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For sale
  • Listed by: Equity Union • Graeme Baldwin • Contact: 805-748-6768
    $1,650,000

    399 Mitchell Dr, Los Osos, CA 93402

    2beds
    1,472sqft
    : 
    $10,943/mo
    Get pre-qualified
    Single Family Residence
    Built in 1981
    3,400 Square Feet Lot
    $1,578,800 Zestimate®
    $1,121/sqft
    $-- HOA

    What's special

    Nestled on a quiet peninsula in the highly desirable Cuesta by the Sea neighborhood, 399 Mitchell Drive offers a rare opportunity to experience true bay-front living in Los Osos. This beautifully maintained 2-bedroom, 3-bath residence enjoys an exceptional waterfront setting where panoramic Back Bay views, abundant wildlife, and spectacular sunsets become part of everyday life. Completely remodeled down to the studs in 2023, the home blends timeless coastal style with modern craftsmanship and quality throughout. The extensive renovation included a stunning new kitchen with new cabinetry, quartz countertops, a breakfast bar, generous pantry space, and all-new appliances, along with beautifully redesigned bathrooms featuring contemporary finishes. The exterior was refreshed with new cedar siding in 2023. In 2025, the home received a new roof, along with new trim and fascia that were professionally replaced and painted, providing exceptional curb appeal and peace of mind for years to come. Designed to maximize natural light and the surrounding scenery, the open-concept floor plan features vaulted ceilings, luxury vinyl flooring, and seamless indoor-outdoor living. The spacious living and dining areas frame the spectacular bay views, creating an inviting space for everyday living and entertaining. Step outside onto the expansive low-maintenance hardwood deck that wraps around two sides of the home—an ideal setting for morning coffee, entertaining guests, or simply enjoying the peaceful coastal environment. Launch your kayak or paddleboard directly from your backyard and explore the estuary, where egrets, herons, seals, and otters are frequent visitors. Additional highlights include a finished one-car garage equipped with a Rivian Level 2 EV charger, professionally landscaped grounds with drip irrigation, and a serene cul-de-sac location just minutes from Montana de Oro State Park, Morro Bay, hiking and biking trails, and the shops and restaurants of downtown Los Osos. Whether you're seeking a full-time residence, weekend retreat, or coastal sanctuary, this one-of-a-kind waterfront property offers an extraordinary lifestyle where exceptional craftsmanship, modern updates, and California's Central Coast beauty come together.
    21 days
    1,631
    100

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Graeme Baldwin DRE #01955843 805-748-6768,

    Equity Union

    Source: CRMLS,MLS#: SC26179614MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Rooms
      • Room types: Primary Bedroom
      Primary bedroom
      • Features: Multiple Primary Suites
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Laundry: Inside
      Features
      • Multiple Primary Suites
      • Has fireplace: Yes
      • Fireplace features: Free Standing, Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,472 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Pool features: None
      • Has view: Yes
      • View description: Bay, Back Bay, Coastline, Water
      • Has water view: Yes
      • Water view: Bay,Back Bay,Coastline,Water
      Lot
      • Size: 3,400 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 074082010
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Fishing, Hiking, Water Sports
      • Subdivision: Cuesta By The Sea(590)
      Location
      • Region: Los Osos

      Financial & listing details

      • Price per square foot: $1,121/sqft
      • Tax assessed value: $879,830
      • Date on market: 9/17/2026
      • Cumulative days on market: 21 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $1,578,800

        $1.50M - $1.66M

        $3,733/mo

        Price history

        DateEventPrice
        9/17/2026Listed for sale$1,650,000+137.4%$1,121/sqft
        Source: CRMLS #SC26179614 Report a problem
        5/15/2014Sold$695,000$472/sqft
        Source: Public Record Report a problem
        3/2/2014Listed for sale$695,000-0.6%$472/sqft
        Source: DeHon,Inc dba Coldwell Banker Liberty Realty #1041587 Report a problem
        9/10/2013Listing removed$699,000$475/sqft
        Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem
        6/15/2013Price change$699,000-4.1%$475/sqft
        Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem
        5/9/2013Price change$729,000-2.7%$495/sqft
        Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem
        3/1/2013Listed for sale$749,000-3.2%$509/sqft
        Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem
        12/9/2012Listing removed$774,000$526/sqft
        Source: Morro Bay Realty #188474 Report a problem
        11/27/2012Price change$774,000-3.1%$526/sqft
        Source: Morro Bay Realty #188474 Report a problem
        8/1/2012Price change$799,000-0.1%$543/sqft
        Source: Morro Bay Realty #188474 Report a problem
        7/21/2012Listed for sale$799,999+18.5%$543/sqft
        Source: Morro Bay Realty #188474 Report a problem
        11/14/2008Sold$675,000+335.5%$459/sqft
        Source: Public Record Report a problem
        6/6/2000Sold$155,000-41.5%$105/sqft
        Source: Public Record Report a problem
        3/31/1997Sold$265,000$180/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $879,830 +2%
        2025$11,991 +2.3%$862,579 +2%
        2024$11,718 +1.7%$845,666 +2%
        2023$11,518 +4.7%$829,085 +3.3%
        2022$11,006 +3.7%$802,829 +2%
        2021$10,615 +0.4%$787,088 +1%
        2020$10,574 +2.6%$779,018 +2%
        2019$10,303 -2.6%$763,744 +2%
        2018$10,575 +7.2%$748,770 +2%
        2017$9,862 +12.5%$734,089 +2%
        2016$8,764 $719,696 +1.5%
        2015$8,764 +18.4%$708,886 +10.6%
        2014$7,401 $641,000 +22.8%
        2012-- $522,000 -22.4%
        2011-- $673,000 +0%
        2010-- $672,901 -0.2%
        2009-- $674,500 +64.7%
        2008-- $409,539 +2%
        2007-- $401,510 +2%
        2006-- $393,639 +2%
        2005-- $385,922 +2%
        2004-- $378,356 +1.9%
        2003-- $371,422 +2%
        2002-- $364,140 +2%
        2001-- $357,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 93402

        Getting around

        9 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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