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.
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
Single Family Residence
Built in 1981
3,400 Square Feet Lot
$1,578,800 Zestimate®
$1,121/sqft
$-- HOA
What's special
- 20 days
- 1,617
- 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#: SC26179614
Originating 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
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $1,650,000+137.4%$1,121/sqft |
Source: | ||
| 5/15/2014 | Sold | $695,000$472/sqft |
Source: Public Record Report a problem | ||
| 3/2/2014 | Listed for sale | $695,000-0.6%$472/sqft |
Source: DeHon,Inc dba Coldwell Banker Liberty Realty #1041587 Report a problem | ||
| 9/10/2013 | Listing removed | $699,000$475/sqft |
Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem | ||
| 6/15/2013 | Price change | $699,000-4.1%$475/sqft |
Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem | ||
| 5/9/2013 | Price change | $729,000-2.7%$495/sqft |
Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem | ||
| 3/1/2013 | Listed for sale | $749,000-3.2%$509/sqft |
Source: Wilson & Co. Sotheby's International Realty #194074 Report a problem | ||
| 12/9/2012 | Listing removed | $774,000$526/sqft |
Source: Morro Bay Realty #188474 Report a problem | ||
| 11/27/2012 | Price change | $774,000-3.1%$526/sqft |
Source: Morro Bay Realty #188474 Report a problem | ||
| 8/1/2012 | Price change | $799,000-0.1%$543/sqft |
Source: Morro Bay Realty #188474 Report a problem | ||
| 7/21/2012 | Listed for sale | $799,999+18.5%$543/sqft |
Source: Morro Bay Realty #188474 Report a problem | ||
| 11/14/2008 | Sold | $675,000+335.5%$459/sqft |
Source: Public Record Report a problem | ||
| 6/6/2000 | Sold | $155,000-41.5%$105/sqft |
Source: Public Record Report a problem | ||
| 3/31/1997 | Sold | $265,000$180/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment




