Owner willing to finance! Located in the desirable Morro Palisades neighborhood of Los Osos, this beautifully reimagined 1,315 sq/ft 3-bedroom, 2-bath home offers the ease of modern living with the charm of a well-established coastal community. Fully rebuilt in 2020 and taken down to the studs, it features all-new systems, finishes, and thoughtful upgrades—including EV charging capability in the garage and 220V wiring in the backyard—ready for your future hot tub and sunset soaks under the stars.
Inside, an open and airy layout is filled with natural light from multiple sun tunnels that brighten the space throughout the day. The spacious kitchen features quartz countertops, eco-friendly cabinetry, and a functional layout ideal for everyday living and entertaining. Double-pane windows provide energy efficiency and comfort, while updated flooring and fixtures create a cohesive, move-in ready feel.
The primary suite includes a private en-suite bath and a sliding glass door that opens directly to the backyard—offering a peaceful connection to the outdoors. Two additional bedrooms provide flexibility for guests, family, or remote work. The large, fully fenced backyard offers ample space for gardening, play, pets, or future expansion.
Centrally located just blocks from Monarch Grove Elementary and the Central Coast Waldorf School (also known as Wishing Well), this home enjoys proximity to parks, eateries, and local favorites. Sea Pines Golf Resort hosts free spring and summer concerts just a short drive away. For nature lovers, the stunning Montana De Oro State Park is only 8 minutes away, offering beaches, hiking, surfing, and breathtaking coastal scenery. Morro Bay is a 10-minute drive, and San Luis Obispo is just 12 minutes away.
With quality craftsmanship, energy-conscious upgrades, and an ideal location, this move-in ready home is a standout opportunity to enjoy the best of life on the Central Coast.
Seller may consider owner financing with 20% down, 6% interest, amortized over 30 years with the remaining balance due payment due in 10 years.
Inside, an open and airy layout is filled with natural light from multiple sun tunnels that brighten the space throughout the day. The spacious kitchen features quartz countertops, eco-friendly cabinetry, and a functional layout ideal for everyday living and entertaining. Double-pane windows provide energy efficiency and comfort, while updated flooring and fixtures create a cohesive, move-in ready feel.
The primary suite includes a private en-suite bath and a sliding glass door that opens directly to the backyard—offering a peaceful connection to the outdoors. Two additional bedrooms provide flexibility for guests, family, or remote work. The large, fully fenced backyard offers ample space for gardening, play, pets, or future expansion.
Centrally located just blocks from Monarch Grove Elementary and the Central Coast Waldorf School (also known as Wishing Well), this home enjoys proximity to parks, eateries, and local favorites. Sea Pines Golf Resort hosts free spring and summer concerts just a short drive away. For nature lovers, the stunning Montana De Oro State Park is only 8 minutes away, offering beaches, hiking, surfing, and breathtaking coastal scenery. Morro Bay is a 10-minute drive, and San Luis Obispo is just 12 minutes away.
With quality craftsmanship, energy-conscious upgrades, and an ideal location, this move-in ready home is a standout opportunity to enjoy the best of life on the Central Coast.
Seller may consider owner financing with 20% down, 6% interest, amortized over 30 years with the remaining balance due payment due in 10 years.
Property Details
Price:
$989,500
MLS #:
SC25143202
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Morro Palisades620
Neighborhood:
ososlososos
Listed Date:
Jun 26, 2025
Finished Sq Ft:
1,315
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1961
See this Listing
Schools
School District:
San Luis Coastal Unified
Elementary School:
Monarch Grove
Middle School:
Los Osos
High School:
Morro Bay
Interior
Bathrooms
2 Full Bathrooms
Cooling
None
Laundry Features
In Garage
Exterior
Community Features
Hiking, Urban
Parking Spots
2.00
Financial
Map
Community
- Address733 Lilac Drive Los Osos CA
- NeighborhoodOSOS – Los Osos
- SubdivisionMorro Palisades(620)
- CityLos Osos
- CountySan Luis Obispo
- Zip Code93402
LIGHTBOX-IMAGES
NOTIFY-MSG
Market Summary
Current real estate data for Single Family in Los Osos as of Aug 31, 2025
36
Single Family Listed
96
Avg DOM
695
Avg $ / SqFt
$1,357,181
Avg List Price
Property Summary
- Located in the Morro Palisades(620) subdivision, 733 Lilac Drive Los Osos CA is a Single Family for sale in Los Osos, CA, 93402. It is listed for $989,500 and features 3 beds, 2 baths, and has approximately 1,315 square feet of living space, and was originally constructed in 1961. The current price per square foot is $752. The average price per square foot for Single Family listings in Los Osos is $695. The average listing price for Single Family in Los Osos is $1,357,181. To schedule a showing of MLS#sc25143202 at 733 Lilac Drive in Los Osos, CA, contact your Outland and Associates Real Estate agent at 8054813939.
LIGHTBOX-IMAGES
NOTIFY-MSG
Similar Listings Nearby
Courtesy of Coastal Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.733 Lilac Drive
Los Osos, CA
LIGHTBOX-IMAGES
NOTIFY-MSG