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733 Lilac Dr, Los Osos, CA 93402

List Price: $989,500On Market FlagOn market
Jun 26, 20251,315 sqft3 beds2 baths
Listed by: Christine McDonald
License #: 01193039
Phone #: 805-441-5018
Coastal Real Estate
Source:
CRMLS Logo
MLS #: SC25143202

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,792

TurboHome Estimated Value

$987,800

$751 sqft

High Valuation
$1,037,190
$789/sqft
Normal Valuation
$987,800
$751/sqft
Low Valuation
$938,410
$714/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$751/sqft$987,800

Neighborhood: Morro Palisades(620)

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Comparative Value

$800K

$815K

$860K

$870K

$905K

$990K

508 Woodland Dr, Los Osos, CA 93402

Sale Price: $800,000

Selected Comparable

516 Manzanita Dr, Los Osos, CA 93402

Sale Price: $815,000

Selected Comparable

741 Woodland Dr, Los Osos, CA 93402

Sale Price: $860,000

Selected Comparable

556 Lilac Dr, Los Osos, CA 93402

Sale Price: $870,000

Selected Comparable

630 Woodland Dr, Los Osos, CA 93402

Sale Price: $905,000

Selected Comparable

733 Lilac Dr, Los Osos, CA 93402

List Price: $989,500

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
733 Lilac Dr, Los Osos, CA 93402

733 Lilac Dr, Los Osos, CA 93402

List: $989,500

Listed: 6/26/2025

Area:1,315 sqft
Price/sqft:$752
Beds:3
Baths:2
Year Built:
Lot Size:7,841

Comparable Properties

COMPARABLE
Choose comps
508 Woodland Dr, Los Osos, CA 93402

508 Woodland Dr, Los Osos, CA 93402

Sale: $800,000

7/24/20250.41 mi

Area:1,378 sqft
Price/sqft:$581
Beds:3
Baths:2
Year Built:
Weight:21.2%
516 Manzanita Dr, Los Osos, CA 93402

516 Manzanita Dr, Los Osos, CA 93402

Sale: $815,000

4/8/20250.38 mi

Area:1,315 sqft
Price/sqft:$620
Beds:3
Baths:2
Year Built:
Weight:20.5%
741 Woodland Dr, Los Osos, CA 93402

741 Woodland Dr, Los Osos, CA 93402

Sale: $860,000

4/7/20250.10 mi

Area:1,199 sqft
Price/sqft:$717
Beds:3
Baths:2
Year Built:
Weight:19.9%
556 Lilac Dr, Los Osos, CA 93402

556 Lilac Dr, Los Osos, CA 93402

Sale: $870,000

10/25/20240.32 mi

Area:1,320 sqft
Price/sqft:$659
Beds:3
Baths:2
Year Built:
Weight:19.7%
630 Woodland Dr, Los Osos, CA 93402

630 Woodland Dr, Los Osos, CA 93402

Sale: $905,000

2/4/20250.25 mi

Area:1,170 sqft
Price/sqft:$774
Beds:3
Baths:2
Year Built:
Weight:18.7%

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