733 Lilac Drive
Los Osos, CA 93402 • 3 Bed • 2 Bath • 1,315 sq.ft.

Property summary

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.

Days on market: 14

Listing updated: July 10, 2025 - 07:10:07

Property details

Property ID
SC25143202
Size
1315 sq.ft.
Home Type
Residential
Year Built
1961
Property Size
0.18 acre
Garage
2
Levels
1
Spa
No
Patio
No
Basement
No
View
Bay, Peek-A-Boo, Rocks
Pool
None

Listed by: Christine McDonald DRE #01193039 805-528-7171, Coastal Real Estate - San Luis Obispo Coastal

Source: San Luis Obispo Coastal, MLS#: SCHUNT Originating MLS: CRMLS

Interior information

Rooms
Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Bathrooms
2
Kitchen
N/A
Cooling
None
Heating
N/A
Flooring
N/A
Laundry
In Garage
$989,500
Property price
Make an offer
Savings estimator
Revesty savings: $40K
Calculate your
savings
Mortgage estimator
Est.: $3,958/mo
Calculate monthly
payments
Have questions about this property?
Working hours: Monday to Friday 9:00am - 6:00pm (PST)

More Properties

6552 Neddy Avenue
West Hills, CA 91307
$1,149,000
3 Bed • 2 Bath • 1,300 sq.ft.
View details
731 Glenlake Drive 71
Placentia, CA 92870
$285,000
2 Bed • 2 Bath • 1,856 sq.ft.
View details
560 Palmer Drive
Hemet, CA 92543
$245,500
2 Bed • 2 Bath • 1,009 sq.ft.
View details
CRMLS logo

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-22 05:18:28 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Get your home valuation estimate

REVESTY estimates are powered by MLS data, the most accurate and reliable source in the industry. Enter your address and get a precise home value estimate from a REVESTY agent.

clock icon

We will contact you within 3 hours.

Thank you for your patience.