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471 Mitchell Dr, Los Osos, CA, 93402

2beds
1baths
1,019sqft
$1,375,000
$1,349price/sqft
$9,038/moest. monthly cost
$361,520/yrincome needed

About This Home

Escape to tranquility in this enchanting couples retreat, nestled on a sprawling 1.1-acre property in the serene coastal town of Los Osos, CA. This charming 2-bedroom, 1-bathroom home offers an idyllic lifestyle surrounded by nature’s beauty, while providing modern conveniences and ample space for your equestrian dreams. This hidden gem offers a rare combination of ample space and future potential. Spanning 1.1 acres, this captivating property is composed of 12 distinct lot numbers, presenting an unrivaled opportunity for both immediate enjoyment and visionary development. Imagine crafting your own expansive estate or exploring the possibility of future projects—each option as enticing as the next. Step inside the existing home and be greeted by a cozy living area that radiates warmth and comfort, perfect for unwinding after a day of adventure. The updated kitchen features modern appliances and stylish finishes, making meal preparation an enjoyable experience. Beyond the inviting interiors lies an oversized garage — ideal for those seeking a creative workspace or simply extra storage. The expansive grounds offer plenty of room to accommodate horses, while also being just moments away from picturesque trails leading to breathtaking beach rides along the Pacific coastline. Outside, enjoy peaceful afternoons under the California sun or gather around a cozy evening fire as stars blanket the sky above this dramatic landscape. Just minutes from local amenities and charming eateries in downtown Los Osos yet worlds away from city noise — discover your perfect escape today at this captivating address!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

8/10
Los Osos Middle SchoolGrades 6-81.5 mi
8/10
Morro Bay High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt,Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Tankless Water Heater
  • Laundry features: In Garage

Bathroom

  • Features: Bathtub,Tub Shower

Bedroom

  • Features: All Bedrooms Up

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Granite Counters,All Bedrooms Up,Bedroom on Main Level
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,019 sqft

Kitchen

  • Features: Granite Counters,Kitchen/Family Room Combo

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 074146001
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Fencing: Wire
  • Horses can be raised: Yes

Lot

  • Lot size: 1.10 Acres
  • Features: Horse Property

Parking

  • Total spaces: 4
  • Parking features: Door-Multi,Garage Faces Front,Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Wildfire

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,952$83,424
Home Insurance *$182$2,184
Property Taxes $1,506$18,072
Electricity $398$4,786
Total$9,038$108,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$309,874/yr
40% on housing$271,140/yr
45% on housing$241,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,349This listing

vs Other Active Listings

Avg $/sqft

ZIP 93402$447
San Luis Obispo County$559

vs Homes Sold Last Month

Median $/sqft

ZIP 93402$568
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-03Listed for sale$1,375,000
2014-06-25Sold$490,000
2014-01-19Listed for sale$498,000

For Sale by Agent

AgentSimon Van Beurden
BrokerageBay Osos Brokers

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