Set along the stunning coastline of Los Osos, this rare, breathtaking opportunity offers the perfect blend of amazing scenery, pride of ownership, and future potential. From the comfort of your incredible porch, take in unobstructed views of Morro Rock as the sun sets over the Pacific, creating a truly unforgettable backdrop you can enjoy every evening. With direct access to the water just steps from your property, this home embraces the very best of Central Coast living. Meticulously cared for over the years, the residence features newer appliances, all new double-pane windows, the roof replaced in 2017, a new water heater installed in 2019, recent fumigation, dry rot remediation completed in 2023, and fresh exterior paint, offering peace of mind for years to come. Situated on an expansive 8,000± sq ft lot, the property presents a unique and highly valuable advantage in this sought-after coastal community: approximately half of the parcel remains a separate open area with water and power already connected, creating an exceptional opportunity for future development, a guest house, income-producing unit, multigenerational living, or the chance to expand your coastal retreat. Buildable lots this close to the water in Los Osos are increasingly rare, making this an outstanding investment with endless long-term possibilities. The existing home also offers the perfect canvas to bring your own personal style and vision to life while enjoying one of the Central Coast's most serene and picturesque settings!