Set on 1.7 usable acres in Los Osos, this unique property offers the perfect blend of privacy, versatility, and exceptional views. The property features a well-built 2-bedroom, 2-bath main home of approximately 1,200 square feet, thoughtfully situated well back from the road for a peaceful setting. Inside, you'll find generously sized bedrooms, a spacious layout, and a classic central brick fireplace that anchors the living area with warmth and character. Adding tremendous value is a legal studio ADU located above the detached garage, where sweeping views of Morro Rock, the bay, and the coastal range create an inspiring backdrop for guests, extended family, rental income, or a private workspace. The grounds are equipped for a wide variety of uses with numerous outbuildings, including a greenhouse, barn, storage shed, and shipping container, providing abundant storage and flexibility for hobbies, equipment, or agricultural pursuits. With room to spread out and three horses permitted on the property, there is ample opportunity for equestrian use, gardening, homesteading, or simply enjoying the open space. Properties offering this combination of acreage, legal second living space, panoramic views, and usable improvements are a rare find in Los Osos. Whether you're seeking a multi-generational property, an income-producing opportunity, or a peaceful rural retreat just minutes from town, this one deserves a closer look.