
733 Lilac Dr Los Osos, CA 93402
Los Osos NeighborhoodEstimated payment $6,012/month
Highlights
- Bay View
- Main Floor Bedroom
- No HOA
- Monarch Grove Elementary School Rated A
- Private Yard
- Hiking Trails
About This Home
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.
Listing Agent
Coastal Real Estate Brokerage Phone: 805-441-5018 License #01193039 Listed on: 06/26/2025
Co-Listing Agent
Coastal Real Estate Brokerage Phone: 805-441-5018 License #01487058
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,135
Year Built
- Built in 1961
Lot Details
- 7,841 Sq Ft Lot
- Private Yard
- Property is zoned RSF
Parking
- 2 Car Attached Garage
Property Views
- Bay
- Peek-A-Boo
- Dune
- Rock
Interior Spaces
- 1,315 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Urban Location
Schools
- Monarch Grove Elementary School
- Los Osos Middle School
- Morro Bay High School
Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 4
- Tax Tract Number 122
- Assessor Parcel Number 074381005
Community Details
Overview
- No Home Owners Association
- Morro Palisades Subdivision
Recreation
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $7,135 | $404,646 | $328,093 | $76,553 |
2024 | $7,065 | $396,712 | $321,660 | $75,052 |
2023 | $7,065 | $388,934 | $315,353 | $73,581 |
2022 | $6,647 | $381,309 | $309,170 | $72,139 |
2021 | $6,225 | $373,833 | $303,108 | $70,725 |
2020 | $2,701 | $68,937 | $19,030 | $49,907 |
2019 | $2,673 | $67,586 | $18,657 | $48,929 |
2018 | $3,046 | $66,262 | $18,292 | $47,970 |
2017 | $2,879 | $64,964 | $17,934 | $47,030 |
2016 | $1,655 | $63,691 | $17,583 | $46,108 |
2015 | $1,644 | $62,735 | $17,319 | $45,416 |
2014 | $1,583 | $61,507 | $16,980 | $44,527 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2025 06/26/25 | For Sale | $989,500 | -- | $752 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $275,000 | Placer Title Company |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25143202

APN: 074-381-005
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