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$875,000
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Property Description
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.
Full Property Details
Full Property Details for 733 Lilac Dr
General
- Sold For: $875,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SC25143202
- Added to Site: 204 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: San Luis Obispo
- Subdivision: Morro Palisades(620)
- Driving Directions: Heading west on LOVR, turn left on palisades, then right on Lilac, house is on the left.
School Information
- School District: San Luis Coastal Unified
- Elementary School: MONGR
- Middle School: LOSOSS
- High School: MORRB
Community
- Community Features: Hiking, Urban
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,315
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Year Built Source: Public Records
Lot Features
- Property View: Dunes, Bay, Peek-a-Boo, Rocks
- Lot Size (Acres): 0.18
- Lot Size Source: Assessor
- Zoning: RSF
- Lot Description: Lot 6500-9999, Yard
Financial Considerations
- Price Per Sq. Ft.: $665.4
Disclosures and Reports
- Special Conditions: Standard
Listed by Coastal Real Estate, Christine McDonald and Coastal Real Estate, Sophia McDonald
Sold by Bhgre Haven Properties, Holly Rodgers
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Schools
Schools serving 733 Lilac Dr
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Monarch Grove Elementary School 348 Los Osos Valley Rd., Baywood-Los Osos, CA 93402 | K-6 | 0.6 mi |
Los Osos Middle School 1555 El Moro St., Baywood-Los Osos, CA 93402 | 7-8 | 1.5 mi |
Morro Bay High School 235 Atascadero Road, Morro Bay, CA 93442 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 733 Lilac Dr
Date
Details
Price
Change
Source
9/19/2025
Sold
$875,000
-2.67%
MLS
8/29/2025
Price Reduced
$899,000
-9.15%
MLS
6/26/2025
Listed
$989,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
733 Lilac Drive, Los Osos, CA 93402 (MLS# SC25143202) is a Single Family property that was sold at $875,000 on September 19, 2025. Want to learn more about 733 Lilac Drive? Do you have questions about finding other Single Family real estate for sale in Los Osos? You can browse all Los Osos real estate or contact a Coldwell Banker agent to request more information.

