Nestled on a spacious 1.12-acre lot with scenic views of Hollister Peak and rolling valley hills, this stunning modern farmhouse offers both style and versatile income generation. Extensively remodeled in 2020, the property includes a 5-bed 3-bath main home, a 1-bed 1-bath guest suite, and a detached 2-bedroom, 2-bath rental unit, all meticulously designed for comfort and privacy. The main residence, currently operating as an Airbnb, is organized into two wings separated by central living spaces. The kitchen showcases custom cabinetry, modern appliances, and a breakfast bar peninsula opening to two living areas, one featuring a fireplace and expansive 16-foot sliding doors leading to the patio. The east wing includes the primary suite with an ensuite bathroom and deep soaker tub, two additional bedrooms sharing a bathroom, a laundry room, and cozy lofted reading nooks. The west wing provides two additional bedrooms and a shared bathroom equipped with a shower and bathtub. The 2020 remodel highlights include cement fiber siding, custom vertical fir windows, an insulated metal roof, new flooring, updated fixtures, a high-efficiency furnace, and a tankless water heater. Custom-designed patios and carefully planned landscaping enhance the outdoor living experience. The backyard is fully fenced and landscaped, featuring a large patio, lawn, fire pit, and seating areas perfect for entertaining or relaxing with picturesque views. Beyond the main residence there are two rental units: an attached one-bedroom one-bath apartment with a private entrance and a separate two-bedroom, two-bath unit featuring a two-car garage, beautiful kitchen, and private yard. Further property features include owned solar panels, two recently installed septic systems sized for future ADU expansion, a private well, and natural gas utilities. The property boasts olive trees in custom planters, magnolias, passion fruit guava plants, automated drip irrigation, and a custom chicken coop with additional space for animals or hobby farming. Situated among larger ranch properties, the area offers peaceful countryside living, neighboring horses, and nearby equestrian activities. The convenient location places you within a ten-minute drive of Morro Bay beaches, Montaña de Oro trails, and the vibrant downtown area of San Luis Obispo. This property offers a unique combination of quiet country living, modern amenities, and excellent income opportunities—don't miss this rare find on the Central Coast.
Under contract
Listing Provided by:
Jeff Landon DRE #01915835 8059043444,
Keller Williams Realty Central Coast
$2,490,000
2289 Falcon Ridge Ln, Los Osos, CA 93402
8beds
3,382sqft
Est.:
Single Family Residence
Built in 1978
1.12 Acres Lot
$2,325,300 Zestimate®
$736/sqft
$-- HOA
What's special
Passion fruit guava plantsStunning modern farmhouseCustom chicken coopCarefully planned landscapingBreakfast bar peninsulaCustom cabinetryNew flooring
- 58 days
- on Zillow |
- 1,504 |
- 83 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 11:11am
Listing Provided by:
Jeff Landon DRE #01915835 8059043444,
Keller Williams Realty Central Coast
Source: CRMLS,MLS#: PI25123941
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 3
- Main level bedrooms: 5
Rooms
- Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Dual Sinks, Multiple Shower Heads, Soaking Tub, Tub Shower, Walk-In Shower
Other
- Features: Walk-In Closet(s)
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Water Heater
- Laundry: Inside
Features
- Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), All Bedrooms Down, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Vinyl, Wood
- Doors: Sliding Doors
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Wood Frames
- Has fireplace: Yes
- Fireplace features: Living Room, Masonry, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,382 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Patio & porch: Concrete, Covered
- Exterior features: Fire Pit
- Pool features: None
- Spa features: None
- Fencing: Wood,Wire
- Has view: Yes
- View description: Hills, Valley
Lot
- Size: 1.12 Acres
- Features: Back Yard, Corner Lot, Front Yard, Lawn, Landscaped, Level
Details
- Additional structures: Guest House
- Parcel number: 074225026
- Zoning: RS
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Hiking, Preserve/Public Land
Location
- Region: Los Osos
Financial & listing details
- Price per square foot: $736/sqft
- Tax assessed value: $776,936
- Annual tax amount: $8,805
- Date on market: 6/5/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
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