Enjoy the ever-changing panoramic oceanscape from this beautiful home in the highly-desirable Cabrillo Estates neighborhood, offering a coveted micro-climate and breathtaking views of the Bay and Pacific Ocean. The well-designed floor plan includes approximately 3,377 square feet of living space on roughly 1/3 acre. The main living area offers an expansive great room with a stunning, used-brick fireplace, large kitchen with maple cabinet doors, 18 gauge stainless sink, and abundant counter space. There are spectacular views from nearly every window. The luxurious primary suite opens to a lovely patio and private yard with a majestic oak canopy. There are two additional generous-sized bedrooms and a full bath, plus an interior laundry room on this level. The flooring is a pleasing combination of red oak engineered wood, tile, and new carpeting. The lower level offers an opportunity for a second living space with a large studio apartment featuring a fireplace, spa-style bathroom and separate entrance, plus gorgeous ocean views, ideally designed with the flexibility and potential for multi-family living, guest quarters or a fabulous game room. There is an additional bonus room on the lower level that would be a great workout room or office. The garage provides space to park four vehicles and offers tremendous storage. The private fenced yard is a peaceful retreat, with mature, beautifully shaped and pruned oak trees, perfect for entertaining or personal enjoyment. This home has been very well maintained and upgraded over the years and is move-in ready. Cabrillo Estates is considered to be the most desirable neighborhood in Los Osos, with the incredible views and excellent proximity to Montaña del Oro State Park and Sea Pines Golf Course. Take advantage of all the gifts that the Central Coast has to offer - hiking, golfing, kayaking, beaches, shopping, restaurants, wineries, and a great community of people!