Nestled in the scenic town of Los Osos, this unique property offers the perfect blend of cozy charm and modern versatility. The main level features a 2-bedroom, 1-bath home with 833 square feet of living space, complete with its own laundry area and charming wood ceilings that evoke the feel of a cozy cabin. New carpet throughout both levels adds a fresh touch to this inviting space. Above, you'll find a, permitted 1,164 square foot executive studio with a private entrance. This upper-level retreat includes a spacious kitchen, laundry area, walk in closet, 3/4 bathroom, and a viewing deck where you can take in the views of the surrounding area. Whether you're seeking additional living space for family, guests, or even rental income, this studio offers endless possibilities. Outside, the property features a fenced yard with a patio area, great for relaxing or entertaining. A storage shed in the backyard provides additional space for tools, equipment, or other storage needs. For added convenience, a carport offers covered parking for two cars side by side. Perfectly situated, this home is less than a block away from Baywood Elementary School, a dual-immersion school, and only a few blocks from downtown Baywood, which sits on the beautiful bay. Enjoy bird watching by the bay, kayaking, or taking a stroll along the water's edge. You can also savor breathtaking sunsets over the dunes. With popular eateries, a Monday farmers market, and more just minutes away, this location offers the best of both convenience and natural beauty. Whether you're looking for a cozy home or a property with potential for extra income, this charming residence in Los Osos is a true gem.