This charming house sits on a large parcel near Baywood Village that includes FOUR 25-125 lots. The house is located on the northern-most of the parcels. Nearby 3rd street contains many of the picturesque Baywood Park stores, restaurants and shops. The Morro Bay estuary with its firm shore and spectacular Irish Hills backdrop is also near. The structure is located well off the street with a single attached garage and a mature tree to provide shade and a rural ambiance. The entry opens into a spacious great room with vaulted ceilings accented by exposed beams. Large windows look south across the adjacent vacant lots up into the verdant Irish Hills. The bright ’n airy kitchen has an eat-at counter and a full array of appliances. The two guest bedrooms are ample in size. There is a single full bath. The primary bedroom is larger, running full width and located at the back of the structure. It is enhanced by a glazed exterior door to the rear yard area. The parcels immediately behind are presently undeveloped adding to the spacious feel to this house and grounds. The existing house could be expanded or it could be replaced by a new structure of more ample size and a second story for more expansive views. The future of additional residential water allocations for the Los Osos/Baywood area is uncertain, but looks more promising after the recent Coastal Commission meetings.