1498 O'Connor WaySan Luis Obispo, CA 93405

Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 2,400 Sq. ft. | 189.00 Acres
$3,450,000 Active

1498 O'Connor Way Overview

Time on Site:
463 days
Visits:
0

Nestled in the heart of San Luis Obispo, California, the Historic O’Connor Ranch is a distinguished property that offers a unique blend of historical significance and modern amenities. Once part of the esteemed O'Connor Ranch, founded in the 19th century, this estate carries a legacy of ranching excellence. The original headquarters of the O'Connor Ranch is featured in Myron Angel's History of San Luis Obispo County, highlighting its historical importance. The expansive 189-acre property offers breathtaking views, including a portion of Cerro Romualdo, one of the renowned Seven Sisters of San Luis Obispo. The estate comprises residences, barns, and various outbuildings, providing ample space for diverse living arrangements and agricultural pursuits. The main residence exudes historic charm and warmth. Additional structures include a second farmhouse, a bunkhouse, a rustic wood cabin, two barns, and a structure that could easily be converted into a 12 stall barn and horse facility complete with a one-acre arena, catering to equestrian enthusiasts and those seeking a serene rural lifestyle. The property is currently being used for cattle grazing and in combination with the dwellings provides multiple income streams. This property presents a rare opportunity to own a piece of San Luis Obispo's rich history while enjoying the comforts of modern living amidst picturesque surroundings. Centrally located ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and popular Morro Bay. Being 3 hours from the Bay Area and Los Angeles and only 2 hours from Bakersfield, the property offers the perfect weekend getaway or family compound. Please call us to set up a tour.

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1498 O'Connor Way Facts & Features

  • Type Single Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $1,438
  • Lot 189.00 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: San Luis Coastal Unified
  • High School: San Luis Obispo

Listing Information

  • Contingency: no

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: San Luis Obispo
  • MLS Area Major: 699 - Not Defined
  • Postal City: SAN LUIS OBISPO

Community/Development

  • Community Features: Biking,Hiking,Horse Trails,Stable(s),Hunting,Mountainous
  • Number Of Units In Community: 3

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Conventional
  • Parcel Number: 067061031
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: ag

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

General Information

  • Accessibility Features: Parking
  • Appliances: Double Oven,Electric Cooktop,Electric Oven,Electric Range,Freezer,Disposal,Refrigerator
  • Common Walls: No Common Walls
  • Door Features: Atrium Doors
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: front
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Foundation Details: None
  • Interior Features: Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Multiple Staircases,Pantry,Unfurnished,French Door(s)/Atrium Door(s),Utility Room
  • Laundry Features: Common Area
  • Levels: Two
  • Living Area: 2400.0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Bay Window(s),Drapes

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 1.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Agricultural
  • Lot Size Acres: 189.0
  • Lot Size Area: 189.0
  • Lot Size Source: Owner
  • Lot Size Square Feet: 8232840.0
  • Lot Size Units: Acres
  • Road Surface Type: Gravel,Paved
  • Elevation Units: Feet
  • Water Source: Private

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Colonial
    • Attached Garage: No
    • Construction Materials: Drywall
    • Patio And Porch Features: None
    • Property Attached: No
    • Roof: Metal,Wood
    • Structure Type: House

    General Information

    • Fencing: Barbed Wire
    • Horse Amenities: Riding Trail
    • Number Of Units Total: 1
    • Other Structures: Barn(s),Shed(s)
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street,Private Road
    • Sewer: Septic Type Unknown
    • Utilities: Electricity Available,Water Available

    1498 O'Connor Way Neighborhood

    Community

    93405 (San Luis Obispo) Demographics

    22
    Median Age
    413
    Population Density (per sq. mile)
    49%
    College Educated
    $47,783
    Estimated Median Income
    3,134
    Estimated Total Home Owners
    5,266
    Estimated Total Renters
    37% / 63%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1498 O'Connor Way Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1498 O'Connor Way Market Data

    Based on the last 30 days in this zip code

    $1,880,121
    Average List Price
    $772
    Average Price per Square Foot
    13
    Properties Sold
    89
    Average Days on Market
    112
    Properties for Sale
    Calculations provided by Reliance Network

    1498 O'Connor Way History

    Date Event Value Agent
    5/22/2026Source: CRMLS Status Change
    Active
    4/28/2026Source: CRMLS Status Change
    Active Under Contract
    11/1/2025Source: CRMLS Price Reduction
    $3,450,000 -13.6%
    8/9/2025Source: CRMLS Price Reduction
    $3,995,000 -4.9%
    3/24/2025Source: CRMLS Added to Database
    March 24, 2025
    Listing provided courtesy of California Outdoor Properties, Inc.Rea Callender- MLS# SC25063085MLS ProviderContact Information: [email protected] - 707-455-4444