1498 O'Connor Way San Luis Obispo, CA 93405
Estimated payment $23,559/month
Total Views
23,762
2
Beds
2
Baths
2,400
Sq Ft
$1,750
Price per Sq Ft
Highlights
- Barn
- Horses Allowed On Property
- 187.9 Acre Lot
- Bishop's Peak Elementary School Rated A
- RV Access or Parking
- Canyon View
About This Home
Nestled in the heart of San Luis Obispo, this 189-acre estate was once part of the historic O'Connor Ranch, a property featured in History of San Luis Obispo County. Offering breathtaking views, including a portion of Cerro Romualdo, one of the famed "Seven Sisters," this ranch blends rich history with modern potential.The property includes multiple residences, barns, and outbuildings, providing endless opportunities. The main home exudes historic charm, complemented by a second farmhouse, bunkhouse, rustic cabin, and two barns. A large structure could easily be converted into a 12-stall barn with a one-acre arena, ideal for equestrian pursuits. Currently used for cattle grazing, the estate also offers multiple income streams. Just 10 minutes from downtown San Luis Obispo, 15 minutes from Morro Bay, and within a few hours of major cities, this rare property is perfect as a family compound, working ranch, or weekend retreat. Own a piece of SLO history while enjoying modern comforts in a stunning rural setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,134
Year Built
- Built in 1930
Lot Details
- 187.9 Acre Lot
- Barbed Wire
Parking
- 5 Open Parking Spaces
- 1 Car Garage
- Gravel Driveway
- RV Access or Parking
Property Views
- Canyon
- Mountain
Home Design
- Colonial Architecture
- Block Foundation
- Wood Roof
- Metal Roof
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 1 Fireplace
- Great Room
- Living Room
- Tile Flooring
- Laundry in unit
Kitchen
- Double Oven
- Built-In Electric Oven
- Built-In Electric Range
- Laminate Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Bathtub with Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating
- 220 Volts
- Private Water Source
- Septic System
Additional Features
- Shed
- Barn
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 067-061-031
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,134 | $111,607 | $99,084 | $12,523 |
| 2023 | $1,134 | $102,436 | $90,158 | $12,278 |
| 2022 | $1,069 | $101,042 | $89,004 | $12,038 |
| 2021 | $1,112 | $99,674 | $87,872 | $11,802 |
| 2020 | $1,134 | $106,721 | $95,040 | $11,681 |
| 2019 | $1,105 | $260,330 | $237,426 | $22,904 |
| 2018 | $1,069 | $99,660 | $88,432 | $11,228 |
| 2017 | $1,055 | $98,384 | $87,376 | $11,008 |
| 2016 | $934 | $87,098 | $76,305 | $10,793 |
| 2015 | $836 | $77,981 | $67,350 | $10,631 |
| 2014 | $918 | $91,462 | $81,039 | $10,423 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | For Sale | $4,200,000 | -- | $1,750 / Sq Ft |
Source: MetroList
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Co | |
| Grant Deed | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | Unknown | |
| Closed | $900,000 | Stand Alone Second | |
| Closed | $0 | Unknown | |
| Closed | $450,000 | Unknown | |
| Closed | $114,314 | Unknown | |
| Closed | $116,640 | Unknown | |
| Closed | $150,000 | No Value Available | |
| Closed | $100,000 | No Value Available | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $426,000 | Unknown | |
| Closed | $12,500 | No Value Available |
Source: Public Records
Similar Homes in San Luis Obispo, CA
Source: MetroList
MLS Number: 225035124
APN: 067-061-031
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