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PRE-FORECLOSURE
The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.
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.
California Outdoor Properties, Inc.Brokerage Phone: 650-722-0361License #02088082Listed on: 03/24/2025
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,134
Year Built
Built in 1930
Lot Details
189 Acre Lot
Property fronts a private road
Barbed Wire
Property is zoned ag
Parking
1 Car Garage
Parking Available
Gravel Driveway
Property Views
Bluff
Canyon
Mountain
Home Design
Colonial Architecture
Fire Rated Drywall
Wood Roof
Metal Roof
Interior Spaces
2,400 Sq Ft Home
2-Story Property
Dual Staircase
High Ceiling
Drapes & Rods
Bay Window
Atrium Doors
Family Room Off Kitchen
Living Room with Fireplace
Combination Dining and Living Room
Utility Room
Laundry Room
Kitchen
Breakfast Bar
Double Oven
Electric Oven
Electric Cooktop
Freezer
Laminate Countertops
Disposal
Bedrooms and Bathrooms
4 Bedrooms | 2 Main Level Bedrooms
Accessible Home Design
Accessible Parking
Outdoor Features
Patio
Shed
Schools
San Luis Obispo High School
Farming
Barn
Agricultural
Utilities
Zoned Heating and Cooling
Private Water Source
Septic Type Unknown
Listing and Financial Details
Assessor Parcel Number 067061031
Community Details
Overview
No Home Owners Association
Mountainous Community
Amenities
Laundry Facilities
Recreation
Hunting
Community Stables
Horse Trails
Hiking Trails
Bike Trail
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,134
Year Built
Built in 1930
Lot Details
0
Parking
1
Listing Details
Structure Type: House
Assessments: No
Property Attached: No
Road Frontage Type: City Street, Private Road
Road Surface Type: Gravel, Paved
View: Yes
Well Report: No
Zoning: ag
Architectural Style: Colonial
Property Sub Type: Single Family Residence
Property Type: Residential
Parcel Number: 067061031
Year Built: 1930
AgentOnly_SellerConsiderConcessionYN: No
Special Features: None
Interior Features
Fireplace: Yes
Living Area: 2400.00 Square Feet
Interior Amenities: 2 Staircases, High Ceilings, Pantry, Unfurnished
Stories: 2
Entry Location: front
Common Walls: No Common Walls
Accessibility Features: Parking
Appliances: Yes
Full Bathrooms: 2
Full And Three Quarter Bathrooms: 2
Half Bathrooms: 1
Total Bedrooms: 4
Door Features: Atrium Doors
Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Living Room
Entry Level: 1
Fireplace Features: Living Room
Levels: Two
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Price Per Square Foot: 1750.00
Room Type: Utility Room
Window Features: Bay Window(s), Drapes
Room Kitchen Features: Laminate Counters
Exterior Features
Patio: Yes
Other Structures: Barn(s), Shed(s)
View: Bluff, Canyon, Mountain(s)
Fence: Yes
Fencing: Barbed Wire
Pool Private: No
Roof: Metal, Wood
Spa: No
Construction Materials: Drywall Walls
Garage/Parking
Attached Garage: No
Garage Spaces: 1.00
Parking: Yes
Parking Features: Gravel
Total Parking Spaces: 1.00
Utilities
Utilities: Electricity Available, Water Available
Heating: Yes
Laundry: Yes
Appliances: Double Oven, Electric Oven, Electric Range, Electric Cooktop, Freezer, Disposal, Refrigerator
Electric: Standard
Heating Type: Central
Laundry Features: Common Area
Sewer: Septic Type Unknown
Water Source: Private
Cooling: Zoned
Condo/Co-op/Association
Association: No
Senior Community: No
Community Features: Biking, Hiking, Horse Trails, Hunting, Mountainous, Stable(s)
Schools
School District: San Luis Coastal Unified
High School: San Luis Obispo
High School: San Luis Obispo
High School2: SALUOB
Lot Info
Additional Parcels: No
Land Lease: No
Land Lease Purchase: No
Lot Features: Agricultural - Other
Lot Size Sq Ft: 8232840.00
Lot Size Acres: 189.0000
Latitude Manual: 35.30520000
Green Features
Certified 433a: Yes
Multi Family
Lease Considered: No
Lot Size Area: 189.0000 Acres
Number Of Units In Community: 3
Number Of Units Total: 1
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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
03/25/202503/25/25
For Sale
$4,200,000
--
$1,750 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)
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
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This home is located at 1498 O'Connor Way, San Luis Obispo, CA 93405 and is currently priced at $4,200,000, approximately $1,750 per square foot. This property was built in 1930. 1498 O'Connor Way is a home located in San Luis Obispo County with nearby schools including Bishop's Peak Elementary School, Laguna Middle School, and San Luis Obispo High School.
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