$3,150,000

485 Oconnor Way San Luis Obispo, CA 93405

Estimated payment $18,724/month

Total Views 2,020
5 Beds
3 Baths
2,660 Sq Ft
$1,184 Price per Sq Ft

Highlights

  • Guest House
  • Community Stables
  • Horse Property
  • Bishop's Peak Elementary School Rated A
  • Stables
  • Solar Power System

About This Home

Coastal Equine Ranch an exceptional equestrian estate in the heart of San Luis Obispo. Nestled on five scenic acres just minutes from downtown San Luis Obispo, Coastal Equine Ranch seamlessly blends country charm with modern convenience. Breathtaking views of the Santa Lucia Mountain range frame the property, while a stately entrance-featuring handcrafted wood gates and stone pillars-sets the tone for the privacy and warmth found throughout.The primary residence offers 5 bedrooms and 3 bathrooms, thoughtfully remodeled with contemporary finishes, fresh paint, and durable vinyl flooring throughout. With two full kitchens and a flexible floor plan, the home can easily be divided into two separate living spaces-ideal for multigenerational living or income potential. In addition, a detached 2-bedroom, 1-bath guest house, affectionately know as The Ranch Retreat, provides a private haven with a full kitchen, comfortable living room, enclosed backyard, and a track record as a successful vacation rental. At the heart of the property is a thriving equestrian operation, currently boarding over 40 horses and offering a full suite of services including boarding, foaling, breeding, training and riding instruction. A dedicated team-professional trainers, instructors, and grounds staff-ensures smooth day-to-day operations, making this a true turnkey investment. Also included is a versatile commercial space, perfect for any business or ranch management needs. This building features a spacious private executive office with its own kitchenette, ideal for quiet focus or client meetings. Behind it, you'll find two expansive modern workspaces, bathed in natural light and equipped with ample storage-offering the perfect balance of privacy and collaboration. Whether you're looking for a personal equine haven, a luxury ranch retreat, or a fully operational business with built-in revenue, Coastal Equine Ranch is a rare opportunity to own one of San Luis Obispo's most unique and profitable properties. A full list of equestrian amenities is available upon request, along with detailed income and expense reports. Information not verified.

Listing Agent

Monique Carlton

BHGRE HAVEN PROPERTIES Brokerage Phone: 805-471-6921 License #01184228 Listed on: 06/08/2025

BHGRE HAVEN PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,112

Year Built

  • Built in 1960

Lot Details

  • 5.09 Acre Lot
  • Property fronts a county road
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned RR

Property Views

  • Pasture
  • Mountain
  • Hills

Home Design

  • Traditional Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,660 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace
  • Workshop
  • Storage

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Retreat
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Gravel Driveway
  • Driveway Level
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Horse Property
  • Open Patio
  • Shed
  • Outbuilding
  • Rain Gutters
  • Front Porch

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • Water Heater
  • Conventional Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Guest House

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 067062001

Community Details

Overview

  • No Home Owners Association
  • San Luis Obispo Subdivision

Amenities

  • Outdoor Cooking Area

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,112

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Access Road, County Road
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Zoning: RR
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 067062001
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2660.00 Square Feet
  • Interior Amenities: Granite Counters, Storage, Tile Counters
  • Stories: 1
  • Entry Location: Single level
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1184.21
  • Room Type: Bonus Room, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Office, Retreat, Workshop
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Granite Counters, Remodeled, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchenette

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Outbuilding, Shed(s)
  • Exterior Features: Corral, Rain Gutters, Stable
  • View: Hills, Mountain(s), Pasture
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio Open, Front Porch, Stone, Tile
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel, Driveway Level, Off Street, On Site

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Amenities: Outdoor Cooking Area
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Stable(s)

Schools

  • School District: San Luis Coastal Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Horse Property, Horse Property Improved, Landscaped, Lawn, Level with Street, Level, Ranch, Sprinkler System
  • Lot Size Sq Ft: 221720.00
  • Lot Size Acres: 5.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 221720.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 130.00
  • Tax Lot: 17

Map

Range of Values:

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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 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 $14,112 $1,291,605 $696,951 $594,654
2023 $14,112 $1,281,927 $683,286 $598,641
2022 $13,189 $1,253,323 $669,889 $583,434
2021 $12,988 $1,229,681 $656,754 $572,927
2020 $12,796 $1,211,579 $650,020 $561,559
2019 $13,129 $1,231,441 $637,275 $594,166
2018 $12,500 $1,172,771 $624,780 $547,991
2017 $12,340 $1,157,824 $612,530 $545,294
2016 $12,122 $1,137,537 $600,520 $537,017
2015 $12,203 $1,145,377 $591,500 $553,877
2014 $10,587 $1,061,444 $579,914 $481,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 For Sale $3,150,000 -- $1,184 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $800,000 Multiple
Interfamily Deed Transfer -- First American Title Co
Grant Deed $900,000 First American Title Company
Grant Deed $620,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $900,000 Adjustable Rate Mortgage/ARM
Closed $1,200,000 Unknown
Previous Owner $1,050,000 New Conventional
Previous Owner $675,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25126983

California Regional Multiple Listing Service (CRMLS)

APN: 067-062-001