4 months on rocket

1498 Oconnor Way, San Luis Obispo, CA, 93405

$3,950,000

9 Bedrooms
6 Full Baths, 2 Partial
5,225 SqFt
$756/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1890
CoolingNone
FireplaceLiving Room
ViewMountain(s)
MLS #SC23219620
Lot Size189.74 Acres
StatusActive

About 1498 Oconnor Way

Welcome to the enchanting O'Connor Ranch, a historic and sprawling estate nestled on the outskirts of San Luis Obispo, California. This unique property, steeped in a rich ranching legacy, boasts a variety of features that make it a true gem on the Central Coast. The centerpiece of this remarkable property is the original farmhouse, a charming piece of history that exudes character and warmth. In addition to the main farmhouse, the estate includes a second farmhouse, bunkhouse, rustic wood cabin, two barns, and horse facilities complete with a one-acre arena. Whether you're an equestrian enthusiast or simply seeking a peaceful retreat, this property offers endless opportunities for farming, raising livestock, recreation, and creating a homestead in the midst of the area’s world-renowned Mediterranean climate. Perched on the slopes of Cerro Romauldo, a majestic mountain peak reaching 1,306 feet in elevation, the property provides breathtaking panoramic views of the surrounding landscapes. The land unfolds in a tapestry of oak woodlands, chaparral, grasslands, and productive natural springs. With a zoning designation of Agricultural, the property supports a range of residential, agricultural and recreational uses. Featured as the original O'Connor Ranch Headquarters in Myron Angel's admired book, "History of San Luis Obispo County," this estate carries a legacy of ranching that has shaped the region for generations. The property is close to modern amenities in SLO, and is accessed via O'Connor Way, a public county-maintained road. This prime location offers the best of both worlds – a tranquil retreat with proximity to the vibrant City of San Luis Obispo and the picturesque towns of Los Osos and Morro Bay. The O'Connor Ranch is a rare and exceptional opportunity to own a piece of California's history and create your own legacy on the Central Coast. Whether you're captivated by its historical significance, the diverse agricultural landscapes, or the boundless possibilities it presents for creating your dream estate, this property invites you to embark on a journey of a lifetime. Come and experience the allure of O'Connor Ranch – where the past meets the present, and your future awaits.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 5,225 SqFt

Listing Office:

  • Office Name: Richardson Sotheby's International Realty
  • Office Phone: (805) 538-1828
  • Listing Agent: Erik Berg-Johansen

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Agricultural
  • Lot Size: 189.74 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Foothill to O'Connor

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,950,000
  • Price Per SqFt: $756/SqFt
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Housing Market Comparison

See how this home compares to others in San Luis Obispo, CA.

Med. Sold Price

$985.8K

Med. Price/SqFt

$600

Avg. Days On Market

20

# of Sold Homes

26

1498 Oconnor Way vs San Luis Obispo

147 DAYS ON ROCKET

+127 Days

$3,950,000

+$2.9M More

$756/SqFt

+$155 More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $155/SqFt more than other homes in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC23219620

Listing Office:

  • Office Name: Richardson Sotheby's International Realty
  • Office Phone: (805) 538-1828
  • Listing Agent: Erik Berg-Johansen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$19.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-976244
7
/10
  • Bishop's Peak Elementary School

  • 451 Jaycee Dr

  • 3.13 miles

  • Public District Grades KG-6

school-card-donut-976245
6
/10
  • Pacheco Elementary School

  • 261 Cuesta Dr

  • 3.68 miles

  • Public District Grades KG-6

school-card-donut-976246
6
/10
  • C.L. Smith Elementary School

  • 1375 Balboa St

  • 4.39 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $202,772. The most common annual income of people living in San Luis Obispo, CA is $200k+. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1498 Oconnor Way

What is the listing price of this property?

The listing price of 1498 Oconnor Way property is $3,950,000.

What type of property is this?

The property 1498 Oconnor Way is a house located in San Luis Obispo, California, 93405.

Is this property for sale now?

Active Listing: 1498 Oconnor Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1498 Oconnor Way has 9 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 1498 Oconnor Way is 5,225 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1498 Oconnor Way is 1890.
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Rocket HomesCaliforniaSan Luis Obispo CountySan Luis Obispo934051498 Oconnor Way

This home is located at 1498 Oconnor Way in San Luis Obispo, CA and zip code 93405. This 5,225 square foot home, which was built in 1890, sits on a 189.74 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 02, 2023 and is currently priced at $3,950,000.

In March 2024 more than 12 listings in San Luis Obispo, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. In March 2024 in San Luis Obispo, CA there were 0.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $985,812.

From Rocket Homes Real Estate and based on county public records data.

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