ParkingDriveway, Garage Faces Front, Paved, RV Access/Parking, Workshop in Garage
Garage8 spaces
Year Built1995
HeatingElectric, Fireplace(s), Propane, Solar
CoolingNone
WaterfrontCreek
FireplaceDining Room, Family Room, Primary Bedroom
ViewHills, Mountain(s), Creek/Stream
MLS #NS24030817
Lot Size9.60 Acres
StatusActive
About 4375 Rustic Way
Welcome to an extraordinary opportunity nestled within the enchanting landscape of San Luis Obispo, where the essence of coastal charm meets the allure of rural living. Situated on about 10 flat usable acres of pristine land, this captivating parcel embodies the epitome of California elegance, offering a sanctuary of unparalleled beauty just minutes from the city's vibrant downtown, airport, and breathtaking ocean vistas. Discover the peaceful convenience as you explore this exciting property. This could potentially fulfill the opportunities for development, as well as ranching,equestrian living and of course the discerning homeowner. The main residence, situated on 2.2 acres of manicured grounds, beckons with its timeless and understated sophistication. Boasting three bedrooms, two baths, and an unfinished guest unit with bathroom upstairs, this home provides a canvas for personalization and expansion. Embrace the spirit of sustainability and self-sufficiency with owned solar panels, two septic systems, and a shared well. Step outside to discover a picturesque deck area, with a fabulous built-in barbecue and ample space to bask in the sun, offering the perfect setting for gatherings with friends and family. Completing this exceptional offering is a detached 1500-square-foot garage, with bathroom and optimal possibilities for storage, hobbies, and a workshop. The additional acreage, which sits on 7+ acres can be accessed via Esperanza and is truly a DEVELOPER'S dream come true! With infinite potential and a location that epitomizes the best of San Luis Obispo living, seize the opportunity and schedule a private viewing!
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 1995
Stories: 2
Living Area: 2,200 SqFt
Listing Office:
Office Name: Platinum Properties
Office Phone: (805) 835-2300
Listing Agent: Dana Sidders
Interior Features
Interior Information:
Appliances: Range, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener, Water Heater
Flooring Type: Carpet, Laminate, See Remarks
Interior: Built-in Features, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Open Floorplan, Partially Furnished, Quartz Counters, All Bedrooms Down, Entrance Foyer, Main Level Primary, Primary Suite, Walk-In Closet(s), Workshop
Fireplace: Dining Room, Family Room, Primary Bedroom
This property is $6.3M more than the Median Sold Price and $2.7K/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: #NS24030817
Listing Office:
Office Name: Platinum Properties
Office Phone: (805) 835-2300
Listing Agent: Dana Sidders
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: 4/30/2024, 9:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,013
$754,372
2020
$7,931
$746,638
2019
$7,773
$731,999
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$36.5K
Per Month
Principal & Interest
$36.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$21.9K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Sinsheimer Elementary School
2755 Augusta St
Distance between this listing and this school2.20 miles
Public District Grades KG-6
6
/10
Hawthorne Elementary School
2125 Story St
Distance between this listing and this school2.22 miles
Public District Grades KG-6
6
/10
C.L. Smith Elementary School
1375 Balboa St
Distance between this listing and this school2.33 miles
Public District Grades KG-6
Nearby Schools
7
/10
Laguna Middle School
11050 Los Osos Valley Rd
Distance between this listing and this school2.71 miles
Public District Grades 7-8
9
/10
Teach Elementary School
451 Jaycee Dr
Distance between this listing and this school4.32 miles
Public District Grades 4-6
5
/10
Judkins Middle School
680 Wadsworth Ave
Distance between this listing and this school6.49 miles
Public District Grades 7-8
Nearby Schools
8
/10
San Luis Obispo High School
1499 San Luis Dr
Distance between this listing and this school3.17 miles
Public District Grades 9-12
6
/10
Arroyo Grande High School
495 Valley Rd
Distance between this listing and this school9.72 miles
Public District Grades 9-12
7
/10
Morro Bay High School
235 Atascadero Rd
Distance between this listing and this school15.04 miles
The neighbors living near this home have an average income of $100,000. The majority of San Luis Obispo, CA residents have income between $100k-200k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4375 Rustic Way
What is the listing price of this property?
The listing price of 4375 Rustic Way property is $7,300,000.
What type of property is this?
The property 4375 Rustic Way is a house located in San Luis Obispo, California, 93401.
Is this property for sale now?
Active Listing: 4375 Rustic Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,013 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 4375 Rustic Way has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 4375 Rustic Way is 2,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4375 Rustic Way is 1995.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4375 Rustic Way in San Luis Obispo, CA and zip code 93401. This 2,200 square foot home, which was built in 1995, sits on a 9.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $7,300,000.
In March 2024, from all listings sold in San Luis Obispo, CA there were more than 12 sold above asking price, over 9 sold below and more than 5 were sold right at the asked price. The number of listings in San Luis Obispo, CA increased by 0.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 20 days, the median list price was $985,812.
From Rocket Homes Real Estate and based on county public records data.
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. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Express/Express For Men
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information