7 months on rocket

6175 Balm Ridge Way, San Luis Obispo, CA, 93401

$1,995,000

38.58 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Ocean, Panoramic, Trees/Woods
MLS #SC23169559
Lot Size38.58 Acres
StatusActive

About 6175 Balm Ridge Way

Legacy opportunity to purchase 38 acres of raw land at the top of Baron Canyon Ranch. Enjoy private access from the gated community without having to pay home owner’s association dues. As you climb up Baron Canyon Ranch Road and Balm Ridge Road, this property is quietly tucked away at the very end of the neighborhood. The site features superb views of the ocean and surrounding hills and is only three miles from the San Luis Bay Drive freeway exit, providing very convenient access to San Luis Obispo or South County while maintaining ultimate privacy and views. The majority of the parcels within the Baron Canyon HOA development are between 1 to 3 acres, however this property is not within the planned community and is significantly larger (38.58 acres) with better panoramic views. Parcel analysis prepared by licensed architect is available upon request. Contact us to schedule a private tour of this rare opportunity any time.

Property Details

Property Features

Listing Office:

  • Office Name: Eighty20 Group
  • Office Phone: (818) 961-6508
  • Listing Agent: Farid Shahid

Exterior Features

Exterior Information:

  • View: Mountain(s), Ocean, Panoramic, Trees/Woods

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 38.58 Acres

Other

Directions Information:

  • Directions: Head East on San Luis Bay Drive, left at Monte Road. Enter Baron Canyon gates and right on Balm Ridge Way until road ends.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000

Tax Information:

  • Annual Amount: $3,846
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$991K

Med. Price/SqFt

$607

Avg. Days On Market

24

# of Sold Homes

43

6175 Balm Ridge Way vs San Luis Obispo

237 DAYS ON ROCKET

+213 Days

$1,995,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC23169559

Listing Office:

  • Office Name: Eighty20 Group
  • Office Phone: (818) 961-6508
  • Listing Agent: Farid Shahid

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: 5/6/2024, 4:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 1998Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,846$362,074
2020$3,806$358,362
2019$3,693$351,336
2018$3,693$344,448
2017$3,621$337,695

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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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-6814068
9
/10
  • Bellevue-Santa Fe Charter

  • 1401 San Luis Bay Dr

  • 2.52 miles

  • Public Charter Grades KG-6

school-card-donut-6814069
9
/10
  • Shell Beach Elementary School

  • 2100 Shell Beach Rd

  • 3.01 miles

  • Public District Grades KG-6

school-card-donut-6814070
6
/10
  • Los Ranchos Elementary School

  • 5785 Los Ranchos Rd

  • 3.09 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,708. Most San Luis Obispo, CA residents have annual incomes between $100k-200k. Most families are 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 6175 Balm Ridge Way

What is the listing price of this property?

The listing price of 6175 Balm Ridge Way property is $1,995,000.

What type of property is this?

The property 6175 Balm Ridge Way is land located in San Luis Obispo, California, 93401.

Is this property for sale now?

Active Listing: 6175 Balm Ridge 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 $3,846 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 11, 1998 for $250,000. (source: MLS/tax record).

How much acreage is this property?

The property 6175 Balm Ridge Way is 38.58 acres.
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Rocket HomesCaliforniaSan Luis Obispo CountySan Luis Obispo934016175 Balm Ridge Way

This home is located at 6175 Balm Ridge Way in San Luis Obispo, CA and zip code 93401. This home sits on a 38.58 acre lot. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $1,995,000.

Over 17 listings were sold over their listed price in April 2024 in San Luis Obispo, CA. In the same period over 14 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in San Luis Obispo, CA between March 2024 and April 2024 decreased by 2.2%. While the average time on the market in April 2024 was 24 days, the median list price was $991,000.

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

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