1498 O'connor Way
San Luis Obispo, CA 93401
- 2 beds
- 2 baths
- 2,400 sqft
- ~188 acre lot
- $1,750 per sqft
- 1930 build
- – on site
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 endless opportunities. The main home exudes historic charm, complemented by a second farmhouse, bunkhouse, rustic cabin, and two barns. A large structure could easily be converted into a 12-stall barn with a one-acre arena, ideal for equestrian pursuits. Currently used for cattle grazing, the estate also offers multiple income streams. Just 10 minutes from downtown San Luis Obispo, 15 minutes from Morro Bay, and within a few hours of major cities, this rare property is perfect as a family compound, working ranch, or weekend retreat. Own a piece of SLO history while enjoying modern comforts in a stunning rural setting.
Last checked:
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Last updated Mar 25, 2025
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MLS# 225035124 —
The Building
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Year Built:1930
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Year Built Source:Owner
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Remodeled Updated:No
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Construction Materials:Wood
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Construction Materials:#Collection(String)
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Architectural Style:Colonial
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Architectural Style:#Collection(String)
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Development Status:#Collection(String)
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Structure Type:#Collection(String)
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Subtype Description:#Collection(String)
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Stories:2
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Levels:Two
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Levels:#Collection(String)
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Upper Level:#Collection(String)
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Main Level:#Collection(String)
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Lower Level:#Collection(String)
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Roof:Wood, Metal
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Roof:#Collection(String)
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Basement:#Collection(String)
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Foundation Details:Block, Pillar/Post/Pier
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Foundation Details:#Collection(String)
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Building Features:#Collection(String)
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Exterior Features:#Collection(String)
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Window Features:#Collection(String)
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Patio And Porch Features:#Collection(String)
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Accessibility Features:#Collection(String)
Interior
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Interior Features:#Collection(String)
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Kitchen Features:Laminate Counter
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Dining Room Features:Space in Kitchen
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Living Room Features:Great Room
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Flooring:Tile
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Flooring:#Collection(String)
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Fireplaces Total:1
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Fireplace Features:Living Room
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Fireplace Features:#Collection(String)
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Laundry Features:Inside Area
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Laundry Features:#Collection(String)
Room Dimensions
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Living Area:2400.0
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Living Area Source:Not Verified
Financial & Terms
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Lease Type:Net
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Lease Info:#Collection(String)
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Lease Type:#Collection(String)
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Lease Includes:#Collection(String)
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Rent Includes:#Collection(String)
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Owner Pays:#Collection(String)
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Tenant Pays:#Collection(String)
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Pets Allowed:#Collection(String)
Location
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Directions:Use Google Maps: Coordinates: 35.3044, -120.7309. From North: Hwy 101 in San Luis Obispo to Foothill Blvd.; Continue on Foothill until you get to O'Connor Way. Turn Rt. to address.
The Property
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Parcel Number:067-061-031
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:#Collection(String)
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Lot Features:Shape Regular
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Lot Features:#Collection(String)
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Lot Size Acres:187.9
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Lot Size Dimensions:San Luis Coastal
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Lot Size Square Feet:8184924.0
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Lot Size Units:Acres
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Lot Size Source:Not Verified
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Land Lease:false
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View:#Collection(String)
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Zoning:SFR
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View:Canyon, Other, Mountains
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Current Use:#Collection(String)
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Possible Use:#Collection(String)
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Vegetation:#Collection(String)
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Fencing:Barbed Wire
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Fencing:#Collection(String)
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Horse Amenities:None
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Horse:true
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Horse Amenities:#Collection(String)
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Crops:#Collection(String)
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Soil:#Collection(String)
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Other Structures:Barn(s), Shed(s)
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Land Use:#Collection(String)
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Irrigation Source:None
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Frontage Type:#Collection(String)
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Road Surface Type:#Collection(String)
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Road Frontage Type:#Collection(String)
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Road Responsibility:#Collection(String)
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Driveway Sidewalks:#Collection(String)
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:2
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Bedrooms Possible:3
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central
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Heating:#Collection(String)
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Cooling:Ceiling Fan(s)
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Cooling:#Collection(String)
Utilities
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Utilities:Electric
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Utilities:#Collection(String)
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Electric:220 Volts
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Electric:#Collection(String)
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Sewer:Septic Connected
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Sewer:#Collection(String)
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Water Source:Private
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Water Source:#Collection(String)
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Green Energy Efficient:#Collection(String)
Appliances
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Appliances:Built-In Electric Oven, Built-In Electric Range, Free Standing Refrigerator, Disposal, Double Oven, Electric Cook Top
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Appliances:#Collection(String)
Schools
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Elementary School District:Other
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Middle Or Junior School District:Other
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High School District:Other
The Community
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Senior Community:false
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Community Features:#Collection(String)
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Spa:false
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Spa Features:#Collection(String)
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Pool Private:false
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Pool Features:#Collection(String)
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Association Amenities:#Collection(String)
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Association:false
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Driveway Sidewalks:Gravel
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Association Fee Includes@odata.type#Collection(String)
Parking
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Garage Spaces:1.0
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Parking Type:#Collection(String)
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Parking Access:#Collection(String)
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Parking Features:RV Access, RV Possible, Detached
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Parking Features:#Collection(String)
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Open Parking Spaces:5.0
Extra Units
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Unit 1 Type:#Collection(String)
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Unit 2 Type:#Collection(String)
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Unit 3 Type:#Collection(String)
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Unit 4 Type:#Collection(String)
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Other Units:#Collection(String)
Monthly cost estimate

Asking price
$4,200,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$22,489
|
Taxes | N/A |
Insurance | $1,155 |
Utilities | $208 See report |
Total | $23,852/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/25/25
Mar 25, 2025
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Listed / Active | METROLIST | $4,200,000 |