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For sale
    • Listed by: California Outdoor Properties, Inc. • Rea Callender • Contact: 650-722-0361
    $3,450,000

    1498 Oconnor Way, San Luis Obispo, CA 93405

    4beds
    2,400sqft
    : 
    $22,677/mo
    Get pre-qualified
    Single Family Residence
    Built in 1930
    189 Acres Lot
    $-- Zestimate®
    $1,438/sqft
    $-- HOA

    What's special

    Second farmhouseRustic wood cabinHistoric charm and warmthTwo barnsOne-acre arenaBreathtaking views
    Nestled in the heart of San Luis Obispo, California, the Historic O’Connor Ranch is a distinguished property that offers a unique blend of historical significance and modern amenities. Once part of the esteemed O'Connor Ranch, founded in the 19th century, this estate carries a legacy of ranching excellence. The original headquarters of the O'Connor Ranch is featured in Myron Angel's "History of San Luis Obispo County," highlighting its historical importance. The expansive 189-acre property offers breathtaking views, including a portion of Cerro Romualdo, one of the renowned "Seven Sisters" of San Luis Obispo. The estate comprises residences, barns, and various outbuildings, providing ample space for diverse living arrangements and agricultural pursuits. The main residence exudes historic charm and warmth. Additional structures include a second farmhouse, a bunkhouse, a rustic wood cabin, two barns, and a structure that could easily be converted into a 12 stall barn and horse facility complete with a one-acre arena, catering to equestrian enthusiasts and those seeking a serene rural lifestyle. The property is currently being used for cattle grazing and in combination with the dwellings provides multiple income streams. This property presents a rare opportunity to own a piece of San Luis Obispo's rich history while enjoying the comforts of modern living amidst picturesque surroundings. Centrally located ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and popular Morro Bay. Being 3 hours from the Bay Area and Los Angeles and only 2 hours from Bakersfield, the property offers the perfect weekend getaway or family compound. Please call us to set up a tour.
    498 days
    |
    1,111
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rea Callender DRE #02088082 650-722-0361,

    California Outdoor Properties, Inc.

    Source: CRMLS,MLS#: SC25063085MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Utility Room, Dining Room
      Kitchen
      • Features: Laminate Counters
      Heating
      • Central
      Cooling
      • None, Zoned
      Appliances
      • Included: Double Oven, Electric Cooktop, Electric Oven, Electric Range, Freezer, Disposal, Refrigerator
      • Laundry: Common Area
      Features
      • Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Multiple Staircases, Pantry, Unfurnished, French Door(s)/Atrium Door(s), Utility Room
      • Doors: Atrium Doors
      • Windows: Bay Window(s), Drapes
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,400 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Gravel
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Parking
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: front
      • Patio & porch: None
      • Pool features: None
      • Spa features: None
      • Fencing: Barbed Wire
      • Has view: Yes
      • View description: Bluff, Canyon, Mountain(s)
      Lot
      • Size: 189 Acres
      • Features: Agricultural
      Details
      • Additional structures: Barn(s), Shed(s)
      • Parcel number: 067061031
      • Zoning: ag
      • Special conditions: Standard
      • Horse amenities: Riding Trail

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Drywall
      • Foundation: None
      • Roof: Metal,Wood
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Electric: Standard
      • Sewer: Septic Type Unknown
      • Water: Private
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      Community
      • Features: Biking, Hiking, Horse Trails, Stable(s), Hunting, Mountainous
      Location
      • Region: San Luis Obispo

      Financial & listing details

      • Price per square foot: $1,438/sqft
      • Date on market: 3/24/2025
      • Cumulative days on market: 498 days
      • Listing terms: Conventional
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,584/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$3,450,000$1,438/sqft
        Source: CRMLS #SC25063085 Report a problem
        4/28/2026Contingent$3,450,000$1,438/sqft
        Source: CRMLS #SC25063085 Report a problem
        4/28/2026Pending sale$3,450,000$1,438/sqft
        Source: MetroList Services of CA #225035124 Report a problem
        11/1/2025Price change$3,450,000-13.6%$1,438/sqft
        Source: MetroList Services of CA #225035124 Report a problem
        8/8/2025Price change$3,995,000-4.9%$1,665/sqft
        Source: MetroList Services of CA #225035124 Report a problem
        3/24/2025Listed for sale$4,200,000+23.5%$1,750/sqft
        Source: CRMLS #SC25063085 Report a problem
        5/18/2009Listing removed$3,400,000$1,417/sqft
        Source: Listhub #150507 Report a problem
        3/1/2009Listed for sale$3,400,000$1,417/sqft
        Source: Listhub #150507 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 93405

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: San Luis Obispo

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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