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Sold for $3,400,000
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  • Listed by: Central Coast Sotheby's International Realty • Chris Richardson • Contact: 805-781-6040
    Bought with: BHGRE HAVEN PROPERTIES
    $3,400,000

    1516 Broad St, San Luis Obispo, CA 93401

    4beds
    3,211sqft
    Single Family Residence
    Built in 1890
    7,315 Square Feet Lot
    $3,498,900 Zestimate®
    $1,059/sqft
    $7,945 Estimated rent

    Home value

    $3,498,900

    $3.18M - $3.85M

    $7,945/mo

    Zestimate® history
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    What's special

    Finished two-car garageGourmet kitchenVintage-style hardwarePrivate-gated drivewaySoapstone countertopsStunning subway tile backsplashProfessionally landscaped grounds
    This meticulously restored Victorian masterpiece is perfectly situated just two blocks from the vibrant Downtown San Luis Obispo. The main residence features two bedrooms, three luxurious bathrooms, a cozy sitting room with sweeping views of downtown and San Luis Mountain, and a breathtaking library—all adorned with exquisite luxury finishes. Step inside to discover rich solid black walnut hardwood flooring, custom-designed wainscoting, and vintage 1920s light fixtures that have been lovingly restored to their former glory. The attention to detail extends to vintage-style hardware and period-correct handcrafted shutters, adding a touch of timeless elegance to every room. The gourmet kitchen is a chef's dream, boasting soapstone countertops, premium Subzero, Wolf, and Bosch stainless steel appliances, a marble-topped center island with bar seating, custom cabinetry and shelving, and a stunning subway tile backsplash. The property also includes a charming second home with two bedrooms, a full bathroom, a fully equipped kitchen, a welcoming living room, and an outdoor balcony. Additionally, there are separate guest quarters complete with a full bathroom, kitchenette, and laundry facilities. Outside, the private-gated driveway is lined with pavers imported from Belgium, leading to professionally landscaped grounds featuring a lush backyard lawn and a finished two-car garage. Located just moments from Downtown San Luis Obispo, this home offers unparalleled access to local restaurants, scenic hiking trails, and world-renowned wineries, bringing the best of the Central Coast right to your doorstep.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Richardson DRE #01200458 805-801-9091,

    Central Coast Sotheby's International Realty,

    Kristen Gentry DRE #01968754 805-781-6040,

    Central Coast Sotheby's International Realty

    Bought with:

    Misty Perhach, DRE #02026956

    BHGRE HAVEN PROPERTIES

    Source: CRMLS,MLS#: SC24180329MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 3
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Foyer, Library, Living Room, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Dual Sinks, Stone Counters, Remodeled, Soaking Tub, Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Remodeled, Updated Kitchen
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: 6 Burner Stove, Convection Oven, Double Oven, Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Purifier
    • Laundry: Laundry Room, Upper Level
    Features
    • Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Coffered Ceiling(s), Separate/Formal Dining Room, Paneling/Wainscoting, Stone Counters, Wired for Data, Wired for Sound, All Bedrooms Up, Entrance Foyer, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Stone, Wood
    • Doors: French Doors
    • Windows: Bay Window(s), Custom Covering(s), Double Pane Windows, Stained Glass, Shutters
    • Has fireplace: Yes
    • Fireplace features: Dining Room, Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,211 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway Level, Driveway, Garage, Paved
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front of home
    • Patio & porch: Deck
    • Pool features: None
    • Spa features: None
    • Fencing: Excellent Condition,Wood,Wrought Iron
    • Has view: Yes
    • View description: Hills, Mountain(s), Neighborhood
    Lot
    • Size: 7,315 Square Feet
    • Features: Back Yard, Front Yard, Street Level, Yard
    Details
    • Additional structures: Guest House Detached
    • Parcel number: 003534003
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    Materials
    • Plaster, Wood Siding
    • Foundation: Raised
    • Roof: Tile
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: Electricity - On Property, 220 Volts in Laundry, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Suburban, Sidewalks
    • Security: Security System, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
    • Subdivision: San Luis Obispo(380)
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $1,059/sqft
    • Tax assessed value: $1,147,164
    • Annual tax amount: $12,644
    • Date on market: 8/30/2024
    • Cumulative days on market: 148 days
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/11/2025Sold$3,400,000-8.1%$1,059/sqft
    Source: CRMLS #SC24180329 Report a problem
    2/25/2025Pending sale$3,700,000$1,152/sqft
    Source: CRMLS #SC24180329 Report a problem
    1/27/2025Contingent$3,700,000$1,152/sqft
    Source: CRMLS #SC24180329 Report a problem
    8/30/2024Listed for sale$3,700,000+6%$1,152/sqft
    Source: CRMLS #SC24180329 Report a problem
    1/1/2020Listing removed$3,490,000$1,087/sqft
    Source: Richardson Prop. Christie's In #PI19101878 Report a problem
    8/27/2019Price change$3,490,000-10.5%$1,087/sqft
    Source: Richardson Prop. Christie's In #PI19101878 Report a problem
    5/3/2019Listed for sale$3,900,000+370.4%$1,215/sqft
    Source: Richardson Prop. Christie's In #PI19101878 Report a problem
    3/26/2013Listing removed$829,000$258/sqft
    Source: San Luis Obispo Realty #192919 Report a problem
    2/23/2013Price change$829,000-2.4%$258/sqft
    Source: San Luis Obispo Realty #192919 Report a problem
    1/29/2013Listed for sale$849,000+135.8%$264/sqft
    Source: San Luis Obispo Realty #192919 Report a problem
    7/30/1999Sold$360,000$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,644 +1.7%$1,147,164 +2%
    2024$12,429 +1.8%$1,124,671 +2%
    2023$12,205 +6.7%$1,102,620 +2%
    2022$11,440 +1.6%$1,081,001 +2%
    2021$11,258 +1%$1,059,806 +1%
    2020$11,142 +1%$1,048,940 +2%
    2019$11,027 +12.9%$1,028,374 +12.9%
    2018$9,770 +5%$911,152 +5%
    2017$9,301 +2%$867,396 +2%
    2016$9,118 $850,390 +1.5%
    2015$9,118 +10.6%$837,617 +2%
    2014$8,245 $821,211 +86.4%
    2012-- $440,506 +2%
    2011-- $431,870 +0.8%
    2010-- $428,644 -0.2%
    2009-- $429,664 +2%
    2008-- $421,240 +2%
    2007-- $412,982 +2%
    2006-- $404,886 +2%
    2005-- $396,948 +2%
    2004-- $389,166 +1.9%
    2003-- $382,034 +2%
    2002-- $374,544 +2%
    2001-- $367,200
    Find assessor info on the county website

    Neighborhood: 93401

    Nearby schools

    GreatSchools rating
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