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Sold for $1,775,000
  • Listed by: Compass • Stephanie Ronca • Contact: 805-550-5344
    Bought with: Compass
    $1,775,000

    225 Oconnor Way, San Luis Obispo, CA 93405

    3beds
    1,924sqft
    Single Family Residence
    Built in 1959
    30.83 Acres Lot
    $1,702,700 Zestimate®
    $923/sqft
    $4,462 Estimated rent

    Home value

    $1,702,700

    $1.53M - $1.91M

    $4,462/mo

    Zestimate® history
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    What's special

    Horse runsDelightful single-level farmhouseWood-burning fireplaceCharming farmhouseHorse barnTack roomPrivate wells
    Welcome to 225 O'Connor Way, a captivating country property bursting with untapped potential in the heart of San Luis Obispo. This property offers two parcels and a prime location that's perfect for animal or horse enthusiasts, with ample space to build your dream home and/or expand off of the current farmhouse. The first parcel, spanning 7.8 acres features a delightful single-level farmhouse with a horse barn, pastures, animal enclosures, private wells, and water storage tank. The neighboring parcel two, a 23.03-acre expanse and currently utilized for cattle grazing, is zoned for a new owner to build a single-family home with guest house or ADU. In total, this property offers 30.83 fenced acres, allowing you to create your ideal coastal Californian ranchette, all just minutes from downtown San Luis Obispo and Highway 101. Step inside the charming farmhouse situated on parcel one with 7.8 acres, where you'll find 3 bedrooms, 2 bathrooms, informal and formal living rooms, a wood-burning fireplace, laundry room, enclosed patio with BBQ, a 2-car attached garage, and a detached studio building that's perfect for an art studio or home office space. Almost every room offers impressive views of the surrounding hillsides and the iconic "Seven Sister" peaks. This home is ready for a new owner to renovate and add their personal touches! Outside, the property boasts grassy lawns, lush landscaping, and nearby animal enclosures perfect for 4-H animals or horses. The cinder block barn features four horse runs off of the barn, three animal/horse stall enclosures, tack room, and hay storage area. On each side of the barn there are two pens, and one additional pen located next to the house. This area of the property also includes a working cattle squeeze shoot and two long pasture runs. Whether you're seeking a tranquil escape or envisioning your own agricultural haven, this property has it all. Don't miss this rare chance to own a quintessential ranchette on the Central Coast! If you're looking for more space or privacy, the neighboring 98.97-acre vacant land parcel (APN 067-061-057) with an entrance on Los Osos Valley Road is currently for sale and available to purchase with this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Ronca DRE #01970051 805-550-5344,

    Compass,

    Tracy Ronca DRE #01745499 805-441-6883,

    Compass

    Bought with:

    Stephanie Ronca, DRE #01970051

    Compass

    Tracy Ronca, DRE #01745499

    Compass

    Source: CRMLS,MLS#: SC24139113MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Entry/Foyer, Great Room, Kitchen, Laundry, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Primary Suite
    Heating
    • Electric, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Electric Cooktop, Electric Oven, Refrigerator
    • Laundry: Inside
    Features
    • Built-in Features, Primary Suite
    • Windows: Drapes
    • Has fireplace: Yes
    • Fireplace features: Living Room, Outside, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,924 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Concrete, Enclosed
    • Exterior features: Barbecue
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Hills, Mountain(s), Panoramic, Pasture
    Lot
    • Size: 30.83 Acres
    • Features: Agricultural, Front Yard, Horse Property, Lawn, Pasture, Ranch
    Details
    • Additional structures: Barn(s), Outbuilding, Shed(s), Storage
    • Additional parcels included: 067061058
    • Parcel number: 067061053
    • Special conditions: Trust
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Raised
    Condition
    • Fixer
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Foothills, Rural
    • Security: Closed Circuit Camera(s)
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $923/sqft
    • Tax assessed value: $1,200,000
    • Annual tax amount: $13,227
    • Date on market: 7/29/2024
    • Cumulative days on market: 23 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    12/9/2024Sold$1,775,000-6.3%$923/sqft
    Source: CRMLS #SC24139113 Report a problem
    8/21/2024Contingent$1,895,000$985/sqft
    Source: CRMLS #SC24139113 Report a problem
    7/29/2024Price change$1,895,000-50.8%$985/sqft
    Source: CRMLS #SC24139113 Report a problem
    7/14/2023Pending sale$3,850,000$2,001/sqft
    Source: CRMLS #PI23008724 Report a problem
    1/26/2023Listed for sale$3,850,000$2,001/sqft
    Source: CRMLS #PI23008724 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,227 +588.4%$1,200,000 +590.2%
    2024$1,921 +1.8%$173,858 +2%
    2023$1,887 +6.7%$170,450 +2%
    2022$1,768 +1.6%$167,109 +2%
    2021$1,740 +1%$163,833 +1%
    2020$1,722 +5.7%$162,154 +2%
    2019$1,630 +2.1%$158,975 +2%
    2018$1,596 +2.1%$155,859 +2%
    2017$1,563 +2.1%$152,804 +2%
    2016$1,531 $149,809 +1.5%
    2015$1,531 +10.8%$147,560 +2%
    2014$1,382 $144,671 +2.5%
    2012-- $141,195 +2%
    2011-- $138,427 +0.8%
    2010-- $137,393 -0.2%
    2009-- $137,720 +2%
    2008-- $135,020 +2%
    2007-- $132,373 +2%
    2006-- $129,779 +2%
    2005-- $127,235 +2%
    2004-- $124,741 +1.9%
    2003-- $122,455 +2%
    2002-- $120,054 +2%
    2001-- $117,701
    Find assessor info on the county website

    Neighborhood: 93405

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