Tucked away on a peaceful street in one of San Luis Obispo’s most charming neighborhoods, 418 Mitchell Drive is a 1930s Spanish-style cottage that captures the warmth and character of a bygone era. With three bedrooms and one bathroom, this home sits on a generous, versatile lot offering endless potential—whether you’re dreaming of an ADU, a lush garden retreat, or space to entertain under the Central Coast sky.
Inside, you’ll find beautiful Spanish-style details, including high, coved ceilings and a cozy living room with a fireplace that anchors the space. The dining room and kitchen flow easily, creating a welcoming layout full of charm and light.
Downstairs, you’ll find a spacious basement-level two-car garage, complete with the home’s original vintage garage doors and plenty of storage space—a rare and valuable feature in a home of this era. Out back, the large backyard features mature orange and lemon trees, and offers plenty of room to create your ideal outdoor space—from a garden or patio to a future ADU. This sweet home should not be missed
Just moments from downtown San Luis Obispo, parks, and amenities, this is a wonderful opportunity—whether you’re looking for a personal residence filled with character or a savvy investment property with room to grow.
This is more than just a house—it’s a place to come home to.
Sold for $975,000
Listed by: Stable Properties • Kelly Wood • Contact: 925-381-7172
Bought with: Compass
$975,000
418 Mitchell Dr, San Luis Obispo, CA 93401
3beds
1,163sqft
Single Family Residence
Built in 1932
7,150 Square Feet Lot
$991,400 Zestimate®
$838/sqft
$3,742 Estimated rent
Home value
$991,400
$902,000 - $1.09M
$3,742/mo
Zestimate® history
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List your homeWhat's special
Spanish-style cottageLarge backyardPeaceful streetBeautiful spanish-style detailsSpacious basement-level two-car garageWelcoming layoutVersatile lot
Zillow last checked:
Listing updated:
Listed by:
Kelly Wood DRE #01931711 925381-7172,
Stable Properties
Bought with:
Cheryl Medeiros, DRE #02187281
Compass
Summer Kabaker, DRE #01931668
Compass
Source: CRMLS,MLS#: NS25088281
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Low Flow Plumbing Fixtures, Tub Shower
Kitchen
- Features: Galley Kitchen
Kitchen
- Features: Kitchenette, Tile Counters
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Gas Range, Refrigerator, Water Heater
- Laundry: Laundry Closet, In Garage
Features
- Breakfast Area, Separate/Formal Dining Room, Tile Counters, Bedroom on Main Level, Galley Kitchen
- Flooring: Laminate, Wood
- Windows: Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,163 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, On Street
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Concrete, Front Porch, Patio
- Exterior features: Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Hills
Lot
- Size: 7,150 Square Feet
- Features: Sloped Down, Near Park
Details
- Parcel number: 004903015
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Raised
- Roof: Elastomeric,Tile
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Park
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $838/sqft
- Tax assessed value: $925,000
- Annual tax amount: $10,195
- Date on market: 4/25/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2025 | Sold | $975,000+11.4%$838/sqft |
Source:  CRMLS #NS25088281 Report a problem | ||
| 5/2/2025 | Pending sale | $875,000$752/sqft |
Source: CRMLS #NS25088281 Report a problem | ||
| 4/25/2025 | Listed for sale | $875,000$752/sqft |
Source: CRMLS #NS25088281 Report a problem | ||
| 2/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/19/2024 | Listed for rent | $3,200+12.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/11/2023 | Listed for rent | $2,850+14%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2020 | Listing removed | $2,500$2/sqft |
Source: Real Property Management Central Coast Report a problem | ||
| 2/4/2020 | Listed for rent | $2,500+2%$2/sqft |
Source: Real Property Management Central Coast Report a problem | ||
| 4/6/2019 | Listing removed | $2,450$2/sqft |
Source: Real Property Management Central Coast Report a problem | ||
| 3/26/2019 | Listed for rent | $2,450+2.1%$2/sqft |
Source: Real Property Management Central Coast Report a problem | ||
| 7/12/2018 | Listing removed | $2,400$2/sqft |
Source: RPM Central Coast Report a problem | ||
| 5/17/2018 | Listed for rent | $2,400$2/sqft |
Source: RPM Central Coast - Property # 548192 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,195 +1349.6% | $925,000 +1353.5% |
| 2024 | $703 +1.8% | $63,641 +2% |
| 2023 | $691 +6.7% | $62,394 +2% |
| 2022 | $647 +1.6% | $61,171 +2% |
| 2021 | $637 +1% | $59,973 +1% |
| 2020 | $631 +1% | $59,359 +2% |
| 2019 | $624 +2% | $58,196 +2% |
| 2018 | $612 +2% | $57,056 +2% |
| 2017 | $600 +2% | $55,938 +2% |
| 2016 | $588 | $54,842 +1.5% |
| 2015 | $588 +10.6% | $54,019 +2% |
| 2014 | $532 | $52,962 +2.5% |
| 2012 | -- | $51,690 +2% |
| 2011 | -- | $50,678 +0.8% |
| 2010 | -- | $50,300 -0.2% |
| 2009 | -- | $50,420 +2% |
| 2008 | -- | $49,433 +2% |
| 2007 | -- | $48,465 +2% |
| 2006 | -- | $47,515 +2% |
| 2005 | -- | $46,584 +2% |
| 2004 | -- | $45,672 +1.9% |
| 2003 | -- | $44,836 +2% |
| 2002 | -- | $43,958 +2% |
| 2001 | -- | $43,097 |
Find assessor info on the county website
Neighborhood: 93401
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Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: K-6Distance: 0.4 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 2.2 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 1.3 mi
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- California
- San Luis Obispo County
- San Luis Obispo
- 93401
- 418 Mitchell Dr
Nearby cities
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