For Sale
No HOANo HOA
Single family home for sale at 1498 O'connor Way, San Luis Obispo, CA 93405 | MLS# SC25063085 | Listing updated on 2026-05-22
Photo 1 of Single family home for sale at 1498 O'connor Way, San Luis Obispo, CA 93405 | MLS# SC25063085 | Listing updated on 2026-05-22
Photo 2 of Single family home for sale at 1498 O'connor Way, San Luis Obispo, CA 93405 | MLS# SC25063085 | Listing updated on 2026-05-22
Photo 3 of Single family home for sale at 1498 O'connor Way, San Luis Obispo, CA 93405 | MLS# SC25063085 | Listing updated on 2026-05-22
Photo 4 of Single family home for sale at 1498 O'connor Way, San Luis Obispo, CA 93405 | MLS# SC25063085 | Listing updated on 2026-05-22
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Listed by: Rea Callender (650) 722-0361 DRE #02088082 | California Outdoor Properties, Inc. (707) 455-4444

$3,450,000

Monthly Est:$17,172

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,400sqft

1498 O'connor Way, San Luis Obispo, CA 93405

$17,172/moEst:

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  • Single Family Residence

  • Built in 1930

  • $-- HOA

  • 189 acres lot

  • $1,438/sq.ft

Description

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 outbuil
dings, 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.

  • Houzeo last checked: 12 minutes ago
  • Listing updated: May 22, 2026 at 8:36 pm
  • Source: California Regional MLS-CA | MLS#: SC25063085 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    San Luis Obispo County

  • City

    San Luis Obispo

  • Neighborhood

    --

  • Year Built

    1930

  • HOA Fees

    -

  • Finished Area

    2,400 sqft

  • Lot Size

    189 acres lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    SC25063085

  • MLS Status

    Active

  • Days on Market

    592

  • Cumulative Days on Market

    424

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Heating

    Central

  • Interior Features

    Breakfast Bar, Separate Formal Dining Room, Eat In Kitchen, High Ceilings, Multiple Staircases, Pantry, Unfurnished, French Doors Atrium Doors, Utility Room

  • Appliances

    Double Oven, Electric Cooktop, Electric Oven, Electric Range, Freezer, Disposal, Refrigerator

  • Cooling

    None, Zoned

  • Sewer

    Septic Type Unknown

  • Window Features

    Bay Windows, Drapes

Construction

  • Year Built

    Year Built: 1930

  • Home type

    Single Family Residence

  • Foundation Details

    None

  • Roof

    Metal, Wood

  • Construction Materials

    Drywall

  • Architectural Style

    Colonial

Utilities & Energy

  • Parking Features

    Gravel

  • Utilities

    Electricity Available, Water Available

  • Pool Features

    None

  • Laundry Features

    Common Area

  • Fireplace Features

    Living Room

  • Electric

    Standard

  • Water Source

    Private

Other Features

  • Community Features

    Biking, Hiking, Horse Trails, Stables, Hunting, Mountainous

  • Lot Features

    Agricultural

  • Patio And Porch Features

    None

Price History

DateEventPrice

05/22/2026

Source: mls_logoCalifornia Regional MLS-CA #SC25063085

Listed for Sale

$3,450,000

$1,438/sqft

04/28/2026

Source: mls_logoCalifornia Regional MLS-CA #SC25063085

Contingent (Active Under Contract)

$3,450,000

$1,438/sqft

11/01/2025

Source: mls_logoCalifornia Regional MLS-CA #SC25063085

Price Decreased

$3,450,000 -13.64%

$1,438/sqft

03/24/2025

Source: mls_logoCalifornia Regional MLS-CA #SC25063085

Listed for Sale

$3,995,000 -4.88%

$1,665/sqft

03/24/2025

Source: mls_logoCalifornia Regional MLS-CA #SC25063085

Price Increased

$4,200,000 +6.33%

$1,750/sqft

Show more

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 06, 2026, 11:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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