1498 O'connor Way , San Luis Obispo, CA 93405
$3,450,000
Est. Payment: $17,421.49/mo
4 Bed
2.5 Bath
2400 Sqft
Status: active | Days on site: 499
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House Description

Nestled in the heart of San Luis Obispo, California, the Historic OConnor 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

Highlights

Listed by Rea Callender , 650-722-0361 California Outdoor Properties, Inc. , 707-455-4444. San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
189

Year Built

1930

County

San Luis Obispo

Listing ID

SC25063085

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Disposal, Refrigerator, Double Oven, Electric Oven, Electric Range, Freezer
Air Cond:N/K,Zoned Area(s)
Fireplaces:FP in Living Room
Other:2 Staircases,Pantry,Unfurnished
Other:Private

Exterior Features

Garage Capacity:1
Zoning:ag
Roof:Metal,Wood
Sewer:Unknown
Principal Interest
$17,421
Taxes
$2,199

Home Price

$3,450,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$690,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,421.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,421.49 $2,199.38 $0.00 $19,620.86
Yearly $209,057.85 $26,392.50 $0.00 $235,450.35
Total $6,271,735.55 $791,775.00 $0.00 $7,063,510.55

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Luis Obispo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T22:38:39.000Z

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