
San Luis Obispo, California 93401
This Turnkey Historic Bungalow is a sophisticated sanctuary listed at $1,300,000, reflecting its premium Mint Condition Rating and meticulous modern transformation. While positioned near the $1,221,698 Fair Market Value, the price accounts for the high-end Designer Kitchen, Spa-like Bathroom, and rare Mountain Views. The 5,000 sqft R2 Lot offers unique expansion potential within the prestigious San Luis Coastal Unified district. This move-in-ready retreat is the perfect lifestyle home for Owner-Occupants or Lifestyle Buyers seeking luxury steps from downtown San Luis Obispo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1427 Beach Subject | $1,249,000* List Price | 2 | 1 | 780 | $1,509 | - |
A 785 Islay Active | $995,000 List Price | 2 | 1 | 853 | $1,166 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1927 cottage has undergone a complete modern transformation with a high-end remodel likely completed within the last 1-2 years. It features a showstopping designer kitchen with upgraded appliances, a fully renovated spa-like bathroom, and updated flooring and finishes throughout, meeting the criteria for mint condition with no maintenance required.
Situated just steps from downtown San Luis Obispo, this property offers unparalleled access to boutique shopping, acclaimed dining, and the iconic Thursday Night Farmers’ Market.
The 1927 cottage has been meticulously transformed with high-end designer finishes, a showstopping kitchen with upgraded appliances, and a spa-like renovated bathroom.
The spacious 5,000 sqft R2-zoned lot provides significant investment upside, offering ample room for a potential ADU, garden oasis, or property expansion.
The property was recently sold within the past year on 2025-06-27. The sold price is $675,000.00.
At only 780 square feet with a 2-bedroom, 1-bathroom configuration, the compact living space may be a constraint for buyers seeking more room or a second bathroom.
With a list price of $1.3 million, the property commands a significant premium per square foot, which may be a hurdle for value-conscious buyers or appraisal valuations.
Nestled in the heart of San Luis Obispo, this exquisitely remodeled 1927 cottage/bungalow has been lovingly brought back to life—where historic charm meets a bold, modern transformation. Every inch has been thoughtfully reimagined to honor its original character while elevating it for today’s lifestyle, creating a rare Central Coast retreat that feels both timeless and completely renewed. Step inside to find a showstopping remodeled kitchen, designed as the true heart of the home, featuring sleek cabinetry, designer finishes, and upgraded appliances that make cooking and entertaining effortless and inspiring. Two sun-drenched bedrooms offer warm, inviting escapes with flexible functionality, while the fully renovated bathroom delivers a spa-like experience with elegant tilework, modern fixtures, and a refined, contemporary aesthetic. The result is a home that doesn’t just look beautiful—it feels alive, welcoming, and ready for its next chapter. Step outside to a spacious R2 lot brimming with potential—envision a stunning ADU, a lush garden oasis, or a bespoke outdoor retreat perfect for entertaining under the California sun. The desirable zoning opens the door for a duplex, ADU, guest house, or future development opportunities. Whether hosting guests or creating a private escape, the possibilities are as inspiring as they are endless. Ideally located just steps from downtown San Luis Obispo, you’ll find yourself immersed in the area’s vibrant lifestyle—boutique shopping, acclaimed dining, local wineries, and the iconic Thursday Night Farmers’ Market all at your fingertips. And with some of California’s most breathtaking beaches just a short drive away, every day feels like a getaway. Whether you're seeking a refined primary residence, a sophisticated second home, or a high-demand investment opportunity, this exceptional property delivers the ultimate blend of luxury, location, and lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 780 | 1,834.5 | 2% |
| Lot Size | 5,000 | 5,735 | 43% |
| Price | $1.25M | $1.23M | 52% |
| Price per sq ft | $1.6K | $646 | 99% |
| Built year | 1927 | 2002 | 9% |
| HOA | $0 | $45 | 43% |
| Days on market | 33 | 142 | 4% |
May 22, 2026
$1,249,000
$1,300,000
-4% Price Drop
Initial Listing
May 4, 2026
$1,300,000
Initial Listing
Jun 27, 2025
$675,000
Public Record