
San Luis Obispo, California 93405
This Mediterranean Luxury Estate is a Prime Investment Opportunity listed at $2,800,000—positioned well below the $2,881,647 Fair Market Value by 2%. This valuation provides $81,647 in Instant Equity for a property in Good Condition. Featuring panoramic views of Bishop Peak and a versatile multi-generational suite with a separate entrance, the home offers a refined lifestyle within the San Luis Coastal Unified district. This turnkey residence is an exceptional acquisition for luxury-seeking families or multi-generational households prioritizing privacy and cinematic Central Coast vistas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1675 Nasella Lane Subject | $2,675,000* List Price | 4 | 5 | 4,108 | $668 | - |
A 440 Slender Rock Place Active | $2,495,000 List Price | 5 | 4 | 3,780 | $660 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this Mediterranean estate is in move-in ready condition and fits the 10-20 year age bracket for a 'good' rating. The home features high-quality finishes such as hickory wood flooring, a spacious kitchen with stainless steel appliances and a center island, and well-maintained ensuite bathrooms. While the architectural style and some fixtures reflect the original build date, the property shows minimal wear and tear and requires no immediate renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41382, living area = 4108.
The estate offers breathtaking, cinematic vistas of Bishop Peak and Cerro San Luis, providing a quintessential San Luis Obispo backdrop from nearly every vantage point.
A private upstairs suite featuring a separate entrance, wet bar, and balcony offers exceptional flexibility for guests, long-term visitors, or multi-generational living arrangements.
Set on nearly an acre of curated grounds, the property demands significant ongoing landscaping and exterior upkeep to maintain its premium Mediterranean aesthetic.
Despite the expansive lot size and luxury price point, the lack of a swimming pool may be a drawback for buyers expecting a full resort-style outdoor experience.
Set within the coveted Valle Vista Ranch community, this extraordinary Mediterranean-style estate captures the essence of Central Coast living with sweeping, cinematic views of Bishop Peak, Cerro San Luis, and the rolling hills that define San Luis Obispo. From the moment you arrive, the beautifully landscaped approach, lush lawns, and charming portico set a tone of timeless elegance, welcoming you into a residence where every detail has been thoughtfully curated. The grand foyer opens to a stunning office space with soaring ceilings and picturesque vistas. Designed for both refined entertaining and everyday comfort, the home features rich hickory wood and tile flooring throughout. A formal dining room, illuminated by a striking chandelier, is complemented by a stylish dry bar with wine storage and positioned perfectly to take in patio access and breathtaking views. The living room blends warmth and grandeur with a cozy fireplace and seamless connection to the expansive kitchen with abundant cabinetry, a spacious center island, stainless steel appliances, and a walk-in pantry create a true culinary haven. Luxury continues with four spacious bedrooms, each with its own ensuite bath. The downstairs primary suite is serene, featuring French doors to a private stone patio, a spa-inspired bath with a jetted soaking tub, dual vanities, dedicated makeup counter, walk-in tile shower, private water closet, and generous walk-in closet. Additional accommodations are equally impressive. One bedroom boasts its own sitting room with a dry bar, microwave, and refrigerator, while another offers a beautifully functional ensuite. A well-equipped laundry center with utility sink, ample storage, and a convenient half bath complete the lower level. Upstairs, a truly exceptional private suite offers flexibility for guests, multi-generational living, or a luxurious retreat. With both interior access and a separate entrance from the stunning balcony, this space showcases panoramic views of the surrounding peaks and hills. Boasting a spacious sitting area, wet bar with refrigerator, spa-like ensuite bath with copper fixtures, dual vanities, a wet room with soaking tub overlooking the scenery, and not one, but two, walk-in closets. An attached two-car garage and single-car garage completes the home. Set on nearly an acre of beautifully curated grounds and coveted cul-de-sac. A home of this caliber is more than a place to live, it’s an experience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 94% |
| Square foot | 4,108 | 1,912 | 91% |
| Lot Size | 41,382 | 6,706.5 | 91% |
| Price | $2.67M | $1.27M | 91% |
| Price per sq ft | $651 | $690 | 44% |
| Built year | 2006 | 1979 | 87% |
| HOA | $110.0 | $0 | 87% |
| Days on market | 36 | 140 | 4% |
Apr 16, 2026
$2,675,000
$2,800,000
-4% Price Drop
Initial Listing
Mar 17, 2026
$2,800,000
Initial Listing
Jan 30, 2009
$1,000,000
Public Record
Apr 26, 2006
$1,767,500
Public Record