1854 Sydney Street, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 5 bed, 8 bath
Loading property details...
San Luis Obispo, California 93401
Analysis of 1854 Sydney Street, San Luis Obispo, California 93401 is currently available with a list price of $3,185,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Luis Obispo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and benefits from significant recent updates including fresh interior and exterior paint, refinished hardwood floors, and new carpeting. While built in 1997, the home has been well-maintained with high-end features like a rebuilt grand staircase, owned solar, and an elevator. The kitchen and bathrooms, though featuring styles from the original build period, are in excellent functional condition with premium materials. It falls short of 'excellent' only because it lacks a full modern kitchen/bath remodel and the cooling system is 'infrastructure-ready' rather than fully installed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 239580, living area = 5351.
The property boasts breathtaking 180-degree views of San Luis Obispo and the surrounding foothills, situated on a privately gated five-acre estate that offers rare seclusion just minutes from downtown.
With over 5,000 square feet of living space, the home features five en-suite bedrooms, a dedicated guest suite with a full kitchen, and an elevator, making it ideal for multi-generational living or high-end hosting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =239580, other record lot size in square feet = 218235.
Although the home features A/C-ready infrastructure, the lack of a fully installed cooling system may be a drawback for buyers expecting immediate climate control at this price point.
The combination of a massive 5.5-acre lot, private well and septic systems, and a large pool/spa requires significant ongoing maintenance and operational oversight compared to standard residential properties.
Set on five private acres just minutes from downtown San Luis Obispo, this gated estate offers a rare combination of privacy, panoramic views, and convenience. Elevated above the city, the property captures sweeping vistas across San Luis Obispo and the surrounding foothills while remaining close to Edna Valley wine country, dining, shopping, and recreation. Designed to embrace its setting, the home is filled with natural light and oriented toward the views from nearly every major room. Cathedral ceilings, expansive windows, and multiple terraces create a seamless connection between indoor and outdoor living. The thoughtfully designed floor plan balances privacy, flexibility, and connection to the outdoors. The primary suite occupies its own wing of the home and features a dedicated study, dual-sided fireplace, walk-in closet, and flexible bonus room with direct outdoor access. Three additional bedroom suites each open to a balcony, terrace, or patio, while the separate guest suite features its own kitchen, full bath, private balcony, and wall of windows overlooking the surrounding landscape. Three fireplaces throughout the home add warmth and character, and elevator access provides convenient access between levels. The family room and kitchen flow naturally to the outdoor entertaining areas, where an outdoor kitchen, southwest-facing pool, and spa overlook rolling hills, open skies, and evening city lights. Mature trees and the property's elevated setting create a sense of seclusion that feels far removed from town, yet everyday conveniences remain just minutes away. Additional features include owned solar, central vacuum, RV hookups, automatic gated entry, fire sprinkler system, well, and a septic system with recent clearance. Few properties offer five private acres, panoramic views, and a location just minutes from downtown San Luis Obispo. 1854 Sydney presents a rare opportunity to enjoy the privacy and tranquility of a hillside estate without sacrificing convenient access to the amenities, recreation, dining, and wine country that define the Central Coast lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 8.0 | 3.0 |
| Square foot | 5,351 | 1,846 |
| Lot Size | 239,580 | 5,168 |
| Price | $3.19M | $1.23M |
| Price per sq ft | $595 | $655 |
| Built year | 1997 | 1989 |
| HOA | $0 | $116 |
| Days on market | 234 | 48 |
Jun 20, 2026
$3,185,000
$3,298,000
-3% Price Drop
Initial Listing
Feb 28, 2026
$3,298,000
Initial Listing
Dec 1, 2025
$3,400,000
Initial Listing