
San Luis Obispo, California 93401
Analysis of 1854 Sydney Street, San Luis Obispo, California 93401 is currently available with a list price of $3,298,000. 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.
Panoramic 180° views over San Luis Obispo and the surrounding hills define this privately gated five-acre estate in the Sinsheimer foothills. Elevated above the city yet minutes from downtown, the view alone slows your pace and invites you to take it all in. Inside, over 5,000 square feet of light-filled living space was designed to frame the landscape at every opportunity. Cathedral ceilings, a rebuilt grand entry staircase, and expansive windows create architectural presence, while nearly every room opens directly to terraces, poolside spaces, or fresh air. Five en-suite bedrooms each offer outdoor access. The primary suite includes a dual-sided fireplace, walk-in closet, private study, and additional flex room. Multiple living areas and three fireplaces provide both gathering space and separation. A guest suite with full kitchen and an elevator from the three-car garage add everyday convenience. Fresh interior and exterior paint, refinished hardwood floors, new carpet, owned solar, RV hookups, A/C-ready infrastructure, and clean well and septic reports complete the offering. The southwest-facing pool and spa capture golden hour beautifully — whether hosting at sunset or unwinding under the city lights. A rare combination of privacy, scale, and proximity. Shown by appointment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 8.0 | 3.0 | 99% |
| Square foot | 5,351 | 1,811 | 97% |
| Lot Size | 239,580 | 6,000 | 98% |
| Price | $3.30M | $1.19M | 97% |
| Price per sq ft | $616 | $645 | 44% |
| Built year | 1997 | 2002 | 44% |
| HOA | $0 | $32 | 47% |
| Days on market | 142 | 188 | 36% |
Feb 28, 2026
$3,298,000
Initial Listing
Dec 1, 2025
$3,400,000
Initial Listing