
San Luis Obispo, California 93401
Analysis of 2387 Carpenter Canyon, San Luis Obispo, California 93401 is currently available with a list price of $2,800,000. 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.
Built in 2005, this 19-year-old property is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the overall interior, including the bathrooms and flooring, shows pride of ownership with no immediate maintenance needs, fitting the 10-20 year age criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 871200, living area = 4923.
The property features a 4-bedroom main residence plus a separate 3-bedroom modular home, providing exceptional utility for multi-generational living, guest housing, or significant rental income potential.
Spanning 20 acres of rolling hills and majestic oaks, this estate offers rare privacy and a rural retreat atmosphere while remaining just minutes from downtown San Luis Obispo and local beaches.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871200, other record lot size in square feet = 779181. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4923, other record living area = 3371. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The secondary residence is a modular unit, which may be perceived as lower value by some luxury buyers and can occasionally involve different financing considerations compared to stick-built structures.
Managing 20 acres of hillside terrain and oak groves requires substantial ongoing effort and expense for fire brush clearance, landscaping, and general land stewardship.
Discover the perfect blend of privacy, space, & versatility on 20 acres nestled among the rolling hills and majestic oaks of Carpenter Canyon. Just minutes from downtown, this peaceful retreat offers the best of country living with convenient access to shopping, dining, wineries, and the central coast's beautiful beaches. The main residence features 4 bedrooms and 4 bathrooms, with lofted ceilings and granite counters, expansive living areas, abundant natural light, and picturesque views of the surrounding countryside. Designed for comfortable everyday living and effortless entertaining, the home offers generous indoor and outdoor spaces for gathering with family and friends. Adding to the property's exceptional versatility is a well-appointed 3-bedroom 2-bath modular residence, ideal for extended family, visitors, a caretaker, or potential rental income. A standout feature is the red barn, thoughtfully transformed into an inviting gathering space complete with a partial kitchen, creating the perfect setting for celebrations & holiday gatherings while preserving its rustic charm. Rarely does a property offer this combination of acreage, multiple residences, and entertaining spaces with a prime SLO location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,923 | 1,846 |
| Lot Size | 871,200 | 5,168 |
| Price | $2.80M | $1.23M |
| Price per sq ft | $569 | $655 |
| Built year | 2005 | 1989 |
| HOA | $0 | $116 |
| Days on market | 6 | 48 |
Jul 16, 2026
$2,800,000
Initial Listing
Jun 10, 2002
$380,000
Public Record
Feb 8, 2002
$380,000
Public Record