
San Luis Obispo, California 93405
Analysis of 250 Oconnor Way, San Luis Obispo, California 93405 is currently available with a list price of $2,999,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1987, the property has undergone a comprehensive high-end remodel within the last 5 years. The kitchen features professional-grade Viking appliances and modern finishes, while the bathrooms are fully updated with designer tiling and fixtures. The exterior shows a newer metal roof and solar panels, placing the home in mint, move-in-ready condition.
The property features a detached 2-bedroom guest unit and a unique custom treehouse with a bathroom, offering exceptional potential for rental income, multi-generational living, or a creative studio.
Situated on approximately 5 acres at the end of a semi-private street, the estate provides rare privacy, sweeping mountain views, and ample space for equestrian use or sustainable gardening.
A spacious detached four-car garage with a dedicated workshop area offers significant utility for car enthusiasts, collectors, or those requiring extensive functional storage.
The vast 5-acre lot and multiple detached structures will require substantial ongoing time and financial investment for landscaping and general property upkeep.
Despite the modern interior remodels, the 1987 original construction may involve aging core systems or utility infrastructure that could necessitate future capital improvements.
Welcome to a private gated estate set on five level acres just 3.5 miles from downtown San Luis Obispo—where refined living meets the natural beauty of the Central Coast. This exceptional property features two residences, anchored by a beautifully remodeled 4-bedroom, 3-bath main home designed for both comfort and entertaining. The open-concept layout is filled with natural light, with expansive windows framing sweeping Bishop Peak mountain views and the surrounding landscape. At the heart of the home, an oversized kitchen offers generous counter space and seamless flow into the dining and living areas, creating an inviting space for everyday living and gatherings alike. The primary suite provides a comfortable retreat, while additional bedrooms offer flexibility for guests, family, or a home office. A detached 2-bedroom, 1-bath guest residence with a full kitchen adds versatility—ideal for extended stays, multigenerational living, or potential income. Attached is a spacious four-car garage with a dedicated workshop, well-suited for collectors, hobbyists, or additional storage. One of the property’s most distinctive features is a custom-built treehouse, thoughtfully designed with its own bathroom—an inspiring space for a private office, studio, or elevated retreat. The grounds offer expansive usable acreage with open grass areas, a charming chicken coop, and ample room for recreation, gardening, or equestrian use. Solar with Tesla battery storage enhances efficiency and sustainability. A rare offering that combines privacy, scale, and versatility in one of San Luis Obispo’s most sought-after locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 86% |
| Baths | 5.0 | 3.0 | 94% |
| Square foot | 4,339 | 1,807 | 92% |
| Lot Size | 221,285 | 6,800 | 96% |
| Price | $3.00M | $1.26M | 92% |
| Price per sq ft | $691 | $715 | 43% |
| Built year | 1987 | 1976 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 116 | 4% |
Apr 30, 2026
$2,999,500
Initial Listing
Jun 19, 2015
$943,000
Public Record