
San Luis Obispo, California 93401
This Sustainable Country Estate is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,167,037 Fair Market Value by 7%. This valuation gap offers $172,037 in Instant Equity for the buyer. Featuring a 3-acre lot, detached double studio, and private well, the property maintains a Condition Rating of 3. With its scenic canyon views and hobby farm infrastructure, this residence is an ideal acquisition for Owner-Occupants seeking a self-sufficient lifestyle or lifestyle-focused investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 385 Squire Canyon Subject | $1,995,000* List Price | 4 | 3 | 2,739 | $791 | - |
A 337 Squire Canyon Road Sold | $1,775,000 | 4 | 4 | 2,100 | $845 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999, the property is well-maintained and move-in ready. It features a new roof (2021), updated interior paint, and high-quality hardwood flooring. While the structure is 25 years old, the systems and finishes appear functional and refreshed, exceeding the 'Fair' criteria due to the recent capital improvements and overall mint maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 135472, living area = 2739.
The property includes a detached double studio, providing exceptional flexibility for a home office, guest quarters, or potential rental income opportunities.
Equipped with a strong-producing private well, greenhouse, animal stable, and chicken coop, the estate is perfectly set up for self-sufficient living and hobby farming.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The expansive 3-acre lot, featuring a creek, woodland habitat, and multiple outbuildings, will require significant time and financial investment for ongoing upkeep.
Dependence on a private well for water may be a concern for buyers accustomed to municipal services, particularly regarding long-term management in California's climate.
Welcome to your private country retreat, where natural beauty, modern comforts, and self-sufficient living come together on a truly special property only 10 minutes from downtown San Luis Obispo and nearby beaches. This 3-acre gated property features a beautifully maintained 4-bedroom, 3-bathroom home in a peaceful setting surrounded by nature. The property also includes a detached double studio, offering flexible space for guests, a home office, creativity, or income potential. Outdoor amenities are designed for both relaxation and entertaining, with a sauna, hot tub, outdoor shower, and a beautiful wood-fired pizza oven. Nature surrounds you with a seasonal creek and waterfall, private hiking trails winding through a majestic oak woodland habitat, and an abundance of established fruit trees and flourishing gardens. A greenhouse, utility sheds, animal stable, and chicken coop make this an ideal property for hobby farming, gardening, and embracing a sustainable lifestyle. Additional features include a strong-producing private well, a new roof installed in 2021, and a unique opportunity to experience privacy and convenience with easy access to shopping, dining, schools, and coastal recreation. Truly a one-of-a-kind property offering expansive space, versatility, and a tranquil lifestyle in the highly sought after Squire Canyon neighborhood of San Luis Obispo.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,739 | 1,846 |
| Lot Size | 135,472 | 5,168 |
| Price | $2.00M | $1.23M |
| Price per sq ft | $728 | $655 |
| Built year | 1999 | 1989 |
| HOA | $0 | $116 |
| Days on market | 12 | 48 |
Jul 10, 2026
$1,995,000
Initial Listing
Aug 17, 2018
$1,185,000
Public Record
Jul 3, 1996
$125,000
Public Record