4375 Rustic Way, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 4 bed, 4 bath
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San Luis Obispo, California 93401
Analysis of 4375 Rustic Way, San Luis Obispo, California 93401 is currently available with a list price of $3,490,000. 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 in move-in ready condition with significant updates that exceed its 1995 build date. The kitchen features modern stainless steel appliances and stone countertops, while the interior boasts updated flooring, recessed lighting, and well-maintained bathrooms. Major system upgrades, including owned solar and a brand-new high-output well, further support a high-quality rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 418176, living area = 2300.
Nearly 10 flat, usable acres in the heart of San Luis Obispo offer rare versatility for equestrian use, farming, or building a second residence.
The estate is exceptionally well-equipped with owned solar, a high-output 40 GPM well, a 1,500 sq. ft. detached garage, and full RV hookups with a separate septic system.
With a 2,300 sq. ft. main residence priced at $3.85M, the value is heavily weighted in the land, which may challenge buyers seeking more interior living space at this price point.
A significant price reduction of $650,000 from the original listing suggests the property may have faced challenges with initial market positioning or extended days on market.
A Fabulous Opportunity to Own a Slice of San Luis Obispo Paradise! Welcome to an extraordinary property offering nearly 10 flat, usable acres in the heart of beautiful San Luis Obispo—a truly rare find that blends country serenity with central convenience. Imagine living just minutes from breathtaking beaches, renowned wineries, and the vibrant charm of downtown SLO, all while enjoying the peaceful ambiance of your own private retreat. This stunning estate features a beautiful main residence with 4 bedrooms and 3.5 baths, including a spacious guest suite upstairs, perfect for extended family, guests, or a private home office. The property also boasts owned solar, a brand new well that pumps 40GPM, a massive 1,500 sq. ft. detached garage with bathroom, and room to create the lifestyle you’ve always dreamed of. There is also a 55" covered RV site with full hook-ups as well as a separate conventional septic system... The possibilities are endless, equestrian facilities, farming, additional space to build another home or simply wide-open space to roam and relax! Step outside and experience the magic of the picturesque outdoor living area, complete with a built-in BBQ and expansive deck—the perfect place to bask in the sun, sip morning coffee, or unwind with a glass of wine as you take in the surrounding beauty. This is more than just a home, it’s an amazing opportunity to own a piece of Central Coast paradise, where endless possibilities meet timeless California living. Don’t miss your chance, schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 2,300 | 1,811 | 73% |
| Lot Size | 418,176 | 6,000 | 98% |
| Price | $3.49M | $1.19M | 97% |
| Price per sq ft | $1.5K | $647 | 99% |
| Built year | 1995 | 2002 | 42% |
| HOA | $0 | $32 | 47% |
| Days on market | 162 | 188 | 38% |
Apr 4, 2026
$3,490,000
$3,850,000
-9% Price Drop
Initial Listing
Feb 26, 2026
$3,850,000
Initial Listing
Nov 11, 2025
$4,500,000
Initial Listing