860 Skyline Drive, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 4 bath

860 Skyline Drive, San Luis Obispo, California 93405 home-pic-0

860 Skyline Drive

San Luis Obispo, California 93405

ACTIVE
CONDITION: GOOD
3Beds
4Baths
3,802Sq Ft
12,400Lot Size

Property Price

LIST PRICE$2,600,000
EST. MARKET VALUE
$2,600,000

SUMMARY

Analysis of 860 Skyline Drive, San Luis Obispo, California 93405 reveals a Fairly Priced Property with a current list price of $2,600,000  aligned with the estimated $2,600,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.

Estimated Market Value

$2,600,000
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and has been exceptionally well-maintained since its 1990 construction. The kitchen features high-end professional appliances, including a Sub-Zero refrigerator and a 6-burner Thermador range, which are paired with timeless custom cabinetry. The interior showcases high-quality finishes such as polished Saltillo tile, exposed wood beams, and a unique Zen-like atrium. With the addition of an owner-owned solar system and well-preserved spa-like bathrooms, the home functions at a high level despite not having a recent full-scale modern renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Architectural Character

    The property features timeless Montecito-inspired elegance with unique custom details, including a Zen-like atrium with a waterfall, exposed wood beams, and authentic Saltillo tile floors.

  • Sustainable Upgrades

    The inclusion of an owner-owned solar system provides a significant financial advantage by reducing utility costs and enhancing the home's overall energy efficiency.

  • Premium Culinary Suite

    The sun-filled kitchen is equipped with high-end professional appliances, including a Sub-Zero refrigerator and a 6-burner Thermador range, catering to serious home chefs.

CONSRISKS & DEFICIENCIES

  • Limited Bedroom Count

    At over 3,800 square feet, the home only offers three bedrooms, which may limit its appeal to larger families or buyers requiring more dedicated sleeping quarters.

  • Market Stagnation

    The recent price reduction from $2.7M to $2.6M and the extended time on the market suggest the property may be facing challenges with its initial valuation or niche architectural style.

About 860 Skyline Drive

Experience timeless Montecito-inspired elegance in this beautifully crafted custom home. From the moment you arrive, the home’s architectural character stands out. A private courtyard entrance, tall arched front door, and dramatic, playful entry sequence set the tone. Step inside and be greeted by a Zen-like atrium with a spectacular waterfall feature, creating an immediate sense of calm and sophistication. Throughout the home, high ceilings with exposed wood beams, smooth stucco walls, and polished Saltillo tile floors enhance the warm, authentic style. The luxurious primary wing offers exceptional privacy, beginning with a beautiful office featuring custom built-ins. The expansive primary suite includes a serene sitting area, fireplace, and spa-like full bathroom with two separate vanity areas. The two guest ensuites are thoughtfully designed at the opposite end of the home, ideal for privacy and comfort—one of which currently serves as a perfect den. The living room and formal dining room combine into one expansive, inviting space, centered around a striking fireplace flanked by French doors and large picture windows. The sun-filled kitchen is both stylish and functional, offering a large center island, Sub-Zero refrigerator, and 6-burner Thermador range. The adjoining breakfast area, complete with its own fireplace and French doors, opens to a lovely patio—perfect for morning coffee or relaxed al fresco dining. Enjoy lower utility costs with the home’s owner-owned solar system, a valuable upgrade that provides efficient, eco-friendly power. Rich architectural detail, elegant indoor–outdoor flow, and a uniquely serene atmosphere make this home a one-of-a-kind offering.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
12,400 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
80%
Square foot3,8022,148
92%
Lot Size12,4007,254
78%
Price$2.60M$1.23M
92%
Price per sq ft$684$632
55%
Built year19901977
76%
HOA$0$0
50%
Days on market103157
20%

Pricing History

Listed for Sale

Feb 26, 2026

$2,600,000

Initial Listing

Price Change

Nov 24, 2025

$2,700,000

Initial Listing

Sold

Jun 26, 1997

$560,000

Public Record

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