$4,200,000

1498 Oconnor Way San Luis Obispo, CA 93405

4 beds
2 full, 1 partial
2,400 sqft
189.0 acres
$1,750 / sqft
House

Property details

About 1498 Oconnor Way

Nestled in the heart of San Luis Obispo, California, the Historic O’Connor Ranch is a distinguished property that offers a unique blend of historical significance and modern amenities. Once part of the esteemed O'Connor Ranch, founded in the 19th century, this estate carries a legacy of ranching excellence. The original headquarters of the O'Connor Ranch is featured in Myron Angel's "History of San Luis Obispo County," highlighting its historical importance. The expansive 189-acre property offers breathtaking views, including a portion of Cerro Romualdo, one of the renowned "Seven Sisters" of San Luis Obispo. The estate comprises residences, barns, and various outbuildings, providing ample space for diverse living arrangements and agricultural pursuits. The main residence exudes historic charm and warmth. Additional structures include a second farmhouse, a bunkhouse, a rustic wood cabin, two barns, and a structure that could easily be converted into a 12 stall barn and horse facility complete with a one-acre arena, catering to equestrian enthusiasts and those seeking a serene rural lifestyle. The property is currently being used for cattle grazing and in combination with the dwellings provides multiple income streams. This property presents a rare opportunity to own a piece of San Luis Obispo's rich history while enjoying the comforts of modern living amidst picturesque surroundings. Centrally located ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and popular Morro Bay. Being 3 hours from the Bay Area and Los Angeles and only 2 hours from Bakersfield, the property offers the perfect weekend getaway or family compound. Please call us to set up a tour.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingNone, Zoned
Size2,400 sqft
Lot size189 Acres
Year built1930
ParkingGravel
MLS #SC25063085
Garage1 space
FireplaceLiving Room
ViewBluff, Canyon, Mountain(s)

Summary

  • MLS Number: SC25063085
  • MLS Name: CRMLS
  • Office Name: California Outdoor Properties, Inc.
  • Office Phone: (650) 722-0361
  • Listing Agent: Rea Callender

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,200,000

1498 Oconnor Way

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Price information

Property sales

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Tax history

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Nearby schools

6

Bishop's Peak Elementary School

Public District KG-6

3.1 mi

451 Jaycee Dr

5

Pacheco Elementary School

Public District KG-6

3.7 mi

261 Cuesta Dr

6

C.L. Smith Elementary School

Public District KG-6

4.4 mi

1375 Balboa St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $202,772. The most common annual income of people living in San Luis Obispo, CA is $200k+. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

0%
<35k
14%
35k-100k
3%
100k-200k
83%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
20%
12-17 yrs old
52%
18-34 yrs old
25%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cracker BarrelCracker Barrel
  • Boston MarketBoston Market

What do the neighbors drive?

  • PontiacPontiac
  • LexusLexus
  • VolvoVolvo

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • OldiesOldies
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Frequently asked questions

About 1498 Oconnor Way

This home is located at 1498 Oconnor Way in San Luis Obispo, CA and zip code 93405. This 2,400 square foot home, which was built in 1930, sits on a 189.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $4,200,000.

Over 12 listings were sold over their listed price in March 2025 in San Luis Obispo, CA. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in San Luis Obispo, CA decreased by 0.7% between February and March 2025. In March 2025 median list price was $1,040,000 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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