$874,900

1961 Devaul Ranch Dr San Luis Obispo, CA 93405

$10,000
Closing credit¹
3 beds
3 full
1,938 sqft
0.09 acres
$451 / sqft
House

Property details

About 1961 Devaul Ranch Dr

Recently renovated/updated home in the heart of San Luis Obispo! This property has been thoughtfully updated to showcase modern living while maintaining its charm. The current owner receives $5,200 per month in rental income. This home offers impressive value and investment potential and also a great home for owner occupants. The property features 3 spacious bedrooms, plus an additional bonus room upstairs, providing ample living space for families or guests. The downstairs includes a large bedroom and a full shower bathroom, ideal for visitors or multi-generational living. Upstairs, you’ll find a versatile living area, two more roomy bedrooms,a bonus room, and an expansive master suite complete with a private, luxurious bathroom. This home’s oversized two-car garage ensures you have plenty of room for storage and parking needs. Conveniently located just minutes from Cal Poly, vibrant shopping centers like Costco and Laguna Lake, as well as restaurants, hiking trails, a dog park, and the coastal beauty of nearby beaches, this property perfectly combines lifestyle and location. With a modest HOA fee of $166 per month covering essential maintenance, this move-in-ready home is a true San Luis Obispo gem.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,938 sqft
Lot size0.0891 Acres
Year built2003
ParkingConcrete, Driveway, Garage, Garage Faces Side
MLS #PI25076799
Garage2 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
  • Interior: High Ceilings, Unfurnished, Bedroom on Main Level, Walk-In Closet(s)
  • Fireplace: None
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: Concrete, Driveway, Garage, Garage Faces Side
  • Heating: Forced Air
  • Cooling: None
  • List Price: $874,900
  • Price/SqFt: $451
  • HOA Amount: $166
  • HOA Frequency: Monthly
  • Annual Tax Amount: $8,789
  • Tax Year: 2024
  • Lot: Lawn, Rectangular Lot, Sprinklers
  • Directions: Exit Madonna Rd, Turn right on Devaul Ranch Rd, 1961 Devaul Ranch Rd on the left.
  • Year Built: 2003
  • Stories: 2
  • Living Area: 1,938 SqFt
  • Lot Size: 0.0891 Acres
  • MLS Number: PI25076799
  • MLS Name: CRMLS
  • Office Name: Invest SLO
  • Office Phone: (805) 709-7143
  • Listing Agent: Abel Contreras

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: 4/29/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with stone siding, driveway, a chimney, and stucco siding

$874,900

1961 Devaul Ranch Dr

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 15, 2024
Home Sold
$775,000
Jul 16, 2004
Home Sold
$582,000
Aug 28, 2003
Home Sold
$456,000

Tax history

YearAssessmentProperty Tax
2024$795,334$8,789
2023$779,740$8,630
2022$764,452$8,089
2021$675,000$7,170
2020$655,000$6,957
2019$655,000$7,023
2018$655,000$7,023
2017$600,000$6,433

History based on county public records data.

Nearby schools

6

C.L. Smith Elementary School

Public District KG-6

0.6 mi

1375 Balboa St

5

Hawthorne Elementary School

Public District KG-6

2.2 mi

2125 Story St

7

Sinsheimer Elementary School

Public District KG-6

2.9 mi

2755 Augusta 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 $42,222. Residents of San Luis Obispo, CA typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
36%
35k-100k
15%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
9%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
43%
18-34 yrs old
29%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Symphony or OperaSymphony or Opera
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 1961 Devaul Ranch Dr

The listing price of 1961 Devaul Ranch Dr property is $874,900.

The property 1961 Devaul Ranch Dr is a house located in San Luis Obispo, California, 93405.

Active Listing: 1961 Devaul Ranch Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1961 Devaul Ranch Dr are: C.L. Smith Elementary School (GreatSchools Rating 6/10), Hawthorne Elementary School (GreatSchools Rating 5/10), Sinsheimer Elementary School (GreatSchools Rating 7/10), Laguna Middle School (GreatSchools Rating 7/10), Teach Elementary School (GreatSchools Rating 9/10), Judkins Middle School (GreatSchools Rating 5/10), Pacific Beach High School (GreatSchools Rating 3/10), San Luis Obispo High School (GreatSchools Rating 9/10), Grizzly Challenge Charter (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $8,789 (source: MLS/based on county public records data).

The last sale was on April 15, 2024 for $775,000 (source: MLS/tax record).

The property at 1961 Devaul Ranch Dr has 3 bedrooms and 3 bathrooms.

The property 1961 Devaul Ranch Dr is 1,938 SqFt (source: MLS/tax record).

The year of construction for 1961 Devaul Ranch Dr is 2003.

This home is located at 1961 Devaul Ranch Dr in San Luis Obispo, CA and zip code 93405. This 1,938 square foot home, which was built in 2003, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $874,900.

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. Between February and March 2025, San Luis Obispo, CA real estate market has seen decrease in the number of listings by 0.7%. While the average time on the market in March 2025 was 33 days, the median list price was $1,040,000.

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

More resources