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    1498 O'sconnor Way San Luis Obispo, CA 93405

    For Sale
    $3,450,000

    Farm/Estate - San Luis Obispo, CA

    Type:Farm
    Property size:
    2,400 SF
    Lot size:
    189.00 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 1498 O'sconnor Way

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Parking features
    Garage
    Size
    2,400 SF
    Lot size
    189.00 Acres

    Building Details

    Architectural style
    Other

    California Outdoor Properties (707) 455-4444

    Listing agent Rea Callender (707) 455-4444

    Listing date Nov 3, 2025

    MLS# 11556138 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Ranch Estate Near San Luis Obispo

    Located in San Luis Obispo, California, the historic property at 1498 O'Connor Way spans 189 acres. Once the headquarters of the O'Connor Ranch, founded in the 19th century, the property includes a portion of Cerro Romualdo. The estate features multiple residences, barns, and outbuildings. The main residence offers historic charm. Additional structures include a second farmhouse, a bunkhouse, and a rustic wood cabin. There are also two barns and a structure that could be converted into a 12-stall horse barn with a one-acre arena. The property is fenced for cattle and currently used for cattle grazing, providing income streams in combination with the dwellings. The location is ten minutes from downtown San Luis Obispo and 15 minutes from the ocean and Morro Bay.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.730683
    Latitude
    35.306175

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    FAQs

    What type of property is this?
    Farm - 189-acre ranch with residences, barns, and equestrian facilities.
    Where is this farm located?
    The property is located at 1498 O'sconnor Way San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: - Expansive 189+ acre property with breathtaking views, including a portion of Cerro Romualdo.; - Historic significance as part of the original O'Connor Ranch, featured in "History of San Luis Obispo County."; - Multiple residences including a main residence, second farmhouse, bunkhouse, and rustic wood cabin.
    (707) 455-4444
    Request Owner's contact information
    1498 O'sconnor Way San Luis Obispo, CA 93405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1498 O'sconnor Way San Luis Obispo, CA 93405
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