1498 O'connor Way, San Luis Obispo, CA 93405

$3,450,000 Approx. USD 4 beds, 3 baths
2,400 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active Under Contract

MLS# SC25063085

List price is $3,450,000 Reduced by $545,000 on 11/2/2025

Price: $3,450,000

HOA Fee is $0.00

Beds: 4

Baths: 3 (2 full) (1 half)

Living Room fireplaces

Built in 1930

2,400 sqft

2 stories

189.00 acres

Lot size: 189.0000

County: San Luis Obispo

Property style: Colonial

Zoning: ag

Construction: Drywall

Interior features: Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Multiple Staircases,Pantry,Unfurnished,French Door(s)/Atrium Door(s),Utility Room

Appliances: Double Oven,Electric Cooktop,Electric Oven,Electric Range,Freezer,Disposal,Refrigerator

Parking description: Gravel

Lot description: Agricultural

Heating/cooling: None,Zoned

Heating description: Central

MLS area: 699 - Not Defined

Last Updated: 4/28/2026

Days On Market (DOM): 400

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Colonial.
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