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Investment Highlights

  • • 5 Residences
  • • Fenced for Cattle
  • • 12 Stall Horse Barn

Property Facts

Price $3,450,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Horse Stables
  • Agribusiness
  • Single Family Residence
Total Lot Size 189.70 AC
No. Stories 2
Zoning AG - Agriculture, Residential

1 Lot Available

Lot

Price $3,450,000
Price Per AC $18,186.61
Lot Size 189.70 AC

Description

Historic O’Connor Ranch 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. Property Highlights: • 189+ Acres near San Luis Obispo, CA • Views • 5 Residences • Multifamily • 12 Stall Horse Barn • Fenced for Cattle • Centrally located ten minutes from downtown San Luis Obispo • 15 minutes from the ocean and popular Morro Bay

Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
067-061-031
Land Assessment
$95,852
Improvements Assessment
$12,773
Total Assessment
$108,625
  • Listing ID: 35265506

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 1498 Oconnor Way, San Luis Obispo, CA 93405

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