San Luis Obispo Homes under $1.25 million

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Newest San Luis Obispo Homes under $1.25 million

$595,000

1 Beds ⋅ 1 Baths ⋅ SC26227427 MLS ⋅ Active Status

FIXER-UPPER – GREAT INVESTMENT OPPORTUNITY! Attention investors, contractors, and builders! This property is a total fixer-upper with tremendous potential for the right buyer. Situated on a 50' x 100' lot (5,000 sq. ft.), the property is zoned R-2, offering potential development opportunities, subject to city approval and zoning requirements. The existing home is in need of extensive repairs and renovations. Bring your vision and creativity to transform this property! PROPERTY IS BEING SOLD STRICTLY AS IS, IN ITS PRESENT CONDITION. Seller will make no repairs.

2046 King, San Luis Obispo

$1,125,000

3 Beds ⋅ 1 Baths ⋅ SC26223899 MLS ⋅ Active Status

Mid-century charm takes on a fresh perspective in San Luis Obispo. Built in the 1950s, this three-bedroom home pairs timeless character with thoughtful updates that bring new life to its classic style. Warm wood flooring, large windows, and a red-brick fireplace set the tone in the inviting living area, where the kitchen connects naturally with the main gathering space. Recent improvements include fresh interior and exterior paint, updated baseboards and window trim, new light fixtures, and refreshed finishes throughout. Two bedrooms feature updated closet storage, including a walk-in closet in the primary bedroom, while the third retains its original built-in cabinetry for a touch of vintage character. Major upgrades include a new roof, a ductless mini-split system providing heating and air conditioning, upgraded electrical service with a solar-ready panel, and improvements to the plumbing, windows, doors, and bathroom. The home also features a new concrete back patio, new front porch steps, and brand-new electric washer and dryer. Outside, refreshed landscaping and a fully fenced backyard complement the spacious lot, offering room to garden, entertain, play, or explore future possibilities. The extended driveway provides additional parking, and the property may offer potential for an ADU, subject to applicable City and County requirements. Just two blocks from Sinsheimer Park, enjoy access to tennis and basketball courts, a swimming pool, playground, picnic areas, and baseball diamonds. Nearby schools, Terrace Hill Open Space, downtown San Luis Obispo, and Cal Poly round out a location that makes it easy to enjoy all that SLO has to offer. Whether you're looking for a home with personality, a place to put down roots, or an investment with room to grow, 1411 Sydney Street offers an appealing combination of mid-century character, meaningful improvements, and a generous outdoor setting in a desirable San Luis Obispo neighborhood.

1411 Sydney Street, San Luis Obispo

1106 Oceanaire Dr. Unit 45, San Luis Obispo

$749,000

3 Beds ⋅ 3 Baths ⋅ SC26226199 MLS ⋅ Active Status

Welcome to 1106 Oceanaire Drive #45, a thoughtfully updated townhome in San Luis Obispo's desirable Windermere community. 3 bed, 2.5 bath, 1768 sq ft. The work is already done here, so you can simply unpack and enjoy. The main living area centers on a cozy fireplace and opens to a private patio, a great spot for morning coffee or relaxing in the evening. Upstairs, new 20 mil commercial-grade luxury vinyl flooring runs seamlessly across the entire level, paired with freshly painted guest bedrooms. Ceilings have been repainted, and every bulb has been upgraded to energy-efficient LED. In the kitchen, the dated lightbox was replaced with clean, modern recessed lighting, and a new ceiling fan keeps the dining area comfortable. Tile throughout was professionally polished and resealed by Sir Grout. Bathtubs and upstairs sinks have been resealed, and the guest bath has a new faucet. The sliding doors were repaired and fitted with new screens, HVAC filters were replaced, and the washer and dryer were cleaned and serviced. Close to Laguna Lake Park, shopping, downtown, and Cal Poly, this home offers easy SLO living with peace of mind built in.

1106 Oceanaire Dr. Unit 45, San Luis Obispo

581 Higuera Street Unit 406, San Luis Obispo

$985,000

1 Beds ⋅ 1 Baths ⋅ SC26225512 MLS ⋅ Active Status

Reach out about our new Loan Rate Buy-Down Offer! Welcome to Brickhouse at San Luis Square, centrally located in the heart of Downtown San Luis Obispo just steps from restaurants, shops, cafes, the weekly farmers market, and more. Brickhouse is a 29-unit condominium community offering single-level living with a thoughtful blend of comfort, quality, and modern convenience. Designed with ease of ownership in mind, Brickhouse is well suited for a primary residence, second home, or vacation retreat. With no yard to maintain and secure underground parking, owners can enjoy a true lock-and-leave lifestyle while staying connected to everything downtown San Luis Obispo has to offer. Homes feature well-designed floor plans ranging from open-concept and flex one-bedroom layouts to two-bedroom residences and penthouse suites, many with views of Cerro San Luis, Terrace Hill, and the downtown cityscape. Extra care was taken to maximize natural light and provide enhanced soundproofing between units and from exterior noise, creating a quiet and comfortable urban retreat. Interior finishes include luxury vinyl plank flooring, solid-core cabinetry, Silestone quartz countertops, GE Café appliances, and premium tiled showers. Homes also feature double-pane windows, walk-in closets, and pre-wiring for data and fiber internet. All residences offer substantial balconies, with select units featuring wraparound decks for expanded indoor-outdoor living. An elevator provides access to all levels, and secure on-site underground parking is included. Remaining residences currently available include Units 202 and 210, offering two bedrooms and two bathrooms, and Units 309, 406, and 408, featuring one-bedroom open-concept floor plans. All remaining residences are move-in ready. For more information, pricing, floor plans, or details on the remaining residences, reach out to us directly or stop by the sales office at 586 Higuera Street, Suite 200, open Thursday through Sunday from 12 to 4 PM or by appointment.

581 Higuera Street Unit 406, San Luis Obispo

$735,000

3 Beds ⋅ 1 Baths ⋅ SC26223904 MLS ⋅ Active Status

An exciting opportunity to acquire a sizable infill parcel in San Luis Obispo with potential for future redevelopment. Zoned R-2, this property offers possibilities for investors, builders, and developers seeking land in an established residential area. The existing residence dates to approximately the 1920s, with the primary value in the land. The underlying zoning may provide flexibility for future parcel division or redevelopment, subject to City requirements and approval. Potential development may require additional site improvements and infrastructure. Buyers are encouraged to independently verify zoning, permitted uses, parcel division potential, and development feasibility with the City of San Luis Obispo. Conveniently located near neighborhood shopping, grocery stores, restaurants, parks, and other everyday amenities, the property also offers access to downtown San Luis Obispo, Cal Poly, and major local routes. Enjoy the appeal of an established neighborhood with convenient connections to employment, education, recreation, and the broader Central Coast lifestyle.

3280 Rockview Place, San Luis Obispo

$850,000

2 Beds ⋅ 1 Baths ⋅ SC26223908 MLS ⋅ Active Status

Location, Location, Location! Discover the charm and character of this delightful 1950s cottage, ideally situated in one of San Luis Obispo's most desirable neighborhoods. Just a short stroll to vibrant downtown SLO, this inviting two-bedroom, one-bath home offers the perfect blend of classic charm, comfort and convenience. Enjoy the easy access to wonderful restaurants, boutique shopping, movie theaters, schools, parks, and all that San Luis Obispo has to offer. Step inside to a warm and welcoming living room featuring hardwood floors and cozy fireplace, perfect for relaxing evenings at home. Recent improvements include freshly painted interior, new flooring in the kitchen and dining room, a new water heater, and newer appliances. Additional improvements throughout the years have enhanced the home's comfort and appeal while preserving its timeless character. Whether you're looking for a charming primary residence or a wonderful retreat on the Central Coast this property offers an exceptional opportunity to enjoy the sought-after San Luis Obispo lifestyle. A wonderful place to call home. Information deemed reliable but not verified. Buyer to verify all information to their satisfaction.

2068 Sierra, San Luis Obispo

$1,045,000

SC26223259 MLS ⋅ Active Status

Calling Cal Poly Parents and Investors! A turnkey student housing opportunity in an established San Luis Obispo neighborhood, ideally located minutes to Cal Poly and downtown. Designed to accommodate approx. 5 to 6 students, this mid-century home offers a ready-to-go option for buyers seeking a property with student rental potential. Property previously rented for $5,000/mo. The open-concept living, dining, and kitchen areas create a central gathering space, complemented by durable luxury vinyl plank flooring throughout the main living areas. The updated kitchen pairs vintage character with modern function, featuring stainless steel appliances, a gas range, dishwasher, farmhouse sink, generous cabinetry, and breakfast bar. French doors open to an outdoor deck shaded by mature trees, extending the living space outdoors and creating a natural spot to gather, study, or unwind. The home's flexible layout includes three bedrooms, two bathrooms, additional storage spaces, and convenient attic access. A single-car garage with laundry area and utility sink adds practical functionality. Set on a cul-de-sac in a sought-after San Luis Obispo location near the university, downtown, shopping, dining, and parks, this property offers an opportunity to combine a convenient location with student housing/rental strategy and the appeal of California indoor-outdoor living.

2050 Hope Street, San Luis Obispo

$775,000

3 Beds ⋅ 3 Baths ⋅ PI26221279 MLS ⋅ Active Status

Welcome to Righetti Ranch, where modern farmhouse design meets the relaxed Central Coast lifestyle. Located in one of San Luis Obispo's most sought-after communities, this beautifully appointed 3-bedroom, 2.5-bath townhome offers stylish, low-maintenance living with an open-concept floor plan designed for everyday comfort and effortless entertaining. The light-filled kitchen features quartz countertops and flows seamlessly into the dining and living areas, creating an inviting space to gather with family and friends. Throughout the home, you'll appreciate the durability and contemporary appeal of hard-surface flooring, with luxury vinyl plank flooring throughout the main living areas and bedrooms, complemented by tile flooring in the bathrooms and laundry room, offering both style and easy maintenance with no carpet. Upstairs, the spacious primary suite features a large walk-in closet and a spa-inspired ensuite, while two additional bedrooms, a full bath with dual vanities, and a conveniently located laundry room complete the second level. Enjoy everything Righetti Ranch has to offer, including scenic hiking and biking trails, open space, rolling hillside views, and a future community park just moments away. Conveniently located near downtown San Luis Obispo, Cal Poly, shopping, restaurants, Edna Valley wineries, top-rated schools, and the San Luis Obispo Regional Airport, this exceptional Righetti Ranch home offers the very best of Central Coast living.

1037 Tiburon Way, San Luis Obispo

$1,090,000

3 Beds ⋅ 3 Baths ⋅ SC26216291 MLS ⋅ Active Status

Tucked away on a quiet cul-de-sac in the sought-after Laguna Shores neighborhood, this move-in ready two-story home offers the best of San Luis Obispo living, just moments from Laguna Lake. Inside, vaulted ceilings and abundant natural light create an open, airy feel in the living room, where a gas fireplace anchors the space and a charming window seat adds a cozy spot to relax. The living area flows seamlessly into the dining area and the updated kitchen, making it easy to cook, gather, and entertain. A door off the kitchen leads directly to the backyard, perfect for indoor-outdoor living. Two bedrooms are located downstairs, each with their own bathroom and sliding doors to the backyard, ideal for family, guests, or a home office. Upstairs, the private primary suite is a true retreat, featuring a walk-in closet, an en suite bathroom, and stunning views of the surrounding mountains and hills. Outside, the low-maintenance backyard is designed for enjoying San Luis Obispo's beautiful year-round weather. Turf and easy-care landscaping keep upkeep simple, while a covered patio provides the perfect setting for dining and entertaining. The front yard's garden beds offer space to grow your own produce or flowers, and a detached shed provides extra storage. The attached two-car garage includes the washer and dryer hookups for added convenience. Enjoy an ideal location close to Laguna Middle School, Smith Elementary, shopping plazas and everyday amenities, and hiking trails, with so much more nearby.

833 Escuela Court, San Luis Obispo

$895,000

3 Beds ⋅ 1 Baths ⋅ SC26206139 MLS ⋅ Active Status

At the intersection of opportunity and vintage San Luis Obispo, is this nearly-original 3 bedroom home with detached 2 car garage on a generous corner lot. Inspection reports are available for property condition, reflecting minimal maintenance since purchase in the 1950’s. Bath and kitchen have had updates since original construction. No laundry hookups. Ask your agent about available documents and property showing conditions. Positioned in proximity to elementary schools, Cal Poly, and Hwy 1. Square footage source is County Records.

392 Christina Way, San Luis Obispo

1716 Carolyn Drive Unit 106, San Luis Obispo

$375,000

2 Beds ⋅ 2 Baths ⋅ SC26220787 MLS ⋅ Active Status

Welcome to a Peacefull, Serene Home! This beautiful home has had an extensive renovation done to the interior. It features an open concept living room, dining area, and kitchen. The kitchen has a very large island with upgraded appliances. This living space is perfect for entertaining. The home has lots of windows that let light in. The bathrooms are also beautiful. Each bathroom has been upgraded with bright and light colors painted on the walls. The home is a short distance from the community center that features a large kitchen, a large meeting space, a private gym, a pool table room. There is also a second community room that has a kitchen and large room for private events. This home is ready for a new owner and priced to sell at $375,000.

1716 Carolyn Drive Unit 106, San Luis Obispo

$799,000

3 Beds ⋅ 2 Baths ⋅ SC26219125 MLS ⋅ Active Status

Wonderful opportunity in one of San Luis Obispo's most convenient locations near schools, shopping and hiking trails. This single-level home offers 3 bedrooms and 1.5 bathrooms with fresh interior paint, vinly plank flooring and dual pane windows. The spacious backyard is a blank canvas anchored by a mature walnut tree, with room to garden, entertain, or explore future home expansion or ADU potential (buyer to verify). Ideally located near major shopping centers and just a short stroll to the popular SLO Ranch Farms Marketplace with its farm-to-table market, eateries, and shops. Enjoy quick access to Highway 101, an easy trip to Cal Poly, and close proximity to Laguna Lake. A fantastic opportunity for first-time buyers, investors, or anyone looking to personalize a home in a prime location.

1778 Vicente, San Luis Obispo

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

San Luis Obispo Homes under $1.25 million

Newest San Luis Obispo Homes under $1.25 million

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