93401 Homes under $2 million

Welcome to the charming community of San Luis Obispo, California, nestled in the heart of San Luis Obispo County and proudly bearing the zip code 93401. Known for its picturesque landscapes and vibrant downtown, this area offers a delightful blend of small-town charm and modern convenience, making it an ideal place for families, professionals, and retirees alike.

San Luis Obispo is renowned for its stunning natural beauty, with the majestic hills and the iconic Madonna Mountain providing a breathtaking backdrop. The city is also home to a thriving cultural scene, featuring local art galleries, farmers' markets, and an array of dining options that celebrate the region's rich culinary heritage. Outdoor enthusiasts will appreciate the numerous hiking trails, parks, and proximity to beautiful beaches, making it easy to enjoy the California sunshine.

For those seeking a home in this idyllic setting, the real estate market in the 93401 area offers an appealing selection of properties under $2 million. Whether you’re looking for a cozy bungalow, a modern family home, or a charming historic property, there’s something to suit every taste and lifestyle. With a variety of neighborhoods to choose from, you can find a home that perfectly matches your needs while being close to all the amenities that San Luis Obispo has to offer.

Experience the warmth and welcoming spirit of San Luis Obispo. Discover your dream home in 93401 today, and embrace a lifestyle filled with adventure, community, and the beauty of California living!

Newest 93401 Homes under $2 million

680 Chorro Street Unit 1, San Luis Obispo

$475,000

2 Beds ⋅ 1 Baths ⋅ SC26208675 MLS ⋅ Active Status

Just blocks from Downtown San Luis Obispo and approximately one mile from Cal Poly, this 2-bedroom, 1-bath end-unit condo in the desirable Peachwood complex puts the best of SLO within easy reach. Located on the second floor, the 878-square-foot home offers a functional floor plan with a spacious living area, a dining area connected to the kitchen, and a convenient pass-through that keeps the spaces connected. The living room opens to a private covered balcony, creating a natural spot for morning coffee, outdoor sitting or simply enjoying some fresh air. Both bedrooms offer ample storage, while two covered parking spaces and separate private storage room provide added practicality. Beyond the property itself, the location is a major part of the appeal, with dining, shopping, entertainment, local events and the SLO Farmers' Market all nearby, along with public transportation, bike paths and convenient access to Highway 101. Whether you're looking for a home close to Cal Poly, a low-maintenance base near Downtown, or an opportunity to enjoy more of San Luis Obispo without being far from where you want to be, this Peachwood condo offers a well-connected place to call home.

680 Chorro Street Unit 1, San Luis Obispo

$1,399,000

3 Beds ⋅ 2 Baths ⋅ PI26208406 MLS ⋅ Active Status

Enjoy the freedom of approximately 5 acres, where privacy, flexibility, and country-style living come together just minutes from the heart of San Luis Obispo. With room to spread out, create, work, and gather, this unique property offers a rare combination of peaceful surroundings and convenient access to shopping, dining, schools, and everyday amenities. The property features a main residence, a separate detached ADU, and a substantial detached barn/shop with garage and upper-level storage, offering exceptional versatility for multi-generational living, guests, a home office, hobbies, projects, storage, or additional parking. The main residence offers approximately 1,505 square feet with 3 bedrooms and 2 bathrooms, along with an attached 2-car garage. The separate detached ADU provides approximately 1,260 square feet with 3 bedrooms, 2 bathrooms, its own kitchen and living areas, and a separate entrance—creating valuable additional living space and flexibility. Outside, the approximately 1,137-square-foot detached barn/shop provides generous space for vehicles, equipment, projects, hobbies, or storage, with an upper-level storage area and additional covered parking adding even more functionality. Whether you’re looking for a little more breathing room, space for family and friends, room to pursue your hobbies, or simply a quieter way of life without giving up the conveniences of town, this property offers the space and flexibility to make it your own. Properties offering approximately 5 acres, two separate living spaces, and substantial shop and storage space this close to San Luis Obispo are rarely available. Come experience the space, possibilities, and lifestyle this special property has to offer. All information is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent. Square footage, lot size, room dimensions, permitted uses, zoning, and other property details are approximate and subject to verification.

4695 Thread Lane, San Luis Obispo

$1,299,000

2 Beds ⋅ 3 Baths ⋅ SC26212092 MLS ⋅ Active Status

Built in 2022, this two-bedroom, two-and-a-half-bath, 1,317sf Sinsheimer home stands out for its stunning finishes, prime location, and spectacular views of Cerro San Luis, Bishop Peak, and the South Hills. Vaulted ceilings and large glass sliders fill the home with natural light and bring the views into the living space, with direct access to a deck perfect for outdoor dining, relaxing, and watching the sun set over Cerro San Luis each night. The kitchen features a waterfall quartz island, glass pendant lighting, soft-close cabinetry with pullout storage, a tile backsplash, and stainless steel Samsung appliances, including an electric range and oven with SmartThings connectivity and a smart microwave. Carbon-filtered water serves the sink and refrigerator, and a large window above the sink frames views of Terrace Hill. Both bedrooms have large closets with custom buildouts and ceiling fans, with an additional fan in the living room. Additional features include air conditioning, owned solar, fire sprinklers, water softener hookups, and an oversized two-car garage with a glass rear door to the backyard. The 3,630-square-foot lot includes low-maintenance landscaping, new flagstone in front, citrus trees, and a backyard with room to make your own. The Jennifer Street Bridge is just minutes away, putting downtown SLO just a quick bike ride or walk away, while Terrace Hill is right in your front yard. Add the nearby Railroad Bike Path, Sinsheimer Park, Sinsheimer Pool, and SLO Blues baseball stadium, and there’s so much to enjoy. It’s a little city, a little outdoors, all in one awesome neighborhood. A great place to start your next chapter on the Central Coast.

2027 Rachel Street, San Luis Obispo

$875,000

3 Beds ⋅ 3 Baths ⋅ SC26213458 MLS ⋅ Active Status

Welcome to the Courtyards at Toro, conveniently located about a mile to Cal Poly University and two blocks to Downtown San Luis Obispo. This beautiful condo is nicely tucked away towards the back of the community just steps away from a pocket garden and picnic area exclusively for residents. This development was built from the ground up in 2019 with this unit being the first ever re-sale on the market. The property is two stories total with a seamless and spacious layout between the living room and the private patio. The ground floor features a two car garage, living room with glass slider to the outdoor private patio, half bathroom, spacious walk-in closet/pantry, open concept kitchen with quartz countertops and pendant light fixtures, and lots of windows for abundant natural light. On the top floor is a spacious laundry nook with side by side washer/dryer and upper cabinets, primary bedroom suite with oversized walk in closet and full bathroom, two additional bedrooms, and another full bathroom. The HOA fee is among one of the lowest in the area and the common area spaces are professionally kept and managed. With its unique location and amenities, this condo is perfect for someone who wants Downtown SLO living or for an investor who is seeking a rental property near the university.

625 Toro Street Unit 8, San Luis Obispo

$875,000

3 Beds ⋅ 3 Baths ⋅ SC26213452 MLS ⋅ Active Status

625 Toro Street Unit 5, San Luis Obispo

1255 Orcutt Road Unit B13, San Luis Obispo

$159,950

2 Beds ⋅ 2 Baths ⋅ WS26208284 MLS ⋅ Active Status

Welcome to this bright and spacious manufactured home located in the desirable Colonial Manor Manufactured Home Community in San Luis Obispo. This thoughtfully designed double-wide offers 2 bedrooms and 2 bathrooms with a bright, functional layout that maximizes both comfort and space. The kitchen is equipped a convenient island, creating a modern and inviting space perfect for everyday living and gathering. Indoor laundry hookups add convenience, while the overall design offers a clean, low-maintenance lifestyle. Enjoy the ease of living in a well-maintained community with affordable space rent of just $995 per month—an excellent opportunity to own a brand new home in a prime coastal location.

1255 Orcutt Road Unit B13, San Luis Obispo

$1,078,392

4 Beds ⋅ 3 Baths ⋅ SC26210777 MLS ⋅ Active Status

Introducing the Estero Plan 3 at Avila Ranch 4br/Primary first level - Site 313, a splendid two-story residence that seamlessly blends comfort and convenience in its thoughtful layout. The first floor beckons with an inviting entryway leading to an expansive great room, a versatile space perfect for entertainment and relaxation. Strategically positioned adjacent to the great room is a modern kitchen equipped with appliances, a pantry for storage, and access to a charming porch ideal for outdoor dining or leisure. The owner's suite, a tranquil enclave on this level, boasts a private bathroom and a walk-in closet, ensuring a restful retreat. Another highlight of the first floor is the secondary porch accessible from the great room, extending the living space into the open air. Upstairs, the home offers flexibility as a secondary family room, study, or entertainment area. Two additional bedrooms provide comfortable accommodations for family or guests, with one room offering the potential to be transformed into a fourth bedroom, showcasing the adaptability of the home's design. A well-placed bathroom serves these bedrooms, maintaining privacy and convenience. The practical design is further emphasized by the inclusion of a laundry room complete with a wash tub and nearby storage closet, making household chores a breeze. The Estero Plan 3 at Avila Ranch is a home designed to meet the needs of modern living with style and functionality.

272 Memphis Belle Way, San Luis Obispo

$1,398,000

3 Beds ⋅ 3 Baths ⋅ PI26205639 MLS ⋅ Active Status

Welcome to 1560 Phillips Lane, a 1952 Cape Cod–style home tucked into the San Luis Obispo foothills near the Mill Street Historic District and within walking distance of Cal Poly. With its dormer windows, inviting front porch, established setting, and mountain views, the home offers an appealing urban cottagecore feel—classic cottage character with the convenience of an in-town location. Never before on the market, the home was built from L. F. Garlinghouse Company Plan No. 5035 and retains many of its original architectural details. The approximately 1,407 sq. ft. main residence features three bedrooms, one and a half baths, a formal dining room, kitchen with breakfast area, and attached one-car garage. Recent improvements include refinished original hardwood floors, fresh interior and exterior paint, new kitchen and laundry room flooring, updated bathrooms, a new range and microwave, and a tankless water heater. Outside, improvements include a new driveway, front-yard irrigation, refreshed landscaping, new gates, and an updated redwood front porch. The home offers the next owner an opportunity to continue the improvements. Also on the property is an original permitted secondary structure dating to the 1940s, offering approximately 441 sq. ft. of bonus space with a half bath. Recently improved with new flooring and fresh interior and exterior paint, this versatile space offers potential for a future ADU, extended living area, home office, studio, or guest space. Buyers should check with the City regarding requirements and permitting for their intended use. The spacious yard provides room for outdoor living, gardening, and entertaining. With its cottage character, in-town setting, recent improvements, and versatile secondary structure, 1560 Phillips Lane offers a unique combination of vintage charm and possibilities for the future.

1560 Phillips Lane, San Luis Obispo

$1,995,500

4 Beds ⋅ 3 Baths ⋅ SC26210082 MLS ⋅ Active Status

A MUST SEE!! We can upgrade style & square footage, but we can't upgrade location or views, if we don't have them to begin with! Prime locations and views always climb in value as they become more scarce with demand, and irreplaceable supply. In the Upper portion of the San Luis Obispo Country Club Estate's Private & Gated Neighborhood, exists a Golf Peninsula Cul-de-sac. Second to the end, most windows in this home look down upon magnificent views of a pristine 160-acre Championship golf course, set amongst Edna Valley's Wine region vineyards. Framed by rolling hills, the 7 Sisters and Santa Lucia mountains, it enjoys Ocean breezes and Exclusive Privacy, often difficult to find with such convenient proximity to beaches and Downtown! Home is priced below others located in replaceable locations, and lesser views. This is an opportunity to choose style & colors of exterior Paint & Roofing, and more. Pictures of views & location do NOT do views justice!! A MUST SEE!! Reports done & available!! Virtual tour: https://5810Brookline.com/idx

5810 Brookline, San Luis Obispo

$435,000

3 Beds ⋅ 2 Baths ⋅ SC26204909 MLS ⋅ Active Status

Step into this bright and beautifully remodeled 3-bedroom, 2-bath home in Creekside Mobile Home Community, where virtually every surface has been thoughtfully updated. Offering 1,359 sq. ft. of living space, the home features vaulted ceilings, dormer windows, an open-concept layout, and a spacious primary suite. The extensive renovation includes new LVP flooring, quarts countertops, sinks, faucets, bathroom vanities, lighting, interior and exterior paint, KitchenAid appliances, Whirlpool washer and dryer, and a Samsung ductless mini-split A/C system. The primary bathroom has been refreshed with a new shower, vanity, medicine cabinet, chair-height toilet, and sliding barn door. Outside, enjoy updated landscaping, decorative rock, irrigation, hardscape, stepping pavers, a privacy fence and hedge, plus a storage shed. Located on a desirable corner lot near the back of the park, the home is close to the greenbelt and walking trail along San Luis Creek. Creekside also offers resort-like amenities including a clubhouse, game room, library, playground, swimming pool, and jetted spa, all conveniently located near shopping, dining, fitness centers, and the SLO Public Market.

3960 S Higuera Unit 79, San Luis Obispo

$1,200,000

3 Beds ⋅ 2 Baths ⋅ SC26204525 MLS ⋅ Active Status

Beautifully updated 3-bedroom, 2-bath single-level home in a desirable San Luis Obispo “banana belt” location. The open floor plan features luxury vinyl flooring and a stylish kitchen with custom cabinetry, marble countertops, stainless steel appliances, and a large island with bar seating. The adjoining living room is highlighted by a contemporary fireplace. The spacious primary suite offers a spa-inspired bath with dual sinks, an oversized marble shower, freestanding soaking tub, and walk-in closet. Two additional bedrooms and an updated guest bath complete the interior. Outside, enjoy a private landscaped yard with newer concrete, driveway, retaining walls, privacy fencing, mature landscaping, and drip irrigation. Additional improvements include a newer sewer main and central HVAC. Modern, comfortable, and move-in ready in the heart of San Luis Obispo.

3078 Johnson Avenue, San Luis Obispo

$1,071,578

3 Beds ⋅ 3 Baths ⋅ SC26166604 MLS ⋅ Active Status

Welcome to the Estero Plan 2 Homesite #267 at Avila Ranch! This beautiful new construction home offers modern design and open living spaces throughout. With approximately 1,900 sq. ft., this two-story residence features 3 bedrooms and 2.5 bathrooms. The bright and airy main level includes an open-concept living area, dining space, and a chef-inspired kitchen with a large island, stylish finishes, and plenty of counter space—perfect for cooking and entertaining. Upstairs, the primary suite offers a private bath and walk-in closet, while two additional bedrooms share a full bathroom. Enjoy a two-car garage, a welcoming front porch, and an optional backyard patio ideal for relaxing or dining outdoors. Located in the desirable Avila Ranch community, this home combines comfort, functionality, and modern style in a vibrant neighborhood setting.

241 Kitty Hawk Court, 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.