Are you looking for a great investment opportunity? Look no further than this charming single-family home located on the side of Madonna Mountain with breathtaking views of Bishops Peak and walking distance from Cal Poly campus! This +/- 1450 sqft home was built in 1959 on a +/- 6500 sqft lot. It features 4 spacious bedrooms, 2 full baths, a large living room with a log fireplace and a nicely sized kitchen. The front patio is the perfect place to entertain guests or enjoy a quiet evening at home with spectacular sunset views. Attached 2 car garage with additional driveway and street parking. This property is currently leased out to Cal Poly students through July 31, 2023 for $3,800/month and has a renewed leased agreement from August 1, 2023, through July 2024 for $4,100/month. This means that you can start earning passive income immediately! In the future, you can even use it as a retirement property.
Sold for $899,000
Listing Provided by:
Joseph Silva DRE #02158753 805-773-7777,
Keller Williams Realty Central Coast,
Jordan Jackson DRE #02044868 805-704-1669,
Keller Williams Realty Central Coast
Bought with: Pacific Properties
$899,000
82 Rafael Way, San Luis Obispo, CA 93405
4beds
1,450sqft
Single Family Residence
Built in 1959
6,500 Square Feet Lot
$1,089,900 Zestimate®
$620/sqft
$6,265 Estimated rent
Home value
$1,089,900
$1.02M - $1.17M
$6,265/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$6,265/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$6,265/mo
Rent Zestimate®
Refinance and save
$5,639/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$5,639/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 17, 2023 at 01:41pm
Listing Provided by:
Joseph Silva DRE #02158753 805-773-7777,
Keller Williams Realty Central Coast,
Jordan Jackson DRE #02044868 805-704-1669,
Keller Williams Realty Central Coast
Bought with:
Bethany Ponce, DRE #02111129
Pacific Properties
Source: CRMLS,MLS#: PI23085563
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Dual Sinks, Separate Shower, Tile Counters, Tub Shower
Kitchen
- Features: Tile Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central, Forced Air, Fireplace(s), Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Gas Range, Refrigerator, Range Hood, Water Heater
- Laundry: In Garage
Features
- Eat-in Kitchen, Open Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Has fireplace: Yes
- Fireplace features: Free Standing, Living Room, Raised Hearth, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,450 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Hills, Mountain(s), Neighborhood
Lot
- Size: 6,500 sqft
- Features: Back Yard, Gentle Sloping, Near Park, Near Public Transit, Rectangular Lot, Sloped Up
Details
- Parcel number: 052474001
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Curbs, Hiking, Street Lights, Sidewalks, Park
Location
- Region: San Luis Obispo
- Subdivision: San Luis Obispo(380)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2023 | Sold | $899,000$620/sqft |
Source:  CRMLS #PI23085563 Report a problem | ||
| 6/5/2023 | Pending sale | $899,000$620/sqft |
Source: CRMLS #PI23085563 Report a problem | ||
| 5/17/2023 | Listed for sale | $899,000+71.2%$620/sqft |
Source: CRMLS #PI23085563 Report a problem | ||
| 4/12/2018 | Listing removed | $3,800$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/3/2018 | Listed for rent | $3,800+15.2%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,107 +1.7% | $916,980 +2% |
| 2024 | $9,935 +19.3% | $899,000 +19.5% |
| 2023 | $8,329 +6.7% | $752,499 +2% |
Find assessor info on the county website
Neighborhood: 93405
Nearby schools
GreatSchools rating
- 8/10Bishop's Peak Elementary SchoolGrades: K-6Distance: 0.6 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 2.2 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 1.7 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,089,900
2% more
+$21,798
With Zillow Showcase(estimated)
$1,111,698
- California
- San Luis Obispo County
- San Luis Obispo
- 93405
- 82 Rafael Way