485 Oconnor Way
San Luis Obispo, CA, 93405
$3,150,000
5 Beds
3 Baths
2,660 SqFt
5.09 Acres
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Coastal Equine Ranch an exceptional equestrian estate in the heart of San Luis Obispo. Nestled on five scenic acres just minutes from downtown San Luis Obispo, Coastal Equine Ranch seamlessly blends country charm with modern convenience. Breathtaking views of the Santa Lucia Mountain range frame the property, while a stately entrance-featuring handcrafted wood gates and stone pillars-sets the tone for the privacy and warmth found throughout.
The primary residence offers 5 bedrooms and 3 bathrooms, thoughtfully remodeled with contemporary finishes, fresh paint, and durable vinyl flooring throughout. With two full kitchens and a flexible floor plan, the home can easily be divided into two separate living spaces-ideal for multigenerational living or income potential. In addition, a detached 2-bedroom, 1-bath guest house, affectionately know as The Ranch Retreat, provides a private haven with a full kitchen, comfortable living room, enclosed backyard, and a track record as a successful vacation rental. At the heart of the property is a thriving equestrian operation, currently boarding over 40 horses and offering a full suite of services including boarding, foaling, breeding, training and riding instruction. A dedicated team-professional trainers, instructors, and grounds staff-ensures smooth day-to-day operations, making this a true turnkey investment. Also included is a versatile commercial space, perfect for any business or ranch management needs. This building features a spacious private executive office with its own kitchenette, ideal for quiet focus or client meetings. Behind it, you’ll find two expansive modern workspaces, bathed in natural light and equipped with ample storage-offering the perfect balance of privacy and collaboration. Whether you’re looking for a personal equine haven, a luxury ranch retreat, or a fully operational business with built-in revenue, Coastal Equine Ranch is a rare opportunity to own one of San Luis Obispo’s most unique and profitable properties. A full list of equestrian amenities is available upon request, along with detailed income and expense reports. Information not verified.

Property Details

Price:
$3,150,000
MLS #:
SC25126983
Status:
Active
Beds:
5
Baths:
3
Address:
485 Oconnor Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
City:
San Luis Obispo
Listed Date:
Jun 6, 2025
State:
CA
Finished Sq Ft:
2,660
ZIP:
93405
Lot Size:
221,720 sqft / 5.09 acres (approx)
Year Built:
1960
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Schools

School District:
San Luis Coastal Unified

Interior

Appliances
Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
Cooling
None
Fireplace Features
Bonus Room, Living Room, Gas
Flooring
Tile, Vinyl
Heating
Forced Air
Interior Features
Granite Counters, Storage, Tile Counters
Window Features
Double Pane Windows

Exterior

Association Amenities
Outdoor Cooking Area
Community Features
Hiking, Horse Trails, Stable(s)
Exterior Features
Corral, Rain Gutters, Stable
Fencing
Wood
Foundation Details
Slab
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Garden, Horse Property, Horse Property Improved, Landscaped, Lawn, Level with Street, Level, Ranch, Sprinkler System
Parking Features
Driveway, Gravel, Driveway Level, Off Street, On Site
Parking Spots
0.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Conventional Septic
Spa Features
None
Stories Total
1
View
Hills, Mountain(s), Pasture
Water Source
Well

Financial

Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Map

Community

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