This meticulously restored Victorian masterpiece is perfectly situated just two blocks from the vibrant Downtown San Luis Obispo. The main residence features two bedrooms, three luxurious bathrooms, a cozy sitting room with sweeping views of downtown and San Luis Mountain, and a breathtaking library—all adorned with exquisite luxury finishes. Step inside to discover rich solid black walnut hardwood flooring, custom-designed wainscoting, and vintage 1920s light fixtures that have been lovingly restored to their former glory. The attention to detail extends to vintage-style hardware and period-correct handcrafted shutters, adding a touch of timeless elegance to every room. The gourmet kitchen is a chef's dream, boasting soapstone countertops, premium Subzero, Wolf, and Bosch stainless steel appliances, a marble-topped center island with bar seating, custom cabinetry and shelving, and a stunning subway tile backsplash. The property also includes a charming second home with two bedrooms, a full bathroom, a fully equipped kitchen, a welcoming living room, and an outdoor balcony. Additionally, there are separate guest quarters complete with a full bathroom, kitchenette, and laundry facilities. Outside, the private-gated driveway is lined with pavers imported from Belgium, leading to professionally landscaped grounds featuring a lush backyard lawn and a finished two-car garage. Located just moments from Downtown San Luis Obispo, this home offers unparalleled access to local restaurants, scenic hiking trails, and world-renowned wineries, bringing the best of the Central Coast right to your doorstep.
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1890
Stories: 2
Living Area: 3,211 SqFt
Listing Office:
Office Name: Richardson Sotheby's International Realty
Office Phone: (805) 801-9091
Listing Agent: Chris Richardson
Interior Features
Interior Information:
Appliances: Stove, Convection Oven, Double Oven, Dishwasher, Range, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Purifier
Flooring Type: Carpet, Stone, Wood
Interior: Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Coffered Ceiling(s), Separate/Formal Dining Room, Paneling/Wainscoting, Stone Counters, Wired for Data, Wired for Sound, All Bedrooms Up, Entrance Foyer, Primary Suite, Walk-In Closet(s)
Fireplace: Dining Room, Gas
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: Hills, Mountain(s), Neighborhood
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Driveway Level, Driveway, Garage, Paved
Lot Features
Lot Information:
Lot: Back Yard, Front Yard
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Central, Zoned
Cooling: Central Air, Zoned
Other
Directions Information:
Directions: The home is located on the north side of Broad Street between Buchon and Islay.
Price Information
Listing Price Info
Price Summary:
List Price: $3,700,000
Price Per SqFt: $1,152/SqFt
Tax Information:
Annual Amount: $11,258
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Luis Obispo, CA.
This property is $2.6M more than the Median Sold Price and $533/SqFt more than other homes in San Luis Obispo, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SC24180329
Listing Office:
Office Name: Richardson Sotheby's International Realty
Office Phone: (805) 801-9091
Listing Agent: Chris Richardson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/19/2024, 1:25:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 30, 1999
Jul 30, 1999Home Sold
$360,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,258
$1,059,806
2020
$11,142
$1,048,940
2019
$9,769
$1,028,374
2018
$9,770
$911,152
2017
$9,301
$867,396
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hawthorne Elementary School
2125 Story St
Distance between this listing and this school0.36 miles
Public District Grades KG-6
7
/10
Sinsheimer Elementary School
2755 Augusta St
Distance between this listing and this school1.09 miles
Public District Grades KG-6
5
/10
Pacheco Elementary School
261 Cuesta Dr
Distance between this listing and this school1.66 miles
Public District Grades KG-6
Nearby Schools
9
/10
Teach Elementary School
165 Grand Ave
Distance between this listing and this school1.40 miles
Public District Grades 4-6
7
/10
Laguna Middle School
11050 Los Osos Valley Rd
Distance between this listing and this school2.17 miles
Public District Grades 7-8
5
/10
Judkins Middle School
680 Wadsworth Ave
Distance between this listing and this school9.14 miles
Public District Grades 7-8
Nearby Schools
9
/10
San Luis Obispo High School
1499 San Luis Dr
Distance between this listing and this school0.87 miles
Public District Grades 9-12
3
/10
Pacific Beach High School
11950 Los Osos Valley Rd
Distance between this listing and this school2.10 miles
Public District Grades 10-12
4
/10
Grizzly Challenge Charter
721 Mendocino Ave
Distance between this listing and this school5.11 miles
The neighbors living near this home have an average income of $56,500. Residents of San Luis Obispo, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1516 Broad St
What is the listing price of this property?
The listing price of 1516 Broad St property is $3,700,000.
What type of property is this?
The property 1516 Broad St is a house located in San Luis Obispo, California, 93401.
Is this property for sale now?
Active Listing: 1516 Broad St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,258 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 30, 1999 for $360,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1516 Broad St has 4 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 1516 Broad St is 3,211 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1516 Broad St is 1890.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1516 Broad St in San Luis Obispo, CA and zip code 93401. This 3,211 square foot home, which was built in 1890, sits on a 0.17 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $3,700,000.
In November 2024, from all listings sold in San Luis Obispo, CA there were more than 6 sold above asking price, over 15 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in San Luis Obispo, CA between October 2024 and November 2024 decreased by 16.4%. In November 2024 median list price was $1,020,000 and the average listing age was 24 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Yoga/pilates
Yoga/pilates
Major League Soccer (MLS)
Continuing Education Courses
H&M
Banana Republic
Express/Express For Men
Dominos Pizza
Sonic
Qdoba
Audi
Infiniti
Volkswagen
Alternative
Urban Contemporary
Talk/Personality