2 months on rocket

1516 Broad St, San Luis Obispo, CA, 93401

$3,700,000

4 Bedrooms
5 Full Baths
3,211 SqFt
$1,152/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Level, Driveway, Garage, Paved
Garage2 spaces
Year Built1890
HeatingCentral, Zoned
CoolingCentral Air, Zoned
FireplaceDining Room, Gas
ViewHills, Mountain(s), Neighborhood
MLS #SC24180329
Lot Size0.17 Acres
StatusActive

About 1516 Broad St

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
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Housing Market Comparison

See how this home compares to others in San Luis Obispo, CA.

Med. Sold Price

$999.2K

Med. Price/SqFt

$618

Avg. Days On Market

24

# of Sold Homes

37

1516 Broad St vs San Luis Obispo

76 DAYS ON ROCKET

+52 Days

$3,700,000

+$2.7M More

$1,152/SqFt

+$534 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $534/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

IDX 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: 11/14/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 30, 1999Home Sold
$360,000

Tax History

YEARPROP. TAXASSESSMENT
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

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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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.

Nearby Schools

school-card-donut-264596
5
/10
  • Hawthorne Elementary School

  • 2125 Story St

  • 0.36 miles

  • Public District Grades KG-6

school-card-donut-264597
7
/10
  • Sinsheimer Elementary School

  • 2755 Augusta St

  • 1.09 miles

  • Public District Grades KG-6

school-card-donut-264598
5
/10
  • Pacheco Elementary School

  • 261 Cuesta Dr

  • 1.66 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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. Residents typically live in single, no kids family. The most common level of education of people living 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.
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Rocket Homes›California›San Luis Obispo County›San Luis Obispo›93401›1516 Broad St

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.

Over 15 listings were sold over their listed price in October 2024 in San Luis Obispo, CA. In the same period over 16 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in San Luis Obispo, CA between September 2024 and October 2024 decreased by 5.8%. In October 2024 median list price was $999,250 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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