8 months on rocket

4375 Rustic Way, San Luis Obispo, CA, 93401

$6,500,000

4 Bedrooms
3 Full Baths
2,300 SqFt
$2,826/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Front, Paved, RV Access/Parking, Workshop in Garage
Garage8 spaces
Year Built1995
HeatingElectric, Fireplace(s), Propane, Solar
CoolingNone
WaterfrontCreek
FireplaceDining Room, Family Room, Primary Bedroom
ViewHills, Mountain(s), Creek/Stream
MLS #NS24030817
Lot Size9.60 Acres
StatusActive

About 4375 Rustic Way

Welcome to an extraordinary opportunity nestled within the enchanting landscape of San Luis Obispo, where the essence of coastal charm meets the allure of rural living. Situated on about 10 flat usable acres of pristine land, this captivating parcel embodies the epitome of California elegance, offering a sanctuary of unparalleled beauty just minutes from the city's vibrant downtown, airport, and breathtaking ocean vistas. Discover the peaceful convenience as you explore this exciting property. This could potentially fulfill the opportunities for development, as well as ranching,equestrian living and of course the discerning homeowner. The main residence, situated on 2.2 acres of manicured grounds, beckons with its timeless and understated sophistication. Boasting three bedrooms, two baths, and an unfinished guest unit with bathroom upstairs, this home provides a canvas for personalization and expansion. Embrace the spirit of sustainability and self-sufficiency with owned solar panels, two septic systems, and a shared well. Step outside to discover a picturesque deck area, with a fabulous built-in barbecue and ample space to bask in the sun, offering the perfect setting for gatherings with friends and family. Completing this exceptional offering is a detached 1500-square-foot garage, with bathroom and optimal possibilities for storage, hobbies, and a workshop. The additional acreage, which sits on 7+ acres can be accessed via Esperanza and is truly a DEVELOPER'S dream come true! With infinite potential and a location that epitomizes the best of San Luis Obispo living, seize the opportunity and schedule a private viewing! Seller is willing to consider offers asking for concessions.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 1995
  • Stories: 2
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: Platinum Properties
  • Office Phone: (805) 835-2300
  • Listing Agent: Dana Sidders

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener, Water Heater
  • Flooring Type: Carpet, Laminate, See Remarks
  • Interior: Breakfast Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Living Room Deck Attached, Open Floorplan, Partially Furnished, Quartz Counters, All Bedrooms Down, Entrance Foyer, Main Level Primary, Primary Suite, Walk-In Closet(s), Workshop
  • Fireplace: Dining Room, Family Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek
  • View: Hills, Mountain(s), Creek/Stream
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: No
  • Parking: Driveway, Garage Faces Front, Paved, RV Access/Parking, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Irrigation System, Sprinklers In Rear, Sprinklers In Front, Sprinklers
  • Lot Size: 9.60 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s), Propane, Solar
  • Cooling: None

Other

Directions Information:

  • Directions: From Buckley Rd take a (L) on Rustic Way to the end, continued acreage on Esperanza.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $2,826/SqFt

Tax Information:

  • Annual Amount: $8,013
  • 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

4375 Rustic Way vs San Luis Obispo

254 DAYS ON ROCKET

+230 Days

$6,500,000

+$5.5M More

$2,826/SqFt

+$2.2K More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $2.2K/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: #NS24030817

Listing Office:

  • Office Name: Platinum Properties
  • Office Phone: (805) 835-2300
  • Listing Agent: Dana Sidders

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

Tax History

YEARPROP. TAXASSESSMENT
2021$8,013$754,372
2020$7,931$746,638
2019$7,773$731,999

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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-325244
7
/10
  • Sinsheimer Elementary School

  • 2755 Augusta St

  • 2.20 miles

  • Public District Grades KG-6

school-card-donut-325245
5
/10
  • Hawthorne Elementary School

  • 2125 Story St

  • 2.22 miles

  • Public District Grades KG-6

school-card-donut-325246
6
/10
  • C.L. Smith Elementary School

  • 1375 Balboa St

  • 2.33 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,000. Residents of San Luis Obispo, CA typically earn between $100k-200k 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 4375 Rustic Way

What is the listing price of this property?

The listing price of 4375 Rustic Way property is $6,500,000.

What type of property is this?

The property 4375 Rustic Way is a house located in San Luis Obispo, California, 93401.

Is this property for sale now?

Active Listing: 4375 Rustic Way 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 $8,013 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4375 Rustic Way has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4375 Rustic Way is 2,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4375 Rustic Way is 1995.
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Rocket HomesCaliforniaSan Luis Obispo CountySan Luis Obispo934014375 Rustic Way

This home is located at 4375 Rustic Way in San Luis Obispo, CA and zip code 93401. This 2,300 square foot home, which was built in 1995, sits on a 9.60 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $6,500,000.

In October 2024 more than 15 listings in San Luis Obispo, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 16 were sold below. In October 2024 in San Luis Obispo, CA there were 5.8% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $999,250, while the average time on the real estate market was 24 days.

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

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