9 months on rocket

500 Spanish Springs Dr, San Luis Obispo, CA, 93401

$5,900,000

3 Bedrooms
2 Full Baths
1,672 SqFt
$3,529/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1982
HeatingOther
CoolingOther
MLS #324007704
Lot Size218.00 Acres
StatusActive

About 500 Spanish Springs Dr

Discover the captivating coastal vineyard property located 3 +/- miles from the Pacific Ocean in the heart of San Luis Obispo County. Sprawling across 218 +/- acres of picturesque landscape, this property is an enchanting canvas awaiting the brushstrokes of your dreams. Spanish Springs Vineyard boasts over ninety acres of meticulously cultivated vineyards, showcasing a diverse array of varietals including Chardonnay, Syrah, Pinot Noir, and more. This property produces premium grapes sought after by discerning winemakers, leading to the creation of award-winning wines that consistently receive high ratings. Explore the vibrant local culture that makes both cities cherished destinations. Other highlights include proximity to the ACI Jet Center and San Luis Obispo Regional Airport. Situated adjacent to ANZA Vineyard Estates, this property shares borders with multi-million-dollar homes set within this prestigious community, reflecting the area's growing appeal and investment potential. Seize the opportunity to claim this extraordinary property and write the next chapter of its story.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,672 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (707) 939-9500, 324264
  • Listing Agent: Matt R Sevenau, Maurice Tegelaar Maurice Tegelaar

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 218.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Price canyon to spanish springs drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,900,000
  • Price Per SqFt: $3,529/SqFt

Tax Information:

  • Annual Amount: $65,786
  • 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

500 Spanish Springs Dr vs San Luis Obispo

278 DAYS ON ROCKET

+254 Days

$5,900,000

+$4.9M More

$3,529/SqFt

+$2.9K More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $2.9K/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: BAREIS MLS
  • MLS Number: #324007704

Listing Office:

  • Office Name: Compass
  • Office Phone: (707) 939-9500, 324264
  • Listing Agent: Matt R Sevenau, Maurice Tegelaar Maurice Tegelaar

IDXCopyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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, 9:20:51 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

Nov 08, 2011Home Sold
$11,118,219

Tax History

YEARPROP. TAXASSESSMENT
2021$65,786$6,193,064
2020$65,226$6,140,383
2019$62,974$5,990,573
2018$62,974$5,873,112
2017$61,740$5,757,954

History based on county public records data.

Payment Calculator

$29.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.7K

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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-207359
7
/10
  • Shell Beach Elementary School

  • 2100 Shell Beach Rd

  • 2.58 miles

  • Public District Grades KG-6

school-card-donut-207360
6
/10
  • Grover Heights Elementary School

  • 770 N Eighth St and Ritchie Rd

  • 2.67 miles

  • Public District Grades KG-6

school-card-donut-207361
3
/10
  • Grover Beach Elementary School

  • 365 S 10th St

  • 3.38 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,708. Residents of San Luis Obispo, CA typically earn between $100k-200k each year. Residents typically live in single, no kids family. 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 500 Spanish Springs Dr

What is the listing price of this property?

The listing price of 500 Spanish Springs Dr property is $5,900,000.

What type of property is this?

The property 500 Spanish Springs Dr is a house located in San Luis Obispo, California, 93401.

Is this property for sale now?

Active Listing: 500 Spanish Springs Dr 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 $65,786 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 8, 2011 for $11,118,219. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Spanish Springs Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Spanish Springs Dr is 1,672 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Spanish Springs Dr is 1982.
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Rocket Homes›California›San Luis Obispo County›San Luis Obispo›93401›500 Spanish Springs Dr

This home is located at 500 Spanish Springs Dr in San Luis Obispo, CA and zip code 93401. This 1,672 square foot home, which was built in 1982, sits on a 218.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 10, 2024 and is currently priced at $5,900,000.

While more than 15 listings in San Luis Obispo, CA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and 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. 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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