7 months on rocket

5502 Los Ranchos Rd, San Luis Obispo, CA, 93401

$9,499,000

281.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewPark, Golf Course, Hills, Panoramic, Vineyard
MLS #SC24037500
Lot Size281.10 Acres
StatusActive

About 5502 Los Ranchos Rd

Welcoming you to the heart of the picturesque Edna Valley, Jack Ranch stands as the epitome of luxury living on the CA Central Coast. Named after a pioneering family, this 281-acre estate offers an unparalleled blend of natural beauty, agricultural bounty, and prime location. Jack Ranch enjoys a coveted position within the prestigious SLO Country Club gates and renowned Edna Valley American Viticultural Area. The property is just minutes away from acclaimed wineries, tasting rooms, and the verdant fairways of the SLO Golf & Country Club. With downtown SLO just 5 miles away and Pismo Beach within an 8-mile radius, convenience meets luxury here. Spanning 281 acres, Jack Ranch boasts a diverse agricultural landscape, including 156 acres under cultivation and protected by a perimeter deer fence. The vineyard encompasses 74 acres planted with a selection of premium grape varietals, including Chardonnay, Pinot Noir, Albariño, Grüner Veltliner, and Tempranillo. With a robust production history yielding an average of 4 tons/acre over the past decade, the vineyard presents a lucrative opportunity for the discerning vintner. Additionally, 67 acres of lemon groves in their 3rd year of growth offer a thriving revenue stream, with produce sold to renowned distributors such as Bee Sweet Citrus. The property benefits from Williamson Act status, ensuring reduced property taxes and long-term sustainability. Jack Ranch presents entitlements for 2 custom homes, along with 1 ADU. Accessible through the SLO Golf & Country Club gates, each homesite promises unrivaled privacy. With hookups available for county sewer and amenities such as water and natural gas on-site, building your dream home has never been more seamless. Plus, with no HOA, you have the freedom to design and construct to your heart's content. Completing the estate is a 3,200 sq ft metal shop/barn equipped with 3 bays and office space, ideal for storing equipment or pursuing hobbyist endeavors. Water security is ensured with 4 wells, each outfitted with electric-powered pumps and a substantial 500,000-gallon metal holding tank, providing ample supply for agricultural and residential needs.Whether you aspire to cultivate award-winning wines, bask in the tranquility of rural living, or simply indulge in the finest amenities of CA's Central Coast, Jack Ranch offers an unparalleled canvas for realizing your vision. Seize this opportunity to own a piece of paradise in one of the most coveted locales on the West Coast.

Property Details

Property Features

Listing Office:

  • Office Name: Christie's International Real Estate Sereno
  • Office Phone: (805) 441-7744
  • Listing Agent: Lindsey Harn

Exterior Features

Exterior Information:

  • View: Park, Golf Course, Hills, Panoramic, Vineyard

Virtual/3D Tour

  • Virtual Tour: 5502 Los Ranchos Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Orchard(s), Pasture
  • Lot Size: 281.10 Acres

Other

Directions Information:

  • Directions: Broad Street/ Route 227 to Los Ranchos Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,499,000

Tax Information:

  • Annual Amount: $21,215
  • Tax Year: 2021
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Housing Market Comparison

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

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San Luis Obispo, CA

City

Med. Sold Price

$999.2K

Med. Price/SqFt

$618

Avg. Days On Market

24

# of Sold Homes

37

5502 Los Ranchos Rd vs San Luis Obispo

222 DAYS ON ROCKET

+198 Days

$9,499,000

+$8.4M More

KEY TAKEAWAY

This property is $8.4M more than the Median Sold Price in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC24037500

Listing Office:

  • Office Name: Christie's International Real Estate Sereno
  • Office Phone: (805) 441-7744
  • Listing Agent: Lindsey Harn

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: 11/17/2024, 1:20:53 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

Apr 22, 2021Home Sold
$1,115,000
Mar 19, 2021Home Sold
$985,000
Mar 08, 2021Home Sold
$975,000
May 11, 2020Home Sold
$750,000
Feb 11, 2010Home Sold
$4,625,000
Jul 23, 1999Home Sold
$2,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,215$1,997,136
2020$87,409$8,221,159
2019$84,792$8,059,960
2018$84,793$7,901,923
2017$83,067$7,746,984

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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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-418356
7
/10

  • Los Ranchos Elementary School

  • 5785 Los Ranchos Rd

  • 0.40 miles

  • Public District Grades KG-6

school-card-donut-418357
7
/10

  • Sinsheimer Elementary School

  • 2755 Augusta St

  • 3.27 miles

  • Public District Grades KG-6

school-card-donut-418358
5
/10

  • Hawthorne Elementary School

  • 2125 Story St

  • 3.78 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,887. Most San Luis Obispo, CA residents have annual incomes between $100k-200k. The most common type of family is married, 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 5502 Los Ranchos Rd

What is the listing price of this property?

The listing price of 5502 Los Ranchos Rd property is $9,499,000.

What type of property is this?

The property 5502 Los Ranchos Rd is land located in San Luis Obispo, California, 93401.

Is this property for sale now?

Active Listing: 5502 Los Ranchos Rd 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 $21,215 (source: MLS/based on county public records data).

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

The last sale was on April 22, 2021 for $1,115,000. (source: MLS/tax record).

How much acreage is this property?

The property 5502 Los Ranchos Rd is 281.10 acres.
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Rocket Homes›California›San Luis Obispo County›San Luis Obispo›93401›5502 Los Ranchos Rd

This home is located at 5502 Los Ranchos Rd in San Luis Obispo, CA and zip code 93401. This home sits on a 281.10 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $9,499,000.

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. The number of listings in San Luis Obispo, CA decreased by 5.8% between September 2024 and October 2024. Listings spent 24 days on the market in October 2024, and had a median list price of $999,250 during the same period.

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

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