4 months on rocket

878 Lincoln St, San Luis Obispo, CA, 93405

$1,635,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,792 SqFt
$912/SqFt
House

Location

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878 Lincoln St, San Luis Obispo$1,635,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Attached Garage2 spaces
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceLiving Room
MLS #NS24142537
Lot Size0.12 Acres
StatusActive

About 878 Lincoln St

LOCATION. VIEWS. CHARM. Located in the highly sought-after Anholm district and originally built in the 1940s, this timeless single-level craftsman home offers stunning views of Madonna Mountain and is situated on a spacious corner lot. Beautifully updated over the years with modern upgrades, this home boasts an abundance of living spaces, including a fabulous open-concept kitchen/family room area with vaulted ceilings and a large center island. Adjacent to this space is a lovely window-lined bonus room with a separate exterior entry. The light-filled formal living room, skirted by custom cabinetry, features a bay window and fireplace focal point. This space connects seamlessly with the formal dining room where picturesque windows frame the mountain vistas. This 3-bedroom, 2.5-bath home offers a master suite that provides the ultimate private retreat with a vaulted ceiling, French door access to the bonus room, and an expansive master bath equipped with a spa-like tub and a separate shower. The 2 additional bedrooms are generously proportioned, filled with natural light, and offer scenic views. New carpeting graces the three bedrooms, living room, and dining room, enhancing the comfort and style throughout. A finished two-car garage provides both practical storage solutions and secure parking. Designed for low maintenance and surrounded by open spaces, the yard features much of the original brickwork, mature fruit trees, and secluded garden spaces. Conveniently located near downtown, with vibrant shopping and dining options and nearby award-winning schools, this idyllic property epitomizes the SLO lifestyle.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,792 SqFt

Listing Office:

  • Office Name: Treasured Estates Premier Properties
  • Office Phone: (805) 451-3999
  • Listing Agent: Shannon Collison

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Eat-in Kitchen
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US 101; San Luis Obispo.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,635,000
  • Price Per SqFt: $912/SqFt

Tax Information:

  • Annual Amount: $1,781
  • 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

878 Lincoln St vs San Luis Obispo

122 DAYS ON ROCKET

+98 Days

$1,635,000

+$635.7K More

$912/SqFt

+$294 More

KEY TAKEAWAY

This property is $635.7K more than the Median Sold Price and $294/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: #NS24142537

Listing Office:

  • Office Name: Treasured Estates Premier Properties
  • Office Phone: (805) 451-3999
  • Listing Agent: Shannon Collison

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, 10:21:03 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$1,781$174,698
2020$1,762$172,908
2019$1,655$164,616
2018$1,655$161,389
2017$1,622$158,226

History based on county public records data.

Payment Calculator

$8,228

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,968

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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-290223
5
/10
  • Pacheco Elementary School

  • 261 Cuesta Dr

  • 0.90 miles

  • Public District Grades KG-6

school-card-donut-290224
5
/10
  • Hawthorne Elementary School

  • 2125 Story St

  • 1.11 miles

  • Public District Grades KG-6

school-card-donut-290225
6
/10
  • Bishop's Peak Elementary School

  • 451 Jaycee Dr

  • 1.29 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,773. Typical income of San Luis Obispo, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 878 Lincoln St

What is the listing price of this property?

The listing price of 878 Lincoln St property is $1,635,000.

What type of property is this?

The property 878 Lincoln St is a house located in San Luis Obispo, California, 93405.

Is this property for sale now?

Active Listing: 878 Lincoln 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 $1,781 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 878 Lincoln St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 878 Lincoln St is 1,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 878 Lincoln St is 1940.

Rocket HomesCaliforniaSan Luis Obispo CountySan Luis Obispo93405878 Lincoln St

This home is located at 878 Lincoln St in San Luis Obispo, CA and zip code 93405. This 1,792 square foot home, which was built in 1940, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $1,635,000.

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. Between September 2024 and October 2024, San Luis Obispo, CA real estate market has seen decrease in the number of listings by 5.8%. 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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