$1,199,000

217 Broad Street

San Luis Obispo CA, 93405

Description

Choice property located in one of the most desirable locations in SLO. This 13,000+ sqft street to street lot, with frontage on both Broad St and Mission Lane, offers multiple possibilities. A detached 500 sqft cottage to the rear of the main house comes complete with a wet bar and full bath, making it perfect for supplemental rental income, or as a great jumping-off point for future development. The largely undeveloped top half of the property has panoramic views of the SLO Valley, the Cal Poly campus, and surrounding mountains. These amazing views, coupled with access off Mission Lane, give this parcel great lot split potential. Perched above Broad St and nestled behind several trees, the main house feels surprisingly private. An enormous front porch, Dutch front door, curved ceilings, and brick fireplace all lend to the original charm of this early 1900s redwood home, while meticulous upgrades give you peace of mind. All waste lines and the sewer lateral have been replaced continuously to the center of Broad. The bathroom, kitchen, and laundry all have new fixtures and appliances. The roof on the main house has recently been replaced and the foundation completely redone. Additional upgrades include a new water heater, electrical, newer dual pane windows in the main house, and fencing. To top it all off, this property is located within minutes of downtown SLO and sits at the base of Cerro San Luis Obispo, offering some of the areas best hiking, running, and biking trails!

Details

MLS#NS20193904
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1926
Days On Site37

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,512
Story(s)2 Story
Acreage0.30
Property ViewYes

Market Activity 93405

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Area Information
StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93405
AreaSLO - San Luis Obispo
Community NameSan Luis Obispo(380)
School DistrictSan Luis Coastal Unified
Listing VS Median (in San Luis Obispo(380))
Price:
$1,199,000
low | high
Med:
$795,750
83.632193494579% of Average
SqFt:
1,512
low | high
Med:
1,174
72.354497354497% of Average
$ / SqFt:
$793
low | high
Med:
$678
64.459819134257% of Average
On Site:
37
low | high
Med:
160.5
23.052959501558% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 1,000 - 1,500
Listing Updated: 10/23/2020
Ian Chandler LogoMLS Number: NS20193904
Listing Provided By:
Ian Chandler  of  Home Ranch Sothebys Intl
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.