A rare San Luis Obispo opportunity in the highly desirable area locals know as the “Banana Belt,” set on a generous 6,534 +/- square foot lot. This property has been held by the same ownership for more than 50 years and is now being offered for sale for the first time in decades. The property features a 3-bedroom, 1-bath main residence of approximately 1,006 square feet, plus a detached bedroom, 1-bath unit of approximately 400 square feet. The detached unit provides exceptional flexibility for extended family, guests, a home office, or potential rental use, subject to applicable requirements. The main residence has been refreshed with beautifully refinished hardwood floors, fresh interior paint, and updated LED ceiling light fixtures. The combination of the main home and the detached unit creates a versatile property configuration that is increasingly difficult to find in SLO. Located in the desirable Banana Belt, the property is conveniently situated near Cal Poly, downtown SLO, restaurants, shopping, parks, and outdoor recreation. San Luis Obispo offers the ideal combination of a vibrant university-town atmosphere and relaxed lifestyle of the Central Coast.
Property Details
Price:
$949,000
MLS #:
SC26205498
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
slosanluisobispo
Listed Date:
Sep 21, 2026
Finished Sq Ft:
1,406
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1953
See this Listing
Schools
School District:
San Luis Coastal Unified
High School:
San Luis Obispo
Interior
Appliances
Water Heater, Refrigerator, Range Hood, Gas Range
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Vinyl
Heating
Natural Gas, Forced Air, Wall Furnace
Laundry Features
In Garage
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Accessibility Features
None
Common Walls
No Common Walls
Community Features
Curbs
Construction Materials
Plaster, Stucco, Brick Veneer
Covered Spaces
2
Exterior Features
Rain Gutters
Fencing
Wood, Average Condition
Garage Spaces
2
Lot Features
Sprinklers In Front, Corner Lot, 0-1 Unit/Acre, Sprinklers Timer, Sprinklers Drip System, Sprinkler System
Open Parking YN
1
Parking Features
Garage, Concrete, Driveway Down Slope From Street, Garage – Single Door, Garage Faces Front, Driveway
Parking Spots
2
Parking Total
2
Roof
Asbestos Shingle
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System
Spa Features
None
Stories
1
View
None
Window Features
Double Pane Windows, Screens
Financial
Map
Community
- Address2049 Sierra Way San Luis Obispo CA
- SubdivisionOther (OTHR)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
Market Summary
Current real estate data for Single Family in San Luis Obispo as of Oct 19, 2026
204
Single Family Listed
181
Avg DOM
626
Avg $ / SqFt
$1,003,624
Avg List Price
Property Summary
- Located in the Other (OTHR) subdivision, 2049 Sierra Way San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $949,000 and features 3 beds, 1 baths, and has approximately 1,406 square feet of living space, and was originally constructed in 1953. The current price per square foot is $675. The average price per square foot for Single Family listings in San Luis Obispo is $626. The average listing price for Single Family in San Luis Obispo is $1,003,624. To schedule a showing of MLS#sc26205498 at 2049 Sierra Way in San Luis Obispo, CA, contact your Outland and Associates Real Estate agent at 8054813939.
Similar Listings Nearby
Courtesy of McNamara Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2049 Sierra Way
San Luis Obispo, CA