
1560 Phillips Lane, San Luis Obispo, CA 93401
1560 Phillips Lane, San Luis Obispo, CA 93401
Property Description
Welcome to 1560 Phillips Lane, a 1952 Cape Cod–style home tucked into the San Luis Obispo foothills near the Mill Street Historic District and within walking distance of Cal Poly. With its dormer windows, inviting front porch, established setting, and mountain views, the home offers an appealing urban cottagecore feel—classic cottage character with the convenience of an in-town location. Never before on the market, the home was built from L. F. Garlinghouse Company Plan No. 5035 and retains many of its original architectural details. The approximately 1,407 sq. ft. main residence features three bedrooms, one and a half baths, a formal dining room, kitchen with breakfast area, and attached one-car garage. Recent improvements include refinished original hardwood floors, fresh interior and exterior paint, new kitchen and laundry room flooring, updated bathrooms, a new range and microwave, and a tankless water heater. Outside, improvements include a new driveway, front-yard irrigation, refreshed landscaping, new gates, and an updated redwood front porch. The home offers the next owner an opportunity to continue the improvements. Also on the property is an original permitted secondary structure dating to the 1940s, offering approximately 441 sq. ft. of bonus space with a half bath. Recently improved with new flooring and fresh interior and exterior paint, this versatile space offers potential for a future ADU, extended living area, home office, studio, or guest space. Buyers should check with the City regarding requirements and permitting for their intended use. The spacious yard provides room for outdoor living, gardening, and entertaining. With its cottage character, in-town setting, recent improvements, and versatile secondary structure, 1560 Phillips Lane offers a unique combination of vintage charm and possibilities for the future.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Luis Obispo · Single Family Residence
Listed 3.6% above the median closed sale of $1,350,000. Closed comps sold at 102% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 133 Tassajara | San Luis Obispo | 1944 | 3 | 3 | 1,694 | 5,251 | $708 | $1.20M | 26 | 87 |
| 195 Tango Way | San Luis Obispo | 2024 | 3 | 3 | 1,710 | 4,657 | $555 | $949,000 | 84 | 81 |
| 213 Kitty Hawk Court | San Luis Obispo | 2026 | 3 | 3 | 1,811 | 3,749 | $568 | $1.03M | 71 | 80 |
| 615 Grove Street | San Luis Obispo | 1939 | 3 | 3 | 1,748 | 6,098 | $958 | $1.68M | 47 | 79 |
| 1284 Oceanaire Drive | San Luis Obispo | 1970 | 3 | 2 | 1,891 | 6,422 | $494 | $935,000 | 5 | 78 |
| Total: 5 · Average | 3.0 | 2.8 | 1,770.8 | 5,235.4 | $656.6 | $1.16M | 46.6 | |||
| Median | 1,748 | $1.03M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 957 West Street | San Luis Obispo | 1958 | 07/28/2026 | 3 | 2 | 1,881 | 6,160 | $1.69M | $1.73M | $920 | 1.02 | 33 | 88 |
| 1330 Oceanaire Drive | San Luis Obispo | 1967 | 09/01/2026 | 2 | 3 | 1,881 | 7,200 | $1.38M | $1.42M | $755 | 1.03 | 46 | 86 |
| 1351 Avalon Street | San Luis Obispo | 1963 | 08/31/2026 | 3 | 2 | 1,665 | 6,000 | $925,000 | $935,000 | $562 | 1.01 | 39 | 85 |
| 844 Escuela Court | San Luis Obispo | 1985 | 09/30/2026 | 3 | 3 | 1,700 | 7,405 | $1.19M | $1.16M | $679 | 0.97 | 94 | 84 |
| 321 Tolosa Way | San Luis Obispo | 1951 | 10/02/2026 | 3 | 2 | 1,652 | 7,333 | $1.29M | $1.35M | $817 | 1.04 | 27 | 79 |
| Total: 5 · Average | 2.8 | 2.4 | 1,755.8 | 6,819.6 | $1.32M | $1.32M | $746.6 | — | 47.8 | ||||
| Median | 1,700 | $1.35M | $1.35M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.