Sunset view from jacuzzi
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1854 Sydney Street, San Luis Obispo, CA 93401

$3.00M5bd · 8ba · 5,351 sqft
Lot 239,580 sqft•Single Family Residence•
Active
•226d on market•MLS# OC-25217429

Property Description

PRICE IMPROVEMENT Set on five private acres just minutes from downtown San Luis Obispo, this gated estate offers a rare combination of privacy, panoramic views, and convenience. Elevated above the city, the property captures sweeping vistas across San Luis Obispo and the surrounding foothills while remaining close to Edna Valley wine country, dining, shopping, and recreation. Designed to embrace its spectacular setting, the home is filled with natural light and oriented toward the views from nearly every major room. Cathedral ceilings, expansive windows, and multiple terraces create a seamless connection between indoor and outdoor living. The thoughtfully designed floor plan balances privacy, flexibility, and connection to the outdoors. The primary suite occupies its own wing and features a dedicated study, dual-sided fireplace, walk-in closet, and flexible bonus room with direct outdoor access. Three additional bedroom suites each open to a balcony, terrace, or patio, while the separate guest suite offers its own kitchen, full bath, private balcony, and a wall of windows overlooking the surrounding landscape. Three fireplaces throughout the home add warmth and character, while elevator access provides convenient connectivity between levels. The family room and kitchen flow naturally to the outdoor entertaining areas, where an outdoor kitchen, southwest-facing pool, and spa overlook rolling hills, open skies, and sparkling evening city lights. Mature trees and the property’s elevated setting create an exceptional sense of seclusion, yet downtown San Luis Obispo and everyday conveniences remain just minutes away. Additional features include owned solar, central vacuum, RV hookups, automatic gated entry, fire sprinkler system, private well, and a septic system with recent clearance. Few properties combine five private acres, panoramic views, and such close proximity to downtown San Luis Obispo. 1854 Sydney presents a rare opportunity to experience the privacy and tranquility of a hillside estate while remaining connected to the dining, recreation, wine country, and distinctive Central Coast lifestyle that make San Luis Obispo so desirable.

Features & Amenities

FeeBuilt 1997

Property Details

Land Type
Fee
Year Built
1997
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Zoned, Central
Cooling
See Remarks
View
City Lights, Hills, Landmark, Mountain(s), Panoramic
Flooring
Carpet, Wood
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byLuxre Realty, Inc., Richelle deJong

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,159.52
Principal & Interest
Loan Amount
$2,398,400
Total Interest
$3,059,027
Total Payment Over 30 Years
$5,457,427
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 4 active · 0 closed

1854 Sydney Street, San Luis Obispo, CA 93401

San Luis Obispo · Single Family Residence

$3.00M
Luxury Tier
Beds
5
Baths
8
Sqft
5,351
Lot
5.50 ac
Year
1997
$/Sqft
$560
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 3-car✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $3.00M· $560/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $4.00M
−$997K (−25.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $890
−$330 (−37.0%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4340 Prefumo CanyonSan Luis Obispo2021454,463225,205$829$3.70M17280
4340 Prefumo Canyon RoadSan Luis Obispo2022454,463201,682$1,311$5.85M122872
1220 BassiSan Luis Obispo1996455,907115,434$575$3.40M4654
6835 Avila Valley DriveSan Luis Obispo1990554,74091,912$843$4.00M1153
Total: 4 · Average4.35.04,893.25158,558.25$889.5$4.24M364.25
Median4,740$4.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.