31 Rafael Way, San Luis Obispo, CA 93405
31 Rafael Way, San Luis Obispo, CA 93405
Property Description
Bishop Peak views, classic SLO charm, and plenty of possibilities come together at 31 Rafael Way in San Luis Obispo. Situated on a 6,063 square foot lot, this 2-bedroom, 1-bath home offers 847 square feet of living space along with a garage, additional storage, and flexible bonus space. Inside, the inviting living room features a fireplace and vinyl flooring, while the adjoining dining area is surrounded by windows that bring in natural light. The kitchen features granite countertops, warm wood cabinetry, recessed lighting, tile flooring, and stainless steel appliances, including a gas range and built-in microwave. Even washing dishes comes with a view, with Bishop Peak visible right from the kitchen window. The home offers two bedrooms and a full bathroom, creating a comfortable and efficient floor plan within its 847 square feet. The bathroom features tile flooring and a tiled tub/shower surround. Beyond the main living area, an expansive bonus/storage space with skylights offers additional versatility for hobbies, projects, a workshop, or simply extra storage. A garage and multiple outdoor storage sheds provide even more room for tools, equipment, and belongings. Outside, the 6,063 square foot lot offers plenty of opportunity to reimagine the yard and create an outdoor space all your own. A covered outdoor area provides additional space to gather and enjoy the Central Coast climate, while beautiful views of Bishop Peak create a distinctly San Luis Obispo backdrop. Whether you're looking for a place to make your own or an investment opportunity in San Luis Obispo, 31 Rafael Way offers the chance to enjoy the SLO lifestyle with one of the area's most recognizable peaks right outside your door. Conveniently located near downtown SLO, Cal Poly, hiking trails, and parks, with the award-winning wineries of Edna Valley and beautiful Central Coast beaches just a short drive away. Don’t miss this opportunity to make 31 Rafael Way your own. Live the SLO Life!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
San Luis Obispo · Single Family Residence
Listed 6.4% above the median closed sale of $940,000. Closed comps sold at 104% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 137 E Foothill Boulevard | San Luis Obispo | 1953 | 3 | 1 | 1,003 | 6,300 | $936 | $939,000 | 20 | 84 |
| 2050 Hope Street | San Luis Obispo | 1941 | 3 | 2 | 992 | 3,675 | $1,084 | $1.07M | 60 | 79 |
| 11295 Los Osos Valley Road | San Luis Obispo | 1980 | 2 | 2 | 1,125 | 1,125 | $519 | $584,000 | 41 | 66 |
| Total: 3 · Average | 2.7 | 1.7 | 1,040 | 3,700 | $846.333 | $866,000 | 40.333333333333336 | |||
| Median | 1,003 | $939,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 785 Islay | San Luis Obispo | 1942 | 06/19/2026 | 2 | 1 | 853 | 4,320 | $995,000 | $995,000 | $1,166 | 1.00 | 99 | 92 |
| 25 Chorro | San Luis Obispo | 1957 | 05/15/2026 | 2 | 1 | 950 | 4,650 | $849,000 | $825,000 | $868 | 0.97 | 61 | 89 |
| 131 Ramona Drive | San Luis Obispo | 1953 | 07/29/2026 | 3 | 1 | 1,003 | 6,300 | $940,000 | $940,000 | $937 | 1.00 | 60 | 87 |
| 1837 Chorro St | San Luis Obispo | 1938 | 08/31/2026 | 2 | 1 | 702 | 4,386 | $1.10M | $1.10M | $1,567 | 1.00 | 53 | 86 |
| 1547 Phillips Street | San Luis Obispo | 1950 | 08/25/2026 | 2 | 1 | 700 | 7,500 | $699,000 | $861,000 | $1,230 | 1.23 | 14 | 86 |
| Total: 5 · Average | 2.2 | 1.0 | 841.6 | 5,431.2 | $944,200 | $944,200 | $1,153.6 | — | 57.4 | ||||
| Median | 853 | $940,000 | $940,000 | ||||||||||
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.