418 Cuesta Drive, San Luis Obispo, CA 93405

$950,000 Asking Price

3 beds
2 baths
1,195  sqft
Built in 1953

Discover the hidden gem you've been searching for! Situated conveniently near Cal Poly, this 3-bedroom, 2-bathroom residence boasts a flexible and well planned layout. But its setting and plot are really the outstanding features. The expansive backyard, offers breathtaking views of the San Luis Mountains. It feels secluded from neighboring homes while a beautiful oak creates a canopy of tranquil shade. This spacious lot could accommodate the addition of an Accessory Dwelling Unit (ADU). And because of the way the property is set on this sizeable plot there is also the potential for expansion and customization. The creation of additional living space, a separate rental unit, a home office, or any other purpose suited to your needs. The presence of an ADU can enhance the property's value and flexibility, making it an enticing prospect for homeowners seeking both space and investment potential. While this home awaits your personal touch with some updating, its potential shines brightly; with a separate bedroom area, an internal laundry and large integrated garage. This property presents an excellent investment opportunity due to its proximity to Cal Poly. Although an obvious candidate for student housing, the situation in this lovely neighborhood with a number of single family homes means it would appeal to different types of buyers. This property stands out as a promising investment opportunity with its location, lot size and flexibility. With the new academic year fast upon us, don't miss out.


Features & Amenities

Interior

Appliances:
Electric Range
Laundry:
Inside
A/C:
false, None
Heating:
true, Forced Air
Fireplace:
Living Room, Fireplace

Exterior

General:
None
Pool:
None
Parking:
Garage, Parking spaces: 1

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
San Luis Coastal Unified
County:
San Luis Obispo

Lot

Zoning:
052413003
View:
Mountain(s),Neighborhood,Trees/Woods, View

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Christie's International Real Estate Sereno, Lindsey Harn

About San Luis Obispo, CA

Housing

Number of Units
25,677
Median Home Value
$720,160
Median Rent
$1,496

52.79% of housing units are renter occupied.

8.94% are vacant.

Commute

Car
53.93%
Public Transportation
1.46%
Walk to Work
9.23%
Work from Home
31.00%
Other
0.10%

The median travel time to work is 11 minutes.

People

Population
67,371
Median Age
32.80
Median Household Size
2.60

Education

High School
15.67%
Associate’s Degree
7.77%
Bachelor’s Degree
26.33%
Graduate Degree
20.81%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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