31 Hathway Avenue, San Luis Obispo, CA 93405 (MLS # NS26173924)

Price $1,949,000
Status Active
Beds 4
Baths 3.5 Baths
Home size 3,200 sqft
Lot Size 10,890 sqft
Days on Market 1
It's hard to get much closer to Cal Poly than this. Located directly adjacent to campus, this approximately 3,200 square foot custom home offers an incredible combination of space, flexibility, parking, and location in the heart of San Luis Obispo. Owned by the original owners since it was built, the home features soaring ceilings, an abundance of natural light, hardwood floors, a fireplace, and a layout that opens to multiple decks and outdoor living areas. Surrounded by mature trees, the property feels surprisingly private given its proximity to campus. Enjoy views of Bishop Peak and Madonna Mountain from the upper deck, while a year round creek winds through the backyard below, creating a peaceful setting that feels worlds away from its convenient in town location. The floor plan includes three bedrooms plus a large lower level fourth bedroom or bonus space with its own kitchenette, full bathroom, and separate exterior access. This flexible configuration opens the door to a variety of uses, including multigenerational living, guest quarters, a private home office, or additional living space. The location and layout also make this an especially compelling investment opportunity. With Cal Poly just steps away, the home is ideally positioned for student housing or those wanting immediate access to campus. A two car garage plus on street residential parking permits add significant convenience in an area where parking is at a premium. With a versatile floor plan, creekside setting, mountain views, multiple outdoor living spaces, and an unbeatable location next to Cal Poly, this is a property with tremendous potential. Move in and enjoy it as it is, update it over time, or reimagine the spaces to fit your needs.
Property Type(s): Single Family
Last Updated 8/10/2026 Tract San Luis Obispo(380)
Year Built 1988 Community SLO - San Luis Obispo
Garage Spaces 2.0 County San Luis Obispo

SCHOOLS

High School San Luis Obispo

Additional Details

AIR None
APPLIANCES Dishwasher, Gas Cooktop, Gas Oven
AREA SLO - San Luis Obispo
CONSTRUCTION Wood Siding
EXTERIOR Balcony
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Central, Fireplace(s), Forced Air, Natural Gas
INTERIOR Breakfast Bar, Cathedral Ceiling(s), Eat-in Kitchen, In-Law Floorplan, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
LOT 0.25 acre(s)
LOT DESCRIPTION Back Yard
LOT DIMENSIONS 10890
PARKING Attached, Driveway, Garage, On Site
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Contemporary
SUBDIVISION San Luis Obispo(380)
UTILITIES Electricity Connected, Natural Gas Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Mountain(s), Creek/Stream
WATER Public

Location

 

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Listed with Central Coast Sotheby's International Realty

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