CnC Realty
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$1,750,000

31 Hathway Avenue

San Luis Obispo, CA 93405

Under Contract

4

Beds

4

Baths

3,200

Sq. Ft.

1988

Year Built

San Luis Obispo

County

SingleFamilyResidence

Property Type

About this home

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.

Listed by Kim Phillips · DRE #01996202 · Central Coast Sotheby's International Realty
MLS #1179560887
ListedAug 10, 2026

Property Details

Architecture

Stories2
StyleContemporary
Total Units1
RoofFlat
Garage Spaces2
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesBreakfast Bar, Balcony, Cathedral Ceilings, Eat In Kitchen, In Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Storage, All Bedrooms Down, Primary Suite, Walk In Closets
Exterior FeaturesN/A
FlooringCarpet, Tile, Wood
CoolingNone
HeatingCentral, Forced Air, Fireplaces, Natural Gas
FireplaceFamily Room
LaundryElectric Dryer Hookup, Gas Dryer Hookup, Inside
Parking FeaturesDriveway, Garage, On Site
Parking Total2
Patio & PorchRear Porch, Deck, Front Porch, Wood, Wrap Around
Entry Level1
Entry Location1
Common WallsNo Common Walls

Property Features

Lot Size0.25 ac
Lot FeaturesZero To One Unit Acre, Back Yard
ViewMountains, Creek Stream
DirectionsFrom California Boulevard, take Hathway Avenue toward Cal Poly. Property will be on the left.

Community

AreaSLO - San Luis Obispo
School DistrictSan Luis Coastal Unified

Tax & Financial

TermsCash, Cash To New Loan, Conventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$9,314/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:00 PM

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