93401 Homes under $2 million

Welcome to the charming community of San Luis Obispo, California, nestled in the heart of San Luis Obispo County and proudly bearing the zip code 93401. Known for its stunning natural beauty, vibrant downtown, and rich cultural heritage, this area offers a unique blend of small-town charm and modern amenities, making it an ideal place to call home.

San Luis Obispo, often affectionately referred to as SLO, boasts a mild Mediterranean climate, perfect for year-round outdoor activities. From hiking the picturesque trails of Bishop Peak to savoring the local flavors at the bustling farmers' market, residents enjoy a lifestyle that celebrates both adventure and relaxation. The city is also home to California Polytechnic State University, which contributes to its youthful energy and diverse community.

For those seeking to invest in their dream home without breaking the bank, the 93401 area offers an impressive selection of properties under $2 million. Whether you're looking for a cozy bungalow, a modern family home, or a charming cottage with character, there are options available that cater to a variety of tastes and lifestyles. Many of these homes feature beautiful gardens, spacious layouts, and easy access to local amenities, ensuring you can enjoy the best that San Luis Obispo has to offer.

With a strong sense of community, vibrant cultural events, and stunning scenery, San Luis Obispo is more than just a place to live—it's a lifestyle. Explore the possibilities that await you in this delightful corner of California!

Newest 93401 Homes under $2 million

$1,950,000

5 Beds ⋅ 3 Baths ⋅ SC26229849 MLS ⋅ Active Status

Rare Creekside opportunity on desirable San Luis Drive! In one of San Luis Obispo's most sought-after neighborhoods, this spacious single-level home offers an exceptional setting with 4 to 5 bedrooms, a welcoming living room with a large picture window, and a generous dining area with wonderful mountain views! The property enjoys a private backyard overlooking a peaceful creekside, with a charming brick patio that flows onto an expansive deck, creating a wonderful setting for outdoor dining, entertaining, or simply relaxing and enjoying the natural surroundings. Just minutes from downtown San Luis Obispo, this highly desirable location offers the perfect combination of convenience, natural beauty, and neighborhood charm.

1690 San Luis, San Luis Obispo

3860 S Higuera Street Unit 124, San Luis Obispo

$375,000

3 Beds ⋅ 2 Baths ⋅ PI26228505 MLS ⋅ Coming Soon Status

Built in 2018 and cherished by its original owner, this well-maintained home offers modern comfort, low wear-and-tear, and an inviting sense of care throughout. Location convenience to SLO’s Public Market and Trader Joe’s, with quick access to freeway entrances, 10 minutes to downtown, major retail, and just 15 minutes to the beach. Cal Poly University is also nearby, making this an exceptional Central Coast location. Inside, the home features natural light, an open-concept living area, and a kitchen designed for those who love to cook. The oversized Corian top island with custom cabinetry seats up to four and anchors the space beautifully. A walk-in pantry is conveniently tucked behind the laundry room door, offering abundant storage. Ceiling fans in every room. The living room showcases a step-up inverted ceiling and a peaceful view of the quaint outdoor yard, softly lit in the evenings by solar strand lights. Down the hall are three bedrooms and two bathrooms, plus a hall closet. One bedroom features a custom hand-painted sunray accent wall, walk in closet and glow in the dark star gaze, while the primary suite mirrors the inverted ceiling detail, includes a walk-in closet, and offers a spacious bathroom. Outside, enjoy a gated yard, covered deck, grassy area with a lemon tree, an outdoor walk-in shed, and additional weather-resistant storage—perfect for gardening, hobbies, or seasonal items. This low maintenance home is ideal as a primary residence or second home. Park approval is required.

3860 S Higuera Street Unit 124, San Luis Obispo

$1,450,000

3 Beds ⋅ 3 Baths ⋅ SC26228043 MLS ⋅ Active Status

This 3 bedroom, 3 bathroom home in one of the most desirable neighborhoods in SLO boasts views, privacy, and space for those looking to live the SLO life. Located in the Banana Belt, this home has the end of the street all to itself; a quiet enclave with views from the backyard of Madonna and Bishop’s Peak. Inside, you’ll find master and junior suites each with their own attached bathroom and walk-in shower. Hardwood floors throughout keep the original charm while an updated kitchen creates a functional space for cooking with newer appliances and versatile storage systems within the cabinetry. The living room is filled with natural light and the sunken family room provides a large space with access to the covered patio out back, perfect for indoor/outdoor entertaining. The backyard has something for everyone, offering a putting green, patio space, fruit trees, storage shed, and a workshop! The house is kept cool with central AC and the electricity bills are kept low with a leased solar system from Tesla. The 2 car garage, driveway, street parking, and spacious RV parking on the side provide ample space for vehicles. 1300 Kentwood is a rare gem and could be yours today!

1300 Kentwood, San Luis Obispo

$595,000

1 Beds ⋅ 1 Baths ⋅ SC26227427 MLS ⋅ Active Status

FIXER-UPPER – GREAT INVESTMENT OPPORTUNITY! Attention investors, contractors, and builders! This property is a total fixer-upper with tremendous potential for the right buyer. Situated on a 50' x 100' lot (5,000 sq. ft.), the property is zoned R-2, offering potential development opportunities, subject to city approval and zoning requirements. The existing home is in need of extensive repairs and renovations. Bring your vision and creativity to transform this property! PROPERTY IS BEING SOLD STRICTLY AS IS, IN ITS PRESENT CONDITION. Seller will make no repairs.

2046 King, San Luis Obispo

$1,125,000

3 Beds ⋅ 1 Baths ⋅ SC26223899 MLS ⋅ Active Status

Mid-century charm takes on a fresh perspective in San Luis Obispo. Built in the 1950s, this three-bedroom home pairs timeless character with thoughtful updates that bring new life to its classic style. Warm wood flooring, large windows, and a red-brick fireplace set the tone in the inviting living area, where the kitchen connects naturally with the main gathering space. Recent improvements include fresh interior and exterior paint, updated baseboards and window trim, new light fixtures, and refreshed finishes throughout. Two bedrooms feature updated closet storage, including a walk-in closet in the primary bedroom, while the third retains its original built-in cabinetry for a touch of vintage character. Major upgrades include a new roof, a ductless mini-split system providing heating and air conditioning, upgraded electrical service with a solar-ready panel, and improvements to the plumbing, windows, doors, and bathroom. The home also features a new concrete back patio, new front porch steps, and brand-new electric washer and dryer. Outside, refreshed landscaping and a fully fenced backyard complement the spacious lot, offering room to garden, entertain, play, or explore future possibilities. The extended driveway provides additional parking, and the property may offer potential for an ADU, subject to applicable City and County requirements. Just two blocks from Sinsheimer Park, enjoy access to tennis and basketball courts, a swimming pool, playground, picnic areas, and baseball diamonds. Nearby schools, Terrace Hill Open Space, downtown San Luis Obispo, and Cal Poly round out a location that makes it easy to enjoy all that SLO has to offer. Whether you're looking for a home with personality, a place to put down roots, or an investment with room to grow, 1411 Sydney Street offers an appealing combination of mid-century character, meaningful improvements, and a generous outdoor setting in a desirable San Luis Obispo neighborhood.

1411 Sydney Street, San Luis Obispo

581 Higuera Street Unit 406, San Luis Obispo

$985,000

1 Beds ⋅ 1 Baths ⋅ SC26225512 MLS ⋅ Active Status

Reach out about our new Loan Rate Buy-Down Offer! Welcome to Brickhouse at San Luis Square, centrally located in the heart of Downtown San Luis Obispo just steps from restaurants, shops, cafes, the weekly farmers market, and more. Brickhouse is a 29-unit condominium community offering single-level living with a thoughtful blend of comfort, quality, and modern convenience. Designed with ease of ownership in mind, Brickhouse is well suited for a primary residence, second home, or vacation retreat. With no yard to maintain and secure underground parking, owners can enjoy a true lock-and-leave lifestyle while staying connected to everything downtown San Luis Obispo has to offer. Homes feature well-designed floor plans ranging from open-concept and flex one-bedroom layouts to two-bedroom residences and penthouse suites, many with views of Cerro San Luis, Terrace Hill, and the downtown cityscape. Extra care was taken to maximize natural light and provide enhanced soundproofing between units and from exterior noise, creating a quiet and comfortable urban retreat. Interior finishes include luxury vinyl plank flooring, solid-core cabinetry, Silestone quartz countertops, GE Café appliances, and premium tiled showers. Homes also feature double-pane windows, walk-in closets, and pre-wiring for data and fiber internet. All residences offer substantial balconies, with select units featuring wraparound decks for expanded indoor-outdoor living. An elevator provides access to all levels, and secure on-site underground parking is included. Remaining residences currently available include Units 202 and 210, offering two bedrooms and two bathrooms, and Units 309, 406, and 408, featuring one-bedroom open-concept floor plans. All remaining residences are move-in ready. For more information, pricing, floor plans, or details on the remaining residences, reach out to us directly or stop by the sales office at 586 Higuera Street, Suite 200, open Thursday through Sunday from 12 to 4 PM or by appointment.

581 Higuera Street Unit 406, San Luis Obispo

$735,000

3 Beds ⋅ 1 Baths ⋅ SC26223904 MLS ⋅ Active Status

An exciting opportunity to acquire a sizable infill parcel in San Luis Obispo with potential for future redevelopment. Zoned R-2, this property offers possibilities for investors, builders, and developers seeking land in an established residential area. The existing residence dates to approximately the 1920s, with the primary value in the land. The underlying zoning may provide flexibility for future parcel division or redevelopment, subject to City requirements and approval. Potential development may require additional site improvements and infrastructure. Buyers are encouraged to independently verify zoning, permitted uses, parcel division potential, and development feasibility with the City of San Luis Obispo. Conveniently located near neighborhood shopping, grocery stores, restaurants, parks, and other everyday amenities, the property also offers access to downtown San Luis Obispo, Cal Poly, and major local routes. Enjoy the appeal of an established neighborhood with convenient connections to employment, education, recreation, and the broader Central Coast lifestyle.

3280 Rockview Place, San Luis Obispo

$1,590,000

5 Beds ⋅ 5 Baths ⋅ 226004897 MLS ⋅ Active Status

A Rare SLO Find: Character, Flexibility & Income Potential in the Desirable Banana BeltDiscover a unique opportunity in San Luis Obispo's desirable Banana Belt, conveniently located near French Hospital, Sinsheimer Park and Elementary, SLO High and Terrace Hill hiking trails. This distinctive property blends Craftsman charm and architectural character in the main house with a newly built, modern ADU. Offering exceptional flexibility for multigenerational living, extended guests, or potential rental income, the property sits on a generous ~7,500-square-foot lot. Perched above the street, mature landscaping and a fully fenced yard create a surprisingly private setting to enjoy spectacular sunsets, watch fireworks from nearby SLO Blues games, or unwind in the elevated hot tub retreat.Main House Features: - 3 bedrooms, 2 bathrooms, a dedicated laundry room, and a two-car garage. - Architectural character featuring sculptural details, graceful arches, fresh bedroom carpeting, and imported Italian porcelain flooring that offers the look of hand-pressed Saltillo tile while offering high durability. - Thoughtfully designed kitchen with a custom laid mosaic backsplash, butcher-block countertops, copper sink, custom soft close cabinetry with pullouts, stainless steel appliances, and under-cabinet lighting. - Beautifully detailed bathrooms showcasing purpleheart wood framing Italian Carrara marble in the hall bath and a matching floor-to-ceiling marble shower in the primary suite, with soft close cabinetry in each.- Private primary suite entrance from the backyard, with convenient access to the elevated hot tub retreat.Private ADU Features:- Approximately 1,000-square-foot, newly built, light-filled 2-bedroom, 2.5-bath ADU with its own address, attached at the corner of the main house with minimal shared interior walls for added privacy. - Luxury vinyl plank flooring throughout, two matching upstairs bedrooms with ensuite bathrooms and soaking tubs, and west-facing sunset views from the living areas, bedrooms, and brand-new redwood deck.-Custom, soft close cabinetry and a gorgeous handcrafted mahogany burlwood center island.Energy Efficiency & Comfort-Owned solar system that has historically offset electricity usage, often resulting in utility credits when production exceeds usage.-Mini-split heating and cooling in every bedroom and both living rooms for individualized comfort throughout both living spaces.- Dual-pane windows for improved energy efficiency and sound insulationIncome Potential: Estimated ADU rental potential of $3,500+ per month. Historical annual income of approximately $25,000 from operating the primary suite as an Airbnb Homestay. Potential for Homestay use of the attached ADU, subject to City of San Luis Obispo regulations and approval. Buyers to independently verify rental estimates, permitting, eligibility, owner-occupancy requirements, and allowable future uses.

1602 Sydney Street, San Luis Obispo

$775,000

3 Beds ⋅ 3 Baths ⋅ PI26221279 MLS ⋅ Active Status

Welcome to Righetti Ranch, where modern farmhouse design meets the relaxed Central Coast lifestyle. Located in one of San Luis Obispo's most sought-after communities, this beautifully appointed 3-bedroom, 2.5-bath townhome offers stylish, low-maintenance living with an open-concept floor plan designed for everyday comfort and effortless entertaining. The light-filled kitchen features quartz countertops and flows seamlessly into the dining and living areas, creating an inviting space to gather with family and friends. Throughout the home, you'll appreciate the durability and contemporary appeal of hard-surface flooring, with luxury vinyl plank flooring throughout the main living areas and bedrooms, complemented by tile flooring in the bathrooms and laundry room, offering both style and easy maintenance with no carpet. Upstairs, the spacious primary suite features a large walk-in closet and a spa-inspired ensuite, while two additional bedrooms, a full bath with dual vanities, and a conveniently located laundry room complete the second level. Enjoy everything Righetti Ranch has to offer, including scenic hiking and biking trails, open space, rolling hillside views, and a future community park just moments away. Conveniently located near downtown San Luis Obispo, Cal Poly, shopping, restaurants, Edna Valley wineries, top-rated schools, and the San Luis Obispo Regional Airport, this exceptional Righetti Ranch home offers the very best of Central Coast living.

1037 Tiburon Way, San Luis Obispo

$1,785,000

3 Beds ⋅ 3 Baths ⋅ SC26209907 MLS ⋅ Active Status

Picture a redwood house surrounded by oaks and manzanitas at the top of Squire Canyon—on nearly 7 acres with virtually no one in sight, and a view to die for. Designed by early solar pioneers and built by local green builders in 1987, this single-level home has been lovingly lived in by its original owners ever since. It stretches in a long, easy curve along a west-facing ridge, perched on piers set in solid rock, with the hillside left wild by design. Inside, 2,046 sq. ft. hold 3 bedrooms and 2.5 baths. The open living area flows from the kitchen to breakfast bar, dining room, a cozy nook, and down into a sunken living room, with a separate family room. The primary suite has its own dressing and sitting room, and yes, one bath has a sparkling clawfoot tub. High knotty pine ceilings throughout, light oak cabinetry, and a mix of hardwood, travertine, and bamboo floors keep things warm and natural, while hidden soffit lighting gives the kitchen a soft glow after dark. This house was clever about energy long before it was trendy. A solar trombe wall soaks up winter sun, big skylights warm the interior walls, and a handsome glass-front wood stove makes a great spot for your coffee on foggy mornings. Two little Jotul stoves add extra coziness in the family room and primary bedroom. When the power goes out down the hill, the owned 24-panel solar system with 3 batteries keeps the lights on up here. A community well shared with four other households has run strong for over 40 years, and there's R.O. filtered water right at the kitchen sink. Every room has a view, and 2 double and 7 single French doors practically beg you to step out onto the wraparound redwood deck. Pick one of the four sitting areas depending on your mood: sunny or shady, breezy or calm, long view or close-up. Then settle in for the show. Wildflowers roll in with spring, deer and birds wander through, fog pours over the hills, sunsets go through every color, and on clear nights the stars feel close enough to touch. Add a laundry room, plenty of storage, and a freshly paved driveway with room for friends, and you're set. The best part? It all feels a world away, yet Avila Beach is just 5 miles down the road and San Luis Obispo is only 10 minutes north, with beaches, trails, golf, wineries, farm stands, and great food close by.

456 Squire Canyon Road, San Luis Obispo

$1,050,000

3 Beds ⋅ 4 Baths ⋅ PI26217154 MLS ⋅ Active Status

New Construction ready for move in. Welcome to The Collective at Righetti — a limited collection of four thoughtfully designed live/work residences in the heart of Righetti. Blending modern living with flexible street-level professional office space, these homes are ideal for entrepreneurs, creatives, and professionals seeking the convenience of living and working under one roof. Each residence offers 3 bedrooms and 2.5 baths across the second and third levels, plus a versatile ground-floor office, studio, or optional 4th bedroom with a full bath. Designed with contemporary finishes throughout, the interiors feature quartz countertops in kitchens and baths, full-height tile backsplashes in kitchens, LG stainless steel appliances, Melamine Thermo Composite (MTC) flooring in the main living areas, carpeted bedrooms, and designer tile in baths and laundry areas.

1194 Tiburon Way, San Luis Obispo

$929,738

3 Beds ⋅ 3 Baths ⋅ SC26216081 MLS ⋅ Active Status

Introducing the Islay Plan 3 Homesite #318 at Avila Ranch — a spacious two-story home offering 1,708 sq. ft. of modern living. The open-concept main level features a large great room, dining area, and a thoughtfully designed kitchen with pantry, appliances, and a generous center island. Upstairs, the Owner’s Suite includes a walk-in closet and dual-sink vanity. Two secondary bedrooms share a full bath, and a conveniently located laundry room with nearby storage adds everyday functionality. Designed for today’s lifestyle, this home blends comfort, style, and efficiency in a desirable Avila Ranch community setting.

282 Memphis Belle Way, San Luis Obispo

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

93401 Homes under $2 million

Newest 93401 Homes under $2 million

How much is your home worth?

How much is your home worth?