93405 Homes under $1.25 million

Welcome to the charming community of San Luis Obispo, California, nestled in the heart of San Luis Obispo County. The 93405 zip code is a vibrant and inviting area known for its stunning landscapes, rich history, and a strong sense of community. With its picturesque backdrop of rolling hills and the iconic San Luis Obispo mountains, this region offers a perfect blend of natural beauty and urban convenience.

For homebuyers seeking affordability without sacrificing quality of life, the 93405 zip code presents an exciting opportunity. Here, you can find a diverse selection of homes priced under $1.25 million, making it an ideal location for families, professionals, and retirees alike. From charming bungalows to modern townhomes, the real estate options cater to a variety of tastes and lifestyles.

Living in 93405 means you’re just a stone’s throw away from the vibrant downtown area, where you can explore an array of boutique shops, delightful eateries, and local wineries. The famous Farmers' Market, held weekly, showcases the region's agricultural bounty and fosters a sense of community among residents. With access to beautiful parks, hiking trails, and the stunning coastline just a short drive away, outdoor enthusiasts will find plenty of opportunities to enjoy the California sunshine.

Whether you’re looking to settle down or invest in a vacation home, the 93405 zip code offers a unique blend of affordability, charm, and lifestyle that is hard to resist. Explore the possibilities and discover your dream home in this enchanting part of San Luis Obispo!

Newest 93405 Homes under $1.25 million

11295 Los Osos Valley Unit 5, San Luis Obispo

$565,000

2 Beds ⋅ 2 Baths ⋅ SC26227106 MLS ⋅ Active Status

Welcome to Cedarwood, a well-maintained condo community in a desirable San Luis Obispo location. Conveniently situated near parks, Laguna Lake Golf Course, hiking trails, shopping, commercial services, and schools, this beautifully updated, move-in-ready condo offers comfort, convenience, and an appealing lifestyle. Condo #5 features 2 bedrooms and 1.5 bathrooms, with modern updates throughout. The stylish kitchen boasts soft-close cabinetry, granite countertops, modern appliances, and a stainless-steel sink. Tasteful luxury vinyl plank flooring and recessed LED lighting enhance the home’s clean, contemporary feel. The main living level offers a convenient half bath and dining area just off the kitchen, flowing seamlessly into the living room. A sliding glass door opens to a private balcony, creating a welcoming space to relax and enjoy the outdoors. Upstairs, you’ll find two bedrooms and a full bathroom. The spacious primary suite features a walk-in closet, providing excellent storage and functionality. Additional living space awaits on the lower level, where the single-car garage includes laundry and a versatile bonus room—ideal for a home office, workout room, hobby space, or private retreat. Recent community improvements add even more value, including a new roof installed in 2025 and fresh exterior paint completed in 2026. With its modern updates, flexible living space, and convenient location, Cedarwood and condo #5 offers a wonderful opportunity to enjoy comfortable, low-maintenance living in a great location. Move in and make yourself at home.

11295 Los Osos Valley Unit 5, San Luis Obispo

1106 Oceanaire Dr. Unit 45, San Luis Obispo

$749,000

3 Beds ⋅ 3 Baths ⋅ SC26226199 MLS ⋅ Active Status

Welcome to 1106 Oceanaire Drive #45, a thoughtfully updated townhome in San Luis Obispo's desirable Windermere community. 3 bed, 2.5 bath, 1768 sq ft. The work is already done here, so you can simply unpack and enjoy. The main living area centers on a cozy fireplace and opens to a private patio, a great spot for morning coffee or relaxing in the evening. Upstairs, new 20 mil commercial-grade luxury vinyl flooring runs seamlessly across the entire level, paired with freshly painted guest bedrooms. Ceilings have been repainted, and every bulb has been upgraded to energy-efficient LED. In the kitchen, the dated lightbox was replaced with clean, modern recessed lighting, and a new ceiling fan keeps the dining area comfortable. Tile throughout was professionally polished and resealed by Sir Grout. Bathtubs and upstairs sinks have been resealed, and the guest bath has a new faucet. The sliding doors were repaired and fitted with new screens, HVAC filters were replaced, and the washer and dryer were cleaned and serviced. Close to Laguna Lake Park, shopping, downtown, and Cal Poly, this home offers easy SLO living with peace of mind built in.

1106 Oceanaire Dr. Unit 45, San Luis Obispo

$1,045,000

SC26223259 MLS ⋅ Active Status

Calling Cal Poly Parents and Investors! A turnkey student housing opportunity in an established San Luis Obispo neighborhood, ideally located minutes to Cal Poly and downtown. Designed to accommodate approx. 5 to 6 students, this mid-century home offers a ready-to-go option for buyers seeking a property with student rental potential. Property previously rented for $5,000/mo. The open-concept living, dining, and kitchen areas create a central gathering space, complemented by durable luxury vinyl plank flooring throughout the main living areas. The updated kitchen pairs vintage character with modern function, featuring stainless steel appliances, a gas range, dishwasher, farmhouse sink, generous cabinetry, and breakfast bar. French doors open to an outdoor deck shaded by mature trees, extending the living space outdoors and creating a natural spot to gather, study, or unwind. The home's flexible layout includes three bedrooms, two bathrooms, additional storage spaces, and convenient attic access. A single-car garage with laundry area and utility sink adds practical functionality. Set on a cul-de-sac in a sought-after San Luis Obispo location near the university, downtown, shopping, dining, and parks, this property offers an opportunity to combine a convenient location with student housing/rental strategy and the appeal of California indoor-outdoor living.

2050 Hope Street, San Luis Obispo

$1,090,000

3 Beds ⋅ 3 Baths ⋅ SC26216291 MLS ⋅ Active Status

Tucked away on a quiet cul-de-sac in the sought-after Laguna Shores neighborhood, this move-in ready two-story home offers the best of San Luis Obispo living, just moments from Laguna Lake. Inside, vaulted ceilings and abundant natural light create an open, airy feel in the living room, where a gas fireplace anchors the space and a charming window seat adds a cozy spot to relax. The living area flows seamlessly into the dining area and the updated kitchen, making it easy to cook, gather, and entertain. A door off the kitchen leads directly to the backyard, perfect for indoor-outdoor living. Two bedrooms are located downstairs, each with their own bathroom and sliding doors to the backyard, ideal for family, guests, or a home office. Upstairs, the private primary suite is a true retreat, featuring a walk-in closet, an en suite bathroom, and stunning views of the surrounding mountains and hills. Outside, the low-maintenance backyard is designed for enjoying San Luis Obispo's beautiful year-round weather. Turf and easy-care landscaping keep upkeep simple, while a covered patio provides the perfect setting for dining and entertaining. The front yard's garden beds offer space to grow your own produce or flowers, and a detached shed provides extra storage. The attached two-car garage includes the washer and dryer hookups for added convenience. Enjoy an ideal location close to Laguna Middle School, Smith Elementary, shopping plazas and everyday amenities, and hiking trails, with so much more nearby.

833 Escuela Court, San Luis Obispo

$895,000

3 Beds ⋅ 1 Baths ⋅ SC26206139 MLS ⋅ Active Status

At the intersection of opportunity and vintage San Luis Obispo, is this nearly-original 3 bedroom home with detached 2 car garage on a generous corner lot. Inspection reports are available for property condition, reflecting minimal maintenance since purchase in the 1950’s. Bath and kitchen have had updates since original construction. No laundry hookups. Ask your agent about available documents and property showing conditions. Positioned in proximity to elementary schools, Cal Poly, and Hwy 1. Square footage source is County Records.

392 Christina Way, San Luis Obispo

1716 Carolyn Drive Unit 106, San Luis Obispo

$375,000

2 Beds ⋅ 2 Baths ⋅ SC26220787 MLS ⋅ Active Status

Welcome to a Peacefull, Serene Home! This beautiful home has had an extensive renovation done to the interior. It features an open concept living room, dining area, and kitchen. The kitchen has a very large island with upgraded appliances. This living space is perfect for entertaining. The home has lots of windows that let light in. The bathrooms are also beautiful. Each bathroom has been upgraded with bright and light colors painted on the walls. The home is a short distance from the community center that features a large kitchen, a large meeting space, a private gym, a pool table room. There is also a second community room that has a kitchen and large room for private events. This home is ready for a new owner and priced to sell at $375,000.

1716 Carolyn Drive Unit 106, San Luis Obispo

$799,000

3 Beds ⋅ 2 Baths ⋅ SC26219125 MLS ⋅ Active Status

Wonderful opportunity in one of San Luis Obispo's most convenient locations near schools, shopping and hiking trails. This single-level home offers 3 bedrooms and 1.5 bathrooms with fresh interior paint, vinly plank flooring and dual pane windows. The spacious backyard is a blank canvas anchored by a mature walnut tree, with room to garden, entertain, or explore future home expansion or ADU potential (buyer to verify). Ideally located near major shopping centers and just a short stroll to the popular SLO Ranch Farms Marketplace with its farm-to-table market, eateries, and shops. Enjoy quick access to Highway 101, an easy trip to Cal Poly, and close proximity to Laguna Lake. A fantastic opportunity for first-time buyers, investors, or anyone looking to personalize a home in a prime location.

1778 Vicente, San Luis Obispo

$649,000

2 Beds ⋅ 2 Baths ⋅ SC26214740 MLS ⋅ Active Status

Light-Filled End Unit with Soaring Ceilings, Fireplace & Private Patio in Windermere Step inside this distinctive 2-bedroom, 2-bath Windermere condo and discover a home that feels anything but ordinary. Soaring ceilings, abundant windows and an open multi-level design create an impressive sense of space, while the living room fireplace provides a warm focal point at the heart of the home. The adjoining dining area is filled with natural light and features a charming bay window seat and French doors opening to the private patio—an inviting extension of the living space for morning coffee, outdoor dining or relaxing in the Central Coast sunshine. The kitchen connects easily to the dining area with additional seating at the breakfast bar. The thoughtful multi-level floor plan places the bedrooms on separate levels, offering welcome flexibility and privacy for guests, a home office or everyday living. The upper bedroom feels especially spacious with vaulted ceilings, abundant natural light and generous closet space. Additional highlights include indoor laundry, a detached garage and the privacy of an end-unit location. Conveniently situated near Laguna Lake Park, hiking and biking trails, shopping, dining and downtown San Luis Obispo, this home combines architectural character, outdoor space and everyday convenience in one of SLO’s established residential communities. Come experience the space, light and character of 1106 Oceanaire Drive #1.

1106 Oceanaire Unit 1, San Luis Obispo

$899,000

3 Beds ⋅ 2 Baths ⋅ SC26212373 MLS ⋅ Active Status

First time on the market in over 37 years! Lovingly maintained and owner-occupied for more than three decades, this spacious single-level rancher offers 1,891 sq. ft. of comfortable living space with 3 bedrooms, 2 baths, and tons of potential. The inviting living room features a wood-burning fireplace with a gas log set and abundant natural light throughout. A separate family room provides additional living space and offers the flexibility to convert into a 4th bedroom. Storage is plentiful with generous hall and linen closets along with classic built-in cabinetry, while one bathroom includes a Safeguard walk-in jetted tub for added comfort and convenience. Notable updates include a newer roof and upgraded windows, and all appliances stay with the home. Situated on an expansive corner lot, the property boasts low-maintenance landscaping, an oversized 2-car garage, and convenient access to schools, shopping, restaurants, and everyday amenities. This exceptionally cared-for home is ready to welcome its next owners!

1284 Oceanaire Drive, San Luis Obispo

$949,900

2 Beds ⋅ 1 Baths ⋅ NS26210536 MLS ⋅ Active Status

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!

31 Rafael Way, San Luis Obispo

1185 E Foothill Unit 30, San Luis Obispo

$699,000

2 Beds ⋅ 2 Baths ⋅ NS26210074 MLS ⋅ Active Status

Just one block from Cal Poly!! * New carpet/ paint/ blinds ** ~~ Pictures in MLS are staged, BUT property is currently occupied ~~ First-floor bedroom opens to a private patio. Main level includes second bedroom, full bathroom, kitchen, and living area with balcony access. Tandem two-car carport with built-in storage plus an additional parking permit. Sought-after location near Cal Poly with strong, consistent rental demand and long-term investment appeal with proven income-generating potential. Rarely available this close to campus in a prime Pine Creek location. Currently leased through July 10, 2027.

1185 E Foothill Unit 30, San Luis Obispo

1771 1769 Singletree Court, San Luis Obispo

$1,200,000

4 Beds ⋅ 4 Baths ⋅ SC26207103 MLS ⋅ Active Status

Your Private Garden Retreat with Income producing ADU is waiting for you! Tucked away on a quiet cul-de-sac near the beautiful Irish Hills, this exceptional San Luis Obispo property offers a rare combination of privacy, serenity, mature gardens, and valuable income potential. The property includes a 2,079± sq. ft. primary residence, a detached 450± sq. ft. studio ADU, lush established landscaping, Battery back up system, long driveway, and inviting private outdoor spaces—all in one of San Luis Obispo’s most convenient locations. A standout feature is the detached studio ADU above the garage, complete with its own upgraded kitchen, bathroom, living area, and private view deck and laundry set up in a garage. Currently rented for $1,650 per month including utilities, the ADU provides immediate supplemental income potential while also offering tremendous flexibility for extended family, guests, a private office, or future multigenerational living. The main residence offers a thoughtfully designed floor plan with the primary living, dining, and entertaining spaces on the entry level. At the heart of the home is an updated kitchen featuring beautiful quartzite countertops, a spacious center island, and a striking handmade tile backsplash above the cooktop, new Bertazzoni oven and stove. Two additional rooms at the front of the home provide flexible space for formal dining, a home office, library, sitting room, or additional entertaining areas. Upstairs, hardwood flooring extends throughout the second level. The spacious primary suite includes a walk-in closet and en-suite bathroom with dual sinks, a soaking tub, and a separate walk-in shower. Two additional bedrooms and a shared bathroom complete the upper level. Views of the local hills. The property offers mature landscaping and thoughtfully cultivated garden beds create a peaceful tranquility rarely found so close to town. The abundant edible landscape includes multiple avocado trees, three apple trees, kiwi and passion fruit vines, lemon and other citrus, fig, plum trees, raspberry bushes, two olive trees, and roses throughout the property. A secluded outdoor entertaining area between the main residence and detached garage provides an inviting place to dine, relax. This private retreat also features a sauna, outdoor shower, and lounge area. The setting is peaceful and convenient with the Irish Hills hiking trails, parks, schools, restaurants, shopping, and everyday conveniences are just minutes away.

1771 1769 Singletree Court, San Luis Obispo

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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.

93405 Homes under $1.25 million

Newest 93405 Homes under $1.25 million

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