Under contract

Active Under Contract

241 Hathway Avenue

San Luis Obispo CA, 93405

$2,025,000


$1,840.91 per sqft

Under contract

Active Under Contract

2 Beds

1 Bath

1,100 sqft

Residential

Built in 1951

Listed by Mike McNamara with McNamara Real Estate 805-431-2039

Welcome to 241 Hathway Ave! This property features an oversized lot located just three blocks from the Cal Poly campus. It is primed for redevelopment. According to the owner's survey, the lot measures approximately 16,931 +/- square feet.

This lot is the largest among listings within a few blocks of the Cal Poly campus. Preliminary assessments indicate the potential to build two five-bedroom homes, plus each with an Accessory Dwelling Unit (ADU). Additionally, there may be an opportunity for a shared driveway with the neighboring property, which could further increase the total bedroom count or possibly allow for an additional lot.

The property includes a 1950s stucco house with two bedrooms and one bathroom, a fireplace, and a two-car garage, encompassing about 1,100 square feet. Currently, the house is rented and can remain occupied during the entitlement process with the City of San Luis Obispo (SLO).

Bring your investors and contractors to explore one of the few remaining infill lots near the Cal Poly campus!

SC25033500

MLS ID

February 15, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Full Bathrooms

1


Interior Features

All Bedrooms Down


Appliances

Electric Range


Laundry Description

In Garage


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.39 Acres


Lot Features

0-1 Unit/Acre, Sloped Down, Gentle Sloping


Architectural Style

Craftsman


Roof

Composition


Sewer

Public Sewer


Patio And Porch

None


Security

Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)

School Information

School District

San Luis Coastal Unified


High School

San Luis Obispo

Other Property Details

Area Name

SLO - San Luis Obispo


Days on Market

4


Garage

Yes


Garage Spaces

2


Parking

Door-Multi, Driveway Level, Garage Faces Front, Garage


Parking Total

2


View

No


View Description

None


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Utilities

Electricity Connected, Sewer Connected


Zoning

R1

Listing History

Date

Event

Price

2/20/2025

Under contract

Listing Contact: 805-543-7777 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/20/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/20/2025 at 4:37 PM UTC

 

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