5275 Windmill Way San Luis Obispo, CA 93401
Los Ranchos NeighborhoodEstimated payment $5,325/month
About This Home
Here is a rare opportunity to own a stunning parcel just shy of one acre in one of San Luis Obispo's most desirable locations. Situated on the much sought-after Rolling Hills neighborhood, this buildable lot rests at the end of a private cul-de-sac and offers a relatively flat topography with gentle contours--perfect for creating your dream home.Enjoy the serenity of a peaceful neighborhood just minutes from San Luis Obispo's vibrant downtown district. The property is close to excellent schools, including Los Ranchos Elementary, and is nestled near the scenic Edna Valley wine region, offering easy access to tasting rooms and vineyards.If you love the outdoors, this location is a dream. You'll be just a short drive from world-class golf courses, exceptional hiking trails, and beautiful beaches along the Central Coast--all set against the backdrop of San Luis Obispo's famously mild and sunny climate. It's no surprise this area is often ranked among the happiest places to live in the United States.The lot includes a high-output private well and on-site electricity. Nearby access to private water and sewer utilities further enhances the ease of development.Come walk this spectacular lot to truly appreciate its potential.Please contact the listing agent prior to viewing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,340
Additional Features
- 0.93 Acre Lot
- Well
Listing and Financial Details
- Security Deposit $12,000
- Assessor Parcel Number 044-082-045
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,340 | $764,898 | $764,898 | -- |
| 2024 | $831 | $749,000 | $749,000 | -- |
| 2023 | $831 | $69,515 | $69,515 | $0 |
| 2022 | $783 | $68,152 | $68,152 | $0 |
| 2021 | $710 | $66,816 | $66,816 | $0 |
| 2020 | $702 | $66,131 | $66,131 | $0 |
| 2019 | $695 | $64,835 | $64,835 | $0 |
| 2018 | $682 | $63,564 | $63,564 | $0 |
| 2017 | $668 | $62,318 | $62,318 | $0 |
| 2016 | $655 | $61,097 | $61,097 | $0 |
| 2015 | $645 | $60,180 | $60,180 | $0 |
| 2014 | $592 | $59,002 | $59,002 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $869,000 | -3.3% | -- |
| 07/30/2025 07/30/25 | Price Changed | $899,000 | -10.0% | -- |
| 06/14/2025 06/14/25 | Price Changed | $999,000 | -16.8% | -- |
| 06/06/2025 06/06/25 | For Sale | $1,200,000 | +60.0% | -- |
| 04/22/2024 04/22/24 | Sold | $749,900 | 0.0% | -- |
| 03/07/2024 03/07/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | For Sale | $749,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | First American Title | |
| Interfamily Deed Transfer | -- | First American Title Company |
Source: North Santa Barbara County Regional MLS
MLS Number: 25001132
APN: 044-082-045
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