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TERRI ALVES HOMES

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2049 Sierra Way
San Luis Obispo, CA 93401
today
NEW
$949,000
Active
3
Beds
1
Baths
2
Garage
1,406
Sqft
0.15
Acres
MLS# SC26205498
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 09/21/26 · Data provided by the MLS.

Property Description

A rare San Luis Obispo opportunity in the highly desirable area locals know as the "Banana Belt, " set on a generous 6, 534 + / - square foot lot. This property has been held by the same ownership for more than 50 years and is now being offered for sale for the first time in decades. The property features a 3-bedroom, 1-bath main residence of approximately 1, 006 square feet, plus a detached bedroom, 1-bath unit of approximately 400 square feet. The detached unit provides exceptional flexibility for extended family, guests, a home office, or potential rental use, subject to applicable requirements. The main residence has been refreshed with beautifully refinished hardwood floors, fresh interior paint, and updated LED ceiling light fixtures. The combination of the main home and the detached unit creates a versatile property configuration that is increasingly difficult to find in SLO. Located in the desirable Banana Belt, the property is conveniently situated near Cal Poly, downtown SLO, restaurants, shopping, parks, and outdoor recreation. San Luis Obispo offers the ideal combination of a vibrant university-town atmosphere and relaxed lifestyle of the Central Coast.

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
3
Total Bathrooms
1
Living Area
1,406 Sqft
Price / Sqft
$675
Acres
0.15
Year Built
1953
Cumulative Days On Market
1

Location

Area
SLO - San Luis Obispo
City/Township
San Luis Obispo
View
None
Subdivision
Deleissiquez
County
San Luis Obispo
Zoning
R-1

Property Details

Price
$949,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Structure Type
House
Levels
One
Stories
1

Community

Community Features
Curbs

Local Schools

High School
San Luis Obispo
School District
San Luis Coastal Unified

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
1
Full Bathrooms
1
Bedrooms
3
Bedrooms on Main Level
1

Area and Spaces

Living Area
1,406 Sqft
Number of Units
1

Appliances

Appliances
Gas Range, Refrigerator, Range Hood, Water Heater

Interior Features

Interior Features
Eat In Kitchen, All Bedrooms Down, Bedroom On Main Level
Flooring
Vinyl
Laundry Features
In Garage
Accessibility Features
None
Window Features
Double Pane Windows, Screens
Security Features
Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors
Fireplace Features
None
Entry Level
1
Entry Location
front & side door

Heating and Cooling

Heating Features
Forced Air, Natural Gas, Wall Furnace

Building Details

Construction

Year Built
1953
Foundations
Concrete Perimeter
Common Walls
No Common Walls

Materials

Construction Materials
Brick Veneer, Plaster, Stucco
Roof
Asbestos Shingle

Terms

Terms

Special Conditions
Standard
Special Terms
Cash, Cash To New Loan
Cumulative Days On Market
1

Heating, Cooling & Utilities

Cooling Features
None

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.15
Lot Size
6,534
Lot Size Area Sq Ft
6,534
Lot Features
Zero To One Unit Acre, Corner Lot, Drip Irrigation Bubblers, Sprinklers In Front, Sprinklers Timer, Sprinkler System
Road Surface
Paved
Road Frontage
City Street

Exterior Features

Exterior Features
Rain Gutters
Fencing
Average Condition, Wood

Parking

Total Parking Spaces
2
Garage Capacity
2
Parking Features
Concrete, Driveway Down Slope From Street, Door Single, Driveway, Garage Faces Front, Garage

Pool Features

Pool Features
None
Spa Features
None
Listed by Mike McNamara, McNamara Real Estate, 805-431-2039
Listing Data last updated 09/22/2026 02:40 pm
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Property History

Today
Property information last updated
Yesterday
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since September 21, 2026. Data provided by the MLS.

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