Mill ST Lot 4
San Luis Obispo, CA, 93401
$1,795,000
3 Beds
3 Baths
1,386 SqFt
0.13 Acres
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Step into timeless charm and modern luxury with this unique Queen Anne cottage featuring three separate dwellings on iconic Mill Street. Built in 1899 by Teresa True, a pioneering seamstress and single mother, this Mills Act-certified home not only preserves a piece of San Luis Obispo history, but also offers significant property tax savings on this R-2 lot. Beautifully revitalized from foundation to finish, the property seamlessly blends historic character with modern ease—featuring newer plumbing, electrical, and appliances alongside rebuilt sash windows, redwood shiplap, oak plank floors, and drought-tolerant landscaping. The main home includes a restored 1-bedroom residence connected to a private-entry studio apartment—ideal for guests, family, or rental income. Soaring ceilings accent the elegant living room with bay window and a sunlit dining room. The charming kitchen is chef-functional, and the bathroom showcases designer tile and a restored clawfoot tub—a timeless detail inviting you to soak in history and comfort. The original carriage house is now a magical retreat, complete with open beams, pine plank floors, loft bed, Big Sur-inspired design, a half bath, and outdoor shower. Perfect as a home office, guest house, or hideaway. Unwind on the inviting front porch, perfect for lingering over coffee or evening cocktails. Step into the backyard to find your own private garden oasis, alive with fruit trees, vibrant flowers, and the shade of majestic redwoods. Cozy nooks invite you to gather with friends, host unforgettable evenings, or retreat in solitude. For a truly one-of-a-kind experience, a charming glamping tent on a raised platform offers the perfect spot for yoga, reading, or welcoming overnight guests in comfort and style. A short jaunt to downtown, this home offers the best of both worlds: city access and a tranquil retreat. Additional highlights include a standing attic for storage with expansion potential; a rebuilt shed that blends seamlessly into the property’s charm; owned solar for energy efficiency; and the original hitching post & widow’s walk restored for historic integrity. Perched on a hill in a low fire and flood risk zone with clean air and minimal sea level rise exposure, this property offers rare peace of mind—just 10 minutes from the coast. More than a home, it’s an irreplaceable piece of San Luis Obispo history, reimagined for tranquil living. Homes like this are rarely available—don’t miss your chance to make it yours.

Property Details

Price:
$1,795,000
MLS #:
SC25194135
Status:
A
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slo
Listed Date:
Sep 1, 2025
Finished Sq Ft:
1,386
Lot Size:
5,850 sqft / 0.13 acres (approx)
Year Built:
1899
SloSloSan Luis Obispo380San Luis Coastal UnifiedBishop’s PeakLagunaSan Luis Obispo

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Schools

School District:
San Luis Coastal Unified
Elementary School:
Bishop’s Peak
Middle School:
Laguna
High School:
San Luis Obispo

Interior

Appliances
DW, RF, GR, HOD, VEF
Bathrooms
2 Full Bathrooms, 1 Three Quarter Bathroom
Cooling
NO
Flooring
TILE, WOOD
Heating
BB, CF
Laundry Features
ICL, DINC, WINC

Exterior

Architectural Style
VIC
Community Features
SDW, SL, URB
Exterior Features
LIT, RG
Other Structures
GH, GHA, SH
Roof
CMP

Financial

Map

Community

Market Summary

Current real estate data for Single Family in San Luis Obispo as of Nov 02, 2025
94
Single Family Listed
83
Avg DOM
632
Avg $ / SqFt
$1,067,328
Avg List Price

Property Summary

    Located in the San Luis Obispo(380) subdivision, Mill ST Lot 4 San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,795,000 and features 3 beds, 3 baths, and has approximately 1,386 square feet of living space, and was originally constructed in 1899. The current price per square foot is $1,295. The average price per square foot for Single Family listings in San Luis Obispo is $632. The average listing price for Single Family in San Luis Obispo is $1,067,328.

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