31 Hathway Avenue
Price History Original $1,949,000 → Current $1,750,000
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50 PhotosProperty Description
It’s hard to get much closer to Cal Poly than this. Located directly adjacent to campus, this approximately 3,200 square foot custom home offers an incredible combination of space, flexibility, parking, and location in the heart of San Luis Obispo. Owned by the original owners since it was built, the home features soaring ceilings, an abundance of natural light, hardwood floors, a fireplace, and a layout that opens to multiple decks and outdoor living areas.
Surrounded by mature trees, the property feels surprisingly private given its proximity to campus. Enjoy views of Bishop Peak and Madonna Mountain from the upper deck, while a year round creek winds through the backyard below, creating a peaceful setting that feels worlds away from its convenient in town location. The floor plan includes three bedrooms plus a large lower level fourth bedroom or bonus space with its own kitchenette, full bathroom, and separate exterior access.
This flexible configuration opens the door to a variety of uses, including multigenerational living, guest quarters, a private home office, or additional living space. The location and layout also make this an especially compelling investment opportunity. With Cal Poly just steps away, the home is ideally positioned for student housing or those wanting immediate access to campus.
A two car garage plus on street residential parking permits add significant convenience in an area where parking is at a premium. With a versatile floor plan, creekside setting, mountain views, multiple outdoor living spaces, and an unbeatable location next to Cal Poly, this is a property with tremendous potential. Move in and enjoy it as it is, update it over time, or reimagine the spaces to fit your needs.
Basic / Listing Information
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Interior
Exterior / Lot
Parking
Utilities / Energy / Rural Features
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Ownership / Other Listing Details
Local & Market Information
Property & Market Context
This 4-bedroom, 4-bath San Luis Obispo single-family home offers 3,200 sq ft of living area on a 10,890 sq ft lot.
For context, its current list price of $1,750,000 is about 40% above the 2026 year-to-date through October 9, 2026 median closed single-family home price of $1,249,500 in San Luis Obispo.
Its 3,200 sq ft of living area is about 73% larger than the 1,845 sq ft median for closed single-family homes in San Luis Obispo during the same period.
Local Market Tidbit
Through October 9, 2026, 1% of closed single-family homes in San Luis Obispo were identified as horse property, ranking San Luis Obispo 7th among 14 SLO County communities.
The information in this section is independently compiled or calculated by SLO County Homes and is not provided by the listing broker or CRMLS. Market comparisons use saved SLO County Homes statistics for the period shown and are for general informational purposes only.
IDX Information
Based on information from CRMLS as of October 8, 2026 at 3:21 PM PDT.
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All information is deemed reliable but is not guaranteed and should be independently reviewed and verified for accuracy. Property information is supplied by the listing broker and/or other sources and may be subject to errors, omissions, or changes without notice.
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