31 Rafael Way
Price History Original $999,900 → Current $949,900
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39 PhotosProperty Description
Bishop Peak views, classic SLO charm, and plenty of possibilities come together at 31 Rafael Way in San Luis Obispo. Situated on a 6,063 square foot lot, this 2-bedroom, 1-bath home offers 847 square feet of living space along with a garage, additional storage, and flexible bonus space. Inside, the inviting living room features a fireplace and vinyl flooring, while the adjoining dining area is surrounded by windows that bring in natural light.
The kitchen features granite countertops, warm wood cabinetry, recessed lighting, tile flooring, and stainless steel appliances, including a gas range and built-in microwave. Even washing dishes comes with a view, with Bishop Peak visible right from the kitchen window. The home offers two bedrooms and a full bathroom, creating a comfortable and efficient floor plan within its 847 square feet.
The bathroom features tile flooring and a tiled tub/shower surround. Beyond the main living area, an expansive bonus/storage space with skylights offers additional versatility for hobbies, projects, a workshop, or simply extra storage. A garage and multiple outdoor storage sheds provide even more room for tools, equipment, and belongings.
Outside, the 6,063 square foot lot offers plenty of opportunity to reimagine the yard and create an outdoor space all your own. A covered outdoor area provides additional space to gather and enjoy the Central Coast climate, while beautiful views of Bishop Peak create a distinctly San Luis Obispo backdrop. Whether you're looking for a place to make your own or an investment opportunity in San Luis Obispo, 31 Rafael Way offers the chance to enjoy the SLO lifestyle with one of the area's most recognizable peaks right outside your door.
Conveniently located near downtown SLO, Cal Poly, hiking trails, and parks, with the award-winning wineries of Edna Valley and beautiful Central Coast beaches just a short drive away. Don’t miss this opportunity to make 31 Rafael Way your own. Live the SLO Life!
Basic / Listing Information
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Parking
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Local & Market Information
Property & Market Context
This 2-bedroom, 1-bath San Luis Obispo single-family home offers 847 sq ft of living area on a 6,063 sq ft lot.
For context, its current list price of $949,900 is about 24% below the 2026 year-to-date through October 9, 2026 median closed single-family home price of $1,249,500 in San Luis Obispo.
Built in 1946, the home is approximately 80 years old, compared with a median home age of 38 years for closed single-family homes in San Luis Obispo during the same period.
Local Market Tidbit
Through October 9, 2026, 42% of closed single-family homes in San Luis Obispo were single-story, ranking San Luis Obispo 11th 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 3:56 PM PDT.
The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.
Properties displayed on this website may be listed by a real estate brokerage other than SLO County Homes.