1560 Phillips Lane
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38 PhotosProperty Description
Welcome to 1560 Phillips Lane, a 1952 Cape Cod–style home tucked into the San Luis Obispo foothills near the Mill Street Historic District and within walking distance of Cal Poly. With its dormer windows, inviting front porch, established setting, and mountain views, the home offers an appealing urban cottagecore feel—classic cottage character with the convenience of an in-town location. Never before on the market, the home was built from L.
F. Garlinghouse Company Plan No. 5035 and retains many of its original architectural details.
The approximately 1,407 sq. ft. main residence features three bedrooms, one and a half baths, a formal dining room, kitchen with breakfast area, and attached one-car garage. Recent improvements include refinished original hardwood floors, fresh interior and exterior paint, new kitchen and laundry room flooring, updated bathrooms, a new range and microwave, and a tankless water heater. Outside, improvements include a new driveway, front-yard irrigation, refreshed landscaping, new gates, and an updated redwood front porch.
The home offers the next owner an opportunity to continue the improvements. Also on the property is an original permitted secondary structure dating to the 1940s, offering approximately 441 sq. ft. of bonus space with a half bath. Recently improved with new flooring and fresh interior and exterior paint, this versatile space offers potential for a future ADU, extended living area, home office, studio, or guest space.
Buyers should check with the City regarding requirements and permitting for their intended use. The spacious yard provides room for outdoor living, gardening, and entertaining. With its cottage character, in-town setting, recent improvements, and versatile secondary structure, 1560 Phillips Lane offers a unique combination of vintage charm and possibilities for the future.
Basic / Listing Information
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Interior
Exterior / Lot
Parking
Utilities / Energy / Rural Features
HOA / Community
Schools / Location
Tax / Zoning
Ownership / Other Listing Details
Local & Market Information
Property & Market Context
This 3-bedroom, 3-bath San Luis Obispo single-family home offers 1,848 sq ft of living area on a 6,600 sq ft lot.
For context, its current list price of $1,398,000 is about 12% above 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 1952, the home is approximately 74 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, 35% of San Luis Obispo home sales were cash purchases, ranking San Luis Obispo 5th 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 9, 2026 at 7:21 AM 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.