4695 Thread Lane
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49 PhotosProperty Description
Enjoy the freedom of approximately 5 acres, where privacy, flexibility, and country-style living come together just minutes from the heart of San Luis Obispo. With room to spread out, create, work, and gather, this unique property offers a rare combination of peaceful surroundings and convenient access to shopping, dining, schools, and everyday amenities. The property features a main residence, a separate detached ADU, and a substantial detached barn/shop with garage and upper-level storage, offering exceptional versatility for multi-generational living, guests, a home office, hobbies, projects, storage, or additional parking.
The main residence offers approximately 1,505 square feet with 3 bedrooms and 2 bathrooms, along with an attached 2-car garage. The separate detached ADU provides approximately 1,260 square feet with 3 bedrooms, 2 bathrooms, its own kitchen and living areas, and a separate entrance—creating valuable additional living space and flexibility. Outside, the approximately 1,137-square-foot detached barn/shop provides generous space for vehicles, equipment, projects, hobbies, or storage, with an upper-level storage area and additional covered parking adding even more functionality.
Whether you’re looking for a little more breathing room, space for family and friends, room to pursue your hobbies, or simply a quieter way of life without giving up the conveniences of town, this property offers the space and flexibility to make it your own. Properties offering approximately 5 acres, two separate living spaces, and substantial shop and storage space this close to San Luis Obispo are rarely available. Come experience the space, possibilities, and lifestyle this special property has to offer.
All information is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent. Square footage, lot size, room dimensions, permitted uses, zoning, and other property details are approximate and subject to verification.
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 6-bedroom, 4-bath San Luis Obispo single-family home offers 2,724 sq ft of living area on a 217,800 sq ft lot.
For context, its current list price of $1,399,000 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.
Its 217,800 sq ft lot is about 3,357% larger than the 6,300 sq ft median lot size for closed single-family homes in San Luis Obispo during the same period.
Local Market Tidbit
Through October 9, 2026, 4% of closed single-family homes in San Luis Obispo reported RV parking, 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 11:58 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.