123 Ramona
Property Description
Located in one of San Luis Obispo’s most desirable neighborhoods just minutes from California Polytechnic State University, downtown SLO, famous nearby mountains and top-rated schools, this exceptional property offers charm, versatility, and income-producing opportunity for owner-occupants, investors, or those seeking multi-generational living. Situated on an expansive 6,190± square foot parcel, the property features approximately 2,180± square feet of living space. The main residence offers a functional and inviting layout filled with abundant natural light.
The first floor includes a well-appointed kitchen with stainless steel appliances, two bedrooms, one full bathroom, a bonus area, living room, oversized family room, in-unit laundry, and a garage currently utilized for storage. Upstairs, the private primary suite creates a peaceful retreat complete with a full bathroom and walk-in closet. Adding even more flexibility, the attached, permitted studio features its own private entrance, kitchenette, and full bathroom—ideal for guests, extended family, student housing, or rental income.
Other highlights include ample storage, an updated electrical panel, rear rock patio, and mature fruit bearing trees. The generous floor plan presents potential for additional bedrooms or bathrooms, and the garage may present ADU conversion, subject to buyer verification and approval with the City of San Luis Obispo. Whether envisioned as a primary residence, an income-producing investment, or a property with room to expand and create, this home offers endless potential in an unbeatable location.
Rarely do opportunities like this become available in the Bishop Knoll neighborhood.
Basic / Listing Information
Size & Layout
Interior
Exterior / Lot
Parking
Utilities / Energy / Rural Features
HOA / Community
Schools / Location
Ownership / Other Listing Details
IDX Information
Based on information from CRMLS as of August 16, 2026 at 1:15 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.
