Land with Home for Sale in San Luis Obispo, California

PRICE IMPROVEMENT Set on five private acres just minutes from downtown San Luis Obispo, this gated estate offers a rare combination of privacy, panoramic views, and convenience. Elevated above the city, the property captures sweeping vistas across San Luis Obispo and the surrounding foothills while remaining close to Edna Valley wine country, dining, shopping, and recreation. Designed to embrace its spectacular setting, the home is filled with natural light and oriented toward the views from nearly every major room. Cathedral ceilings, expansive windows, and multiple terraces create a seamless connection between indoor and outdoor living. The thoughtfully designed floor plan balances privacy, flexibility, and connection to the outdoors. The primary suite occupies its own wing and features a dedicated study, dual-sided fireplace, walk-in closet, and flexible bonus room with direct outdoor access. Three additional bedroom suites each open to a balcony, terrace, or patio, while the separate guest suite offers its own kitchen, full bath, private balcony, and a wall of windows overlooking the surrounding landscape. Three fireplaces throughout the home add warmth and character, while elevator access provides convenient connectivity between levels. The family room and kitchen flow naturally to the outdoor entertaining areas, where an outdoor kitchen, southwest-facing pool, and spa overlook rolling hills, open skies, and sparkling evening city lights. Mature trees and the property's elevated setting create an exceptional sense of seclusion, yet downtown San Luis Obispo and everyday conveniences remain just minutes away. Additional features include owned solar, central vacuum, RV hookups, automatic gated entry, fire sprinkler system, private well, and a septic system with recent clearance. Few properties combine five private acres, panoramic views, and such close proximity to downtown San Luis Obispo. 1854 Sydney presents a rare opportunity to experience the privacy and tranquility of a hillside estate while remaining connected to the dining, recreation, wine country, and distinctive Central Coast lifestyle that make San Luis Obispo so desirable.