About This Home

This 3-bedroom, 3-bathroom single family at 1560 Phillips Lane in San Luis Obispo, CA is listed for $1,350,000 ($731 per sqft). Built in 1952, the home offers 1,848 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1952
  • 0.15 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace

Property Details

2 stories
1 full, 2 half
1-car garage
1952

Amenities

FireplaceView
Listing 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.

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

1560 Phillips Lane

San Luis Obispo, CA 93401

San Luis Obispo(380)

Features & Amenities

Exterior Features

Rain Gutters

Property Details

Flooring

WoodVinyl

Construction

Wood Siding

Views

Hills

Outdoor Features

Porch

Parking

GarageDriveway

Appliances

MicrowaveTankless Water HeaterGas Range

Questions & Answers

This 3-bedroom, 3-bathroom single family at 1560 Phillips Lane is listed at $1,350,000 ($731/sqft). The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.15 acre lot, 2 stories, 2 parking spaces, Fireplace. Exterior Features: Rain Gutters.

This property is listed by Eileen Ellison.

EE

Eileen Ellison

License 00451619

Agent at Century 21 Hometown Realty REA

Listed by Century 21 Hometown Realty REA · Broker phone: (805) 773-2100 · Broker website

MLS# PI26205639· Source: California Regional Multiple Listing Service, Inc· 36 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1560 Phillips Lane, San Luis Obispo, CA 93401

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