Nestled on a generous one-acre parcel, this estate presents an unmatched lifestyle characterized by seclusion, security, and serenity in the city of San Luis Obispo. Delight in sweeping vineyard and mountain vistas, creating a picturesque backdrop for everyday living. This impressive residence features four en-suite bedrooms, a private office, and a spacious den. Located within the exclusive 'Jespersen Ranch', a gated community of just five residences on a cul-de-sac. The home itself spans an expansive 5,800+/- square feet, thoughtfully integrating numerous indoor and outdoor living spaces to take full advantage of the region's temperate Mediterranean climate. The contemporary open-concept design has an agrarian-flair that is adorned with top-tier finishes and an unwavering commitment to excellence. The heart of the home, the kitchen, showcases an expansive peninsula island with bar seating, quartz countertops, a 48” Thermador range and Refrigerator. The primary suite is located on the first floor and enjoys a secluded wing of the residence, featuring a cozy gas fireplace and private patio. The spa-like primary bath is outfitted a lavish soaking tub and a walk-in shower and dual closets. Upon entering, you'll be welcomed by light-washed, wide plank wood flooring leading you to the grandeur of the formal living room, with exposed beam ceilings and panoramic views. The adjacent kitchen, dining room, and family room create an open and inviting space for both everyday living and entertainment. Additionally, there is a private office on the first floor that could serve as a 5th bedroom. The remaining three bedrooms, plus den are thoughtfully positioned on the second floor, each boasting its own en-suite bathroom and walk-in closet. This home is complete with Solar and an EV charger for energy efficiency and convenience. The three-car garage has professional epoxy floors and built-in storage. Outdoors, the fully landscaped grounds encompass over half an acre of synthetic turf, with several fruit trees, and drought-tolerant plantings. With multiple outdoor areas, covered patio and expansive deck complete the entire experience. This ideal location feels rural but is within a brief five-minute commute to the charming downtown of San Luis Obispo -with swift access to the airport, local dining, and shopping. Offering an unparalleled lifestyle in the heart of the Central Coast, this property is truly exceptional!!
Single-familyProperty Type
2019Year Built
1 acresLot Size
$745Est. Price/Sq.Ft.
3 car garageParking
Listed by Erica Abbott•DRE #01731537• Compass
Bought with Kristi Donati•DRE #01727301• The Avenue Central Coast Realty, Inc.
Brand New Custom Home on a Large One Acre Lot to be built in the prestigious gated community of Jespersen Ranch. This 5527 square foot home will offer 4 Bedrooms, 5 Bathrooms, a gorgeous kitchen with a high-end appliance package, both a living room and a family room, huge dining room, and 4 total fireplaces. A large media room offers its own fireplace and walk-out patio to take in the beautiful views of the surrounding vineyards as well as Seven Sisters Peaks. The spacious Master Suite (which is its own wing of the home) includes two walk-in closets, a well appointed master bathroom, a sitting area, a stone wrapped fireplace, and it's own patio. Other amenities of the home include 10 foot ceilings, an oversized 3 car garage, walk in pantry, private office, exposed ceiling beam detail, custom cabinetry, hardwood floors, and quartz counters. The impeccable location of the property provides easy access to the freeway, airport, shopping, and country club, all while providing country style living in the middle of a gorgeous vineyard. This is a rare opportunity to own a brand new luxury home in the Countryside of San Luis Obispo.
Year
Property tax
Land + Additions
Assessment*
2025
$40,698 (+1.7%)
$1,560,600 + $2,205,648
$3,766,248
2024
$40,006 (+32.2%)
$1,530,000 + $2,162,400
$3,692,400
2023
$30,252 (+6.7%)
$1,500,000 + $2,120,000
$3,620,000
2022
$28,356 (+1.6%)
$1,156,295 + $1,576,767
$2,733,062
2021
$27,905 (+1.0%)
$1,133,623 + $1,545,850
$2,679,473
2020
$27,619 (+228.4%)
$1,111,396 + $1,515,540
$2,626,936
2019
$8,410 (+47.1%)
$1,100,000 + $1,500,000
$2,600,000
2018
$5,717 (+2.0%)
$543,869 + $240,500
$784,369
2017
$5,605
$522,750
Tax history for 240 Jespersen Rd
Year
Property tax
Land + Additions
Assessment*
2025
$40,698 (+1.7%)
$1,560,600 + $2,205,648
$3,766,248
2024
$40,006 (+32.2%)
$1,530,000 + $2,162,400
$3,692,400
2023
$30,252 (+6.7%)
$1,500,000 + $2,120,000
$3,620,000
2022
$28,356 (+1.6%)
$1,156,295 + $1,576,767
$2,733,062
2021
$27,905 (+1.0%)
$1,133,623 + $1,545,850
$2,679,473
2020
$27,619 (+228.4%)
$1,111,396 + $1,515,540
$2,626,936
2019
$8,410 (+47.1%)
$1,100,000 + $1,500,000
$2,600,000
2018
$5,717 (+2.0%)
$543,869 + $240,500
$784,369
2017
$5,605
$522,750
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Sq. Ft.
5,853
Year built
2019
Style
Single Family Residential
County
San Luis Obispo County
APN
076-064-003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
AG
INLAND AREA
SAN LUIS OBISPO SUB AREA NORTH
SAN LUIS OBISPO PLANNING AREA
Agricultural Land Use District
The purpose of this Section is to establish a set of regulations applicable to the division of land within the Agriculture land use category. In addition to complying with the standards set forth in this Section and all applicable policies of the general plan, proposed land divisions shall be specifically evaluated for consistency with the policies of the Agriculture and Open Space Element as follows: Agricultural land divisions. Where a division of agricultural lands is proposed, a cluster division where homes are clustered in a compact manner which reduces the agricultural/residential interface, is an alternative to a conventional lot split land division.; Where a division is proposed, the proposed parcels should be of adequate size and design to ensure the long term protection of agricultural resources.; Minimum parcel size criteria for the division of Agricultural lands. Minimum parcel sizes for the proposed division of land designated Agriculture shall be based upon either the existing or potential use of the land for cropland and grazing.; Discretionary approval. The approval of a land division is discretionary and a parcel size larger than the minimum designated in the following Subsections may be required to ensure agricultural capability in accordance with the provisions of the adopted Agriculture and Open Space Element of the general plan.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Bed & breakfast
Office-Other
Sep 11, 2020 • Final
Photovoltaic roof-mounted, residential - legacy
Electrical
Solar
Aug 18, 2020 • Final
Renewable energy miscellaneous, residential - legacy
Battery
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 3
Driveway - Concrete, Driveway - Gravel
Has Parking
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Individual Room
Bathroom Information
# of Baths (Full): 5
Cooling Information
Central, Zoned
Has Cooling
Room Information
Foyer, Main Floor Primary Bedroom, Walk-In Closet, Walk-In Pantry