Google satellite image for 5885 Balm Ridge Way, San Luis Obispo, CA 93401

Off market aug 1997 for $164K

$1,966,866

Est. refi paymentEst. refi $1,104/mo

•

4 ba

•

2,844

sq ft

5885 Balm Ridge Way, San Luis Obispo, CA 93401

About this home

5885 Balm Ridge Way is a 2,844 square foot house on a 1.2 acre lot with 3 bedrooms and 4 bathrooms. - it last sold on August 29, 1997 for $164,000. Based on Redfin's San Luis Obispo data, we estimate the home's value is $1,966,866.

Single-familyProperty Type

2005Year Built

1.2 acresLot Size

$692Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,966,866

$1.8M since sold in August 1997$455K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.6% lower than the average sale price ($2.06M) of 6 comparable homes.

SOLD OCT 8, 2026
$2,279,282
A
3 beds3 baths2,485 sq ft
6741 Tierras Altas Ln, San Luis Obispo, CA 93405
SOLD AUG 31, 2026
$2,191,174
B
4 beds4.5 baths2,718 sq ft
6640 Valle Verde Ln, San Luis Obispo, CA 93405
SOLD AUG 21, 2026
$1,640,000
C
4 beds4 baths2,963 sq ft
1816 Spooner, San Luis Obispo, CA 93405
SOLD MAR 27, 2026
$2,400,000
D
3 beds3.5 baths3,450 sq ft
769 Greystone Pl, San Luis Obispo, CA 93401
SOLD SEP 11, 2026
$2,250,000
E
4 beds3 baths3,139 sq ft
6630 Valle Verde Ln, San Luis Obispo, CA 93405
SOLD SEP 30, 2026
$1,610,000
F
3 beds2.5 baths2,265 sq ft
5765 Butter Cup, Avila Beach, CA 93424

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Earn from this home

Sell

$1,852,249

Est. take-home

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Refinance

Est. cash available

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Rent

$7,522/mo

Redfin rental estimate

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Market trends in 93401, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.3%

0.1% MoM

Median sale price

$1.0M

$26K MoM

Avg. days on market

40d

0 days MoM

Recently sold homes

15 MoM

New listings for sale

COMING SOON
$375,000
3 beds2 baths1,454 sq ft
3860 S Higuera St #124, San Luis Obispo, CA 93401
$1,450,000
3 beds3 baths2,050 sq ft
1300 Kentwood, San Luis Obispo, CA 93401
$595,000
1 bed1 bath925 sq ft
2046 King, San Luis Obispo, CA 93401
OPEN TODAY, 2PM TO 4PM
$1,125,000
3 beds1 bath1,026 sq ft
1411 Sydney St, San Luis Obispo, CA 93401
$735,000
3 beds1 bath1,272 sq ft
3280 Rockview Pl, San Luis Obispo, CA 93401
$1,590,000
5 beds4.5 baths2,519 sq ft
1602 Sydney St, San Luis Obispo, CA 93401
(805) 300-4251
$775,000
3 beds2.5 baths1,651 sq ft
1037 Tiburon Way, San Luis Obispo, CA 93401
$3,500,000
3 beds4 baths3,376 sq ft
1138 Marsh St, San Luis Obispo, CA 93401
3D WALKTHROUGH
$1,785,000
3 beds2.5 baths2,049 sq ft
456 Squire Canyon Rd, San Luis Obispo, CA 93401
See all

Provided by Redfin

Sale history for 5885 Balm Ridge Way

Year

Property tax

Land + Additions

Assessment*

2025

$13,349 (+1.7%)

$309,741 + $932,691

$1,242,432

2024

$13,120 (+1.9%)

$303,668 + $914,403

$1,218,071

2023

$12,882 (+6.7%)

$297,714 + $896,474

$1,194,188

2022

$12,073 (+1.6%)

$291,877 + $878,897

$1,170,774

2021

$11,879 (+1.0%)

$286,154 + $861,664

$1,147,818

2020

$11,757 (+0.9%)

$280,544 + $844,769

$1,125,313

2019

$11,648 (+1.5%)

$277,668 + $836,107

$1,113,775

2018

$11,479 (+2.0%)

$272,224 + $819,713

$1,091,937

2017

$11,254 (+2.0%)

$261,654 + $787,884

$1,049,538

2016

$11,033 (+1.6%)

$261,654 + $787,884

$1,049,538

2015

$10,864 (+8.9%)

$256,524 + $772,436

$1,028,960

2014

$9,976 (+0.5%)

$247,722 + $745,931

$993,653

2013

$9,931 (+2.0%)

$246,603 + $742,560

$989,163

2012

$9,736

$246,603 + $742,560

$989,163

Tax history for 5885 Balm Ridge Way

Year

Property tax

Land + Additions

Assessment*

2025

$13,349 (+1.7%)

$309,741 + $932,691

$1,242,432

2024

$13,120 (+1.9%)

$303,668 + $914,403

$1,218,071

2023

$12,882 (+6.7%)

$297,714 + $896,474

$1,194,188

2022

$12,073 (+1.6%)

$291,877 + $878,897

$1,170,774

2021

$11,879 (+1.0%)

$286,154 + $861,664

$1,147,818

2020

$11,757 (+0.9%)

$280,544 + $844,769

$1,125,313

2019

$11,648 (+1.5%)

$277,668 + $836,107

$1,113,775

2018

$11,479 (+2.0%)

$272,224 + $819,713

$1,091,937

2017

$11,254 (+2.0%)

$261,654 + $787,884

$1,049,538

2016

$11,033 (+1.6%)

$261,654 + $787,884

$1,049,538

2015

$10,864 (+8.9%)

$256,524 + $772,436

$1,028,960

2014

$9,976 (+0.5%)

$247,722 + $745,931

$993,653

2013

$9,931 (+2.0%)

$246,603 + $742,560

$989,163

2012

$9,736

$246,603 + $742,560

$989,163

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Jul 12, 2010 • Final

Residential - additions/alterations

HVAC

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

Interior

Heating & Cooling
Heating Type: Forced Air Electric

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 9

Exterior

Exterior Information
Construction Type: Wood
Building Construction Quality: Good

Property Information
Living Sq. Ft: 2,844
Building Sq. Ft: 2,844
# of Stories: 1
Legal Description: TR 1637 LT 18 & PTN LT 24

Parking & Garage Information
# of Parking Spaces: 4

Lot Information
# of Buildings: 1
Land Sq. Ft: 52,272
Legal Lot Number: 18
Municipality Name: OUTSIDE CITY OF SAN LUIS OBISP
Acres: 1.2
Zoning Code: RL
County Use Description: SFR URBAN 1-2.5 AC

Utility Information
Utility Type: Electric

Financial

Assessor Information
Assessment Year: 2026
Tax District County: OUTSIDE CITY OF SAN LUIS OBISP
Tax Area: BELLEVUE/SANTA FE

Public facts

Beds: 3
Baths: 4.0
Sq. Ft.: 2,844
Stories: 1.0
Lot Size: 1.2 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: —
County: San Luis Obispo County
APN: 076-243-018

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

Los Ranchos Elementary School

Public K-6 • Assigned • 3.3mi

7/10

Laguna Middle School

Public 7-8 • Assigned • 3.9mi

9/10

San Luis Obispo High School

Public 9-12 • Assigned • 5.3mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

3% chance of being in a wildfire in next 30 years

3/10 Heat Factor

0 hot days expected this year, 0 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

11 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

San Luis Obispo, CA • 93401

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.6 hours in June and 5 hours in December, placing it above the U.S. average for solar exposure.

10.6 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.87M – $2.26M

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3D WALKTHROUGH

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Home values near 5885 Balm Ridge Way

Data from public records.

Address	Redfin Estimate
5855 Balm Ridge Way, San Luis Obispo, CA 3 Beds \| 2.5 Baths \| 2658 Sq. Ft.	$1,962,399
5725 Balm Ridge Way, San Luis Obispo, CA 3 Beds \| 3 Baths \| 3104 Sq. Ft.	$1,807,454

Address	Redfin Estimate
5955 Balm Ridge Way, San Luis Obispo, CA 3 Beds \| 3 Baths \| 3337 Sq. Ft.	$2,387,695
6050 Balm Ridge Way, San Luis Obispo, CA 3 Beds \| 3 Baths \| 2670 Sq. Ft.	$2,662,654

Address	Redfin Estimate
5775 Balm Ridge Way, San Luis Obispo, CA 2 Beds \| 3 Baths \| 3568 Sq. Ft.	$2,783,885
5850 Balm Ridge Way, San Luis Obispo, CA 2 Beds \| 3 Baths \| 2860 Sq. Ft.	$2,293,545

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