Welcome to 225 O'Connor Way, a captivating country property bursting with untapped potential in the heart of San Luis Obispo. This property offers two parcels and a prime location that's perfect for animal or horse enthusiasts, with ample space to build your dream home. The first parcel, spanning 7.8 acres features a delightful single-level farmhouse with a horse barn, pastures, animal enclosures, private wells, and water storage tank. The neighboring parcel two, a 23.03-acre expanse and currently utilized for cattle grazing, is zoned for a new owner to build a single-family home with guest house or ADU. In total, this property offers 30.83 fenced acres, allowing you to create your ideal coastal Californian ranchette, all just minutes from downtown San Luis Obispo and Highway 101. Step inside the charming farmhouse residence situated on parcel one with 7.8 acres, where you'll find 3 bedrooms, 2 bathrooms, informal and formal living rooms, a wood-burning fireplace, laundry room, enclosed patio with BBQ, a 2-car attached garage, and a detached studio building that's perfect for an art studio or home office space. Almost every room offers impressive views of the surrounding hillsides and the iconic "Seven Sister" peaks. This home is ready for a new owner to renovate and add their personal touches! Outside, the property boasts grassy lawns, lush landscaping, and nearby animal enclosures perfect for 4-H animals or horses. The cinder block barn features four horse runs off of the barn, three animal/horse stall enclosures, tack room, and hay storage area. On each side of the barn there are two pens, and one additional pen located next to the house. This area of the property also includes a working cattle squeeze shoot and two long pasture runs. Whether you're seeking a tranquil escape or envisioning your own agricultural haven, this property has it all. Don't miss this rare chance to own a quintessential ranchette on the Central Coast! If you're looking for more space or privacy, the neighboring 98.97-acre parcel (APN 067-061-057) with an entrance on Los Osos Valley Road is currently for sale and available for purchase with this property.