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Neighborhoods · City of San Luis Obispo

West SLO: Laguna Lake, LOVR & Madonna

Laguna Lake, Los Osos Valley Road and the Madonna Road area, including the San Luis Ranch and Froom Ranch specific plan areas at the foot of the Irish Hills.

Includes: Laguna Lake · Los Osos Valley Road · Madonna Road · San Luis Ranch · Froom Ranch

Home market: ZIP 93405

West & north SLO, Laguna Lake, Cal Poly. Sales for August 2026; homes for sale as of October 8, 2026. ZIP-level data from Redfin, the smallest area with reliable figures.

Median sale price
$1,248,460
▲ 25.0% vs. a year ago
Homes sold (August 2026)
48
▼ 3.3% vs. a year ago
Median days on market
37
+3 days vs. a year ago
Homes for sale now
38
incl. 3 condos (median list $637,000)

Homes sold at 99% of list price on average. Monthly ZIP figures swing with a small number of sales, so compare several months before drawing conclusions. Countywide trends are on the market data page.

What's being built: 2 projects

Every project of five or more homes or 2,500+ sq ft of commercial space that the City is tracking in this area, from the City's Current Development Projects map. Each "Map" link opens the location.

Under building review (1)

Building plans in City plan check

ProjectWhat it isLocation
Froom RanchSpecific Plan: 130 apartments, a 120-room hotel, 30,000 sq ft of commercial space, a Life Plan (senior) community, a 2.9-acre trailhead park and open space.Map

Under planning review (1)

Application filed; not yet approved

ProjectWhat it isLocation
San Luis Ranch, Lot 7Specific Plan amendment to add about 276 apartments on Dalidio Drive in place of some planned commercial space.Map

Public schools

Schools listed are located in or next to this area; school assignment depends on your exact address. Confirm with San Luis Coastal Unified School District.

Open space & walkability

San Luis Obispo as a whole has a Walk Score of 56 ("somewhat walkable"), a Bike Score of 69 and a Transit Score of 28 (Walk Score). Areas closer to downtown are generally more walkable than the city's edges.

City trail information: City of San Luis Obispo Trail System.

Other SLO areas

Sources

Project details and stages come from the City's public map and can change quickly; contact City Community Development (805-781-7170) for the latest on a specific project. Area boundaries here are general guides, not official neighborhood lines. Market data are estimates from Redfin.