
San Luis Obispo, California 93401
This Modern Turn-Key Townhouse is a Strong Value Opportunity, listed at $775,000—positioned well below the $840,413 Fair Market Value by 7%. This valuation gap offers $65,413 in Instant Equity for the buyer. With an Excellent Condition Rating (built in 2022), the home features a high-end open-concept layout with quartz countertops and luxury vinyl plank flooring. Located in the desirable Righetti Ranch community, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a premium, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 Tiburon Way Subject 3 bd · 3 ba · 1,651 sqft · $509 | $775,000* List Price | 3 | 3 | 1,651 | $509 | - |
A 1033 Tiburon Sold 3 bd · 3 ba · 1,651 sqft · $475 · 0.0 mi | $785,000 | 3 | 3 | 1,651 | $475 | 0.0 mi |
B 1225 Sponza Dr 1 Sold 3 bd · 3 ba · 1,713 sqft · $531 · 0.2 mi | $910,000 | 3 | 3 | 1,713 | $531 | 0.2 mi |
C 3864 Righetti Ranch Road Sold 3 bd · 3 ba · 1,651 sqft · $520 · 0.0 mi | $859,000 | 3 | 3 | 1,651 | $520 | 0.0 mi |
D 1115 Tiburon Sold 3 bd · 3 ba · 1,619 sqft · $539 · 0.1 mi | $872,000 | 3 | 3 | 1,619 | $539 | 0.1 mi |
E 1174 Tiburon Sold 3 bd · 3 ba · 1,651 sqft · $488 · 0.1 mi | $805,000 | 3 | 3 | 1,651 | $488 | 0.1 mi |
F 3824 Sebright Road 1 Sold 3 bd · 3 ba · 1,620 sqft · $571 · 0.2 mi | $925,000 | 3 | 3 | 1,620 | $571 | 0.2 mi |
G 3816 Hatchery Lane 1 Active 3 bd · 3 ba · 1,673 sqft · $552 · 0.2 mi | $924,000 List Price | 3 | 3 | 1,673 | $552 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and meets the criteria for excellent condition as it is less than 10 years old. The interior features modern farmhouse aesthetics, including quartz countertops, stainless steel appliances, and luxury vinyl plank flooring throughout with no maintenance required.
Built in 2022, this modern farmhouse features high-end finishes including quartz countertops and luxury vinyl plank flooring throughout, offering a contemporary, carpet-free interior that requires no immediate upgrades.
Situated in one of San Luis Obispo's most desirable communities, the home provides excellent proximity to downtown, Cal Poly, Edna Valley wineries, and scenic hiking trails.
The 1,651 sqft floor plan is thoughtfully designed for modern living, featuring a seamless flow between living spaces, mountain views, and a spacious primary suite with a spa-inspired ensuite.
The monthly association fee of $347 adds a significant recurring expense to the carrying cost of the property, which may impact the budget for some buyers.
With a lot size of only 1,682 sqft, the property offers minimal private yard space, which may be a drawback for those seeking traditional backyard utility or gardening opportunities.
Welcome to Righetti Ranch, where modern farmhouse design meets the relaxed Central Coast lifestyle. Located in one of San Luis Obispo's most sought-after communities, this beautifully appointed 3-bedroom, 2.5-bath townhome offers stylish, low-maintenance living with an open-concept floor plan designed for everyday comfort and effortless entertaining. The light-filled kitchen features quartz countertops and flows seamlessly into the dining and living areas, creating an inviting space to gather with family and friends. Throughout the home, you'll appreciate the durability and contemporary appeal of hard-surface flooring, with luxury vinyl plank flooring throughout the main living areas and bedrooms, complemented by tile flooring in the bathrooms and laundry room, offering both style and easy maintenance with no carpet. Upstairs, the spacious primary suite features a large walk-in closet and a spa-inspired ensuite, while two additional bedrooms, a full bath with dual vanities, and a conveniently located laundry room complete the second level. Enjoy everything Righetti Ranch has to offer, including scenic hiking and biking trails, open space, rolling hillside views, and a future community park just moments away. Conveniently located near downtown San Luis Obispo, Cal Poly, shopping, restaurants, Edna Valley wineries, top-rated schools, and the San Luis Obispo Regional Airport, this exceptional Righetti Ranch home offers the very best of Central Coast living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,651 | 1,582.556 |
| Lot Size | 1,682 | 1,805.667 |
| Price | $775.0K | $792.2K |
| Price per sq ft | $469 | $499 |
| Built year | 2022 | 2006 |
| HOA | $347.0 | $374 |
| Days on market | 10 | 59 |
Oct 14, 2026
$775,000
Initial Listing
Sep 30, 2022
$695,000
Public Record
Oct 28, 2020
$3,750,000
Public Record