1083 Legacy, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 5 bed, 4 bath
1083 Legacy
San Luis Obispo, California 93405
Property Price
SUMMARY
Analysis of 1083 Legacy, San Luis Obispo, California 93405 reveals a Prime Investment Opportunity with a current list price of $1,450,000—significantly undercutting the $1,516,158 Fair Market Value by 4%. This valuation gap indicates a +$66,158 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Luis Obispo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2024, this property is in pristine, brand-new condition. It features modern architectural design, high-end kitchen appliances, contemporary light fixtures, and premium finishes like epoxy garage floors. All systems are new, meeting the highest current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Attached ADU
The property features a versatile attached Accessory Dwelling Unit (ADU), offering significant value for multigenerational living, guest accommodations, or potential rental income.
- Premium Lot Size
Situated on one of the largest lots in the San Luis Ranch development (approx. 6,000 sq ft), this home provides rare outdoor space and enhanced privacy for a newer community.
- Modern Turnkey Condition
Built in 2024, the home offers contemporary design, high-quality finishes, and a finished epoxy garage, ensuring a move-in-ready experience with modern energy efficiencies.
CONSRISKS & DEFICIENCIES
- High-Density Environment
As part of a planned unit development, the property is located in a high-density area where homes are positioned closely together, which may limit the sense of seclusion.
- Rapid Price Appreciation
The listing price reflects a significant increase from its recent 2024 sale price, which may lead to appraisal challenges or buyer hesitation regarding market value sustainability.
About 1083 Legacy
Welcome to 1083 Legacy Lane in the desirable San Luis Ranch community of San Luis Obispo. Situated on one of the largest lots in the development (approx. 6,000± sq ft), this newer 4-bedroom, 3-bath home offers modern design, flexible living, and exceptional indoor-outdoor flow. Light-filled living spaces and quality finishes create a clean, move-in-ready environment ideal for everyday living and entertaining. A standout feature is the attached ADU, perfect for multigenerational living, guest space, rental income, or a private office. The thoughtfully landscaped yard provides rare space and privacy for a newer neighborhood, ideal for relaxing or gathering outdoors. The finished garage with epoxy-coated floors adds both durability and style. A unique opportunity to own a versatile, premier property in one of SLO’s most sought-after communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 6,044 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,572 | 2,148 | 73% |
| Lot Size | 6,044 | 7,240 | 29% |
| Price | $1.45M | $1.23M | 67% |
| Price per sq ft | $564 | $614 | 35% |
| Built year | 2024 | 1977 | 98% |
| HOA | $90.0 | $0 | 78% |
| Days on market | 3 | 157 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,450,000
Initial Listing
Sold
Dec 3, 2024
$1,255,000
Public Record
Sold
Aug 25, 2023
$14,024,500
Public Record