
San Luis Obispo, California 93405
Analysis of 1106 Oceanaire Drive 45, San Luis Obispo, California 93405 is currently available with a list price of $699,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1981, this property is well-maintained and move-in ready but remains largely dated. The kitchen and bathrooms feature older tile countertops, painted original-style cabinetry, and white appliances that are functional but exceed the 20-year threshold for modern updates. While the systems appear operational, the overall aesthetic requires cosmetic renovation to meet current market standards.
The 1,768 sq ft layout features high ceilings, vaulted primary suite ceilings, and expansive windows that maximize natural light and create an airy, inviting atmosphere.
Situated in the highly sought-after Windermere community, the property offers excellent proximity to top-rated schools, restaurants, parks, and popular hiking trails.
A low-maintenance private patio located directly off the living room provides a seamless indoor-outdoor flow, ideal for entertaining and relaxation.
The monthly HOA fee of $502 is a significant recurring expense that may impact the overall affordability for some buyers.
With only a one-car attached garage for a three-bedroom home, parking may be insufficient for multi-vehicle households or guests.
Welcome to this amazing 3-bedroom, 2.5-bath townhome ideally situated in the highly sought-after Windermere community. This 1,768 sq ft home features a bright and inviting living space, where high ceilings, expansive windows, and a cozy fireplace creates a warm yet airy atmosphere filled with lots of natural light. And, just off the living room, one can enjoy indoor-outdoor living with a your own private patio—ideal for entertaining, grilling, or gardening. The thoughtfully designed kitchen has a gas stove and plenty of counter top and cabinet space. Dining area just off the kitchen, as well as half bath and laundry area. Upstairs, there are three bedrooms and a full bathroom. The huge primary suite serves as a private retreat with vaulted ceilings, a generous walk-in closet, and an en suite bathroom w/dual vanities. Other amenities include attached 1 car garage plus one close by assigned parking spot. Fabulous San Luis Obispo location, very close to schools, restaurants, Laguna Village Shopping Center, Costco, Whole Foods, parks, and beaches and hiking trails!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,768 | 1,762.5 | 50% |
| Lot Size | 1,768 | 1,762.5 | 50% |
| Price | $699.0K | $764.5K | 50% |
| Price per sq ft | $395 | $434 | 50% |
| Built year | 1981 | 1980 | 50% |
| HOA | $502.0 | $501 | 50% |
| Days on market | 46 | 76 | 50% |
May 22, 2026
$699,000
$749,000
-7% Price Drop
Initial Listing
Apr 21, 2026
$749,000
Initial Listing
May 2, 2014
$399,000
Public Record
Apr 14, 2005
$489,000
Public Record
Jun 21, 2002
$370,000
Public Record
Nov 10, 1993
$167,500
Public Record