1176 Oceanaire Drive, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 2 bath
Loading property details...
San Luis Obispo, California 93405
This Townhouse represents a Strong Value Opportunity, listed at $574,900—positioned slightly above the $570,776 Fair Market Value. While the property is priced at market, it offers a stable entry into the San Luis Obispo market. Featuring brand new flooring and access to a resort-style pool, the home maintains a Condition Rating of 4, indicating a need for future cosmetic updates to maximize long-term value. Located in the San Luis Coastal Unified district, this property is an ideal fit for first-time buyers or downsizers seeking a lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1176 Oceanaire Drive Subject | $574,900* List Price | 2 | 2 | 1,188 | $480 | - |
A 1351 Royal Way #4 Active | $659,000 List Price | 3 | 2 | 1,239 | $532 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this property is dated despite recent cosmetic improvements like new flooring. The kitchen features older white appliances and painted cabinetry, and the bathrooms utilize basic, older-style surrounds. While functional and well-maintained, the primary systems and finishes appear to be over 20 years old and require modern updates.
Situated in a highly desirable San Luis Obispo neighborhood, the property offers immediate access to top-tier hiking trails, local parks, and the vibrant downtown area, catering perfectly to the Central Coast lifestyle.
The home features brand new flooring throughout, providing a fresh and contemporary aesthetic that enhances its move-in-ready appeal for first-time buyers or downsizers.
Residents benefit from a well-maintained planned community that includes access to a resort-style pool and private patio space, offering a leisure-focused living experience.
Originally built in 1966, the property may require ongoing maintenance or future capital improvements to older mechanical systems and structural components typical of its era.
With a lot size of 1,188 square feet matching the interior living area, there is no traditional yard space beyond the private patio, which may be a drawback for pet owners or those seeking garden space.
Welcome to 1176 Oceanaire Drive — a charming home nestled in one of San Luis Obispo's most beloved neighborhoods. This 2-bedroom, 2-bathroom residence offers comfortable living in a peaceful planned community setting, blending classic Central Coast character with everyday convenience. Conveniently located with easy access to Los Osos Valley Road, nearby parks, and some of the Central Coast's best hiking trails, this home is a great fit for those who enjoy spending time outdoors. Whether you're a first-time buyer or someone looking to downsize without compromise, this property checks all the boxes. Step inside to discover brand new flooring that gives the home a fresh, modern feel throughout. The thoughtful floor plan offers a welcoming living area, a functional kitchen, and two comfortable bedrooms. When it's time to relax, step out to your own private patio — a lovely spot for morning coffee or al fresco dining. Residents also enjoy access to a resort-style pool, perfect for warm afternoons, all within a well-maintained neighborhood that exudes pride of ownership. From weekend hikes to evenings out in downtown SLO, this location puts it all within easy reach. Local restaurants and charming shops are just minutes away, making this a home that truly fits the Central Coast lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,188 | 1,608 |
| Lot Size | 1,188 | 1,768 |
| Price | $574.9K | $809.1K |
| Price per sq ft | $484 | $515 |
| Built year | 1966 | 1997 |
| HOA | $390.0 | $400 |
| Days on market | 26 | 51 |
Jun 26, 2026
$574,900
Initial Listing