1178 Oceanaire, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 2 bath
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San Luis Obispo, California 93405
This Well-Maintained Single-Level Condominium is listed at $659,000, positioned alongside a $599,003 Fair Market Value. The property offers a rare single common wall layout and a spacious 1,200 sq. ft. floorplan, justifying its value within the boutique 12-unit complex. Boasting a Functional Condition Rating with newer vinyl flooring, the home is move-in ready while offering potential for cosmetic updates to drive future appreciation. Residents benefit from a gated community, heated pool, and the top-rated San Luis Coastal Unified district. This is an ideal sanctuary for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1178 Oceanaire Subject | $639,000* List Price | 2 | 2 | 1,200 | $494 | - |
A 11295 Los Osos Valley Road 14 Sold | $475,000 | 2 | 2 | 1,130 | $420 | 0.1 mi |
B 1750 Prefumo Canyon 22 Sold | $530,000 | 2 | 2 | 1,001 | $529 | 0.5 mi |
C 1106 Oceanaire Active | $675,000 List Price | 2 | 2 | 1,330 | $508 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property is well-maintained but dated. While it features newer vinyl flooring, the kitchen and bathrooms show older finishes, including white tile countertops and cabinetry that appear to be over 20 years old. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
This single-level unit features only one common wall within a boutique 12-unit complex, providing a quiet, house-like feel that is rare for condominium living.
The 1,200 sq. ft. floorplan is generously sized and features newer vinyl flooring throughout, a large primary suite with a separate vanity, and bright living spaces with shuttered windows.
The property is located in a desirable, gated community that offers a heated pool and professionally landscaped grounds, ensuring both security and a high standard of curb appeal.
Built in 1966, the property may have aging infrastructure or systems that could require more maintenance or modernization compared to newer developments.
While the unit includes a cozy brick patio, the private outdoor footprint is minimal, which may be a drawback for buyers seeking a larger yard or garden area.
A lovely, well-cared for home in a small and desirable SLO complex. This unit has a spacious 1200 sq/ft floorplan with 2 bedrooms and 2 bathrooms. The large primary suite has a separate vanity area and extra closet. The living area is light and bright with large shuttered windows that look out to the pool area, and is open to the good-sized dining area. The dining area leads to a cozy backyard brick and fenced in patio. The sparkling kitchen is equipped with dishwasher, double oven, fridge, cooktop and pantry. Laundry area is in the second bath. There is newer vinyl flooring throughout. The property consists of 12 single level units, each with only one common wall. A quiet community with a heated pool and large area around the pool for gathering. Completely landscaped and nicely maintained. There is a security gate at the front entrance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,228 | 46% |
| Lot Size | 1,181 | 1,228 | 46% |
| Price | $639.0K | $700.0K | 46% |
| Price per sq ft | $532 | $570 | 46% |
| Built year | 1966 | 1987 | 8% |
| HOA | $390.0 | $383 | 54% |
| Days on market | 38 | 143 | 15% |
May 8, 2026
$639,000
$659,000
-3% Price Drop
Initial Listing
Apr 29, 2026
$659,000
Initial Listing
Oct 14, 2022
$555,000
Public Record
Sep 13, 2011
$190,000
Public Record
Jul 15, 1994
$116,500
Public Record