
San Luis Obispo, California 93401
This Modern Townhome is a Strong Value Opportunity, listed at $829,000—positioned well below the $867,547 Fair Market Value by 4%. This valuation gap offers $38,547 in Instant Equity for the buyer. With an Excellent Condition Rating, this 2023 build features owned solar, luxury vinyl plank flooring, and a tankless water heater. Located in the San Luis Coastal Unified district, it offers a lifestyle-focused sanctuary for Owner-Occupants and first-time buyers seeking a turnkey, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1182 Tiburon Subject | $829,000* List Price | 3 | 3 | 1,651 | $524 | - |
A 1174 Tiburon Sold | $805,000 | 3 | 3 | 1,651 | $488 | 0.0 mi |
B 1115 Tiburon Sold | $872,000 | 3 | 3 | 1,619 | $539 | 0.1 mi |
C 3864 Righetti Ranch Road Sold | $859,000 | 3 | 3 | 1,651 | $520 | 0.1 mi |
D 3824 Sebright Road 1 Sold | $925,000 | 3 | 3 | 1,620 | $571 | 0.1 mi |
E 3860 Righetti Ranch Road Sold | $847,000 | 3 | 3 | 1,619 | $523 | 0.1 mi |
F 1033 Tiburon Active | $775,000 List Price | 3 | 3 | 1,651 | $469 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and well within the <10-year age bracket for an Excellent rating. It features modern finishes including luxury vinyl plank flooring, an upgraded kitchen with premium countertops, and contemporary systems such as owned solar and a tankless water heater.
Built in 2023, this home features owned solar panels, a tankless water heater, and contemporary finishes including luxury vinyl plank flooring and upgraded kitchen countertops, ensuring move-in ready convenience.
Situated directly across from the upcoming 11-acre Righetti Ranch Community Park and minutes from Edna Valley wineries and hiking trails, the property offers an ideal balance of recreation and convenience.
The southwest-facing orientation and large windows provide abundant natural light throughout the day, complemented by picturesque views of Madonna and Bishop Peaks from the front patio and primary suite.
As a townhouse with shared walls and a compact 1,802 sqft lot, the property offers less privacy and private outdoor yard space compared to detached single-family homes in the area.
With the adjacent 11-acre community park still in the early phases of construction, residents may experience temporary noise, dust, and traffic associated with local development projects.
Welcome to 1182 Tiburon Way in San Luis Obispo’s sought-after Righetti Ranch community. Built in 2023, this modern 3-bedroom, 2.5-bath townhome offers low-maintenance living with thoughtful upgrades and an unbeatable Central Coast location. Just minutes from hiking trails, Edna Valley wineries, downtown SLO, and the airport, it perfectly balances convenience and lifestyle. Step into the community and notice the clean architecture, ample parking, and beautifully maintained surroundings. The southwest-facing front patio greets you with well-groomed landscaping and distant views toward Madonna and Bishop Peaks, ideal for morning coffee or an evening glass of wine. Warm sunlight pours in through the primary bedroom and living room, filling the home with beautiful natural light throughout the day. Inside, tall ceilings and an open-concept main floor create a bright, welcoming space perfect for entertaining. The living, dining, and kitchen areas flow seamlessly, featuring luxury vinyl plank flooring throughout the downstairs for a modern, easy-care feel. The kitchen boasts an expansive peninsula with upgraded countertops and barstool seating, great for casual meals or hosting friends. A convenient powder room serves guests on the main level. Upstairs, plush carpet quiets footsteps while three spacious bedrooms and two full bathrooms provide comfort and flexibility. The primary suite offers a generous walk-in closet and ensuite bath, while the secondary bedrooms share a full bath with a double vanity. A well-appointed laundry room with sink and cabinetry makes daily chores effortless. Additional highlights include recessed lighting throughout, an attached 2-car garage with tankless water heater, owned solar that transfers to the new owner, and pre-wired lighting options with cam lights and ceiling outlets ready for your fixtures or fans. With two shared walls, this end-unit-like townhome enjoys excellent privacy and quiet enjoyment. This home sits across from the highly anticipated Righetti Ranch Community Park (over 11 acres with Phase 1 underway including playground, picnic areas, parking, bike pump track, pickleball courts, and soccer fields). Residents already enjoy nearby Islay Park, hiking at Righetti and Islay Hills, and easy access to Edna Valley wine tasting. A quick drive gets you to the SLO Airport and vibrant downtown. Modern, move-in ready, and positioned for the best of San Luis Obispo living, 1182 Tiburon Way checks every box.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,651 | 1,548.333 |
| Lot Size | 1,802 | 1,903.5 |
| Price | $829.0K | $814.4K |
| Price per sq ft | $502 | $511 |
| Built year | 2023 | 1998 |
| HOA | $348.0 | $388 |
| Days on market | 44 | 52 |
Jul 27, 2026
$829,000
Initial Listing
Aug 3, 2023
$789,500
Public Record
Feb 3, 2022
$5,193,500
Public Record