1288 Chaparral, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 3 bath

1288 Chaparral
San Luis Obispo, California 93401
Property Price
SUMMARY
Analysis of 1288 Chaparral, San Luis Obispo, California 93401 reveals a Fairly Priced Property with a current list price of $845,000 aligned with the estimated $845,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1288 Chaparral Subject | $845,000* List Price | 2 | 3 | 1,537 | $550 | - |
A 1283 Manzanita Way Pending | $759,000 List Price | 2 | 3 | 1,311 | $579 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant modern updates that exceed its 1995 build year. Key highlights include a recently updated kitchen with Quartzite countertops and custom maple cabinetry, new interior paint, and durable laminate/vinyl flooring throughout. The addition of high-value systems such as a fully owned solar power system and an EV charger, along with a resurfaced primary deck, indicates excellent maintenance and modernization. While the overall structure is nearly 30 years old, the interior renovations and well-maintained community amenities align with the 'Good' condition category.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Tech
The property features a fully owned solar power system and a built-in EV charger, offering significant utility savings and modern convenience for eco-conscious buyers.
- Premium Kitchen Upgrades
The updated kitchen is a standout feature, equipped with high-end Quartzite countertops, custom maple cabinetry with pull-out shelving, and a functional center island.
- Desirable Community Amenities
Located in Islay Pointe Villas, residents benefit from well-maintained common areas, a private swimming pool, and a heated spa, all set against a scenic mountain backdrop.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1694, living area = 1537.
- High Monthly HOA Fees
The association fee of $464 per month represents a significant recurring expense that may impact the overall affordability for some prospective buyers.
- Limited Bedroom Count & Lot Size
With only two dedicated bedrooms and a very compact 1,694 sqft lot, the home may lack the space required for larger families or those desiring a traditional backyard.
About 1288 Chaparral
SWEET LOCATION. 1288 Chaparral Circle is located near shopping, schools, and parks, assuring this home checks all the boxes for SLO living. Islay Pointe Villas is a beautifully landscaped planned unit development neighboring the Islay Foothills and Islay Hill Park where the picturesque mountain views set a serene country backdrop. The common areas at Islay Pointe Villas are beautifully maintained and include a private recreation facility, featuring a swimming pool and heated spa. This, newly painted interior, two-story residence features two bedrooms plus an open bonus/loft area. The first floor welcomes you into an open dining and living room with a wall tiled gas fireplace and sliding glass doors inviting you outdoors to a quaint patio and yard area. Enjoy laminate and vinyl flooring throughout for easy care and maintenance. The updated kitchen features a large center island hosting a gas stove and oven, Quartzite countertops, custom maple cabinets and pantry with custom pullout shelves for ample storage throughout. A convenient half bath is also located just off the kitchen. The second floor accommodates the primary bedroom featuring an expansive private deck (newly resurfaced) to enjoy views throughout the day and evening. The primary bedroom offers a generously sized closet with storage cabinets above, and a nicely appointed primary bathroom showcasing a luxury bidet toilet, dual sink vanity and jetted tub. The second bedroom and ensuite bathroom are conveniently situated across the bonus space offering comfort and privacy. Added elements on the second floor include an enclosed laundry closet and a versatile open loft/bonus space between the bedrooms. The home is equipped with a fully owned Solar Power System making utilities efficient and very low cost. The two-car garage is well fitted with a full wall of custom cabinets for storing all your tools and supplies and an EV charger for your convenience. Call soon to schedule a tour. Let's Move !
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 1,694 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $464.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 22% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,537 | 1,722 | 39% |
| Lot Size | 1,694 | 6,000 | 3% |
| Price | $845.0K | $1.17M | 19% |
| Price per sq ft | $550 | $660 | 13% |
| Built year | 1995 | 1995 | 50% |
| HOA | $464.0 | $0 | 99% |
| Days on market | 131 | 177 | 21% |
Pricing History
Listed for Sale
Mar 2, 2026
$845,000
$848,000
+0% Price Increase
Initial Listing
Price Change
Feb 26, 2026
$848,000
Initial Listing
Price Change
Oct 27, 2025
$852,500
Initial Listing
Sold
Sep 5, 1997
$175,000
Public Record








































