1308 Balboa, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 2 bath
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San Luis Obispo, California 93405
This Turnkey Single Family Residence is listed at $929,900, reflecting a premium valuation relative to its $869,382 Fair Market Value. While priced above market, the property offers an Excellent Condition Rating with over $100k in structural upgrades, including a new roof, electrical panel, and foundation reinforcement. Situated in the San Luis Coastal Unified district, this home features a desirable corner lot, Mountain Views, and a modern, fully updated interior. This is a maintenance-free sanctuary, making it an ideal acquisition for discerning professionals or move-in ready buyers seeking a stress-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1308 Balboa Subject | $929,900* List Price | 3 | 2 | 1,116 | $779 | - |
A 1465 Gulf Sold | $1,020,000 | 4 | 2 | 1,380 | $739 | 0.2 mi |
B 1466 Balboa Street Sold | $995,000 | 4 | 2 | 1,380 | $721 | 0.2 mi |
C 1222 W Newport Street Pending | $939,000 List Price | 4 | 2 | 1,397 | $672 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1963 home has undergone a comprehensive recent renovation (likely <5 years) including a brand new roof, new electrical panel, $100k in foundation reinforcement, and new attic insulation. The interior is in mint condition with newer LVP flooring, windows, and fresh paint throughout, meeting the criteria for a turnkey, maintenance-free property.
The property features significant capital improvements including a new roof, new electrical panel, and $100,000 in foundation reinforcement, providing exceptional long-term value and peace of mind.
This fully updated home offers a seamless move-in experience with newer LVP flooring, fresh interior/exterior paint, and a whole-house water filtration and softening system.
Situated on a desirable corner lot, the residence boasts professional landscaping with new turf and scenic mountain views, enhancing its curb appeal and outdoor living experience.
With only 1,116 square feet of living space for a three-bedroom layout, the individual room sizes and common areas may feel compact for some buyers.
The list price of $929,900 reflects a premium valuation for the home's size, which may be a deterrent for those prioritizing maximum indoor space for their budget.
Discover the perfect blend of contemporary style and effortless living in this fully updated single story gem. Boasting meticulous upgrades throughout. This home offers the "turnkey" experience. The property located on a desirable corner lot has an open 3 bedroom 2 bath floorplan with updates galore. The home has a brand new roof, new electrical panel, almost $100k in foundation reinforcement done, new blown in attic insulation, new interior and exterior paint, newer LVP throughout, newer windows, new driveway, walkways and patio, a whole house filtration and water softening system and gorgeous new turf in the back yard. The home offers a getaway from the daily stressors of life as you walk into this calming Laguna Lakes sanctuary. Please reach out to your favorite agent and schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,116 | 1,793 | 6% |
| Lot Size | 6,150 | 6,600 | 34% |
| Price | $929.9K | $1.25M | 21% |
| Price per sq ft | $833 | $708 | 79% |
| Built year | 1963 | 1977 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 117 | 6% |
May 8, 2026
$929,900
Initial Listing
May 23, 2024
$732,000
Public Record