1330 Oceanaire Drive, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 2 bed, 3 bath
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San Luis Obispo, California 93405
This Turnkey Lakefront Residence is a Strong Value Opportunity, listed at $1,375,000—positioned slightly above the $1,281,482 Fair Market Value. While priced at a premium, the property offers a rare lifestyle asset with panoramic lake and mountain views, a private boat dock, and a 2011 custom rebuild. Featuring a gourmet kitchen with leathered granite and a Good Condition Rating, this home provides immediate, high-end comfort. It is an ideal sanctuary for outdoor enthusiasts or discerning owner-occupants seeking a unique, move-in ready retreat in San Luis Obispo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1330 Oceanaire Drive Subject | $1,375,000* List Price | 2 | 3 | 1,881 | $681 | - |
A 1222 W Newport Street Sold | $970,000 | 4 | 2 | 1,397 | $694 | 0.3 mi |
B 1234 Laguna Lane Sold | $981,000 | 3 | 2 | 1,574 | $623 | 0.3 mi |
C 1330 Vega Sold | $1,249,000 | 4 | 3 | 1,846 | $677 | 0.6 mi |
D 1465 Gulf Sold | $1,020,000 | 4 | 2 | 1,380 | $739 | 0.2 mi |
E 1736 Royal Court Sold | $1,180,000 | 3 | 2 | 1,666 | $708 | 0.7 mi |
F 855 Mirada Drive Sold | $1,399,000 | 4 | 3 | 2,624 | $533 | 0.8 mi |
G 1082 Cortez Court Sold | $1,000,000 | 4 | 2 | 1,196 | $836 | 0.6 mi |
H 946 Parkview Sold | $1,400,000 | 4 | 4 | 2,317 | $604 | 0.7 mi |
I 844 Escuela Court Active | $1,279,900 List Price | 3 | 3 | 1,700 | $753 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was rebuilt in 2011, making the major renovation 15 years old relative to the 2026 listing date. It features a high-end gourmet kitchen with leathered granite, updated bathrooms, and modern craftsman finishes. The home is exceptionally well-maintained and move-in ready, fitting the 5-15 year renovation window for a 'Good' rating.
This rare property offers direct access to Laguna Lake with a private boat dock and panoramic views of Bishop's Peak, providing an unmatched lifestyle and high long-term value.
Extensively rebuilt in 2011, the home features meticulous Craftsman architecture, a gourmet kitchen with leathered granite, and modern systems that blend timeless character with contemporary comfort.
The thoughtful single-story layout includes two primary suites and an open-concept design, making it ideal for retirees or those seeking accessibility without sacrificing luxury.
With only two bedrooms, the property may see restricted demand from larger families or buyers requiring multiple dedicated home offices.
At a list price of $1,375,000 for 1,881 square feet, the property commands a high price per square foot that may challenge value-oriented buyers despite its unique amenities.
Experience breathtaking lakefront living in this exceptional custom Craftsman home in San Luis Obispo. Perfectly positioned along the shores of Laguna Lake, this thoughtfully designed single-story residence with two primary suites showcases panoramic views of Laguna Lake and surrounding mountains including Bishop's Peak. Rebuilt in 2011 with meticulous attention to detail, the home beautifully reflects the timeless character and craftsmanship of classic Craftsman architecture while offering modern comfort and quality throughout. A charming gated courtyard creates a warm welcome, leading you into an inviting interior and continuing through to the expansive lakeside patio and private boat dock—an ideal setting for relaxing or entertaining against a stunning natural backdrop. At the heart of the home, a double-sided fireplace creates a cozy ambiance, connecting the spacious great room and comfortable family room. The gourmet kitchen features leathered granite countertops, abundant workspace, and an open-concept design that seamlessly flows into both the dining area and family room, making it perfect for everyday living and gatherings alike. The front and back yards feature attractive, low-maintenance artificial turf, creating beautiful outdoor spaces that are both water-wise and exceptionally pet-friendly. With direct access to walking paths around Laguna Lake, this home is an ideal retreat for pet lovers and outdoor enthusiasts alike. The property backyard includes a lower terrace with private dock to launch your kayaks from! The versatile garage offers exceptional flexibility, complete with custom wood cabinetry for ample storage on one side and French doors opening to the courtyard, creating opportunities for a workshop, studio, or additional entertaining space. Offering spectacular views, effortless single-level living, timeless custom craftsmanship, and an extensively updated interior, this one-of-a-kind property presents a rare opportunity to enjoy the very best of Central Coast living. Entertain, relax, and embrace the unmatched lifestyle this exceptional lakefront property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,881 | 1,846 |
| Lot Size | 7,200 | 5,168 |
| Price | $1.38M | $1.23M |
| Price per sq ft | $731 | $655 |
| Built year | 1967 | 1989 |
| HOA | $0 | $116 |
| Days on market | 7 | 48 |
Jul 15, 2026
$1,375,000
Initial Listing
Dec 31, 2019
$935,000
Public Record
Feb 27, 2002
$445,000
Public Record
Jan 16, 1996
$255,000
Public Record