1351 Royal Way #4, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 2 bath
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San Luis Obispo, California 93405
Analysis of 1351 Royal Way #4, San Luis Obispo, California 93405 is currently available with a list price of $675,000. 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.
Property is move-in ready.
Built in 1979 but features significant recent mechanical and cosmetic updates. The HVAC system and AC are less than a year old, and the property has brand new interior paint, carpeting, and newer dual-pane windows. While the kitchen cabinetry and tile counters appear dated, the appliances are nearly new and the home is in move-in ready condition.
The property features significant recent upgrades including a new HVAC system, dual-pane windows, fresh interior paint, and new carpeting, ensuring immediate comfort and reduced near-term maintenance costs.
Situated in the desirable 'The Pines' complex, the home offers excellent proximity to Laguna Lake Park, hiking trails, shopping, and dining, making it highly attractive for active lifestyles.
The unit includes a private rear yard with a large brick patio and gardening space, providing a rare level of outdoor privacy and utility for a townhouse in this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2096, other record lot size in square feet = 63516.
With three bedrooms but only 1.5 bathrooms, the configuration may be a drawback for larger households or those desiring a full master ensuite.
The $380 monthly association fee adds a consistent recurring expense that budget-conscious buyers must factor into their total monthly carrying costs.
Convenience and comfort are yours in this lovely 3 bedroom, 1.5 bath unit in The Pines, a desirable, well-located complex in San Luis Obispo. It’s just blocks from popular restaurants, shopping, schools, hiking trails, and Laguna Lake Park. The living area features a vaulted ceiling and cozy brick fireplace, and is open to the dining roon and kitchen. A private rear yard off the living area offers a large brick patio, perfect for grilling, and ample room for gardening. Recent upgrades include brand new interior paint and carpeting, a furnace and air conditioning system less than a year old, and newer dual pane windows and water heater. Both bathrooms have been updated as well. Washer/dryer and refrigerator are included, all less than two years old. The attached two-car garage is spacious, and has a side mount garage door opener, controllable by cell phone. Priced well at $675,000.
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 | 1,239 | 1,498 | 50% |
| Lot Size | 2,096 | 1,926.5 | 50% |
| Price | $675.0K | $752.5K | 50% |
| Price per sq ft | $545 | $509 | 50% |
| Built year | 1979 | 1979 | 50% |
| HOA | $380.0 | $440 | 50% |
| Days on market | 11 | 58 | 50% |
May 26, 2026
$675,000
Initial Listing