1380 Alder Street, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 4 bed, 3 bath
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San Luis Obispo, California 93401
This Functional Islay Hills Residence represents a stable long-term asset in a high-demand San Luis Obispo corridor. Listed at $1,100,000, the price reflects the premium nature of the San Luis Coastal Unified district, despite the $992,297 Fair Market Value. The home features a Versatile Floor Plan with a rare main-level bedroom and a primary suite offering Scenic Islay Hill Views. Currently holding a Condition Score of 4, the property invites modern updates to its original 1998 finishes. It is perfectly suited for Owner-Occupants or lifestyle-seeking professionals.
Property is moderate renovation needed.
Built in 1998, the property is 28 years old and falls into the >20y category. While well-maintained, the kitchen and systems appear original, featuring dated oak cabinetry, white appliances, and tile countertops that require modern updates.
Situated in the desirable Islay Hills neighborhood, the property offers excellent proximity to hiking trails, parks, schools, and shopping, making it ideal for active lifestyles.
The 1,635 sqft layout features high ceilings and a rare main-level bedroom, providing flexibility for a home office, guest suite, or multi-generational living.
The primary suite boasts beautiful views of Islay Hill, adding a serene and premium feel to the home's private quarters.
At just 4,032 square feet, the lot is relatively small, which may limit outdoor recreational space or gardening opportunities for some buyers.
Built in 1998, the home may require cosmetic updates or appliance upgrades to meet the contemporary aesthetic expectations of buyers at the $1.1M price point.
Welcome to this bright 4 bedroom and 2.5 bathroom home offering approximately 1,635 square feet of living space on a 4,032 square foot lot in the desirable Islay Hills neighborhood. Built in 1998, this home offers an open floor plan with comfortable living spaces. Upon entry, you are welcomed into a living room with high ceilings that flow into the dining and kitchen areas. The dining space features a slider door that fills the home with natural light and provides access to the rear yard, for easy indoor-outdoor living. Wood flooring extends throughout the main living areas, with carpet up the stairs and in the bedrooms. A main level bedroom with a slider door access to the rear yard offers flexibility for guests or a home office/workspace. The primary bedroom with a views of Islay Hill, is located on the upper level includes a walk-in closet and ensuite bath with dual vanities. Two additional bedrooms and a full bathroom complete the upper level. Additional highlights include a two-car garage and a beautifully landscaped, low-maintenance front area and a fully fenced rear yard. Located near parks, walking paths, hiking trails, schools and shopping, this home should not be missed! Information not verified.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,635 | 1,811 | 35% |
| Lot Size | 4,032 | 5,935 | 25% |
| Price | $1.10M | $1.19M | 39% |
| Price per sq ft | $673 | $647 | 61% |
| Built year | 1998 | 2002 | 47% |
| HOA | $50.0 | $39 | 58% |
| Days on market | 1 | 188 | 1% |
Apr 21, 2026
$1,100,000
Initial Listing
Jun 30, 2004
$614,000
Public Record