
San Luis Obispo, California 93405
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $619,900, which aligns with its $619,900 Fair Market Value. Featuring a Condition Rating of 2, the home boasts extensive 2026 upgrades, including a Granite Kitchen, new flooring, and a 2017 roof. Residents enjoy a Private Enclosed Brick Patio and proximity to Bishops Peak and Irish Hills trails. With Fannie Mae First Look incentives available, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 Prefumo Canyon 20 Subject | $619,900* List Price | 2 | 2 | 1,265 | $490 | - |
A 11295 Los Osos Valley 23 Sold | $565,000 | 2 | 2 | 1,125 | $502 | 0.3 mi |
B 11295 Los Osos Valley Rd Sold | $575,000 | 2 | 2 | 1,130 | $509 | 0.3 mi |
C 1750 Prefumo Canyon 22 Sold | $530,000 | 2 | 2 | 1,001 | $529 | 0.2 mi |
D 1750 Prefumo Canyon 48 Sold | $510,000 | 2 | 1 | 860 | $593 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is listed as turnkey with extensive recent renovations completed in 2026, including new flooring, interior paint, hot water heater, and toilets. The kitchen is modernized with granite countertops and stainless steel appliances. Major systems are in great shape with a roof replacement in 2017 and newer Milgard windows, meeting the criteria for a property with less than 5 years of significant renovation and no immediate maintenance required.
The property is move-in ready with significant 2026 updates including fresh interior paint, new flooring, a new water heater, and modern appliances, complemented by a 2017 roof replacement.
A large, private enclosed brick patio accessed via French doors provides rare outdoor entertaining space, while the location offers immediate access to world-class hiking and biking trails.
As a HomePath property, it offers a 30-day exclusive period for owner-occupants and potential for up to 3% in closing cost assistance, providing a competitive edge for non-investor buyers.
With 122 days on market and four consecutive price reductions from the original $680,500, the property has struggled to find momentum in the current market.
The unit features only a detached one-car garage and 1.5 bathrooms, which may be a limitation for families or multi-car households compared to other 1,265 sqft options.
Turnkey condo. Two bedrooms, one and a half baths and a detached one car garage. Interior repainted along with some new flooring, hot water heater, toilets and microwave over the stove all done in 2026. Newer Milgard® windows. Kitchen features granite counter tops with breakfast bar, stainless steel dishwasher, refrigerator and built-in wine/beer fridge. French doors lead to an adjacent, large, private enclosed brick patio with room for entertaining. Roof was replaced in 2017. Detached one car garage with laundry hookups. Mountain biking and hiking all close by on Prefumo Canyon Road, Bishops Peak and Irish Hills trailhead. Also an executive golf course close by. This property is in the Fannie Mae First Look program which provides owner-occupants, public entities, and nonprofits a 30-day exclusive period to bid on HomePath foreclosed properties before investors. HomePath Ready Buyer™ Program. Homebuyers who take this online homeownership education course and receive a certificate of completion may receive up to 3% in closing cost assistance when purchasing a HomePath property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,265 | 1,306 |
| Lot Size | 1,265 | 1,451 |
| Price | $619.9K | $708.5K |
| Price per sq ft | $490 | $558 |
| Built year | 1985 | 1997 |
| HOA | $400.0 | $342 |
| Days on market | 133 | 51 |
Jul 7, 2026
$619,900
$639,900
-3% Price Drop
Initial Listing
Jun 6, 2026
$639,900
$649,900
-2% Price Drop
Initial Listing
May 8, 2026
$649,900
$667,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$667,000
$680,500
-2% Price Drop
Initial Listing
Mar 11, 2026
$680,500
Initial Listing
May 14, 2021
$535,000
Public Record
Apr 11, 2017
$425,000
Public Record
Mar 23, 2005
$412,000
Public Record
Aug 6, 2004
$380,000
Public Record
May 31, 2002
$266,500
Public Record
Aug 31, 1999
$148,000
Public Record