1458 Parsons Way, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 5 bed, 6 bath
1458 Parsons Way
San Luis Obispo, California 93401
Property Price
SUMMARY
Analysis of 1458 Parsons Way, San Luis Obispo, California 93401 reveals a Fairly Priced Property with a current list price of $2,799,000 aligned with the estimated $2,725,609 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1458 Parsons Way Subject | $2,799,000* List Price | 5 | 6 | 3,836 | $711 | - |
A 1451 Hansen Lane Sold | $2,449,008 | 4 | 5 | 3,658 | $669 | 0.1 mi |
B 1463 Hansen Lane Sold | $2,449,008 | 4 | 5 | 3,658 | $669 | 0.1 mi |
C 1439 Hansen Lane Sold | $2,350,008 | 4 | 5 | 3,658 | $642 | 0.1 mi |
D 1472 Hansen Lane Sold | $2,185,000 | 4 | 5 | 3,363 | $650 | 0.2 mi |
E 1454 Hansen Lane Active | $3,100,000 List Price | 4 | 5 | 3,747 | $827 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 2024-built former model home is in pristine condition, featuring high-end designer finishes such as European Oak flooring, Paramount Quartzite, and professional-grade Wolf and SubZero appliances. As a new construction with luxury upgrades and no deferred maintenance, it meets all criteria for the highest quality rating.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Designer Upgrades
As a former model home, this property features elite finishes including Paramount Quartzite, European Oak flooring, and a professional-grade kitchen equipped with Wolf and SubZero appliances.
- Versatile Guest Accommodations
The inclusion of a separate 1-bedroom, 1-bathroom guest suite with a wet bar provides exceptional flexibility for multi-generational living, a home office, or high-end hosting.
- Prime Centralized Location
Perfectly positioned just five minutes from both the amenities of downtown San Luis Obispo and the renowned Edna Valley wine country, offering an ideal balance of lifestyle and convenience.
CONSRISKS & DEFICIENCIES
- Substantial HOA Fees
The monthly association fee of $419 represents a significant recurring cost that may impact the budget of buyers comparing this to properties outside of a managed subdivision.
- Fragmented Garage Configuration
The split between a 2-car garage and a detached 1-car garage may be less convenient for households with multiple daily-use vehicles compared to a traditional attached 3-car layout.
About 1458 Parsons Way
This beautiful former model home features 4 beds, 4.5 baths PLUS a 1 bed/1 bath guest suite with a wet bar—offering a total of 3,836 sqft of luxury living space! The open-concept layout, vaulted ceilings, designer finishes, and gourmet kitchen with high-end commercial appliances make this an entertainer’s dream. This home has a Paramount Quartzite island, wire-brushed European Oak wood floors, high-end Wolf Appliances with a full range, and a SubZero refrigerator and full-size wine fridge. Enjoy the beautifully landscaped backyard, side courtyard, and built-in outdoor kitchen, perfect for hosting. This home has 2-car garage that sits below the guest suite and a detached 1-car garage, perfect for a storage area or gym. Located conveniently just 5 minutes from both downtown SLO and Edna Valley, you won't want to miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 8,933 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $419.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 6.0 | 3.0 | 99% |
| Square foot | 3,836 | 1,722 | 94% |
| Lot Size | 8,933 | 6,000 | 76% |
| Price | $2.80M | $1.18M | 98% |
| Price per sq ft | $730 | $660 | 62% |
| Built year | 2024 | 1998 | 75% |
| HOA | $419.0 | $0 | 93% |
| Days on market | 57 | 177 | 4% |
Pricing History
Listed for Sale
Jan 9, 2026
$2,799,000
Initial Listing
Sold
Dec 5, 2024
$1,827,500
Public Record