
San Luis Obispo, California 93401
This Stunning Single-Level Residence is a High-Potential Investment Opportunity, listed at $1,319,328—positioned well above the $1,052,055 Fair Market Value by -25%. While priced at a premium, the home features a Good Condition Rating with meticulous upgrades, including relocated plumbing and a resort-style backyard with a Tiki Bar and waterfall. Located in the San Luis Coastal Unified district, this property offers a rare, turnkey lifestyle. It is an ideal acquisition for Owner-Occupants seeking a luxury sanctuary or discerning buyers prioritizing high-end infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1462 Ashmore Subject | $1,275,000* List Price | 3 | 2 | 1,589 | $794 | - |
A 1295 Ironbark Sold | $1,225,000 | 3 | 2 | 1,576 | $777 | 0.1 mi |
B 4676 Snapdragon Sold | $1,305,000 | 3 | 2 | 1,630 | $801 | 0.3 mi |
C 3930 Hollyhock Way Sold | $1,340,000 | 3 | 3 | 1,981 | $676 | 0.6 mi |
D 4020 Righetti Ranch Rd. Sold | $1,185,000 | 3 | 3 | 1,621 | $731 | 0.5 mi |
E 1389 Sawleaf Court Sold | $1,420,000 | 4 | 3 | 2,121 | $669 | 0.1 mi |
F 1380 Alder Street Sold | $1,200,000 | 4 | 3 | 1,635 | $734 | 0.1 mi |
G 1142 Tulip Court Sold | $1,325,000 | 3 | 2 | 1,966 | $674 | 0.3 mi |
H 1159 Poppy Pending | $1,299,000 List Price | 3 | 2 | 1,350 | $962 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but shows exceptional pride of ownership with significant updates that place it in the 'Good' category. The kitchen and both bathrooms have been remodeled with high-end materials (black walnut, limestone, custom tile). Critical systems have been modernized, including all-new plumbing relocated to the attic and the addition of solar panels with Tesla batteries. The property is move-in ready with replaced Anderson windows and professional landscaping, though the renovation style suggests a 5-15 year age range rather than a brand-new 'Excellent' rating.
Owned by a professional contractor for 33 years, the home features proactive upgrades including relocated plumbing to the attic and a solar system with dual Tesla batteries, ensuring exceptional structural integrity.
The backyard is a private oasis featuring a Tiki Bar, custom stone waterfall, and professional lighting, providing a high-end entertainment space rarely found at this price point.
Situated on a quiet cul-de-sac in the desirable Arbors neighborhood, this rare single-story floor plan offers vaulted ceilings and premium finishes like black walnut cabinetry and limestone countertops.
The solar panels and Tesla batteries are on a 25-year lease, which requires the buyer to assume a long-term contractual obligation rather than owning the system outright.
At 1,589 square feet for over $1.3 million, the property carries a high price per square foot that may be a deterrent for buyers prioritizing interior living space over outdoor amenities.
Beautifully maintained, rare single level home on a cul-de-sac in the desirable Arbors neighborhood. Owned by a professional painting contractor who has meticulously cared for this home for over 33 years. Updated kitchen with limestone counter tops and custom tile backsplash. Cabinets are black walnut. Ambient lighting under cabinets. Solid hardwood floors in living areas and hallway. Both bathrooms have been remodeled. The primary bath has a large walk-in shower and lighted crown molding. Vaulted ceilings with upper windows bring light and a feeling of spaciousness. Windows have been replaced throughout the home except for the upper, arched windows. Anderson wood doors and windows allow access to the lush backyard. The backyard is like a destination resort, with Tiki Bar/BBQ smoker, elevated deck with palapa style shading, custom stone waterfall feature, lush planting, and professional lighting for night ambiance. The front yard has been recently upgraded with new hardscape and landscape, enhancing the curb appeal of the property. All new plumbing throughout (relocated from the cement slab to the attic). This was a proactive decision for the seller, who wanted to avoid any potential future plumbing leaks in the slab. Solar panels and two Tesla batteries on 25 year lease from SunRun.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,589 | 1,846 |
| Lot Size | 6,141 | 5,168 |
| Price | $1.27M | $1.23M |
| Price per sq ft | $802 | $655 |
| Built year | 1989 | 1989 |
| HOA | $126.0 | $116 |
| Days on market | 29 | 48 |
Jul 21, 2026
$1,275,000
$1,319,328
-3% Price Drop
Initial Listing
Jul 4, 2026
$1,319,328
$1,340,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$1,340,000
Initial Listing
Dec 15, 1993
$227,000
Public Record