1683 Knoll, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 4 bed, 3 bath
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San Luis Obispo, California 93401
This Elevated Single-Family Residence is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,625,793 Fair Market Value by 4%. This valuation gap offers $75,793 in Instant Equity for buyers. Maintaining a Condition Score of 3, the property features panoramic mountain views, Trex decking, and a versatile lower-level guest suite with a wet bar. Located in the premier Banana Belt neighborhood within the San Luis Coastal Unified district, it balances lifestyle luxury with financial upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1683 Knoll Subject | $1,550,000* List Price | 4 | 3 | 2,140 | $760 | - |
A 3379 Barranca Court Sold | $1,502,000 | 3 | 3 | 1,735 | $866 | 0.2 mi |
B 2904 Johnson Avenue Sold | $1,445,000 | 3 | 4 | 2,365 | $611 | 0.3 mi |
C 2021 Skylark Active | $1,700,000 List Price | 4 | 3 | 2,399 | $709 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1986, the property has undergone significant quality upgrades including modern stone countertops, subway tile backsplashes, and updated fixtures. The inclusion of Milgard dual-pane windows and Trex decking, combined with a well-maintained interior and exterior, makes this home move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2140.
Situated in the highly coveted 'Banana Belt' of the Upper Johnson neighborhood, this property offers breathtaking mountain and hill views within a desirable microclimate.
The flexible 4-bedroom floor plan includes a lower-level suite with a wet bar and private access, making it ideal for a guest retreat, home office, or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The hillside location and tiered lot design may result in steep transitions or numerous stairs to access the lower garden and creek areas, potentially limiting accessibility.
Built in 1986, the property may soon require updates to major systems or original finishes that have not been modernized, despite the high-quality window and deck upgrades.
Perched at the top of Knoll Drive in the highly sought after Upper Johnson neighborhood, often referred to as the “Banana Belt” of San Luis Obispo, this stunning home offers truly breathtaking views and an exceptional setting. With 2,140 square feet of living space, the home offers a flexible floor plan featuring 4 bedrooms and 3 bathrooms. The upper level includes three bedrooms, while the lower level offers a versatile fourth room, originally designed as a den, enhanced with a wet bar area (sink and counter) and access to a nearby bathroom with an added shower, creating an ideal guest suite, office, or private retreat. The outdoor spaces are a true highlight, designed to take full advantage of the home’s incredible setting. Enjoy two expansive decks, a private patio just off the dining room, and a charming detached garden retreat tucked into the lower portion of the property, perfect for a he shed/she shed, playhouse, or peaceful escape. Surrounded by mature trees and complemented by a seasonal creek, the property offers a rare sense of tranquility. Beautifully landscaped grounds feature approximately 30 trees, including 10 fruit trees, creating a lush private environment. Additional highlights include Trex decking, Milgard dual-pane windows, abundant storage, and numerous quality upgrades throughout. All of this in a prime location just minutes from downtown, hiking trails, and everything San Luis Obispo has to offer, an exceptional blend of views, privacy, and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,140 | 1,860 | 67% |
| Lot Size | 12,197 | 5,797 | 92% |
| Price | $1.55M | $1.23M | 77% |
| Price per sq ft | $724 | $646 | 70% |
| Built year | 1986 | 2002 | 31% |
| HOA | $0 | $45 | 43% |
| Days on market | 33 | 142 | 4% |
May 4, 2026
$1,550,000
Initial Listing
Dec 5, 2014
$710,000
Public Record