1733 Farrier Court, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 4 bath

1733 Farrier Court, San Luis Obispo, California 93405 home-pic-0

1733 Farrier Court

San Luis Obispo, California 93405

ACTIVE
CONDITION: FAIR
3Beds
4Baths
2,197Sq Ft
6,337Lot Size

Property Price

LIST PRICE$1,255,000
EST. MARKET VALUE
$1,201,099
4% AboveMARKET VALUE

SUMMARY

Analysis of 1733 Farrier Court, San Luis Obispo, California 93405 reveals a property with a current list price of $1,255,000, which is 4% above the estimated $1,201,099 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$1,201,099
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1733 Farrier Court
Subject
$1,255,000*
List Price
342,197$547-
A
1730 Portola
Sold
$1,150,000422,424$4740.9 mi
B
850 Del Rio Avenue
Sold
$1,229,000432,798$4391.0 mi
C
1129 Vista Del Lago
Sold
$1,350,000432,198$6140.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 2003, the property is 21 years old and appears to retain most of its original builder-grade finishes. While the home is well-maintained and move-in ready, the kitchen features dated tile countertops and white appliances, and the bathrooms reflect early 2000s styling. The property falls into the 'fair' category as it is over 20 years old with no major recent renovations, resulting in functional but aesthetically outdated components.

PROSSTRENGTHS & OPPORTUNITIES

  • Income Potential

    The property features a rare detached two-car garage with a separate studio unit above, complete with a kitchenette and private laundry, offering excellent potential for rental income or multi-generational living.

  • Prime Cul-de-Sac Location

    Situated on a quiet cul-de-sac in the desirable Irish Hills development, the home provides a safe, low-traffic environment with convenient proximity to local shopping and freeway access.

  • Spacious and Bright Interior

    The main residence boasts high ceilings and large windows that maximize natural light, complemented by a functional floor plan featuring a large island kitchen and a separate den.

CONSRISKS & DEFICIENCIES

  • Tenant Occupancy Constraints

    Both the main house and the studio are currently tenant-occupied, which complicates showing access and may delay immediate possession for an owner-occupant.

  • Dated Marketing Representation

    The listing utilizes photos taken prior to the current tenancies, which may not accurately reflect the current wear and tear or the present condition of the interior finishes.

About 1733 Farrier Court

This spacious SLO home is located in the Irish Hills development. Built-in 2003, this property is close to shopping and easy freeway access. Featured are 3 large bedrooms, 2.5 bathrooms, and a detached 2 car garage with a separate studio unit above the garage. The lower level of the home has a separate den by the large entryway, a dining room, a family room with a fireplace, a large island kitchen, gas counter top range and built in electric wall oven, and a pantry closet. Also downstairs is a laundry room, and a downstairs bathroom with shower. The downstairs areas have high ceilings and large windows with capture sunlight. The upstairs area includes a large primary bedroom with a separate primary bath suite and large closet. Also upstairs are two guest bedrooms and a guest bathroom. The home is done in neutral colors-including carpets, tile and wall colors. Pictures taken prior to tenants moving in. The spacious studio unit includes a kitchenette area, washer/ dryer, bathroom, private stairway and includes separate heating unit. Other features include drought resistant landscaping and cul de sac location. There are not of these homes-within this development-that include this same layout -with a large two story free standing home-along with a separate free standing garage with a garage top studio- all on a good sized lot. Both units are tenant occupied-so we will need to schedule showing access.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2003
Lot Size
6,337 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$95.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
80%
Square foot2,1972,148
51%
Lot Size6,3377,240
37%
Price$1.25M$1.23M
51%
Price per sq ft$571$614
39%
Built year20031977
84%
HOA$95.0$0
78%
Days on market44157
2%

Pricing History

Listed for Sale

Jan 22, 2026

$1,255,000

Initial Listing

Sold

Sep 9, 2005

$750,000

Public Record

Sold

Sep 9, 2005

$795,000

Public Record

Sold

Jul 25, 2003

$570,000

Public Record

Browse Properties by State Browse housing market trends by state