
San Luis Obispo, California 93405
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $1,645,000—positioned slightly above the $1,587,416 Fair Market Value. While priced at market, the property features an Excellent Condition Rating and a Detached Guest Casita, offering significant utility for multi-generational living or rental income. With a Flexible Floor Plan capable of seven bedrooms and a Professional Outdoor Kitchen, this home provides a premium lifestyle in the San Luis Coastal Unified district. It is an ideal acquisition for Owner-Occupants seeking long-term versatility or Investors prioritizing high-demand rental assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 Spooner Subject | $1,645,000* List Price | 4 | 4 | 2,963 | $536 | - |
A 946 Parkview Sold | $1,400,000 | 4 | 4 | 2,317 | $604 | 0.7 mi |
B 1330 Vega Sold | $1,249,000 | 4 | 3 | 1,846 | $677 | 1.0 mi |
C 1481 Balboa Sold | $1,165,000 | 6 | 3 | 1,817 | $641 | 0.6 mi |
D 1040 Capistrano Court Pending | $1,695,000 List Price | 4 | 4 | 2,644 | $641 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the property is exceptionally well-maintained and move-in ready. While the kitchen and bath styles appear to be high-quality originals, the home features significant modern system upgrades including a Tesla Powerwall 2 backup battery and a hot water recirculation system. The 'gourmet' kitchen and professional outdoor living space elevate the condition above typical homes of this age.
The fully permitted one-bedroom ADU provides exceptional versatility for rental income, a private home office, or multi-generational living.
The private backyard features a high-end outdoor kitchen with heaters, a fire pit, and mature landscaping, creating a perfect year-round entertainment space.
With 9-foot ceilings and options to convert the loft, den, and tandem garage, the home can accommodate up to seven bedrooms to suit evolving needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2963, other record living area = 2713. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The third-car space is a tandem layout, which is generally less convenient for daily vehicle access compared to a traditional side-by-side three-car garage.
The property is subject to a monthly association fee and neighborhood covenants, which may limit certain exterior modifications or owner autonomy.
Discover one of De Tolosa Ranch's most distinctive homes, offering an exceptional combination of flexible living spaces, a detached guest casita, and a private backyard designed for year-round entertaining. Situated on an oversized 8,595± sq. ft. lot, this beautifully maintained residence features 2,713± sq. ft. in the main home plus a fully permitted detached one-bedroom, one-bath casita (ADU) ideal for guests, a private home office, caregiver quarters, or rental income. Inside, expansive 9-foot ceilings and abundant natural light complement a thoughtfully designed floor plan. A temperature-controlled wine cellar adds a refined touch, while the gourmet kitchen serves as the heart of the home, opening to the family room with a two-sided fireplace shared by a spacious den. Upstairs, a generous loft provides additional living space and could easily serve as a media room, office, or play area. The primary suite offers two walk-in closets and a luxurious bath. Originally offered by the builder with options to convert the den, loft, and tandem garage bay into additional bedrooms, this floor plan could accommodate up to seven bedrooms, offering exceptional flexibility for evolving lifestyle needs. The backyard is truly a showpiece. Mature trees and lush landscaping create exceptional privacy, while custom lighting transforms the space after sunset. Enjoy evenings around the fire pit or entertain from the fully equipped outdoor kitchen featuring a built-in BBQ, refrigerator, sink, generous counter space, overhead heaters, and multiple gathering areas. Additional highlights include an epoxy garage floor, tandem third-car garage space, whole-house hot water recirculation system, and a Tesla Powerwall 2 backup battery serving key living areas. Ideally located near De Vaul Park, Irish Hills hiking trails, shopping, restaurants, and top-rated schools, this is a rare opportunity to own one of the neighborhood's most versatile and desirable homes. Matterport walk-through tour, interactive floor plan, and additional info available on property website.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,963 | 1,846 |
| Lot Size | 8,595 | 5,168 |
| Price | $1.65M | $1.23M |
| Price per sq ft | $555 | $655 |
| Built year | 2003 | 1989 |
| HOA | $125.0 | $116 |
| Days on market | 5 | 48 |
Jul 17, 2026
$1,645,000
Initial Listing
Aug 1, 2003
$620,500
Public Record