2021 Skylark, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 4 bed, 3 bath
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San Luis Obispo, California 93401
This Spacious 1962 Vintage Residence is a strategic value-add opportunity in San Luis Obispo’s premier "Banana Belt" neighborhood. Listed at $1,700,000, the property offers price stability near its $1,671,561 Fair Market Value. With a Condition Rating of 4, the original interior provides a clear path for forced appreciation through modernization. The 2,399 sq. ft. single-level layout features a Private Pool, Mountain Views, and a Patio on a large 10,624 sq. ft. Lot in the San Luis Coastal Unified district. Ideal for Value-Add Investors or Owner-Occupants seeking to customize a home in a world-class microclimate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2021 Skylark Subject | $1,700,000* List Price | 4 | 3 | 2,399 | $717 | - |
A 1987 Corralitos Drive Sold | $1,500,000 | 4 | 3 | 2,000 | $750 | 0.7 mi |
B 1318 Mill Street Sold | $1,890,000 | 4 | 2 | 2,863 | $660 | 0.8 mi |
C 2085 Fixlini Street Sold | $1,210,000 | 3 | 3 | 1,725 | $701 | 0.2 mi |
D 2060 Skylark Lane Active | $1,800,000 List Price | 3 | 3 | 2,774 | $649 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this home is well-maintained but largely original, featuring a vintage kitchen with dated appliances and cabinetry, older carpet and linoleum flooring, and mid-century bathroom fixtures. While the property appears clean and functional, it lacks modern updates and requires significant cosmetic and system modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10624, living area = 2399.
Situated in San Luis Obispo’s most coveted microclimate, this property offers a mild year-round climate and exceptional proximity to downtown, schools, and medical facilities.
The rare 2,399 sq. ft. single-story floor plan features four bedrooms plus a dedicated office, providing a versatile and accessible layout suitable for families or retirees.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10624, other record lot size in square feet = 100623.
Built in 1962, the home retains much of its original vintage character and will likely require significant capital investment for modern updates and cosmetic renovations.
At a $1.7M price point, the property is positioned at a premium for a home needing modernization, which may limit the pool of buyers who also need a renovation budget.
Welcome to 2021 Skylark Lane, a classic San Luis Obispo home located in the highly desirable “Banana Belt” neighborhood, known for its mild climate and convenient location. Set on an approximately 10,624± sq. ft. lot, this spacious approximately 2,399± sq. ft. single level residence offers comfort, charm, and wonderful potential. The home features four bedrooms plus a separate office that could easily serve as a fifth bedroom, along with 2.5 bathrooms. Designed for both everyday living and entertaining, the floor plan includes a generous living room and a welcoming family room, creating multiple gathering spaces. Large windows throughout the home bring in natural light, and many of the rooms enjoy relaxing views of the backyard pool, creating a pleasant indoor-outdoor connection. The property retains much of its classic vintage character, offering a warm and nostalgic feel while providing an excellent opportunity for a new owner to update and personalize over time. The backyard pool area offers a private setting to relax, entertain, and enjoy San Luis Obispo’s beautiful weather. Ideally situated, the home is close to hospitals, schools, and just minutes from downtown San Luis Obispo, with its restaurants, shops, and vibrant community events. A rare opportunity to own a spacious home in one of SLO’s most sought-after microclimates, offering charm, location, and room to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,399 | 1,811 | 74% |
| Lot Size | 10,624 | 6,000 | 83% |
| Price | $1.70M | $1.19M | 75% |
| Price per sq ft | $709 | $647 | 70% |
| Built year | 1962 | 2002 | 21% |
| HOA | $0 | $32 | 47% |
| Days on market | 49 | 188 | 6% |
Mar 4, 2026
$1,700,000
Initial Listing