2221 King Court 40, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 2 bath
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San Luis Obispo, California 93401
This Turnkey Condominium represents a Strong Value Opportunity, listed at $699,000—positioned well above the $658,296 Fair Market Value by 6%. While priced at a premium, the property maintains a Condition Rating of 4, featuring updated bathrooms and a functional layout that ensures immediate move-in readiness. Its end-unit positioning provides superior natural light and privacy, while the proximity to Meadow Park and Cal Poly drives consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance lifestyle in San Luis Obispo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 King Court 40 Subject | $699,000* List Price | 2 | 2 | 1,229 | $536 | - |
A 2221 King Court 12 Sold | $647,000 | 2 | 2 | 1,192 | $543 | 0.0 mi |
B 2230 Exposition 47 Sold | $575,000 | 2 | 2 | 1,026 | $560 | 0.1 mi |
C 234 Via La Paz Sold | $786,000 | 3 | 3 | 1,627 | $483 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (38 years old), the property is well-maintained and described as turnkey with updated bathrooms. However, the kitchen features original 1980s-style cabinetry and laminate countertops, which exceeds the 20-year threshold for a 'Good' rating and classifies the main living area as dated and in need of modernization.
Situated near Meadow Park and extensive hiking trails with quick access to downtown and Cal Poly, this property offers an exceptional lifestyle for both residents and rental investors.
The home features updated bathrooms and a well-maintained interior, providing a move-in-ready opportunity that minimizes the need for immediate post-purchase renovations.
As an end-unit, the condominium benefits from superior natural light and enhanced privacy with fewer shared walls compared to interior units in the complex.
The property is noted as having no significant views, which may be a drawback for buyers specifically looking to capture the iconic San Luis Obispo landscape.
With only one and a half bathrooms for a two-bedroom layout, the configuration may be less convenient for households with multiple occupants or those who frequently host guests.
Welcome to 2221 King Court #40, a darling two-bedroom, one-and-a-half-bath end-unit condominium in one of San Luis Obispo’s most loved locations. Filled with amazing natural light, this turnkey home offers an inviting and cheerful feel from the moment you walk in. Thoughtfully updated bathrooms, a functional floor plan, and pride of ownership throughout make this a truly move-in-ready opportunity. Located near beautiful Meadow Park and surrounded by hiking and biking trails, this home captures the best of the San Luis Obispo lifestyle. Enjoy being just minutes from downtown, Cal Poly, restaurants, shopping, and outdoor recreation while tucked into a well-loved condominium community. Whether you’re looking for your first home, a Cal Poly investment, or an easy Central Coast retreat, this light-filled condo offers comfort, charm, and an unbeatable San Luis Obispo lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,229 | 50% |
| Lot Size | 1,202 | 966 | 58% |
| Price | $699.0K | $739.0K | 42% |
| Price per sq ft | $569 | $580 | 45% |
| Built year | 1988 | 2016 | 39% |
| HOA | $396.0 | $389 | 52% |
| Days on market | 22 | 147 | 9% |
May 15, 2026
$699,000
Initial Listing
Aug 15, 1995
$125,000
Public Record