256 Via San Blas, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 3 bed, 3 bath
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San Luis Obispo, California 93401
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at $779,900—positioned well above the $750,445 Fair Market Value by -3%. Featuring a Fair Condition Rating, the home offers recent interior enhancements like new laminate flooring, though it retains original-style finishes. Located in the heart of San Luis Obispo near top-rated schools like San Luis Obispo High, this property provides a prime lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a central, low-maintenance residence with community pool and spa access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 Via San Blas Subject | $779,900* List Price | 3 | 3 | 1,565 | $480 | - |
A 3203 Via Ensenada Sold | $685,000 | 2 | 3 | 1,389 | $493 | 0.1 mi |
B 269 Via San Blas Pending | $780,000 List Price | 3 | 3 | 1,565 | $498 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1988 (36 years old). While it features brand new laminate flooring and upgraded lighting, the bathrooms and kitchen appear dated with original-style tile countertops and gold-trimmed shower enclosures. Per the criteria, the age of the primary systems and wet areas exceeds 20 years without a full renovation, placing it in the Fair category as it needs cosmetic updates.
Situated in the heart of San Luis Obispo near downtown and Cal Poly, this property offers excellent proximity to transit, shopping, and major educational hubs, ensuring strong long-term value.
As an end unit with only one common wall, the home features vaulted ceilings and a versatile downstairs bedroom, providing enhanced privacy and a spacious, light-filled atmosphere.
The home boasts newer laminate flooring and upgraded kitchen lighting, offering a modern aesthetic and reducing immediate move-in costs for the buyer.
The community prohibits overnight parking in driveways, which may pose a significant inconvenience for households with multiple vehicles or frequent guests.
A monthly association fee of $465 adds to the recurring carrying costs, and the 'as-is' condition of appliances like the refrigerator may necessitate early replacement expenses.
Beautiful 2 story end unit home. 3 bedrooms - 2.5 bathrooms in very popular Margarita Villas planned urban community. All newer laminate flooring downstairs (6 months new). Shows light and bright with vaulted ceilings. Has separate dining area and breakfast bar. Kitchen has newer upgraded lighting. (no fluorescent) Has 1 bedroom downstairs and 1/2 bath with direct access to backyard with fabulous additional street parking. (No overnight parking in driveways) This makes it so convenient. Wood burning fireplace in living room. X-large primary bedroom with walk in closest, dual sinks and located in private area of home. 2 car garage with direct access to your home. Nestled within a beautiful neighborhood, with lots of trees and walkways. HOA includes community pool, spa. Great area for walking your pets. Located in the heart of San Luis Obispo, close to everything, downtown, transit transportation, Cal Poly. Refrigerator as is. Only 1 common wall with other unit.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,565 | 1,619 | 36% |
| Lot Size | 2,133 | 1,890 | 91% |
| Price | $779.9K | $785.0K | 45% |
| Price per sq ft | $498 | $498 | 50% |
| Built year | 1988 | 2022 | 18% |
| HOA | $465.0 | $335 | 91% |
| Days on market | 11 | 92 | 9% |
May 26, 2026
$779,900
Initial Listing
Jun 22, 2016
$469,500
Public Record
Feb 24, 2006
$520,000
Public Record