
San Luis Obispo, California 93401
This Modern Luxury Residence is a Strong Value Opportunity, listed at $1,250,000—positioned well below the $1,293,640 Fair Market Value by 3%. This valuation gap offers $43,640 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and high-end finishes by Tricamo Construction, this home offers a private rooftop deck with mountain views. Located in the San Luis Coastal Unified district, this turn-key property is an ideal sanctuary for Urban Professionals or Discerning Homeowners seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 263 Bridge Street Subject 3 bd · 3 ba · 2,094 sqft · $613 | $1,250,000* List Price | 3 | 3 | 2,094 | $613 | - |
A 381 Sage Sold 3 bd · 3 ba · 1,955 sqft · $645 · 0.8 mi | $1,260,000 | 3 | 3 | 1,955 | $645 | 0.8 mi |
B 3062 Arezzo Dr Sold 3 bd · 3 ba · 1,935 sqft · $620 · 0.6 mi | $1,199,000 | 3 | 3 | 1,935 | $620 | 0.6 mi |
C 3016 Arezzo Drive Sold 3 bd · 3 ba · 1,567 sqft · $692 · 0.5 mi | $1,085,000 | 3 | 3 | 1,567 | $692 | 0.5 mi |
D 642 Stoneridge Drive Sold 3 bd · 3 ba · 1,881 sqft · $625 · 0.8 mi | $1,175,000 | 3 | 3 | 1,881 | $625 | 0.8 mi |
E 333 Sage Sold 3 bd · 3 ba · 1,824 sqft · $636 · 0.8 mi | $1,160,000 | 3 | 3 | 1,824 | $636 | 0.8 mi |
F 3238 Cherry Lane Sold 3 bd · 2 ba · 1,746 sqft · $664 · 0.8 mi | $1,160,000 | 3 | 2 | 1,746 | $664 | 0.8 mi |
G 342 Tresana Lane Active 4 bd · 3 ba · 2,281 sqft · $657 · 0.6 mi | $1,499,000 List Price | 4 | 3 | 2,281 | $657 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint, turn-key condition. It features a modern gourmet kitchen with premium stainless appliances, contemporary bathrooms with floor-to-ceiling tile, and updated systems including a tankless water heater and epoxy-finished garage.
Expertly designed by George Garcia and built by Tricamo Construction in 2019, this home features high-end finishes, a butler's pantry, and contemporary architecture.
The property boasts an expansive private rooftop deck with mountain views and a corner lot position that ensures maximum privacy with no immediate neighbors on two sides.
Ideally located at the base of South Hills open space, the home offers immediate access to nature trails while remaining just minutes from the amenities of Downtown San Luis Obispo.
The property is subject to a $270 monthly association fee, which represents an ongoing carrying cost that may impact the budget of some buyers.
With a focus on vertical living and rooftop entertaining, the 5,343 sq ft lot offers less traditional ground-level yard space compared to older suburban properties in the area.
Welcome to The Residences at Terraza - A boutique collection of modern-luxury homes nestled at the base of the South Hills open space of San Luis Obispo - known for its views, privacy, and convenient access to town. 263 Bridge Street is a contemporary new construction home (built in 2019) with an expansive private rooftop deck. The home is one of the few corner lots with no neighbors to its left or directly in front of it - maximizing privacy. Located only minutes to Downtown SLO, the Terraza neighborhood caters to those seeking an urban lifestyle with the views of rural living. The home is expertly designed by acclaimed architect George Garcia of GA+D and custom built by luxury builder Tricamo Construction. This 2,094± Sq. Ft. home includes 3 bedrooms and 2.5 bathrooms plus a balcony, private rooftop deck, and an oversized garage with epoxy flooring. Premium amenities include: Contemporary architecture with smooth finish stucco all around, exterior wood cladding, metal exterior accents, open concept kitchen and living area with large island and pendant light fixtures, walk in butler’s pantry with countertops and power outlets, stainless steel gourmet appliances, oversized glass sliding door in living room with reflective exterior window tinting, floor to ceiling tiled gas fireplace, exterior storage closet, metal shade structure and planter boxes on rooftop terrace, metal spiral staircase to rooftop terrace, generously sized primary suite with bonus sitting area, dual vanities and oversized shower and walk in closet in primary bathroom, two large guest rooms each with their own private walk in closets, private indoor laundry area with built in shelving, complimentary fiber internet included within HOA, and more. This turn key residence is low maintenance and perfect for those seeking a convenient and modern home. Come experience contemporary living at Terraza and schedule a walk-through.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,094 | 1,906.09 |
| Lot Size | 5,343 | 6,523.766 |
| Price | $1.25M | $1.28M |
| Price per sq ft | $597 | $683 |
| Built year | 2019 | 1986 |
| HOA | $270.0 | $86 |
| Days on market | 39 | 49 |
Sep 15, 2026
$1,250,000
Initial Listing
Aug 20, 2020
$850,000
Public Record