292 Memphis Belle Way, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 1 bath
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San Luis Obispo, California 93401
This Modern New Construction Home in the desirable Avila Ranch community is listed at $774,990, offering a turnkey lifestyle in a master-planned environment. While the Fair Market Value is positioned at $713,894, the price reflects the premium of a brand-new 2026 build featuring Modern Appliances and high energy efficiency. Boasting a Condition Rating of 2, the Islay Plan 5 layout maximizes its footprint with an open floor plan and private porch. Located within the San Luis Coastal Unified district, this residence is a perfect match for Owner-Occupants or first-time buyers seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 292 Memphis Belle Way Subject | $774,990* List Price | 2 | 1 | 819 | $872 | - |
A 216 Kitty Hawk Court Sold | $638,733 | 2 | 1 | 819 | $780 | - |
B 222 Kitty Hawk Court Sold | $638,733 | 2 | 1 | 819 | $780 | - |
C 416 Sandercock Street Active | $699,000 List Price | 2 | 1 | 594 | $1,177 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction property with a 2025 build year and an estimated completion in late 2026. As a new build in the Avila Ranch community, it features modern appliances, contemporary finishes, and energy-efficient systems, meeting the highest quality standards with no physical depreciation or deferred maintenance.
As a 2025/2026 build in the desirable Avila Ranch community, this home offers modern appliances, contemporary finishes, and the structural reliability and energy efficiency of a brand-new property.
The Islay Plan 5 features a highly accessible single-level layout with an open floor plan and seamless porch access, ideal for those seeking low-maintenance, stairs-free living.
The exceptionally low $45 monthly association fee provides the benefits of a planned community environment while keeping recurring monthly overhead significantly lower than similar new developments.
With only 819 square feet of living space and a single bathroom, the property may feel undersized for the $774,990 price point and offers limited flexibility for growing households.
The estimated completion date of late 2026 requires a significant wait time, making it unsuitable for buyers with immediate housing needs or those concerned about interest rate fluctuations during the build.
Welcome to the Islay Plan 5 site 324 at Avila Ranch, a charming single-story home offering an inviting open floor plan designed for comfortable everyday living. The welcoming entry flows into a bright, spacious living room ideal for relaxing or entertaining. The adjacent kitchen features modern appliances and convenient access to the porch—perfect for outdoor dining or enjoying the fresh air. Down the hall, the private owner’s suite provides a peaceful retreat alongside a full bathroom, while the secondary bedroom offers flexible space for guests, a home office, or hobbies. Thoughtfully designed with both style and functionality in mind, this home is a wonderful opportunity to enjoy modern living in a well-planned community. 1 Car garage plus extra parking pad. Estimate finish date of Oct-Nov 2026
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 3.0 | 10% |
| Square foot | 819 | 1,811 | 5% |
| Lot Size | 2,747 | 5,935 | 6% |
| Price | $775.0K | $1.19M | 11% |
| Price per sq ft | $946 | $647 | 88% |
| Built year | 2025 | 2003 | 79% |
| HOA | $45.0 | $39 | 50% |
| Days on market | 46 | 188 | 4% |
Mar 7, 2026
$774,990
Initial Listing