3061 Arezzo, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 3 bed, 3 bath

3061 Arezzo, San Luis Obispo, California 93401 home-pic-0

3061 Arezzo

San Luis Obispo, California 93401

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,957Sq Ft
5,813Lot Size

Property Price

LIST PRICE$1,360,000
EST. MARKET VALUE
$1,253,251
8% AboveMARKET VALUE

SUMMARY

Analysis of 3061 Arezzo, San Luis Obispo, California 93401 reveals a property with a current list price of $1,360,000, which is 8% above the estimated $1,253,251 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Luis Obispo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,253,251
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3061 Arezzo
Subject
$1,360,000*
List Price
331,957$640-
A
3069 Arezzo Drive
Sold
$1,140,000331,897$6010.0 mi
B
3072 Arezzo
Sold
$1,035,000331,567$6600.1 mi
C
527 Stoneridge
Sold
$1,215,000432,244$5410.4 mi
D
3004 Arezzo
Active
$1,100,000
List Price
331,927$5710.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was built in 2023 and is in pristine, like-new condition. It features high-end modern finishes including upgraded quartz countertops, designer backsplashes, soft-close cabinetry, stainless-steel LG appliances, luxury hard-surface flooring, and contemporary tile work in the bathrooms. With central AC and professional landscaping, all systems and components meet the highest current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern 2023 Construction

    As a nearly new build, the home features contemporary open-concept design, high ceilings, and premium upgrades like quartz countertops and luxury flooring, ensuring move-in readiness with modern energy efficiencies.

  • Premium Lot & Views

    Situated at the top of the coveted Toscano neighborhood, the property offers exceptional views of the South Hills and direct access to open space trails, providing a serene backdrop and high desirability.

  • Enhanced Outdoor Living

    The oversized backyard is professionally landscaped with synthetic turf and pavers, complemented by an upper-level veranda, creating a low-maintenance oasis perfect for enjoying San Luis Obispo’s Mediterranean climate.

CONSRISKS & DEFICIENCIES

  • Multi-Level Configuration

    With the primary suite and main living areas separated from the additional bedrooms on the lower level, the layout may be less ideal for buyers specifically seeking single-story living or close proximity to all bedrooms.

  • Suburban Density

    Located within a newer planned development, the property may experience closer proximity to neighboring homes compared to more rural or established estates, potentially impacting the sense of total seclusion.

About 3061 Arezzo

Welcome to 3061 Arezzo Drive in San Luis Obispo, CA! Nestled at the top of the coveted Toscano neighborhood and set against the serene South Hills, this beautifully upgraded home sits on one of the most sought after lots in the community. Built in 2023, the residence offers 3 bedrooms and 3 bathrooms, showcasing tasteful design elements including high ceilings, luxury hard-surface flooring, smooth troweled walls, and an ideal open-concept layout. The spacious living room features cozy gas fireplace and seamless access to the oversized backyard oasis, complete with pavers, synthetic turf, ornamental trees, and wide views of rocky hillsides. With space for a hot tub, BBQ, and outdoor furnishings, this space is ideal for year-round living and relaxation in SLO’s temperate Mediterranean climate. The kitchen boasts upgraded quartz counters, a large island, designer backsplash, modern soft-close cabinetry, stainless-steel LG appliances, and a designated dining area. From the open concept kitchen/living area, you can retreat to the spacious primary suite featuring a walk-in closet and a bathroom complete with glass-enclosed tile shower, dual sink quartz vanity, and artistic tile flooring. Step out through a glass slider to the upper front veranda where you will further appreciate south facing views. Downstairs you will find two additional bedrooms, laundry room with cabinetry, full bathroom, and a 2-car garage with ample storage opportunities. The property is connected to natural gas and includes central AC. Enjoy access to the South Hills Open Space trails, and find yourself just minutes from downtown San Luis Obispo, the SLO Public Market, and the vibrant shops and restaurants along Higuera Street. With its elevated position in one of the City's most desirable newer neighborhoods, you will not want to miss this opportunity to own a slice of paradise on the Central​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ Coast.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2023
Lot Size
5,813 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$92.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,9571,722
63%
Lot Size5,8136,000
47%
Price$1.36M$1.18M
66%
Price per sq ft$695$660
61%
Built year20231998
74%
HOA$92.0$0
80%
Days on market2177
1%

Pricing History

Listed for Sale

Mar 5, 2026

$1,360,000

Initial Listing

Sold

May 31, 2023

$954,000

Public Record

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