
San Luis Obispo, California 93401
This Stunning Move-In Ready Home in Toscano Estates is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,269,180 Fair Market Value by 5%. This valuation gap offers $70,180 in Instant Equity for the buyer. Featuring a 2022 build date and an Excellent Condition Rating, this residence includes a Tesla EV charger, smart appliances, and scenic hillside views. It is the perfect fit for discerning professionals or owner-occupants seeking a sophisticated, low-maintenance lifestyle in San Luis Obispo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3062 Arezzo Dr Subject | $1,199,000* List Price | 3 | 3 | 1,935 | $656 | - |
A 3021 Arezzo Drive Sold | $1,360,000 | 3 | 3 | 1,986 | $685 | 0.1 mi |
B 3069 Arezzo Drive Sold | $1,140,000 | 3 | 3 | 1,897 | $601 | 0.0 mi |
C 3004 Arezzo Sold | $1,160,000 | 3 | 3 | 1,927 | $602 | 0.1 mi |
D 3061 Arezzo Sold | $1,360,000 | 3 | 3 | 1,957 | $695 | 0.0 mi |
E 3016 Arezzo Drive Active | $1,145,000 List Price | 3 | 3 | 1,567 | $731 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and well within the 10-year age bracket for an excellent rating. It features a modern open-concept kitchen with designer finishes, smart appliances, and nearly new systems including a Tesla EV charger and Pentair reverse osmosis system.
Built in 2022, this home features premium modern amenities including a Tesla EV charger, smart appliances, and a Pentair reverse osmosis system, ensuring immediate move-in readiness and energy efficiency.
Located in the prestigious Toscano Estates, the property uniquely backs to a community pathway for added privacy and openness while offering scenic hillside views and proximity to downtown San Luis Obispo.
The 'Soave' floor plan offers a seamless indoor-outdoor flow and open-concept living, complemented by rare additional off-street parking space which is a significant advantage for multi-vehicle households.
At 4,636 square feet, the lot is relatively small for a single-family residence, which may limit options for buyers desiring extensive private yard space or large-scale outdoor landscaping.
The listing price of $1.199M reflects a substantial increase from its 2022 sale price of $835,000, which may present challenges regarding appraisal valuations or buyer perception of market value.
Located in the highly sought after Toscano Estates, this Soave floor plan residence offers elevated Central Coast living with Mediterranean inspired architecture, quality craftsmanship, and a peaceful hillside setting. Built in 2022, this beautifully maintained 3 bedroom, 2.5 bath residence spans approximately 1,935 sq ft and features an open concept design filled with natural light, designer finishes, and seamless indoor-outdoor flow. The spacious kitchen opens to the living and dining areas, creating the perfect setting for entertaining and everyday living. Upgraded features include a Tesla EV charger, stainless smart refrigerator, LG front-loading washer and dryer, Pentair reverse osmosis system with deionization, and a rain sensor for the irrigation system for enhanced efficiency and convenience. The private primary suite offers a relaxing retreat with spa-inspired comfort and hillside views. The exterior setting is uniquely positioned backing to the community pathway, offering added openness and accessibility, while additional parking space outside of the garage provides valuable flexibility for guests or multi-vehicle households. Life in Toscano is defined by its beautifully maintained surroundings, quiet streets, and close proximity to San Luis Obispo’s vibrant culture and outdoor recreation. Residents enjoy nearby hiking and biking trails, rolling coastal hills, renowned wineries, farmers markets, and easy access to both downtown San Luis Obispo and the beaches of Avila, Shell Beach, and Pismo Beach. Whether it’s morning coffee overlooking the hills, afternoons exploring Edna Valley wine country, or evenings dining in downtown SLO, this location offers a rare balance of sophistication and laid back California living.
No exterior & parking available.
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 | 1,935 | 1,860 | 58% |
| Lot Size | 4,636 | 5,735 | 36% |
| Price | $1.20M | $1.22M | 46% |
| Price per sq ft | $620 | $643 | 45% |
| Built year | 2022 | 2002 | 69% |
| HOA | $91.94 | $45 | 73% |
| Days on market | 21 | 142 | 2% |
May 16, 2026
$1,199,000
Initial Listing
Feb 25, 2022
$835,000
Public Record