
San Luis Obispo, California 93401
This Premium New Construction Estate is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,818,908 Fair Market Value by 6%. This valuation gap provides $119,908 in Instant Equity. Boasting a Condition Rating of 2, the residence features a gourmet quartzite kitchen, hillside views, and a versatile 1-bedroom ADU for rental income. Located in the San Luis Coastal Unified district, it offers modern luxury with investment upside. This is an ideal acquisition for Owner-Occupants or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3160 Johnson Subject | $1,699,000* List Price | 4 | 5 | 3,059 | $595 | - |
A 3152 Johnson Ave. Sold | $1,685,000 | 4 | 5 | 2,942 | $573 | 0.0 mi |
B 4008 Hillside Drive Sold | $1,780,000 | 4 | 4 | 2,584 | $689 | 1.0 mi |
C 3156 Johnson Ave Pending | $1,699,000 List Price | 4 | 5 | 2,942 | $577 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring high-end modern finishes, including a gourmet kitchen with quartzite countertops and premium appliances, hardwood flooring throughout, and contemporary spa-like bathrooms.
The property features a fully equipped 1-bedroom, 1-bath ADU with a private entrance, providing excellent flexibility for rental income, a guest suite, or multigenerational living.
Built in 2026 by Greg Nester, this home offers high-end finishes including quartzite countertops, custom cabinetry, and en-suite bathrooms for every bedroom, ensuring modern luxury and energy efficiency.
The 3,059 sq. ft. open-concept floor plan seamlessly integrates a gourmet kitchen with indoor and covered outdoor living spaces, making it ideal for high-end entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6092, other record lot size in square feet = 26344.
The property was recently sold within the past year on 2026-02-24. The sold price is $1,685,000.00.
With a 3,059 sq. ft. home situated on a 6,092 sq. ft. lot, the remaining outdoor yard space is relatively compact, which may be a drawback for buyers seeking expansive private grounds.
Welcome to this exceptional new construction home by renowned builder Greg Nester, fully complete and ready to move in. Offering 3,059 sq. ft. of thoughtfully designed living space, this property includes a 3-bedroom, 3.5-bath main residence plus a 1-bedroom, 1-bath ADU, blending modern elegance with functional versatility. The open-concept layout features a gourmet kitchen with premium appliances, custom cabinetry, quartzite countertops, and a large center island, seamlessly connecting to the dining and living areas—perfect for entertaining. The luxurious primary suite provides a serene retreat with a spa-inspired bath, dual vanities, and a spacious walk-in closet, while two additional bedrooms each feature en-suite baths for ultimate comfort. A stylish powder room offers added convenience for guests. The attached ADU, with its own private entrance, kitchen, living area, bedroom, and bath, provides incredible flexibility—ideal for rental income, a guest suite, or multigenerational living. Designed with energy efficiency and high-end finishes throughout, this home also offers a covered outdoor living space to enjoy year-round. Situated in a desirable neighborhood near shopping, dining, and top-rated schools, this is a rare opportunity to own a truly exceptional property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,059 | 1,811 | 85% |
| Lot Size | 6,092 | 6,000 | 51% |
| Price | $1.70M | $1.19M | 75% |
| Price per sq ft | $555 | $645 | 15% |
| Built year | 2026 | 2003 | 99% |
| HOA | $0 | $32 | 47% |
| Days on market | 26 | 188 | 2% |
Mar 27, 2026
$1,699,000
Initial Listing
Feb 24, 2026
$1,685,000
Public Record
Mar 7, 2023
$915,000
Public Record