
San Luis Obispo, California 93401
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,239,310 Fair Market Value by 3%. This valuation gap offers $40,310 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a 2023 Heat Pump Upgrade and a Cherry Wood Butcher Block Kitchen. Located in the San Luis Coastal Unified district, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32 Las Praderas Subject | $1,199,000* List Price | 3 | 2 | 1,895 | $654 | - |
A 93 Chuparrosa Drive Sold | $1,080,000 | 3 | 2 | 1,663 | $649 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property is exceptionally well-maintained and move-in ready. It features a major system upgrade with a new heat pump and mini-splits installed in 2023. The kitchen has been updated with granite and cherry wood butcher block countertops and stainless steel appliances, and the home includes double-paned windows.
The property features a brand-new heat pump and mini-split system installed in 2023, paired with double-paned windows for optimal climate control and energy savings.
The floor plan includes a highly desirable first-floor primary ensuite, offering long-term accessibility and convenience rarely found in two-story homes of this era.
Situated in an established neighborhood, the home offers exceptional proximity to the SLO Public Market, grocery stores, and fitness centers, catering to a convenient lifestyle.
Unlike many premium properties in the San Luis Obispo area that offer mountain or coastal vistas, this residence is noted as having no specific views.
Built in 1985, the home may require ongoing maintenance or further aesthetic updates to secondary bathrooms and bedrooms to meet modern luxury standards.
32 Las Praderas Drive is a beautifully maintained home in a centrally located and established neighborhood. Close proximity to grocery shopping, the SLO Public Market for delicious eats, fitness options, and fun activities. This two-story home offers a 1,895 sq. ft. floor plan, with a first floor ensuite primary bedroom. The kitchen is updated with a gorgeous cherry wood butcher block counter. The vaulted ceilings welcome light and warmth into the home. Two oversized bedrooms with large closets and a shared bath are on the second level. New heat pump and mini splits were installed in 2023 along with existing double-paned windows to keep you warm in the winter and cool in the summer. The house features abundant storage throughout. The front yard has been lovingly planted with drought-tolerant and native plants. The backyard has irrigated raised planter beds, mature trees, seasonal rosebushes, the perfect tree for a tree swing, and a beautiful lawn. The patio is great for outdoor dining and is equipped with natural gas BBQ hookups, string lighting, and shade sails. Come and enjoy all that 32 Las Praderas has to offer in San Luis Obispo!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 1,895 | 1,860 | 53% |
| Lot Size | 8,250 | 5,797 | 80% |
| Price | $1.20M | $1.22M | 46% |
| Price per sq ft | $633 | $643 | 49% |
| Built year | 1985 | 2002 | 29% |
| HOA | $0 | $45 | 43% |
| Days on market | 0 | 142 | 2% |
May 8, 2026
$1,199,000
Initial Listing
May 25, 2022
$1,140,000
Public Record
Oct 5, 2016
$715,000
Public Record
Jun 20, 2012
$500,500
Public Record