381 Sage, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 3 bed, 3 bath
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381 Sage
San Luis Obispo, California 93401
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,955Sq Ft
5,047Lot Size
Property Price
LIST PRICE$1,269,000
EST. MARKET VALUE
$1,251,357
SUMMARY
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,269,000—positioned slightly above the $1,239,721 Fair Market Value. Built in 2016, this home maintains an Excellent Condition Rating with a modern open-concept layout and a rare dual en-suite configuration. Located in the desirable Serra Meadows community, it offers proximity to top-rated schools like San Luis Obispo High. With its move-in-ready status and functional design, this property is an ideal acquisition for Owner-Occupants or professional families seeking a premium Central Coast lifestyle.
Estimated Market Value
$1,251,357
Based on Realkey algorithm analyzing recent comparable sales in San Luis Obispo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 381 Sage Subject | $1,269,000* List Price | 3 | 3 | 1,955 | $640 | - |
A 3062 Arezzo Dr Sold | $1,199,000 | 3 | 3 | 1,935 | $620 | 0.3 mi |
B 3016 Arezzo Drive Sold | $1,085,000 | 3 | 3 | 1,567 | $692 | 0.3 mi |
C 333 Sage Sold | $1,160,000 | 3 | 3 | 1,824 | $636 | 0.1 mi |
D 3004 Arezzo Sold | $1,160,000 | 3 | 3 | 1,927 | $602 | 0.3 mi |
E 3021 Arezzo Drive Sold | $1,360,000 | 3 | 3 | 1,986 | $685 | 0.3 mi |
F 3097 Livorno Circle Sold | $1,330,000 | 3 | 3 | 1,826 | $728 | 0.2 mi |
G 3061 Arezzo Sold | $1,360,000 | 3 | 3 | 1,957 | $695 | 0.3 mi |
H 3101 Arezzo Drive Active | $1,250,000 List Price | 3 | 3 | 1,935 | $646 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition with modern open-concept design, contemporary kitchen and bath finishes, and requires no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Dual-Suite Layout
Built in 2016, this home features a contemporary open-concept design and a rare dual en-suite configuration, providing exceptional privacy and versatility for guests, a home office, or multi-generational living.
- Prime Serra Meadows Location
Situated in one of San Luis Obispo's most desirable neighborhoods at the base of the South Hills, the property offers immediate access to scenic hiking trails, parks, and the vibrant amenities of downtown SLO.
- Turnkey Condition
As a newer construction residence with high-end finishes and abundant natural light, the home is in move-in-ready condition, allowing buyers to avoid the costs and delays associated with renovations.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
Despite its proximity to the South Hills, the property listing indicates no significant views, which may be a drawback for buyers seeking the iconic mountain or coastal vistas typical of the region.
- Modest Lot Size
The 5,047-square-foot lot is relatively compact for a single-family residence at this price point, potentially limiting outdoor space for large-scale landscaping or extensive private recreation.
About 381 Sage
Welcome to 381 Sage, a beautifully appointed 3-bedroom, 3-bathroom home offering approximately 1,955 square feet of thoughtfully designed living space in the highly sought-after Serra Meadows community. Built in 2016, this move-in-ready residence blends modern design with everyday comfort, featuring an open-concept floor plan, abundant natural light, and contemporary finishes throughout. The spacious living room flows seamlessly into the well-appointed kitchen and dining area, creating an ideal setting for both entertaining and everyday living, while the generously sized bedrooms provide comfort and privacy. The primary suite serves as a relaxing retreat with a spacious en-suite bath, and one of the secondary bedrooms also features its own private en-suite, making it ideal for guests, extended family, or a home office. Nestled at the base of the South Hills, Serra Meadows is one of San Luis Obispo's most desirable neighborhoods, offering nearby parks, scenic walking and biking trails, and convenient access to downtown San Luis Obispo, shopping, dining, and the many recreational opportunities the Central Coast has to offer. Combining newer construction, a functional floor plan, and an exceptional location, this home offers the very best of modern Central Coast living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 5,047 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $66.0 / Month
Neighborhood Insights
San Luis Obispo Unified Schools
Hawthorne Elementary School
Grades K-6 • 1.1 mi
7/10
Smith (C. L.) Elementary School
Grades K-6 • 1.6 mi
6/10
Laguna Middle School
Grades 7-8 • 2.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,955 | 1,868.778 |
| Lot Size | 5,047 | 6,365.978 |
| Price | $1.27M | $1.27M |
| Price per sq ft | $649 | $676 |
| Built year | 2016 | 1986 |
| HOA | $66.0 | $91 |
| Days on market | 42 | 49 |
Pricing History
Listed for Sale
Jul 29, 2026
$1,269,000
Initial Listing
Sold
Dec 22, 2016
$674,500
Public Record