3818 Hatchery Lane 3, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 2 bath
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3818 Hatchery Lane 3
San Luis Obispo, California 93401
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,301Sq Ft
1,137Lot Size
Property Price
LIST PRICE$769,000
EST. MARKET VALUE
$770,860
SUMMARY
This Modern Turnkey Condominium represents a Strong Value Opportunity, listed at $789,000—positioned slightly above the $748,309 Fair Market Value. Built in 2021, the property maintains a Mint Condition Rating, featuring modern shaker cabinetry, quartz countertops, and energy-efficient solar panels. Residents enjoy scenic hill views and a low-maintenance lifestyle within the San Luis Coastal Unified school district. With its contemporary design and minimal HOA fees, this residence is an ideal acquisition for first-time buyers or downsizing professionals seeking a move-in ready home on the Central Coast.
Estimated Market Value
$770,860
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 |
|---|---|---|---|---|---|---|
★ 3818 Hatchery Lane 3 Subject | $769,000* List Price | 2 | 2 | 1,301 | $593 | - |
A 954 Tarragon Lane Sold | $675,000 | 2 | 2 | 1,384 | $488 | 0.5 mi |
B 937 Bluebell Way Sold | $920,000 | 2 | 2 | 1,250 | $736 | 0.6 mi |
C 3265 Lavender Sold | $739,000 | 2 | 3 | 1,321 | $559 | 0.6 mi |
D 3802 Ranch House Road 303 Sold | $590,000 | 2 | 2 | 1,030 | $573 | 0.1 mi |
E 3292 Wintergreen Way 1101 Sold | $742,500 | 2 | 3 | 1,321 | $562 | 0.6 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 2021, this property is only 5 years old and remains in mint condition. The kitchen features modern shaker cabinetry, quartz countertops, and stainless steel appliances. Exterior images confirm contemporary HVAC systems and solar panels, indicating no deferred maintenance and a move-in ready status.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2021, this contemporary condominium offers the benefits of recent construction, including updated building codes, energy efficiency, and minimal immediate maintenance requirements.
- Low Association Fees
At just $130 per month, the HOA fees are exceptionally low for the San Luis Obispo area, significantly reducing monthly carrying costs for owners compared to similar developments.
- Scenic Hill Views
The property features desirable views of the surrounding hills, providing a sense of tranquility and a picturesque backdrop that enhances the overall living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1137, other record lot size in square feet = 1610. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1301, other record living area = 1620. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bedroom Count
With only two bedrooms, the property may have a narrower buyer pool, potentially excluding larger families or those requiring multiple dedicated home office spaces.
- Minimal Private Outdoor Space
The small lot size of 1,137 square feet relative to the living area indicates very limited private yard or outdoor space, which may be a drawback for pet owners or gardening enthusiasts.
About 3818 Hatchery Lane 3
Enjoy the ease of low-maintenance living in this charming two-story condominium at 3818 Hatchery Lane, Unit 3. Offering approximately 1,301 square feet of thoughtfully designed living space, this 2-bedroom, 2-bath home provides the privacy and feel of a single-family residence with the convenience of condominium living. Ideally suited for first-time buyers, those looking to downsize, or investors seeking a quality opportunity, this home offers a rare combination of privacy, comfort, and convenience in a welcoming community. The functional floor plan features inviting living spaces filled with abundant natural light, creating a warm and welcoming atmosphere for everyday living and entertaining. The home offers flexibility for relaxing, working from home, or hosting guests, while the spacious bedrooms provide comfortable and private retreats. Conveniently located near shopping, dining, parks, and major commuter routes, this home offers the best of easy Central Coast living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2021
- Lot Size
- 1,137 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,301 | 1,160.348 |
| Lot Size | 1,137 | 1,245.13 |
| Price | $769.0K | $768.4K |
| Price per sq ft | $591 | $591 |
| Built year | 2021 | 1991 |
| HOA | $130.0 | $417 |
| Days on market | 47 | 64 |
Pricing History
Listed for Sale
Aug 30, 2026
$769,000
$789,000
-3% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$789,000
Initial Listing
Sold
Mar 22, 2022
$800,000
Public Record