
San Luis Obispo, California 93401
This Renovated Craftsman Cottage is a Strong Value Opportunity, listed at $699,000—positioned well below the $740,000 Fair Market Value by 5%. This valuation gap provides $41,000 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a Granite Kitchen, custom cabinetry, and a private Outdoor Living Space with a firepit and deck. Located in the San Luis Coastal Unified district near downtown, it offers a premium lifestyle with zero deferred maintenance. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, high-efficiency residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 Sandercock Street Subject | $640,000* List Price | 2 | 1 | 594 | $1,246 | - |
A 1010 Church Street Sold | $890,000 | 2 | 1 | 658 | $1,353 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1920, this property has undergone an extensive and high-quality renovation within the last few years. The interior features modern upgrades including a kitchen with granite countertops, custom cabinetry, and stainless steel appliances, along with updated wood flooring and dual-pane windows. Major system improvements like a new sewer line and meticulously curated outdoor living spaces with a new deck and firepit indicate the home is in like-new condition with no deferred maintenance.
This 1920s Craftsman cottage has been beautifully renovated with high-end finishes including granite countertops, custom cabinetry, and stainless steel appliances, blending classic character with modern convenience.
The property maximizes its footprint with thoughtfully designed outdoor spaces, featuring a fenced front deck and a private rear patio equipped with a firepit, built-in seating, and raised garden beds.
Ideally located in a quiet neighborhood just moments from downtown San Luis Obispo, offering easy access to premier shopping, dining, and local schools.
At only 594 square feet, the home's petite scale may be restrictive for buyers requiring more living area or significant indoor storage.
The 1,750 square foot lot is quite compact, which limits privacy from neighbors and provides minimal potential for future structural expansions.
Charming Craftsman style 2 bedroom cottage near downtown San Luis Obispo. This beautifully renovated 2 bedroom, 1 bath home may be petite in size, but it lives large with thoughtfully maximized indoor and outdoor spaces designed for comfort, entertaining, and gardening. A welcoming fenced front deck offers the perfect spot for morning coffee or relaxing evenings. Inside, you will find warm wood floors, custom cabinetry, granite countertops, stainless steel appliances, ceiling fans, and convenient indoor laundry. Additional upgrades include dual-pane windows and a new sewer line. The private back patio features a firepit with built-in seating, raised container garden beds, and a large shed for additional storage. Every inch of the lot has been thoughtfully curated to create inviting and usable outdoor living spaces. Ideally located in a quiet neighborhood just moments from downtown, shopping, and schools, this delightful property offers charm, efficiency, and lifestyle all in one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 3.0 | 10% |
| Square foot | 594 | 1,811 | 1% |
| Lot Size | 1,750 | 5,935 | 4% |
| Price | $640.0K | $1.19M | 5% |
| Price per sq ft | $1.1K | $647 | 97% |
| Built year | 1920 | 2002 | 4% |
| HOA | $0 | $32 | 47% |
| Days on market | 62 | 188 | 13% |
Apr 21, 2026
$640,000
$670,000
-4% Price Drop
Initial Listing
Mar 28, 2026
$670,000
$699,000
-4% Price Drop
Initial Listing
Mar 4, 2026
$699,000
$740,000
-6% Price Drop
Initial Listing
Feb 19, 2026
$740,000
Initial Listing
Nov 15, 2016
$437,000
Public Record
Jul 2, 2015
$237,500
Public Record