
San Luis Obispo, California 93405
This Single Family Residence is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,396,433 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. With a Condition Rating of 4, the home offers significant potential for cosmetic modernization to build long-term value. Key features include a newer roof, panoramic hillside views, and exceptional parking capacity. This property is an ideal acquisition for Owner-Occupants seeking a hillside sanctuary or Value-Add Investors looking to modernize a well-located asset.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated with original interior finishes including carpeting, track lighting, and louvered closet doors. While the roof is newer, the listing suggests a need for cosmetic updates to the kitchen and baths to modernize the home.
The property features a wraparound deck and private bedroom balconies that capture stunning hillside and city views, complemented by frequent local wildlife sightings.
Rare for hillside residences, this home provides a two-car garage plus two additional covered carport spaces, offering significant convenience for multiple vehicles or guests.
The inclusion of a newer roof provides immediate value and peace of mind, reducing the need for major near-term maintenance expenditures.
The property is positioned as a home ready for a buyer's personal touches, suggesting that the 1985 interior may require additional investment for modern cosmetic or functional renovations.
Due to its hillside location, the lot likely lacks significant flat yard space, which may be a drawback for buyers seeking traditional garden or play areas.
Few spots capture the beauty of San Luis Obispo quite like this one. Set up on the hill along Buena Vista Avenue, this two-story home looks out over open hillsides and the city below. The home offers 3 bedrooms, 2.5 baths, and approximately 2,233 square feet of living space, along with a two-car garage plus 2 extra covered carport spots for parking. On the main level, the living room centers on a fireplace and opens to a wraparound deck and patio, giving you easy indoor-outdoor flow and a front-row seat to the deer that often pass through. A room lined with built-in shelves works naturally as a study or library. Upstairs, the generously sized primary suite includes a bath with a jetted tub, and two of the bedrooms open to their own decks, each with a view worth stepping out for in the morning or at the end of the day. With a newer roof already in place, the home is ready for a buyer who wants to add their own touches and make this home truly theirs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,233 | 1,906.09 |
| Lot Size | 6,800 | 6,523.766 |
| Price | $1.40M | $1.28M |
| Price per sq ft | $627 | $683 |
| Built year | 1985 | 1986 |
| HOA | $0 | $86 |
| Days on market | 15 | 49 |
Oct 9, 2026
$1,399,000
Initial Listing
Dec 1, 1995
$292,500
Public Record