
San Luis Obispo, California 93401
This Turnkey Model-Like Home is listed at $1,549,000, representing a stable investment in a high-demand corridor near its $1,486,603 Fair Market Value. Boasting an Excellent Condition Rating, the residence features significant premium upgrades, including a high-end chef’s kitchen with Bellmont cabinetry, owned solar, and a new 2023 roof. Situated in the prestigious Arbors neighborhood within the Los Ranchos Elementary district, the property offers direct access to Islay Hill trails and panoramic hill views. This polished sanctuary is ideal for growing families or lifestyle-focused professionals seeking a maintenance-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4553 Wavertree Subject | $1,549,000* List Price | 4 | 3 | 2,261 | $657 | - |
A 874 Bougainvillea Street Sold | $1,129,000 | 4 | 3 | 1,828 | $618 | 0.8 mi |
B 1032 Twin Creek Road Sold | $1,320,000 | 3 | 3 | 1,722 | $767 | 0.5 mi |
C 4451 Spanish Oaks Sold | $1,660,000 | 4 | 4 | 2,821 | $588 | 0.2 mi |
D 4676 Snapdragon Sold | $1,305,000 | 3 | 2 | 1,630 | $801 | 0.2 mi |
E 3898 Hayfield Loop Pending | $1,495,000 List Price | 3 | 3 | 2,298 | $651 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property qualifies for an excellent rating due to extensive high-end renovations completed within the last 5 years. The home features a fully upgraded chef's kitchen with Bellmont cabinetry and KitchenAid appliances, a newly replaced roof (2023), an updated primary bathroom, and an owned solar system. The interior is in turn-key condition with modern custom paint, plantation shutters, and upgraded lighting, showing no signs of deferred maintenance.
This turn-key home features a high-end chef's kitchen with Bellmont cabinetry, a new roof (2023), and an owned solar system, ensuring modern luxury and long-term energy savings.
Ideally situated across from the Islay Hill trailhead and within the Los Ranchos Elementary district, offering unparalleled access to outdoor recreation and top-tier education.
The property boasts a larger floor plan than standard models due to a custom expanded upstairs bonus room, providing exceptional flexibility for a home office or secondary family space.
The fourth downstairs bedroom lacks a closet, which may impact its utility as a traditional bedroom and could affect future appraisal valuations.
At 5,689 sq. ft., the lot is relatively modest for the $1.5M+ price point, which may be a drawback for buyers seeking extensive yard space or increased privacy.
Turn-Key Entertainer’s Dream with Views! Welcome to 4553 Wavertree, a truly spectacular, better-than-new model-like home located in the highly sought-after Arbors neighborhood of SLO. This immaculate 4-bedroom, 2.5-bath residence offers approximately 2,261± sq. ft. of beautifully upgraded living space and is larger than other homes of this model thanks to a thoughtfully designed expanded upstairs living area. This home is the definition of turn-key and truly an Entertainer’s Delight. At the heart of the home is the stunning, fully upgraded kitchen, featuring quartz countertops, a dramatic custom backsplash extending to the ceiling, newer stainless steel KitchenAid appliances, and abundant storage with new Bellmont cabinetry including clever “hidden” cabinets for added functionality. Under-cabinet lighting enhances both beauty and usability, and the space is finished with newer Norman brand blinds for a polished, high-end touch. Upstairs, enjoy the benefit of an extra-large bonus family room/office, offering exceptional flexibility for modern living. The home continues to impress with: • Updated primary bathroom, creating a spa-like retreat • Custom interior paint throughout the home, adding warmth and designer style • A welcoming living room and spacious dining area overlooking the backyard • Plantation shutters and custom blinds throughout • Owned solar system, new roof (2023) The backyard is a true private oasis beautifully terraced to create multiple areas for sitting, entertaining, and enjoying the outdoors. With drought-tolerant landscaping, inviting gathering spaces, and mature fruit trees including Gala apples, oranges, and guava, this yard offers both beauty and functionality. Important note: Tax records reflect a 4-bedroom home; however, the downstairs 4th bedroom does not have a closet. This versatile space features sliding doors that open directly to the backyard oasis with its own private sitting area, making it ideal for a guest room, office, or flex space. Location is everything and this home delivers. A trailhead to Islay Hill and Islay Park is conveniently located right across the street, connecting you to miles of scenic walking and biking paths. The trail system continues into the French Park neighborhood, where you’ll find pickleball courts and additional recreational amenities perfect for embracing the active Central Coast lifestyle. Situated within Los Ranchos Elementary School district
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,261 | 1,811 | 67% |
| Lot Size | 5,689 | 5,935 | 47% |
| Price | $1.55M | $1.19M | 73% |
| Price per sq ft | $685 | $647 | 63% |
| Built year | 1997 | 2002 | 44% |
| HOA | $50.0 | $39 | 58% |
| Days on market | 19 | 188 | 2% |
Apr 3, 2026
$1,549,000
Initial Listing
Apr 29, 2016
$755,000
Public Record
Jan 30, 2009
$640,000
Public Record
May 14, 2003
$512,000
Public Record
Nov 6, 1997
$258,000
Public Record