642 Stoneridge Drive, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 3 bed, 3 bath
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642 Stoneridge Drive
San Luis Obispo, California 93401
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,881Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,175,000
EST. MARKET VALUE
$1,219,569
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,219,569 Fair Market Value by 3%. This valuation gap offers $44,569 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully remodeled kitchen and newer HVAC, this home offers a seamless lifestyle near the South Hills Open Space. It is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in-ready sanctuary.
Estimated Market Value
$1,219,569+$44,569 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 642 Stoneridge Drive Subject | $1,175,000* List Price | 3 | 3 | 1,881 | $648 | - |
A 3062 Arezzo Dr Sold | $1,199,000 | 3 | 3 | 1,935 | $620 | 0.5 mi |
B 592 Stoneridge Sold | $1,125,000 | 3 | 3 | 1,602 | $702 | 0.0 mi |
C 3070 Rockview Pl Sold | $850,000 | 2 | 3 | 1,506 | $564 | 0.2 mi |
D 3016 Arezzo Drive Sold | $1,085,000 | 3 | 3 | 1,567 | $692 | 0.6 mi |
E 1252 Noveno Sold | $1,325,000 | 3 | 3 | 1,817 | $729 | 0.9 mi |
F 333 Sage Sold | $1,160,000 | 3 | 3 | 1,824 | $636 | 0.8 mi |
G 3061 Arezzo Sold | $1,360,000 | 3 | 3 | 1,957 | $695 | 0.5 mi |
H 3703 Rock Garden Lane Sold | $1,297,500 | 3 | 3 | 1,879 | $691 | 0.9 mi |
I 3101 Arezzo Drive Active | $1,250,000 List Price | 3 | 3 | 1,935 | $646 | 0.5 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.
While built in 1988, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen and all bathrooms feature contemporary finishes, and the listing confirms newer HVAC and water heater systems, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Updates
The property features a fully remodeled kitchen and bathrooms, along with a newer furnace and water heater, providing a move-in-ready experience with reduced immediate maintenance costs.
- Prime Location for Outdoor Lifestyle
Situated just blocks from the South Hills Open Space, the home offers exceptional access to miles of scenic hiking and nature trails, a significant draw for active buyers.
- Architectural Volume and Light
Soaring ceilings and abundant windows create a bright, airy atmosphere, while the versatile downstairs flex room adds functional value for a home office or studio.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 5,000-square-foot lot is relatively modest for this price point, which may limit outdoor privacy or space for significant gardening and expansion.
- Interior Privacy Concerns
Two of the upstairs bedrooms overlook the main living space, which can lead to noise transfer and reduced acoustic privacy between the common areas and sleeping quarters.
About 642 Stoneridge Drive
Welcome to this beautifully updated home in San Luis Obispo's desirable Stoneridge neighborhood. Soaring ceilings and abundant windows fill the open living spaces with natural light, setting the tone the moment you walk through the door. The fully remodeled kitchen is both stylish and functional, featuring newer appliances and thoughtful finishing details. Upstairs, the remodeled bathrooms carry that same fresh, contemporary feel throughout. The spacious primary bedroom is complete with an en-suite bath and its own private deck, while the two other bedrooms down the hall overlook the main living space. This 3-bedroom, 2.5-bathroom home also includes a versatile downstairs flex room, ideal as a home office, creative studio, or quiet den. Outside, the private side porch invites morning coffee, and the larger back deck is perfect for evening gatherings with the Central Coast's indoor-outdoor lifestyle. A newer furnace and water heater offer added peace of mind, and the attached 2-car garage provides both convenience and extra storage. Just a few blocks away is the expansive South Hills Open Space with miles of scenic trails for hikers, dog walkers, and nature lovers alike. Move-in ready and packed with updates, this Stoneridge gem won't last long. Information not verified.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
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 | 1,881 | 1,868.778 |
| Lot Size | 5,000 | 6,365.978 |
| Price | $1.18M | $1.27M |
| Price per sq ft | $625 | $676 |
| Built year | 1988 | 1986 |
| HOA | $0 | $91 |
| Days on market | 27 | 49 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,175,000
Initial Listing
Sold
Mar 8, 2007
$765,000
Public Record
Sold
Dec 30, 2004
$662,000
Public Record
Sold
Dec 10, 1999
$310,000
Public Record