785 Islay, San Luis Obispo, California 93401, San Luis Obispo, 93401 - 2 bed, 1 bath
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San Luis Obispo, California 93401
This Modernized Historic Bungalow is listed at $1,025,000, reflecting a strategic entry point for the highly competitive downtown San Luis Obispo market near its $992,755 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a renovated modern kitchen with quartz countertops, bamboo flooring, and an expanded designer bathroom. The property offers a premium lifestyle within the San Luis Coastal Unified district, complemented by a private garden retreat featuring a deck and patio. This turnkey home is an ideal match for Owner-Occupants or first-time buyers seeking a sophisticated, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 785 Islay Subject | $1,025,000* List Price | 2 | 1 | 853 | $1,113 | - |
A 880 Buchon Street Sold | $1,225,000 | 2 | 2 | 1,174 | $1,043 | 0.1 mi |
B 680 Howard Street Sold | $980,000 | 2 | 1 | 780 | $1,256 | 0.9 mi |
C 2375 Boulevard Del Campo Sold | $1,039,375 | 3 | 2 | 1,074 | $968 | 0.7 mi |
D 292 Memphis Belle Way Active | $774,990 List Price | 2 | 1 | 819 | $946 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1942, the property has undergone an extensive recent renovation that includes a modern kitchen with high-end stainless steel appliances, quartz countertops, and subway tile backsplashes. The bathroom has been expanded and modernized with a large walk-in glass shower and contemporary fixtures. With new bamboo flooring throughout and meticulous interior and exterior maintenance, the home meets the standards for excellent condition.
Situated on a quiet street just blocks from downtown San Luis Obispo, this property offers exceptional walkability to premier shops, restaurants, and local amenities.
The home features thoughtful upgrades including a renovated modern kitchen, bamboo flooring, and an expanded bathroom with a spacious shower, blending classic 1940s charm with contemporary comfort.
The property boasts a private garden retreat with a gated arbor entry, mature roses, and citrus trees, providing a serene and well-landscaped backyard space.
With only 853 square feet of living space and a list price exceeding $1 million, the property represents a significant investment on a per-square-foot basis.
The two-bedroom layout is served by only one bathroom, which may be a functional drawback for buyers seeking more convenience or hosting guests.
Charming bungalow with gated arbor entry on a quiet street just blocks from downtown. Bamboo floors, a renovated modern kitchen, and an expanded bath with a spacious shower blend classic character with thoughtful updates. The ample backyard features mature roses and citrus trees - an inviting garden retreat just moments from downtown shops and restaurants.
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 | 853 | 1,811 | 5% |
| Lot Size | 4,320 | 5,935 | 26% |
| Price | $1.02M | $1.19M | 24% |
| Price per sq ft | $1.2K | $647 | 98% |
| Built year | 1942 | 2002 | 10% |
| HOA | $0 | $32 | 47% |
| Days on market | 40 | 188 | 4% |
Mar 13, 2026
$1,025,000
Initial Listing
Oct 6, 2020
$799,000
Public Record
Oct 21, 2016
$565,000
Public Record
Apr 6, 2016
$500,000
Public Record