
San Luis Obispo, California 93405
This Modern Ground-Level Condominium is a Move-In Ready Sanctuary listed at $659,000, positioned relative to its $581,521 Fair Market Value to reflect the premium of recent construction. Boasting an Excellent Condition Rating, this 2023 build features quartz countertops, owned solar, and an all-electric design for peak efficiency. Residents enjoy a resort-style lifestyle with access to a pool, clubhouse, and the SLO Ranch Marketplace. Located in the San Luis Coastal Unified district, this accessible home with a private patio is a perfect fit for first-time buyers or downsizers seeking a polished, low-maintenance transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 925 Madonna Road 101 Subject | $629,000* List Price | 2 | 2 | 887 | $623 | - |
A 945 Madonna 103 Active | $739,000 List Price | 3 | 2 | 1,071 | $690 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023 and is in like-new condition. It features modern high-quality finishes including quartz countertops, stainless steel appliances, wood laminate flooring, and recessed lighting. The home also includes contemporary energy-efficient systems such as owned solar and an all-electric design, meeting the highest current quality standards with no deferred maintenance.
Built in 2023, this all-electric home features owned solar panels and air conditioning, providing significant long-term utility savings and modern climate comfort.
This rare ground-floor unit features no interior or exterior stairs and includes classic French doors leading to a private patio, offering exceptional ease of access.
Located in the vibrant San Luis Ranch, the property offers access to a resort-style pool, clubhouse, and the nearby SLO Ranch Marketplace for a high-quality lifestyle.
At 887 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for buyers seeking more spacious rooms or storage.
The $343 monthly association fee represents a significant ongoing expense that must be factored into the buyer's monthly budget beyond the mortgage payment.
Welcome to San Luis Ranch! This nearly new condominium offers a modern take on Central Coast living in one of San Luis Obispo's most thoughtfully designed communities. Enjoy a prime location just minutes from downtown and Cal Poly, surrounded by shopping, dining, and scenic hiking and biking trails - where everyday convenience meets an active outdoor lifestyle. This rare ground-level 2-bed, 2-bath home (with no interior or exterior stairs) is an exceptional opportunity for easy, single-level living. This well-planned home offers effortless accessibility and a versatile canvas for personal style. Unlike the upper-level units, this ground-floor retreat features classic French doors that open to a spacious private patio. Interior features include wood laminate and tile flooring throughout, solid-surface quartz countertops, stainless steel appliances, tall ceilings with recessed lighting, air conditioning, fire sprinklers throughout, and an all-electric design. Owned solar is included to help keep energy costs efficient year-round. Ideally located just steps from the Orchard clubhouse, residents enjoy a resort-style pool and hot tub. Bike storage and trash service are also covered by the HOA. Situated in a highly sought-after community, this home is at the heart of a vibrant neighborhood anchored by SLO Ranch Farms and Marketplace - a convenient focal point featuring farm-inspired dining, local shops, gardens, live music, and family-friendly events that foster a genuine sense of connection. With it's fresh construction, low-maintenance design, and access to robust amenities, this like-new home is an exceptional value in today's market!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 887 | 1,179 | 17% |
| Lot Size | - | 1,179 | 8% |
| Price | $629.0K | $664.5K | 50% |
| Price per sq ft | $709 | $575 | 92% |
| Built year | 2023 | 2005 | 75% |
| HOA | $343.0 | $363 | 50% |
| Days on market | 128 | 140 | 50% |
May 22, 2026
$629,000
$649,000
-3% Price Drop
Initial Listing
Apr 28, 2026
$649,000
$659,000
-2% Price Drop
Initial Listing
Mar 20, 2026
$659,000
$690,000
-4% Price Drop
Initial Listing
Feb 8, 2026
$690,000
Initial Listing
Nov 30, 2023
$555,000
Public Record