945 Madonna 103, San Luis Obispo, California 93405, San Luis Obispo, 93405 - 3 bed, 2 bath
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San Luis Obispo, California 93405
This Modern Turn-Key Condominium is a High-Potential Investment Opportunity, listed at $739,000—positioned well above the $668,822 Fair Market Value by -10%. Built in 2024, the property maintains an Excellent Condition Rating with energy-efficient solar and ADA-compliant accessibility. Residents enjoy resort-style amenities, including a pool, spa, and peaceful lake views. While the square footage is compact, the low-maintenance lifestyle and prime San Luis Ranch location offer significant long-term stability. This is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 Madonna 103 Subject | $729,000* List Price | 3 | 2 | 1,071 | $623 | - |
A 905 Madonna Road 39 Sold | $825,000 | 3 | 4 | 1,355 | $609 | 0.1 mi |
B 905 Madonna Road 79 Sold | $790,000 | 3 | 4 | 1,346 | $587 | 0.1 mi |
C 11295 Los Osos Valley Rd Sold | $575,000 | 2 | 2 | 1,130 | $509 | 0.7 mi |
D 905 Madonna Road 79 Sold | $790,000 | 0 | 0 | 1,346 | $587 | 0.1 mi |
E 935 Madonna Rd 303 Active | $725,000 List Price | 3 | 2 | 1,100 | $659 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024, placing it well within the 'Excellent' age bracket. The interior features mint-condition modern finishes, including a contemporary kitchen with stainless steel appliances and updated flooring. Systems are brand new and energy-efficient, featuring full electric utilities and owned solar panels, requiring no maintenance.
Built in 2024, this turn-key home features owned solar and a fully electric system, significantly reducing utility costs and future maintenance needs.
This ground-floor, ADA-compliant unit offers effortless single-level living complemented by rare and peaceful lake views right from the doorstep.
Residents gain access to premium community features including a pool, spa, and clubhouse within the highly desirable San Luis Ranch development.
At 1,071 square feet for a three-bedroom configuration, the interior living spaces and individual bedrooms may feel relatively compact for some buyers.
The monthly association fee of $331.65 adds a recurring carrying cost that must be factored into the overall monthly housing budget.
Welcome to effortless living in the highly sought-after San Luis Ranch community! Built in 2024 and thoughtfully designed with comfort and convenience in mind, this turn-key ground floor condo offers modern finishes, ADA-compliant accessibility, and peaceful lake views right from your doorstep. Inside, the home feels fresh and barely lived in, with a light and airy layout that blends style and functionality. The open-concept living spaces flow seamlessly, creating an ideal setting for both everyday living and easy entertaining. Enjoy the convenience of single-level living paired with the tranquility of the surrounding community. This home is also fully electric and comes equipt with owned solar for low utility costs. Residents of San Luis Ranch enjoy resort-style amenities including a pool, spa, and beautifully appointed clubhouse, all while being centrally located near shopping, dining, parks, and everything the Central Coast lifestyle has to offer. Modern, low-maintenance, and move-in ready, this is an exceptional opportunity to own a home in one of San Luis Obispo’s most desirable newer developments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,071 | 1,179 | 33% |
| Lot Size | 1,071 | 1,179 | 33% |
| Price | $729.0K | $714.5K | 50% |
| Price per sq ft | $681 | $575 | 92% |
| Built year | 2024 | 2005 | 92% |
| HOA | $331.65 | $357 | 50% |
| Days on market | 27 | 132 | 8% |
Jun 11, 2026
$729,000
$739,000
-1% Price Drop
Initial Listing
May 18, 2026
$739,000
Initial Listing
Jun 26, 2024
$640,500
Public Record