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San Luis Obispo, CA Townhomes for Sale

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  • /35

    $899,900

    • 3 Beds
    • 2.5 Baths
    • 1,619 Sq Ft

    1053 Tiburon Way, San Luis Obispo, CA 93401

    Welcome to this Beautiful Fairly New, Modern Farmhouse in San Luis Obispo. Located in the Righetti Ranch Community. Walk-in to this Turnkey, Newly Built Home in 2022; Featuring 3 bedrooms, 2.5 Bathrooms. Open Floor Plan with Luxury Laminate Wood Flooring, Recessed Lighting throughout, Tankless Water Heater. Open Living Room connects to the Dining Area and Beautiful Open Kitchen with Quartz

    Jesus Zambrano The Mantelli Group

    1053 Tiburon Way, San Luis Obispo, CA 93401
  • /48

    $895,000

    • 3 Beds
    • 2.5 Baths
    • 1,619 Sq Ft

    3860 Righetti Ranch Rd, San Luis Obispo, CA 93401

    Nearly New, Modern Farmhouse in the Heart of Righetti Ranch.Welcome to this stunning, nearly-new home in the highly sought-after Righetti Ranch community, where contemporary modern farmhouse architecture meets the charm of San Luis Obispo living. Located in a walkable neighborhood that fosters a true sense of community, this thoughtfully designed 3-bedroom, 2.5-bath home is filled with high-end

    Danielle Nunes LPT Realty, Inc.

    3860 Righetti Ranch Rd, San Luis Obispo, CA 93401

Why Live in San Luis Obispo

Downtown San Luis Obispo captivates residents with its historic Mission San Luis Obispo de Tolosa, founded in 1772, alongside unique shops and art galleries. The famous Thursday Night Farmers' Market transforms Higuera Street into a lively gathering spot with local produce, live music, and entertainment. Outdoor recreation surrounds the city with over 50 miles of hiking trails, including Bishop Peak and Islay Hill, which provide panoramic views. The Edna Valley wine region sits just minutes from downtown, while beaches like Avila and Pismo are within a 15-minute drive. The San Luis Obispo housing market currently lists 100 homes for sale, ranging from $565,000 to $4,988,000. The median sale price stands at $1,059,000 citywide. Single-family homes command a median price of $1,250,000, with notable variations by neighborhood. Downtown San Luis Obispo leads with a median of $1,445,000 for single-family homes, while the Madonna area presents more affordable options at $899,000. Townhomes show a median price of $910,000, while condos range from $499,000 for one bedroom to $675,000 for two bedrooms. Property taxes in San Luis Obispo County maintain a 0.7% effective rate, comparable to nearby Paso Robles but slightly higher than Santa Barbara County's 0.66%. The combined sales tax rate reaches 8.80%, including the 7.25% California state rate and 1.55% local rate. The city's educational landscape includes California Polytechnic State University and highly rated public schools. Bishop's Peak Elementary and Laguna Middle School both earned A ratings from Niche, while Mission College Preparatory Catholic High School achieved an A+ rating. SLO Transit provides public bus service throughout the city, complemented by Amtrak connections and the San Luis Obispo County Regional Airport offering daily flights to major cities.

Home Trends in San Luis Obispo, CA

Housing Trends

Median Sale Price
$1,064,094
Median Single Family Sale Price
$1,249,000
Median Townhouse Sale Price
$904,000
Median 2 Bedroom Sale Price
$675,000
Median 1 Bedroom Sale Price
$499,000
Average Price Per Sq Ft
$701
Number of Homes for Sale
95
Last 12 months Home Sales
794
Months of Supply
1.40
Median List Price
$1,100,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%
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