1263 Drake Circle, San Luis Obispo, CA 93405
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1263 Drake Circle San Luis Obispo, CA 93405

$975,000
  • 4 Beds
  • 2 Baths
  • 1,408 Sq.Ft.
For Sale
$975,000 Get Pre-Qualified

Map preview of 1263 Drake Circle, San Luis Obispo, CA 93405

Property Overview: 1263 Drake Circle San Luis Obispo, CA has 4 bedrooms, 2 bathrooms, 1,408 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to your charming 4-bedroom, 2-bathroom sanctuary nestled in San Luis Obispo. Offering 1,408 square feet of living space on a generous 6,500 square foot lot, this home offers an ideal blend of comfort, style, and convenience. Step inside to discover updated flooring and carpeting throughout, complemented by fresh exterior paint that enhances the home's curb appeal. Kitchen and living area open seamlessly to a sunroom, creating a light-filled retreat perfect for relaxation or entertaining. Outside, a private backyard awaits, complete with a concrete patio ideal for basking in the California sunshine. Green thumbs will delight in the ample gardening space, while mature fruit trees add a touch of natural beauty to the landscape. Attached 2-car garage, is equipped with laundry facilities. Plus, with close proximity to shopping, dining, and everyday amenities. This property also presents a compelling investment opportunity, as it is leased starting June 1st, 2024 at $5,200 a month, not including any utilities. Whether you're looking for your dream home or seeking a lucrative rental property, this San Luis Obispo gem checks all the boxes. Call your Realtor today to schedule a showing.

Listed by Kurtis Wurster | BRE #01931796 | BHGRE HAVEN PROPERTIES
Co-listed by Kim Wurster | BRE #01018025 | BHGRE HAVEN PROPERTIES
Last checked: 10 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1970
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
SC24035307
City
San Luis Obispo
County
San Luis Obispo
Time on Site
61 days

Open Houses for 1263 Drake Circle

No upcoming open houses

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Property Details for 1263 Drake Circle

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Flooring: Carpet, Laminate, Tile
  • Bonus Room, Sun
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Range Hood, Refrigerator
  • Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Open Floorplan
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Rain Gutters
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 004341027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Middle/Junior High School: Laguna
  • Middle/Junior High School: LAGUNA
  • High School: San Luis Obispo
  • High School: SALUOB
  • High School District: San Luis Coastal Unified
Location / Neighborhood
Location Information
  • Subdivision Name: San Luis Obispo(380)
  • Directions: From L.O.V.R. turn on Oceanaire Dr. and make a right turn on Drake. Home is on the right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
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Sale History for 1263 Drake Circle

Last sold for $702,000 on August 20th, 2021
  • February, 2024

  • Feb 26, 2024

    Date

    Active

    CRMLS: SC24035307

    $975,000

    Price

  • August, 2021

  • Aug 20, 2021

    Date

    Sold

    CRMLS: 210020373

    $702,000

    Price

  • Jul 20, 2021

    Date

    Active

    CRMLS: 210020373

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION LOCATION** Amazing single level 4 bedroom 2 bath home in the highly desirable quiet commuinity of Laguna Lake and convenience of located directly behind CL Smith Elementary. Located on a large lot with a combination of low maintenance landscaping and mature fruit trees, this well loved family home offers a professionally installed sunroom off the large family room offering the ideal indoor outdoor living space. Other features include the lifetime gauranteed Milgard Dual Pane Windows & Patio Doors throughout, newly installed furnace, granite kitchen countertops, stainless steel appliances, large extended driveway and 2 car garage with plenty of storage space. Equipment: Dryer, Washer Sewer: Public Sewer Topography: LL

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Tax History for 1263 Drake Circle

Assessed Value (2020): $395,295
Year Land Value Improved Value Assessed Value
2020 $201,850 $193,445 $395,295

Home Value Compared to the Market

This property vs the competition

1263 Drake Circle is listed 11.36% lower than the median list price for the city of San Luis Obispo which has a median list price of $1,100,000. The median price per/sqft for San Luis Obispo is $641 and this home is listed at $692.47 per/sqft which puts the price per square foot 8.03% higher than the median price per square foot for the city of San Luis Obispo.

About 1263 Drake Circle

Detailed summary of property

1263 Drake Circle is a single family home located in San Luis Obispo, CA 93405 and is currently for sale. This house offers 4 bedrooms, 2 bathrooms, roughly 1,408 living square feet, and sits on an approximately 6,500 square foot lot. 1263 Drake Circle was first listed on ArdentRealEstateGroup.com on February 26, 2024. The homeowner is currently asking $975,000. The median priced home in San Luis Obispo is $1,100,000 with a median price per square foot of $641. Based on Ardent Real Estate Group's San Luis Obispo Market Data, this home is listed 11.36% lower than the median priced home. Local competing homes currently for sale include 530 S Barrington Ave #102, 725 S Barrington Ave #207 and 440 Veteran Ave #403. While the average home in San Luis Obispo, CA is selling in 52 days, 1263 Drake Circle has a days on market of 51 days. There are currently 120 homes for sale in the San Luis Obispo real estate market and 91 of them are single family homes while 24 of them are condos and 5 are townhomes. For more information on this home for sale at 1263 Drake Circle San Luis Obispo, CA 93405 contact Ardent Real Estate Group and we will put you in touch with one of our San Luis Obispo agents.

Public Facts for 1263 Drake Circle

Public county record property details
Beds
4
Baths
2
Year built
1970
Sq. Ft.
1,408
Lot Size
6,500
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
San Luis Obispo
Lot#
--
APN
004-341-027

The source for these homes facts are from public records.

93405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,001,000
Median Sold Price/Sq.Ft.
$705
Total Inventory
42
Median Sale to List Price %
95.33%
Avg Days on Market
19
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (57.14%), Other (0%)

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Related Resources to 1263 Drake Circle

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.