1196 Tiburon Way, San Luis Obispo, CA 93401
1196 Tiburon Way, San Luis Obispo, CA 93401
Property Description
New Construction ready for move in. Welcome to The Collective at Righetti — a limited collection of four thoughtfully designed live/work residences in the heart of Righetti. Blending modern living with flexible street-level professional office space, these homes are ideal for entrepreneurs, creatives, and professionals seeking the convenience of living and working under one roof. Each residence offers 3 bedrooms and 2.5 baths across the second and third levels, plus a versatile ground-floor office, studio, or optional 4th bedroom with a full bath. Designed with contemporary finishes throughout, the interiors feature quartz countertops in kitchens and baths, full-height tile backsplashes in kitchens, LG stainless steel appliances, Melamine Thermo Composite (MTC) flooring in the main living areas, carpeted bedrooms, and designer tile in baths and laundry areas.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Luis Obispo · Townhouse
Listed 22.2% above the median closed sale of $859,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1194 Tiburon Way | San Luis Obispo | 2026 | 3 | 4 | 2,221 | 0 | $473 | $1.05M | 4 | 95 |
| 1198 Tiburon Way | San Luis Obispo | 2026 | 3 | 4 | 2,232 | 0 | $482 | $1.07M | 149 | 87 |
| 1119 Tiburon Way | San Luis Obispo | 2023 | 3 | 3 | 1,619 | 1,925 | $534 | $864,999 | 5 | 82 |
| 3816 Hatchery Lane | San Luis Obispo | 2021 | 3 | 3 | 1,673 | 1,632 | $552 | $924,000 | 93 | 81 |
| 842 Tarragon Lane | San Luis Obispo | 2009 | 2 | 3 | 1,785 | 1,785 | $381 | $680,000 | 57 | 77 |
| Total: 5 · Average | 2.8 | 3.4 | 1,906 | 1,780.667 | $484.4 | $918,799.8 | 61.6 | |||
| Median | 1,785 | $924,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1033 Tiburon | San Luis Obispo | 2022 | 09/17/2026 | 3 | 3 | 1,651 | 1,672 | $775,000 | $785,000 | $475 | 1.01 | 70 | 82 |
| 1174 Tiburon | San Luis Obispo | 2023 | 05/11/2026 | 3 | 3 | 1,651 | 1,802 | $829,000 | $805,000 | $488 | 0.97 | 47 | 80 |
| 1225 Sponza Dr | San Luis Obispo | 2022 | 09/22/2026 | 3 | 3 | 1,713 | 1,610 | $919,000 | $910,000 | $531 | 0.99 | 94 | 73 |
| 1115 Tiburon | San Luis Obispo | 2023 | 07/10/2026 | 3 | 3 | 1,619 | 2,253 | $869,000 | $872,000 | $539 | 1.00 | 38 | 71 |
| 3864 Righetti Ranch Road | San Luis Obispo | 2022 | 06/08/2026 | 3 | 3 | 1,651 | 0 | $859,000 | $859,000 | $520 | 1.00 | 12 | 70 |
| Total: 5 · Average | 3.0 | 3.0 | 1,657 | 1,834.25 | $846,200 | $846,200 | $510.6 | — | 52.2 | ||||
| Median | 1,651 | $859,000 | $859,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.