1284 Oceanaire Drive, San Luis Obispo, CA 93405
1284 Oceanaire Drive, San Luis Obispo, CA 93405
Property Description
First time on the market in over 37 years! Lovingly maintained and owner-occupied for more than three decades, this spacious single-level rancher offers 1,891 sq. ft. of comfortable living space with 3 bedrooms, 2 baths, and tons of potential. The inviting living room features a wood-burning fireplace with a gas log set and abundant natural light throughout. A separate family room provides additional living space and offers the flexibility to convert into a 4th bedroom. Storage is plentiful with generous hall and linen closets along with classic built-in cabinetry, while one bathroom includes a Safeguard walk-in jetted tub for added comfort and convenience. Notable updates include a newer roof and upgraded windows, and all appliances stay with the home. Situated on an expansive corner lot, the property boasts low-maintenance landscaping, an oversized 2-car garage, and convenient access to schools, shopping, restaurants, and everyday amenities. This exceptionally cared-for home is ready to welcome its next owners!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Luis Obispo · Single Family Residence
Listed 20.4% below the median closed sale of $1,175,000. Price per sqft ($494) is a 26% discount to closed comps ($669). Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 334 Margarita Avenue | San Luis Obispo | 1972 | 3 | 2 | 1,909 | 6,000 | $523 | $999,000 | 9 | 98 |
| 1560 Phillips Lane | San Luis Obispo | 1952 | 3 | 3 | 1,848 | 6,600 | $731 | $1.35M | 12 | 89 |
| 2035 Rachel Street | San Luis Obispo | 1995 | 3 | 2 | 1,565 | 6,041 | $636 | $995,000 | 3 | 87 |
| 615 Grove Street | San Luis Obispo | 1939 | 3 | 3 | 1,748 | 6,098 | $958 | $1.68M | 54 | 83 |
| 3101 Arezzo Drive | San Luis Obispo | 2020 | 3 | 3 | 1,935 | 4,563 | $620 | $1.20M | 97 | 81 |
| Total: 5 · Average | 3.0 | 2.6 | 1,801 | 5,860.4 | $693.6 | $1.24M | 35 | |||
| Median | 1,848 | $1.20M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1351 Avalon Street | San Luis Obispo | 1963 | 08/31/2026 | 3 | 2 | 1,665 | 6,000 | $925,000 | $935,000 | $562 | 1.01 | 39 | 92 |
| 1010 Yarrow Court | San Luis Obispo | 1987 | 08/18/2026 | 3 | 2 | 1,828 | 7,564 | $1.35M | $1.35M | $740 | 1.00 | 40 | 91 |
| 1330 Oceanaire Drive | San Luis Obispo | 1967 | 09/01/2026 | 2 | 3 | 1,881 | 7,200 | $1.38M | $1.42M | $755 | 1.03 | 46 | 90 |
| 3238 Cherry Lane | San Luis Obispo | 2015 | 09/08/2026 | 3 | 2 | 1,746 | 6,417 | $1.15M | $1.16M | $664 | 1.01 | 80 | 89 |
| 642 Stoneridge Drive | San Luis Obispo | 1988 | 09/16/2026 | 3 | 3 | 1,881 | 5,000 | $1.18M | $1.18M | $625 | 1.00 | 33 | 87 |
| Total: 5 · Average | 2.8 | 2.4 | 1,800.2 | 6,436.2 | $1.21M | $1.21M | $669.2 | — | 47.6 | ||||
| Median | 1,828 | $1.18M | $1.18M | ||||||||||
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.