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261 Via La Paz, San Luis Obispo, CA 93401

$739K2bd · 3ba · 1,341 sqft
Lot 0 sqft•HOA $465/mo•Townhouse•
Active
•10d on market•MLS# NS-26214732

Property Description

Welcome to Margarita Villas! A great Planned Unit Development community with pool, spa and pathways. This particular home has been originally owned since 1988. Home has been lovingly cared for throughout the years. The living room is roomy with south facing windows for natural light, high vaulted ceilings and with a cozy fireplace. The dining room is located just off the kitchen and the sliding glass doors lead to a private patio area. The kitchen has newer tile floors and the stainless applicances will be included. Upstairs you will find 2 primary suites with their own private baths. A must see.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
None
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byUnknown Office, Reina Solorio

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,736.79
Principal & Interest
Loan Amount
$591,200
Total Interest
$754,043
Total Payment Over 30 Years
$1,345,243
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

261 Via La Paz, San Luis Obispo, CA 93401

San Luis Obispo · Townhouse

$739K
Affordable Tier
Beds
2
Baths
3
Sqft
1,341
Lot
2,178 sqft
Year
1988
$/Sqft
$551
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 5.3% below the median closed sale of $780,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $739K· $551/sqft
Total list price
Closed comps
vs closed median $780K
−$41K (−5.3%)
Active comps
vs active median $825K
−$86K (−10.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $512
+$39 (+7.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2803 Garibaldi AvenueSan Luis Obispo1999331,4971,497$551$825,0007683
720 LeffSan Luis Obispo1979331,5181,129$540$819,0004980
842 Tarragon LaneSan Luis Obispo2009231,7851,785$381$680,0005978
1119 Tiburon WaySan Luis Obispo2023331,6191,925$534$864,999676
3816 Hatchery LaneSan Luis Obispo2021331,6731,632$552$924,0009572
Total: 5 · Average2.83.01,618.41,593.6$511.6$822,599.857
Median1,619$825,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3203 Via EnsenadaSan Luis Obispo198705/12/2026231,3891,986$650,000$685,000$4931.053690
256 Via San BlasSan Luis Obispo198810/02/2026331,5652,133$699,900$669,900$4280.964888
269 Via San BlasSan Luis Obispo198806/22/2026331,5652,133$780,000$780,000$4981.003886
1144 WalnutSan Luis Obispo200506/30/2026331,4451,526$840,000$840,000$5811.0011982
1115 TiburonSan Luis Obispo202307/10/2026331,6192,253$869,000$872,000$5391.003875
Total: 5 · Average2.83.01,516.62,006.2$769,380$769,380$507.8—55.8
Median1,565$780,000$780,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.