
261 Via La Paz, San Luis Obispo, CA 93401
261 Via La Paz, San Luis Obispo, CA 93401
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Luis Obispo · Townhouse
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2803 Garibaldi Avenue | San Luis Obispo | 1999 | 3 | 3 | 1,497 | 1,497 | $551 | $825,000 | 76 | 83 |
| 720 Leff | San Luis Obispo | 1979 | 3 | 3 | 1,518 | 1,129 | $540 | $819,000 | 49 | 80 |
| 842 Tarragon Lane | San Luis Obispo | 2009 | 2 | 3 | 1,785 | 1,785 | $381 | $680,000 | 59 | 78 |
| 1119 Tiburon Way | San Luis Obispo | 2023 | 3 | 3 | 1,619 | 1,925 | $534 | $864,999 | 6 | 76 |
| 3816 Hatchery Lane | San Luis Obispo | 2021 | 3 | 3 | 1,673 | 1,632 | $552 | $924,000 | 95 | 72 |
| Total: 5 · Average | 2.8 | 3.0 | 1,618.4 | 1,593.6 | $511.6 | $822,599.8 | 57 | |||
| Median | 1,619 | $825,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3203 Via Ensenada | San Luis Obispo | 1987 | 05/12/2026 | 2 | 3 | 1,389 | 1,986 | $650,000 | $685,000 | $493 | 1.05 | 36 | 90 |
| 256 Via San Blas | San Luis Obispo | 1988 | 10/02/2026 | 3 | 3 | 1,565 | 2,133 | $699,900 | $669,900 | $428 | 0.96 | 48 | 88 |
| 269 Via San Blas | San Luis Obispo | 1988 | 06/22/2026 | 3 | 3 | 1,565 | 2,133 | $780,000 | $780,000 | $498 | 1.00 | 38 | 86 |
| 1144 Walnut | San Luis Obispo | 2005 | 06/30/2026 | 3 | 3 | 1,445 | 1,526 | $840,000 | $840,000 | $581 | 1.00 | 119 | 82 |
| 1115 Tiburon | San Luis Obispo | 2023 | 07/10/2026 | 3 | 3 | 1,619 | 2,253 | $869,000 | $872,000 | $539 | 1.00 | 38 | 75 |
| Total: 5 · Average | 2.8 | 3.0 | 1,516.6 | 2,006.2 | $769,380 | $769,380 | $507.8 | — | 55.8 | ||||
| Median | 1,565 | $780,000 | $780,000 | ||||||||||
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.