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615 Grove Street, San Luis Obispo, CA 93401

$1.68M3bd · 3ba · 1,748 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•54d on market•MLS# SC-26181284

Property Description

Charming cottage-style home with contemporary finishes, ideally located between Cal Poly and downtown San Luis Obispo. Much larger than it appears from the street, this 1,748-square-foot home offers 3 bedrooms, 3 baths and a dedicated office, with a flexible layout and inviting living spaces throughout. The home blends character with contemporary finishes. The thoughtfully updated kitchen features soft green cabinetry, generous counter space, a large island with breakfast bar and second sink, open shelving and a double-oven setup that includes a dedicated pizza oven. Remodeled bathrooms and a dedicated office add to the home's comfort and flexibility, while generous decks extend the living space outdoors and capture views toward Madonna Mountain. The private backyard is made for enjoying the Central Coast lifestyle, with an in-ground pool, diving board, solar heating and cover, plus plumbing in place for an outdoor spa. A covered outdoor entertaining area features a built-in counter, sink and cabinetry, creating a comfortable space for gathering and dining outdoors. A 3-car garage provides exceptional flexibility, with a 2-car garage for parking and a separate 1-car garage currently used for storage that offers possibilities for additional parking, a workshop, workout space, hobby room or extra storage. A large private driveway provides plenty of additional off-street parking. Central air conditioning and a generator add comfort and peace of mind. Just minutes from Cal Poly and downtown San Luis Obispo, with easy freeway access and close proximity to restaurants, shopping, gas and everyday conveniences, this is a special opportunity to enjoy a character-filled home with contemporary comforts, wonderful outdoor spaces and a highly convenient location.

Features & Amenities

FeeBuilt 1939

Property Details

Land Type
Fee
Year Built
1939
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Forced Air
Cooling
Central Air
View
Hills, Pool, Trees/Woods
Flooring
Carpet, Wood
Roof
Composition
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byBjerre & Garcia Realty Inc, Paulette Aurignac

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,469.71
Principal & Interest
Loan Amount
$1,340,000
Total Interest
$1,709,096
Total Payment Over 30 Years
$3,049,096
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

Luxury Tier · 5 active · 5 closed

615 Grove Street, San Luis Obispo, CA 93401

San Luis Obispo · Single Family Residence

$1.68M
Luxury Tier
Beds
3
Baths
3
Sqft
1,748
Lot
6,098 sqft
Year
1939
$/Sqft
$958
Pool: Yes✓
View: Hills, Pool, Trees/Woods✓
Garage: 3-car✓

Listed 42.6% above the median closed sale of $1,175,000. Price per sqft ($958) is a 35% premium to closed comps ($709). Closed comps sold at 100% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.68M· $958/sqft
Total list price
Closed comps
vs closed median $1.18M
+$500K (+42.6%)
Active comps
vs active median $1.20M
+$476K (+39.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $655
+$303 (+46.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
195 Tango WaySan Luis Obispo2024331,7104,657$532$910,0009078
334 Margarita AvenueSan Luis Obispo1972321,9096,000$523$999,000874
123 RamonaSan Luis Obispo1953432,1806,190$594$1.29M13871
3101 Arezzo DriveSan Luis Obispo2020331,9354,563$620$1.20M9670
2599 Helena StreetSan Luis Obispo1953421,3416,089$1,007$1.35M7970
Total: 5 · Average3.42.61,8155,499.8$655.2$1.15M82.2
Median1,909$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3238 Cherry LaneSan Luis Obispo201509/08/2026321,7466,417$1.15M$1.16M$6641.018076
3204 VioletSan Luis Obispo201610/05/2026321,7465,470$1.35M$1.32M$7590.986575
844 Escuela CourtSan Luis Obispo198509/30/2026331,7007,405$1.19M$1.16M$6790.979474
642 Stoneridge DriveSan Luis Obispo198809/16/2026331,8815,000$1.18M$1.18M$6251.003373
321 Tolosa WaySan Luis Obispo195110/02/2026321,6527,333$1.29M$1.35M$8171.042772
Total: 5 · Average3.02.41,7456,325$1.23M$1.23M$708.8—59.8
Median1,746$1.18M$1.18M

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.