*This is a Below Market Rate (BMR) Workforce Affordable Home. Purchaser must meet the 2023 Annual Income Requirements set forth by the City of San Luis Obispo. Purchase Contract will be subject to final approval by the City of San Luis Obispo and any third party that will assist in the purchase process . A prequalification by Legacy’s Preferred Lender will be required. Take advantage of this rare opportunity to own a home in the desirable San Luis Ranch community! Welcome to the Legacy Collection, an all-electric community nestled in the heart of San Luis Obispo with convenient access to shopping and an abundance of outdoor activities. This single-level 3-bedroom and 2-bathroom home showcases an open floor plan with beautiful, vaulted ceilings in the kitchen and great room areas. The finishes in the home include wood-look laminate flooring throughout the main living areas, lush carpet in all bedrooms, and tile flooring in the bathrooms and indoor laundry room. The kitchen offers ample cabinet space with undermount lighting, stainless-steel appliances, & a gorgeous smooth-surface quartz countertop. Enjoy the spacious primary bedroom with an elegant bathroom ensuite boasting dual vanity sinks, spacious shower, and walk-in-closet. Additional appointed features in the home include air conditioning, solar panels, and a 2-car garage. Extend your outdoor enjoyment with the amenities found in the neighborhood park, along the active fitness loop, or at the upcoming Farm & Marketplace with community gardens!
Sold for $658,700
Listed by: SLO Ranch Realty Inc. • Kayla Hanks • Contact: 805-431-4406
Bought with: None MRML
Tax assessed value
$658,700
1084 Terra Way, San Luis Obispo, CA 93405
3beds
1,339sqft
Single Family Residence
Built in 2024
3,200 Square Feet Lot
$838,800 Zestimate®
$492/sqft
$4,079 Estimated rent
Home value
$838,800
$797,000 - $889,000
$4,079/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kayla Hanks DRE #02024564 805-345-8062,
SLO Ranch Realty Inc.
Bought with:
NONE NONE, DRE #N/A
None MRML
Source: CRMLS,MLS#: SC24107842
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Utility Room
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Dual Sinks, Full Bath on Main Level, Granite Counters, Low Flow Plumbing Fixtures, Quartz Counters, Tub Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters
Heating
- Electric, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump, Solar
Cooling
- ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Range Hood, Water To Refrigerator, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Features
- Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite, Utility Room, Walk-In Closet(s)
- Flooring: Laminate
- Doors: ENERGY STAR Qualified Doors, Insulated Doors, Sliding Doors
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,339 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Direct Access, Garage Faces Front, Garage, Garage Door Opener, On Site, Paved, Public, On Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: side of home
- Patio & porch: Concrete, Open, Patio
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Hills, Mountain(s), Neighborhood
Lot
- Size: 3,200 Square Feet
- Features: 0-1 Unit/Acre, Back Yard, Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Landscaped, Level, Near Park, Near Public Transit, Sprinklers Timer, Street Level
Details
- Parcel number: 053154031
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: See Remarks
- Property subtype: Single Family Residence
Materials
- Blown-In Insulation, Drywall, Hardboard, Stucco
- Foundation: Concrete Perimeter, See Remarks
- Roof: Composition
Condition
- Under Construction
- New construction: Yes
- Year built: 2024
Details
- Builder model: Plan O
- Builder name: Coastal Community Builders
Utilities & green energy
- Electric: 220 Volts Other, Electricity - On Property, See Remarks
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Green energy
- Energy efficient items: Doors, HVAC, Insulation, Windows, Appliances, Water Heater
- Energy generation: Solar
- Water conservation: Low-Flow Fixtures
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Foothills, Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
- Subdivision: San Luis Ranch
HOA
- Has HOA: Yes
- Amenities included: Outdoor Cooking Area, Other Courts, Barbecue, Playground, Pet Restrictions, Pets Allowed, Trail(s)
- HOA fee: $120 monthly
- HOA name: Legacy Collection
- HOA phone: 916-740-2462
Location
- Region: San Luis Obispo
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $658,700
- Annual tax amount: $7,183
- Date on market: 5/29/2024
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Sold | $658,700$492/sqft |
Source:  CRMLS #SC24107842 Report a problem | ||
| 7/22/2024 | Pending sale | $658,700$492/sqft |
Source: CRMLS #SC24107842 Report a problem | ||
| 5/29/2024 | Listed for sale | $658,700$492/sqft |
Source: CRMLS #SC24107842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,183 +173.4% | $658,700 +177.1% |
| 2024 | $2,627 +82.2% | $237,700 +82.5% |
| 2023 | $1,441 +6.7% | $130,226 +2% |
| 2022 | $1,351 +3.6% | $127,673 +4% |
| 2021 | $1,304 | $122,749 |
Find assessor info on the county website
Neighborhood: 93405
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Nearby schools
GreatSchools rating
- 7/10Smith (C. L.) Elementary SchoolGrades: K-6Distance: 0.5 mi
- 9/10Laguna Middle SchoolGrades: 7-8Distance: 0.9 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 2.6 mi
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- California
- San Luis Obispo County
- San Luis Obispo
- 93405
- 1084 Terra Way
Nearby cities
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