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Pending
    • Listed by: Blakely Real Estate & Appraisals • Daniel Blakely • Contact: 831-239-5464
    $565,000

    1151 Laurel Ln, San Luis Obispo, CA 93401

    2beds
    900sqft
    : 
    $4,020/mo
    Get pre-qualified
    Condominium
    Built in 1963
    -- sqft lot
    $553,100 Zestimate®
    $628/sqft
    $330/mo HOA

    What's special

    Beautifully updated 2-bedroom, 1-bath condo located in the highly desirable Southwood Chalets community. This inviting home features laminate wood flooring, crown molding, and a bright, comfortable living area that flows seamlessly into the tastefully updated kitchen complete with black granite countertops, travertine flooring, abundant cabinetry, and generous prep space. Upstairs, both bedrooms share a well-appointed full bathroom, creating a practical and functional layout. The spacious private patio offers an ideal setting for outdoor dining, gardening, entertaining, or relaxing in the coastal climate. A charming red storage shed houses the washer and dryer, while an additional shed provides valuable extra storage space. Rear patio access leads directly to the two designated parking spaces for added convenience. Ideally situated close to shopping, parks, public transportation, and just minutes from vibrant downtown San Luis Obispo, this property offers an exceptional opportunity for first-time buyers, investors, or anyone seeking low-maintenance living in a prime location.
    54 days
    |
    29
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Blakely DRE #01514442 831-239-5464,

    Blakely Real Estate & Appraisals

    Source: CRMLS,MLS#: SC26105877MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Living Room
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Tub Shower
      Heating
      • Electric, Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dishwasher
      • Laundry: Outside
      Features
      • Crown Molding, Granite Counters, Storage, All Bedrooms Up
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total interior livable area: 900 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Laurel
      • Patio & porch: Patio
      • Pool features: None
      • Has view: Yes
      • View description: Hills, Neighborhood
      Lot
      • Size: 900 Square Feet
      • Features: Level
      Details
      • Parcel number: 004563045
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Sidewalks
      • Subdivision: San Luis Obispo(380)
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Maintenance Front Yard
      • HOA fee: $330 monthly
      • HOA name: Southwood Chalets HOA
      • HOA phone: 805-781-3595
      Location
      • Region: San Luis Obispo

      Financial & listing details

      • Price per square foot: $628/sqft
      • Tax assessed value: $483,369
      • Annual tax amount: $5,251
      • Date on market: 5/14/2026
      • Cumulative days on market: 55 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

        Estimated market value

        $553,100

        $525,000 - $581,000

        $2,848/mo

        Price history

        DateEventPrice
        7/6/2026Pending sale$565,000$628/sqft
        Source: CRMLS #SC26105877 Report a problem
        6/16/2026Contingent$565,000$628/sqft
        Source: CRMLS #SC26105877 Report a problem
        5/15/2026Listed for sale$565,000+21.5%$628/sqft
        Source: CRMLS #SC26105877 Report a problem
        9/30/2022Sold$465,000+49%$517/sqft
        Source: Public Record Report a problem
        3/8/2017Sold$312,000+1%$347/sqft
        Source: Public Record Report a problem
        2/5/2017Pending sale$309,000$343/sqft
        Source: Horizon Realty & Property Mgt #SC1074469 Report a problem
        1/28/2017Listed for sale$309,000+58.5%$343/sqft
        Source: Horizon Realty & Property Mgt #SC1074469 Report a problem
        5/31/2013Sold$195,000-41.2%$217/sqft
        Source: Public Record Report a problem
        4/15/2005Sold$331,500$368/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,251 +1.8%$483,369 +2%
        2024$5,160 +1.9%$473,892 +2%
        2023$5,065 +40.5%$464,600 +36.4%
        2022$3,605 +1.6%$340,668 +2%
        2021$3,548 +1%$333,989 +1%
        2020$3,511 +1%$330,565 +2%
        2019$3,475 +2%$324,084 +2%
        2018$3,407 +58.9%$317,730 +53.6%
        2017$2,143 +2.1%$206,900 +2%
        2016$2,100 $202,844 +1.5%
        2015$2,100 +10.7%$199,798 +2%
        2014$1,896 $195,885 +16.6%
        2012-- $168,000 -4%
        2011-- $175,000 -19.4%
        2010-- $217,000 -17.5%
        2009-- $263,000 -12.9%
        2008-- $302,000 -12.4%
        2007-- $344,892 +2%
        2006-- $338,130 +136.3%
        2005-- $143,116 +2%
        2004-- $140,311 +1.9%
        2003-- $137,740 +2%
        2002-- $135,040 +31.1%
        2001-- $103,020
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 93401

        Getting around

        63 / 100
        Somewhat Walkable
        22 / 100
        Minimal Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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