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Sold for $1,595,000
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  • Listed by: Home & Ranch Sotheby's Intl • Francesco Pierini • Contact: 805-286-1178
    Bought with: Keller Williams Realty Central Coast
    $1,595,000

    1338 Madrone Ln, San Luis Obispo, CA 93401

    4beds
    3,372sqft
    Single Family Residence
    Built in 2000
    8,064 Square Feet Lot
    $1,803,500 Zestimate®
    $473/sqft
    $5,594 Estimated rent

    Home value

    $1,803,500

    $1.70M - $1.93M

    $5,594/mo

    Zestimate® history
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    What's special

    Fruit treesBreathtaking panoramic viewsGrand foyerGas fireplaceLush greeneryExpansive windowsHigh end miele
    Welcome to this exquisite residence nestled at the base of Islay Hills, in one of San Luis Obispo's most sought-after neighborhoods. Located in the heart of tranquility, this magnificent four-bedroom, three-bathroom home offers an extraordinary living experience. As you enter the Home from the second level you are welcomed by the grand foyer and your eyes are immediately drawn to the expansive windows that showcase the breathtaking panoramic views of majestic SLO hills.  The large living room, adorned with a charming fireplace, creates a warm and inviting ambiance that is perfect for intimate gatherings or cozy evenings with loved ones. Connected seamlessly, the dining area provides an exquisite ambiance for hosting elegant dinner parties.  The kitchen, a true masterpiece, boasts granite countertops that exude luxury and sophistication. This culinary haven is equipped with high end Miele and Dacor appliances including a built-in coffee machine. Next to the kitchen the family room boasts another fireplace and has access to the well-manicured backyard.  On this level, you will find a full bathroom, perfect for accommodating guests, as well as a guest bedroom with a private terrace that provides a peaceful retreat.  Venturing upstairs, you are greeted by an open area that can be utilized as an office or workspace. Adjacent to this space, you will find two bedrooms connected by a Jack and Jill bathroom, offering comfort and convenience for family members or guests. As you continue to explore, you will discover the inviting master suite featuring a gas fireplace, private terrace  and open master bathroom with walk-in shower and tub.  Stepping outside, you will discover a mature backyard oasis, meticulously landscaped to provide the utmost privacy and serenity. The lush greenery and vibrant colors of the fruit trees create a harmonious environment and the spacious deck is a perfect retreat offering the perfect space for outdoor entertainment and relaxation. Situated in close proximity to the best city amenities yet at the entrance of the idyllic Edna Valley Wine region this  property presents an unparalleled lifestyle opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Francesco Pierini DRE #02052032 805-286-1178,

    Home & Ranch Sotheby's Intl

    Bought with:

    Christina Buchanan, DRE #02105497

    Keller Williams Realty Central Coast

    Source: CRMLS,MLS#: NS23190602MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • None
    Appliances
    • Laundry: Upper Level
    Features
    • Balcony, Open Floorplan, Bedroom on Main Level
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,372 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 2
    • Patio & porch: Deck
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Hills
    Lot
    • Size: 8,064 Square Feet
    • Features: Cul-De-Sac
    Details
    • Parcel number: 053305007
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Biking, Foothills, Sidewalks
    • Subdivision: San Luis Obispo(380)
    HOA
    • Has HOA: Yes
    • Amenities included: Picnic Area, Playground, Trail(s)
    • HOA fee: $50 monthly
    • HOA name: Islay Hill Owners Association
    • HOA phone: 805-400-9416
    Location
    • Region: San Luis Obispo

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $1,626,900
    • Annual tax amount: $17,932
    • Date on market: 11/2/2023
    • Cumulative days on market: 50 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    2/22/2024Sold$1,595,000$473/sqft
    Source: CRMLS #NS23190602 Report a problem
    1/9/2024Pending sale$1,595,000+869.6%$473/sqft
    Source: CRMLS #NS23190602 Report a problem
    12/20/2000Sold$164,500-64.2%$49/sqft
    Source: Public Record Report a problem
    6/30/2000Sold$460,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,932 +134.1%$1,626,900 +134.7%
    2024$7,660 +1.8%$693,125 +2%
    2023$7,522 +6.7%$679,535 +2%
    2022$7,050 +1.6%$666,212 +2%
    2021$6,938 +1%$653,150 +1%
    2020$6,867 +1%$646,454 +2%
    2019$6,796 +3.2%$633,779 +2%
    2018$6,587 +2%$621,353 +2%
    2017$6,457 +2%$609,171 +2%
    2016$6,329 $597,228 +1.5%
    2015$6,329 +10.6%$588,258 +2%
    2014$5,720 $576,736 +2.5%
    2012-- $562,875 +2%
    2011-- $551,840 +0.8%
    2010-- $547,717 -0.2%
    2009-- $549,019 +2%
    2008-- $538,255 +2%
    2007-- $527,702 +2%
    2006-- $517,355 +2%
    2005-- $507,212 +2%
    2004-- $497,267 +1.9%
    2003-- $488,155 +2%
    2002-- $478,584 +2%
    2001-- $469,200
    Find assessor info on the county website

    Neighborhood: 93401

    Nearby schools

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