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1063 Terra Way, San Luis Obispo, CA, 93405

$955,480

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,639 SqFt
$583/SqFt
House

Location

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1063 Terra Way, San Luis Obispo$955,480

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Garage, Garage Door Opener, On Street
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
FireplaceNone
ViewNone
MLS #SC24252535
Lot Size0.06 Acres
StatusActive

About 1063 Terra Way

Take advantage of this rare opportunity to own a home in the desirable Legacy Collection community in San Luis Ranch! Located on a quiet cul-de-sac, this 3-bedroom, and 2.5-bathroom home showcases the main living space and kitchen on the upper level, providing enhanced natural light and a bright, open feel. The finishes in the home have been professionally designed with a desirable Luxury Vinyl Plank floor spreading throughout the home. The kitchen offers ample cabinet space with undermount lighting, stainless-steel appliances, & gorgeous smooth-surface quartz countertops. Enjoy the upstairs primary bedroom with vaulted ceilings and an elegant bathroom ensuite boasting dual vanity sinks, a spacious shower, and large walk-in-closet. Extend your outdoor living on the upstairs balcony, conveniently situated off the main living area. Enjoy added comfort with air conditioning, included solar panels for energy efficiency, and a spacious 2-car garage. This home is just a short walk from the exciting new SLO Ranch Farms & Marketplace, offering family-friendly restaurants, shopping, and activities right at your doorstep! This home is currently under construction. Photos shown here are of a staged home, finishes will vary. Please note, the information found in the Tax and Assessment area of this listing is based on unimproved land. For any questions, please discuss with our sales team.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 1,639 SqFt

Listing Office:

  • Office Name: SLO Ranch Realty Inc.
  • Office Phone: (805) 345-8062
  • Listing Agent: Kayla Hanks

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
  • Flooring Type: Vinyl
  • Interior: Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Single, Driveway, Garage, Garage Door Opener, On Street

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump

Other

Directions Information:

  • Directions: From 101, exit Los Osos Valley Road, right on Froom Ranch Way, left on San Luis Ranch Rd, left on Harvest St, right on Citrus Pl, left on Terra Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $955,480
  • Price Per SqFt: $583/SqFt

HOA Fees:

  • Amount: $122
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in San Luis Obispo, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$618

Avg. Days On Market

24

# of Sold Homes

26

1063 Terra Way vs San Luis Obispo

1 DAY ON ROCKET

-23 Days

$955,480

-$64.5K Less

$583/SqFt

-$36 Less

KEY TAKEAWAY

This property is $64.5K less than the Median Sold Price and $36/SqFt less than other homes in San Luis Obispo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SC24252535

Listing Office:

  • Office Name: SLO Ranch Realty Inc.
  • Office Phone: (805) 345-8062
  • Listing Agent: Kayla Hanks

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,958

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,931

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-784295
6
/10
  • C.L. Smith Elementary School

  • 1375 Balboa St

  • 0.62 miles

  • Public District Grades KG-6

school-card-donut-784296
5
/10
  • Hawthorne Elementary School

  • 2125 Story St

  • 1.63 miles

  • Public District Grades KG-6

school-card-donut-784297
7
/10
  • Sinsheimer Elementary School

  • 2755 Augusta St

  • 2.26 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,887. Typical income of San Luis Obispo, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1063 Terra Way

What is the listing price of this property?

The listing price of 1063 Terra Way property is $955,480.

What type of property is this?

The property 1063 Terra Way is a house located in San Luis Obispo, California, 93405.

Is this property for sale now?

Active Listing: 1063 Terra Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1063 Terra Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1063 Terra Way is 1,639 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1063 Terra Way is 2024.

Rocket HomesCaliforniaSan Luis Obispo CountySan Luis Obispo934051063 Terra Way

This home is located at 1063 Terra Way in San Luis Obispo, CA and zip code 93405. This 1,639 square foot home, which was built in 2024, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $955,480.

Over 6 listings were sold over their listed price in November 2024 in San Luis Obispo, CA. In the same period over 15 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in San Luis Obispo, CA decreased by 16.4% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $1,020,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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