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256 Memphis Belle Way, San Luis Obispo, CA 93401

$888K3bd · 3ba · 1,609 sqft
Lot 2,747 sqft•HOA $50/mo•Single Family Residence•
Active
•84d on market•MLS# SC-26157462

Property Description

Introducing the Islay Plan 2 site 305 at Avila Ranch, a thoughtfully designed two-story home offering 1,609 square feet of comfortable, modern living. This open-concept floor plan provides ample space for both everyday living and entertaining. The first floor welcomes you with an inviting entryway that flows seamlessly into a spacious great room—perfect for relaxing or hosting gatherings. Just off the great room, the well-appointed kitchen features modern appliances, a center prep island, a generous pantry, and direct access to a charming porch, ideal for outdoor entertaining or enjoying your morning coffee. Upstairs, the private owner’s suite serves as a peaceful retreat, complete with an en-suite bathroom and two walk-in closets. Two additional bedrooms offer comfortable accommodations for family or guests and share a conveniently located full bathroom. A dedicated laundry room enhances the home’s practicality, with optional cabinetry available for added storage and organization.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Dual, Ductless, Electric, Heat Pump, High Efficiency
View
None
City
San Luis Obispo
Zip Code
93401
County
San Luis Obispo
Listed byUnknown Office, Eric Silva

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,490.16
Principal & Interest
Loan Amount
$710,392
Total Interest
$906,066
Total Payment Over 30 Years
$1,616,458
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

Residential Tier · 5 active · 5 closed

256 Memphis Belle Way, San Luis Obispo, CA 93401

San Luis Obispo · Single Family Residence

$888K
Residential Tier
Beds
3
Baths
3
Sqft
1,609
Lot
2,747 sqft
Year
2026
$/Sqft
$552
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 3.3% below the median closed sale of $918,500.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $888K· $552/sqft
Total list price
Closed comps
vs closed median $919K
−$31K (−3.3%)
Active comps
vs active median $983K
−$95K (−9.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $562
−$10 (−1.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
190 TangoSan Luis Obispo2025331,6153,354$557$899,0001996
282 Memphis Belle WaySan Luis Obispo2026331,7083,585$548$935,738693
225 Kitty Hawk CourtSan Luis Obispo2026331,7084,088$576$983,3964989
213 Kitty Hawk CourtSan Luis Obispo2026331,8113,749$568$1.03M7689
241 Kitty Hawk CourtSan Luis Obispo2026331,9003,844$561$1.07M1687
Total: 5 · Average3.03.01,748.43,724$562$982,603.633.2
Median1,708$983,396

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3826 SebrightSan Luis Obispo202109/09/2026331,6731,632$937,000$918,500$5490.988390
3016 Arezzo DriveSan Luis Obispo202008/11/2026331,5674,568$1.08M$1.08M$6921.0113786
67 Contenta CourtSan Luis Obispo197609/16/2026321,2933,600$649,000$610,000$4720.947476
381 SageSan Luis Obispo201609/28/2026331,9555,047$1.27M$1.26M$6450.996076
21 Vista LaneSan Luis Obispo197608/10/2026321,2933,720$810,000$795,000$6150.984575
Total: 5 · Average3.02.61,556.23,713.4$933,700$933,700$594.6—79.8
Median1,567$918,500$918,500

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.