577 Princeton Place, San Luis Obispo, CA 93405
577 Princeton Place, San Luis Obispo, CA 93405
Property Description
Located on a quiet cul-de-sac in one of San Luis Obispo's most desirable neighborhoods, this spacious 5-bedroom, 2-bath home offers approximately 2,168± square feet of living space—larger than many homes in the area. The property backs to a seasonal creek with mature landscaping, providing a natural backdrop and added privacy. Inside, luxury vinyl plank flooring runs throughout, abundant windows bring in natural light, and the functional floor plan offers flexibility for a variety of living arrangements. The generous driveway provides ample off-street parking, with additional paved side-yard space offering potential for boat or recreational vehicle parking. Ideally situated just minutes from Cal Poly, Bishop Peak hiking trails, shopping, restaurants, and the Foothill corridor, the home also enjoys excellent access to San Luis Obispo's expanding network of bike paths and multi-use trails, making it easy to commute, recreate, and enjoy the Central Coast lifestyle.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Luis Obispo · Single Family Residence
Listed 22.5% below the median closed sale of $1,420,000. Price per sqft ($507) is a 26% discount to closed comps ($682). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 123 Ramona | San Luis Obispo | 1953 | 4 | 3 | 2,180 | 6,190 | $594 | $1.29M | 138 | 80 |
| 2021 Skylark | San Luis Obispo | 1962 | 4 | 3 | 2,399 | 10,624 | $698 | $1.68M | 220 | 79 |
| 342 Tresana Lane | San Luis Obispo | 2017 | 4 | 3 | 2,281 | 5,688 | $657 | $1.50M | 20 | 71 |
| 52 Oconnor | San Luis Obispo | 1947 | 6 | 3 | 2,008 | 65,340 | $784 | $1.57M | 43 | 70 |
| 272 Memphis Belle Way | San Luis Obispo | 2026 | 4 | 3 | 2,066 | 3,891 | $522 | $1.08M | 13 | 68 |
| Total: 5 · Average | 4.4 | 3.0 | 2,186.8 | 18,346.6 | $651 | $1.42M | 86.8 | |||
| Median | 2,180 | $1.50M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1879 San Luis Drive | San Luis Obispo | 1950 | 09/15/2026 | 4 | 2 | 2,200 | 7,500 | $1.79M | $1.68M | $761 | 0.93 | 42 | 90 |
| 1462 Laurel Lane | San Luis Obispo | 1959 | 05/29/2026 | 5 | 2 | 1,841 | 7,500 | $1.18M | $1.19M | $646 | 1.01 | 49 | 84 |
| 1160 Buchon | San Luis Obispo | 1910 | 07/09/2026 | 4 | 2 | 2,403 | 7,112 | $1.35M | $1.32M | $550 | 0.98 | 35 | 76 |
| 1389 Sawleaf Court | San Luis Obispo | 1989 | 06/03/2026 | 4 | 3 | 2,121 | 8,150 | $1.43M | $1.42M | $669 | 0.99 | 51 | 75 |
| 94 Palomar Avenue | San Luis Obispo | 1979 | 06/26/2026 | 4 | 3 | 2,052 | 6,000 | $1.38M | $1.61M | $785 | 1.17 | 28 | 74 |
| Total: 5 · Average | 4.2 | 2.4 | 2,123.4 | 7,252.4 | $1.44M | $1.44M | $682.2 | — | 41 | ||||
| Median | 2,121 | $1.42M | $1.42M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.