San Luis Obispo Homes under $800,000

San Luis Obispo Homes under $800,000

Welcome to San Luis Obispo, California – a charming city nestled in the heart of the Central Coast. Known for its picturesque landscapes, vibrant downtown, and rich cultural heritage, San Luis Obispo (often affectionately called SLO) is a place where the beauty of nature meets the warmth of a close-knit community. Surrounded by rolling hills and vineyards, this city offers a perfect blend of outdoor adventures and urban convenience, making it an ideal location for families, professionals, and retirees alike.

San Luis Obispo is famous for its historic Mission San Luis Obispo de Tolosa, lively farmer’s markets, and the iconic Hearst Castle just a short drive away. The city is also home to California Polytechnic State University, which injects a youthful energy into the local culture. With stunning parks, hiking trails, and beautiful beaches just a stone's throw away, residents enjoy a lifestyle that embraces both relaxation and activity.

For those looking to invest in this beautiful region, you’ll be pleased to discover that homes under $800,000 are available, providing a wonderful opportunity to join this vibrant community. Whether you’re searching for a cozy bungalow, a charming cottage, or a modern townhouse, there’s something for everyone. With a strong sense of community, excellent schools, and an abundance of amenities, San Luis Obispo is not just a place to live; it’s a place to thrive. Come explore the possibilities and make SLO your home today!

Newest San Luis Obispo Homes under $800,000

3860 S Higuera Street Unit 124, San Luis Obispo
$375,000
3 Beds ⋅ 2 Baths ⋅ PI26228505 MLS ⋅ Active Status
Built in 2018 and cherished by its original owner, this well-maintained home offers modern comfort, low wear-and-tear, and an inviting sense of care throughout. Location convenience to SLO’s Public Market and Trader Joe’s, with quick access to freeway entrances, 10 minutes to downtown, major retail, and just 15 minutes to the beach. Cal Poly University is also nearby, making this an exceptional Central Coast location. Inside, the home features natural light, an open-concept living area, and a kitchen designed for those who love to cook. The oversized Corian top island with custom cabinetry seats up to four and anchors the space beautifully. A walk-in pantry is conveniently tucked behind the laundry room door, offering abundant storage. Ceiling fans in every room. The living room showcases a step-up inverted ceiling and a peaceful view of the quaint outdoor yard, softly lit in the evenings by solar strand lights. Down the hall are three bedrooms and two bathrooms, plus a hall closet. One bedroom features a custom hand-painted sunray accent wall, walk in closet and glow in the dark star gaze, while the primary suite mirrors the inverted ceiling detail, includes a walk-in closet, and offers a spacious bathroom. Outside, enjoy a gated yard, covered deck, grassy area with a lemon tree, an outdoor walk-in shed, and additional weather-resistant storage—perfect for gardening, hobbies, or seasonal items. This low maintenance home is ideal as a primary residence or second home. Park approval is required.

3860 S Higuera Street Unit 124, San Luis Obispo
11295 Los Osos Valley Unit 5, San Luis Obispo
$565,000
2 Beds ⋅ 2 Baths ⋅ SC26227106 MLS ⋅ Active Status
Welcome to Cedarwood, a well-maintained condo community in a desirable San Luis Obispo location. Conveniently situated near parks, Laguna Lake Golf Course, hiking trails, shopping, commercial services, and schools, this beautifully updated, move-in-ready condo offers comfort, convenience, and an appealing lifestyle. Condo #5 features 2 bedrooms and 1.5 bathrooms, with modern updates throughout. The stylish kitchen boasts soft-close cabinetry, granite countertops, modern appliances, and a stainless-steel sink. Tasteful luxury vinyl plank flooring and recessed LED lighting enhance the home’s clean, contemporary feel. The main living level offers a convenient half bath and dining area just off the kitchen, flowing seamlessly into the living room. A sliding glass door opens to a private balcony, creating a welcoming space to relax and enjoy the outdoors. Upstairs, you’ll find two bedrooms and a full bathroom. The spacious primary suite features a walk-in closet, providing excellent storage and functionality. Additional living space awaits on the lower level, where the single-car garage includes laundry and a versatile bonus room—ideal for a home office, workout room, hobby space, or private retreat. Recent community improvements add even more value, including a new roof installed in 2025 and fresh exterior paint completed in 2026. With its modern updates, flexible living space, and convenient location, Cedarwood and condo #5 offers a wonderful opportunity to enjoy comfortable, low-maintenance living in a great location. Move in and make yourself at home.

11295 Los Osos Valley Unit 5, San Luis Obispo
2046 King, San Luis Obispo
$595,000
1 Beds ⋅ 1 Baths ⋅ SC26227427 MLS ⋅ Active Status
FIXER-UPPER – GREAT INVESTMENT OPPORTUNITY! Attention investors, contractors, and builders! This property is a total fixer-upper with tremendous potential for the right buyer. Situated on a 50' x 100' lot (5,000 sq. ft.), the property is zoned R-2, offering potential development opportunities, subject to city approval and zoning requirements. The existing home is in need of extensive repairs and renovations. Bring your vision and creativity to transform this property! PROPERTY IS BEING SOLD STRICTLY AS IS, IN ITS PRESENT CONDITION. Seller will make no repairs.

2046 King, San Luis Obispo
1106 Oceanaire Dr. Unit 45, San Luis Obispo
$749,000
3 Beds ⋅ 3 Baths ⋅ SC26226199 MLS ⋅ Active Status
Welcome to 1106 Oceanaire Drive #45, a thoughtfully updated townhome in San Luis Obispo's desirable Windermere community. 3 bed, 2.5 bath, 1768 sq ft. The work is already done here, so you can simply unpack and enjoy. The main living area centers on a cozy fireplace and opens to a private patio, a great spot for morning coffee or relaxing in the evening. Upstairs, new 20 mil commercial-grade luxury vinyl flooring runs seamlessly across the entire level, paired with freshly painted guest bedrooms. Ceilings have been repainted, and every bulb has been upgraded to energy-efficient LED. In the kitchen, the dated lightbox was replaced with clean, modern recessed lighting, and a new ceiling fan keeps the dining area comfortable. Tile throughout was professionally polished and resealed by Sir Grout. Bathtubs and upstairs sinks have been resealed, and the guest bath has a new faucet. The sliding doors were repaired and fitted with new screens, HVAC filters were replaced, and the washer and dryer were cleaned and serviced. Close to Laguna Lake Park, shopping, downtown, and Cal Poly, this home offers easy SLO living with peace of mind built in.

1106 Oceanaire Dr. Unit 45, San Luis Obispo
3280 Rockview Place, San Luis Obispo
$735,000
3 Beds ⋅ 1 Baths ⋅ SC26223904 MLS ⋅ Active Status
An exciting opportunity to acquire a sizable infill parcel in San Luis Obispo with potential for future redevelopment. Zoned R-2, this property offers possibilities for investors, builders, and developers seeking land in an established residential area. The existing residence dates to approximately the 1920s, with the primary value in the land. The underlying zoning may provide flexibility for future parcel division or redevelopment, subject to City requirements and approval. Potential development may require additional site improvements and infrastructure. Buyers are encouraged to independently verify zoning, permitted uses, parcel division potential, and development feasibility with the City of San Luis Obispo. Conveniently located near neighborhood shopping, grocery stores, restaurants, parks, and other everyday amenities, the property also offers access to downtown San Luis Obispo, Cal Poly, and major local routes. Enjoy the appeal of an established neighborhood with convenient connections to employment, education, recreation, and the broader Central Coast lifestyle.

3280 Rockview Place, San Luis Obispo
1037 Tiburon Way, San Luis Obispo
$775,000
3 Beds ⋅ 3 Baths ⋅ PI26221279 MLS ⋅ Active Status
Welcome to Righetti Ranch, where modern farmhouse design meets the relaxed Central Coast lifestyle. Located in one of San Luis Obispo's most sought-after communities, this beautifully appointed 3-bedroom, 2.5-bath townhome offers stylish, low-maintenance living with an open-concept floor plan designed for everyday comfort and effortless entertaining. The light-filled kitchen features quartz countertops and flows seamlessly into the dining and living areas, creating an inviting space to gather with family and friends. Throughout the home, you'll appreciate the durability and contemporary appeal of hard-surface flooring, with luxury vinyl plank flooring throughout the main living areas and bedrooms, complemented by tile flooring in the bathrooms and laundry room, offering both style and easy maintenance with no carpet. Upstairs, the spacious primary suite features a large walk-in closet and a spa-inspired ensuite, while two additional bedrooms, a full bath with dual vanities, and a conveniently located laundry room complete the second level. Enjoy everything Righetti Ranch has to offer, including scenic hiking and biking trails, open space, rolling hillside views, and a future community park just moments away. Conveniently located near downtown San Luis Obispo, Cal Poly, shopping, restaurants, Edna Valley wineries, top-rated schools, and the San Luis Obispo Regional Airport, this exceptional Righetti Ranch home offers the very best of Central Coast living.

1037 Tiburon Way, San Luis Obispo
1716 Carolyn Drive Unit 106, San Luis Obispo
$375,000
2 Beds ⋅ 2 Baths ⋅ SC26220787 MLS ⋅ Active Status
Welcome to a Peacefull, Serene Home! This beautiful home has had an extensive renovation done to the interior. It features an open concept living room, dining area, and kitchen. The kitchen has a very large island with upgraded appliances. This living space is perfect for entertaining. The home has lots of windows that let light in. The bathrooms are also beautiful. Each bathroom has been upgraded with bright and light colors painted on the walls. The home is a short distance from the community center that features a large kitchen, a large meeting space, a private gym, a pool table room. There is also a second community room that has a kitchen and large room for private events. This home is ready for a new owner and priced to sell at $375,000.

1716 Carolyn Drive Unit 106, San Luis Obispo
1778 Vicente, San Luis Obispo
$799,000
3 Beds ⋅ 2 Baths ⋅ SC26219125 MLS ⋅ Active Status
Wonderful opportunity in one of San Luis Obispo's most convenient locations near schools, shopping and hiking trails. This single-level home offers 3 bedrooms and 1.5 bathrooms with fresh interior paint, vinly plank flooring and dual pane windows. The spacious backyard is a blank canvas anchored by a mature walnut tree, with room to garden, entertain, or explore future home expansion or ADU potential (buyer to verify). Ideally located near major shopping centers and just a short stroll to the popular SLO Ranch Farms Marketplace with its farm-to-table market, eateries, and shops. Enjoy quick access to Highway 101, an easy trip to Cal Poly, and close proximity to Laguna Lake. A fantastic opportunity for first-time buyers, investors, or anyone looking to personalize a home in a prime location.

1778 Vicente, San Luis Obispo
1106 Oceanaire Unit 1, San Luis Obispo
$649,000
2 Beds ⋅ 2 Baths ⋅ SC26214740 MLS ⋅ Active Status
Light-Filled End Unit with Soaring Ceilings, Fireplace & Private Patio in Windermere Step inside this distinctive 2-bedroom, 2-bath Windermere condo and discover a home that feels anything but ordinary. Soaring ceilings, abundant windows and an open multi-level design create an impressive sense of space, while the living room fireplace provides a warm focal point at the heart of the home. The adjoining dining area is filled with natural light and features a charming bay window seat and French doors opening to the private patio—an inviting extension of the living space for morning coffee, outdoor dining or relaxing in the Central Coast sunshine. The kitchen connects easily to the dining area with additional seating at the breakfast bar. The thoughtful multi-level floor plan places the bedrooms on separate levels, offering welcome flexibility and privacy for guests, a home office or everyday living. The upper bedroom feels especially spacious with vaulted ceilings, abundant natural light and generous closet space. Additional highlights include indoor laundry, a detached garage and the privacy of an end-unit location. Conveniently situated near Laguna Lake Park, hiking and biking trails, shopping, dining and downtown San Luis Obispo, this home combines architectural character, outdoor space and everyday convenience in one of SLO’s established residential communities. Come experience the space, light and character of 1106 Oceanaire Drive #1.

1106 Oceanaire Unit 1, San Luis Obispo
261 Via La Paz, San Luis Obispo
$739,000
2 Beds ⋅ 3 Baths ⋅ NS26214732 MLS ⋅ Active Status
OPEN Saturday, October 24th from 1:00 - 3:00. Welcome to Margarita Villas! A great Planned Unit Development community with pool, spa and pathways. This particular home has been originally owned since 1988. Home has been lovingly cared for throughout the years. The living room is roomy with south facing windows for natural light, high vaulted ceilings and with a cozy fireplace. The dining room is located just off the kitchen and the sliding glass doors lead to a private patio area. The kitchen has newer tile floors and the stainless applicances will be included. Upstairs you will find 2 primary suites with their own private baths. A must see.

261 Via La Paz, San Luis Obispo
1185 E Foothill Unit 30, San Luis Obispo
$699,000
2 Beds ⋅ 2 Baths ⋅ NS26210074 MLS ⋅ Active Status
Just one block from Cal Poly!! * New carpet/ paint/ blinds ** ~~ Pictures in MLS are staged, BUT property is currently occupied ~~ First-floor bedroom opens to a private patio. Main level includes second bedroom, full bathroom, kitchen, and living area with balcony access. Tandem two-car carport with built-in storage plus an additional parking permit. Sought-after location near Cal Poly with strong, consistent rental demand and long-term investment appeal with proven income-generating potential. Rarely available this close to campus in a prime Pine Creek location. Currently leased through July 10, 2027.

1185 E Foothill Unit 30, San Luis Obispo
1214 Southwood, San Luis Obispo
$799,000
2 Beds ⋅ 2 Baths ⋅ SC26204763 MLS ⋅ Active Status
This modern, eco-friendly three-story home is full of thoughtful design. The entry level offers flexibility and convenience, with a light-filled bedroom and full bathroom. Just beyond, the private, fully fenced backyard is a true standout: a generous, usable outdoor space perfect for entertaining, gardening, or simply unwinding outside. The home includes a fully integrated, owned, rooftop solar panel system. The two-car garage features a professionally installed Level 2 electric vehicle charging station — a rare, move-in-ready perk for EV owners. The main level is the heart of the home, opening seamlessly into living, dining, and kitchen spaces that flow out to a spacious south-facing deck. The kitchen shines with maple cabinetry, granite countertops, and abundant storage — built for both everyday living and entertaining. Throughout, architectural details stand out: exposed wood beams, vaulted ceilings, rich Birchwood floors, and windows placed to capture natural light and views. The top-level primary suite is a private retreat of its own, featuring a sitting area, office nook, en-suite full bath, and its own south-facing deck with sweeping views of the hills and neighborhood.

1214 Southwood, San Luis Obispo
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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