Date
Details
Price
Change
Source
2/10/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,195,000
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Property Description
Tucked away on a quiet street in the Laguna Lake area, this nicely maintained property offers exceptional flexibility and value on a 6,000 sq. ft. lot. The main residence features 4 bedrooms and 2 bathrooms, complemented by a brand-new 2-bedroom, 1-bath attached ADU with its own private entrance-ideal for investors, extended family living, or rental income. The main home has been thoughtfully updated with newer windows, vinyl plank flooring throughout much of the house, and a refreshed bathroom featuring a new shower and vanity. Many major systems have also been improved, including a newer roof, a furnace upgrade, and extensive foundation shoring completed by Foundation Solutions, providing peace of mind for years to come. The kitchen and living room are generously sized and functional, while all four bedrooms offer comfortable proportions. The newly constructed garage-conversion ADU is stylish and turnkey, boasting a full kitchen with quartz countertops, stylish tile backsplash, and stainless steel appliances. The modern bathroom features a subway tile shower with a frameless glass enclosure, and vinyl plank flooring runs throughout the unit. Outside, enjoy a large driveway with ample parking and a peaceful backyard complete with a deck platform and storage shed-perfect for relaxing or entertaining. Whether you're looking for a strong investment opportunity, a perfect setup for Cal Poly students, or a home with private guest quarters, this versatile Laguna Lake property truly checks all the boxes.
Full Property Details
Full Property Details for 1481 Balboa
General
- Price: $1,195,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SC26030333
- Updated: 2/15/2026
- Days on Market: 9 days
- Added to Site: 10 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom
- Interior Features: In-Law Floorplan, Pantry
- Fireplace: Yes
- Fireplace(s): Gas, Wood Burning
- Eating Areas: Area
- Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Deck
Parking
- Parking: Driveway
Location
- County: San Luis Obispo
- Subdivision: San Luis Obispo(380)
- Driving Directions: Turn onto Oceanaire from Madonna; left on Atascadero, right on Gulf, left on Coral, right on Balboa, home is on the left
School Information
- School District: San Luis Coastal Unified
- High School: SALUOB
Community
- Community Features: Sidewalks, Storm Drains, Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Entry Location: Front door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,817
- Sq. Ft. Source: Assessor
- Year Built: 1963
- Year Built Source: Assessor
- Property Condition: Turnkey
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Assessor
- Lot Description: Back Yard, Front Yard, Garden, Landscaped, Level
Financial Considerations
- Price Per Sq. Ft.: $657.68
Disclosures and Reports
- Special Conditions: Standard
Listed by The Avenue Central Coast Realty, Inc., Jed Damschroder
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1481 Balboa —
Jed Damschroder
The Avenue Central Coast Realty, Inc.
805-550-7960
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1481 Balboa
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Smith (C. L.) Elementary School 1375 Balboa Street, San Luis Obispo, CA 93405 | K-6 | 0.1 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 0.6 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1481 Balboa
Tax History
Tax History for 1481 Balboa
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,614
1019%
$879,240
919%
2023
$859
—
$86,309
2%
2023
$859
7%
$84,617
2%
2022
$804
2%
$82,959
2%
2021
$790
1%
$81,333
1%
2020
$781
1%
$80,500
2%
2019
$771
2%
$78,922
2%
2018
$755
2%
$77,375
2%
2017
$738
2%
$75,859
2%
2016
$722
2%
$74,373
2%
2015
$710
9%
$73,257
2%
2014
$651
—
$71,823
—
2013
$648
—
$71,499
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1481 Balboa
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- Single Family
- Active
- Updated 8 hours ago
- 5Beds
- 2Total Baths
- 1,666Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,273Sq. Ft.
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- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 4Total Baths
- 3,102Sq. Ft.
- Commercial Lease
- Active
- Updated 2 days ago
- 2,718Sq. Ft.
- 0.93Acres
- Commercial Lease
- Active
- Updated 2 days ago
- 310Sq. Ft.
- 0.93Acres
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- Commercial Lease
- Active
- Updated 2 days ago
- 2,718Sq. Ft.
- 0.93Acres
- Single Family
- Active
- Updated 6 hours ago
- 4Beds
- 4Total Baths
- 2,602Sq. Ft.
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1481 Balboa, San Luis Obispo, CA 93405 (MLS# SC26030333) is a Single Family property with 6 bedrooms and 3 full bathrooms. 1481 Balboa is currently listed for $1,195,000 and was received on February 10, 2026. Want to learn more about 1481 Balboa? Do you have questions about finding other Single Family real estate for sale in San Luis Obispo? You can browse all San Luis Obispo real estate or contact a Coldwell Banker agent to request more information.