Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1176 Oceanaire Dr, San Luis Obispo, CA, 93405

2beds
2baths
1,188sqft
$549,900
$463price/sqft
$3,770/moest. monthly cost
$150,800/yrincome needed

About This Home

Welcome to 1176 Oceanaire Drive — a charming home nestled in one of San Luis Obispo's most beloved neighborhoods. This 2-bedroom, 2-bathroom residence offers comfortable living in a peaceful planned community setting, blending classic Central Coast character with everyday convenience. Conveniently located with easy access to Los Osos Valley Road, nearby parks, and some of the Central Coast's best hiking trails, this home is a great fit for those who enjoy spending time outdoors. Whether you're a first-time buyer or someone looking to downsize without compromise, this property checks all the boxes. Step inside to discover brand new flooring that gives the home a fresh, modern feel throughout. The thoughtful floor plan offers a welcoming living area, a functional kitchen, and two comfortable bedrooms. When it's time to relax, step out to your own private patio — a lovely spot for morning coffee or al fresco dining. Residents also enjoy access to a resort-style pool, perfect for warm afternoons, all within a well-maintained neighborhood that exudes pride of ownership. From weekend hikes to evenings out in downtown SLO, this location puts it all within easy reach. Local restaurants and charming shops are just minutes away, making this a home that truly fits the Central Coast lifestyle.

Getting Around

67
WalkingSomewhat Walkable
30
TransitSome Transit
79
BikeVery Bikeable

Schools

9/10
Laguna Middle SchoolGrades 7-80.2 mi
10/10

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Slab

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Primary Suite
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,188 sqft

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 004311002
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: Community,Association
  • Spa features: None
  • Has view: Yes
  • View description: Hills

Lot

  • Lot size: 1,188 sqft

Parking

  • Total spaces: 1
  • Parking features: Assigned
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Wildfire

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,780$33,360
Home Insurance *$80$960
Property Taxes $512$6,144
Electricity $398$4,786
Total$3,770$45,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,257/yr
40% on housing$113,100/yr
45% on housing$100,533/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$463This listing

vs Other Active Listings

Avg $/sqft

ZIP 93405$611
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93405$632
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Contingent$549,900
2026-07-29Price change$549,900
2026-06-26Listed for sale$574,900
2020-06-10Listing removed$2,000
2020-06-06Listed for rent$2,000

For Sale by Agent

AgentHal Sweasey
BrokerageEquity Union

Similar Homes