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577 Princeton Pl, San Luis Obispo, CA, 93405

5beds
2baths
2,168sqft
$1,350,000
$623price/sqft
$8,737/moest. monthly cost
$349,480/yrincome needed

About This Home

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.

Getting Around

42
WalkingCar-Dependent
32
TransitSome Transit
72
BikeVery Bikeable

Schools

9/10
Laguna Middle SchoolGrades 7-82.7 mi
10/10

Construction

Condition

  • Property condition: Repairs Cosmetic
  • Year built: 1958

Materials

  • Foundation: Slab
  • Roof: Asphalt,Composition,Shingle
  • Construction materials: Stucco,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Range Hood,Water Heater,Dryer,Washer
  • Laundry features: Washer Hookup,Gas Dryer Hookup

Bathroom

  • Features: Bathtub,Separate Shower,Tub Shower

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 5

Features

  • Breakfast Bar,Eat-in Kitchen,Laminate Counters,Open Floorplan,All Bedrooms Down,Bedroom on Main Level,Galley Kitchen,Main Level Primary,Primary Suite
  • Flooring: Laminate
  • Fireplace features: Living Room,Masonry
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,168 sqft

Kitchen

  • Features: Galley Kitchen

Kitchen

  • Features: Laminate Counters,Utility Sink

Master Bedroom

  • Features: Primary Suite

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 052451011
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Concrete,Open,Patio
  • Exterior features: Rain Gutters
  • Spa features: None
  • Fencing: Chain Link,Wood
  • Has view: Yes
  • View description: Creek/Stream
  • Has water view: Yes
  • Water view: Creek/Stream
  • Waterfront features: Creek

Lot

  • Lot size: 8,400 sqft
  • Features: 2-5 Units/Acre,Cul-De-Sac,Irregular Lot,Level,Street Level

Parking

  • Parking features: Concrete

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

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
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 $6,826$81,912
Home Insurance *$197$2,364
Property Taxes $1,250$15,000
Electricity $464$5,578
Total$8,737$104,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$299,554/yr
40% on housing$262,110/yr
45% on housing$232,986/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

$623This listing

vs Other Active Listings

Avg $/sqft

ZIP 93405$596
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
2026-08-14Price change$1,325,000
2026-08-03Listed for sale$1,350,000
2026-07-10Listing removed$5,000
2026-06-05Price change$5,000
2026-06-02Price change$5,500
2026-05-14Price change$6,900
2026-04-03Price change$7,500
2026-02-27Price change$7,800
2026-02-20Listed for rent$8,000
2021-02-20Listing removed--
2021-02-02Listed for rent$5,250
2020-03-03Listing removed$5,250
2020-01-31Listed for rent$5,250
2018-05-02Listing removed$5,000
2018-03-30Listed for rent$5,000

For Sale by Agent

AgentLeon Van Beurden
BrokerageBay Osos Brokers

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