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262 Loma Bonita Dr #32, San Luis Obispo, CA, 93401

2beds
2baths
984sqft
$695,000
$706price/sqft
$4,372/moest. monthly cost
$174,880/yrincome needed

About This Home

Perched in the sought after Villa Fontana community, this San Luis Obispo residence offers a rare blend of tranquility, views, and convenience. The private rear deck opens up to sweeping hillside vistas an ideal setting for morning coffee or unwinding at sunset as the Central Coast shows off its natural beauty. Inside, the home features a comfortable and functional layout designed for easy living. Just minutes from downtown San Luis Obispo, you’re perfectly positioned to enjoy top restaurants, boutique shopping, and the vibrant local lifestyle, while also being near the rapidly expanding San Luis Ranch adding long-term appeal and value. Whether you’re searching for a stylish starter home or a smart investment opportunity near Cal Poly, this property captures the best of both worlds: lifestyle and location.

Getting Around

50
WalkingSomewhat Walkable
27
TransitSome Transit
68
BikeBikeable

Schools

6/10
9/10
Laguna Middle SchoolGrades 7-81.8 mi
10/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1981

Materials

  • Foundation: Pillar/Post/Pier,Raised
  • Roof: Shingle
  • Construction materials: Drywall,Glass,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Built-In Range,Dishwasher,Gas Oven,Gas Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Water To Refrigerator,Washer
  • Laundry features: Washer Hookup,Gas Dryer Hookup,Laundry Closet

Bathroom

  • Features: Bathroom Exhaust Fan,Bathtub,Full Bath on Main Level,Multiple Shower Heads,Separate Shower,Tub Shower,Walk-In Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Separate/Formal Dining Room,Living Room Deck Attached,Open Floorplan,Pantry,Pull Down Attic Stairs,Recessed Lighting,Bedroom on Main Level,Main Level Primary,Primary Suite,Walk-In Closet(s)
  • Door features: French Doors
  • Window features: Drapes,Screens
  • Flooring: Tile,Wood
  • Fireplace features: None
  • 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: 984 sqft

Kitchen

  • Features: Kitchen/Family Room Combo,Pots & Pan Drawers

Master Bedroom

  • Features: Primary Suite

Master Bedroom

  • Features: Main Level Primary

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: No Stairs,Parking,Accessible Doors

Details

  • Parcel number: 053023032
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Rear Porch,Deck,Open,Patio,Wrap Around
  • Exterior features: Rain Gutters
  • Spa features: None
  • Has view: Yes
  • View description: City Lights,Hills,Mountain(s),Panoramic

Lot

  • Lot size: 871 sqft
  • Features: 0-1 Unit/Acre,Back Yard,Drip Irrigation/Bubblers,Lawn,Landscaped,Near Park,Near Public Transit,Paved,Sloped Up

Parking

  • Total spaces: 6
  • Parking features: Attached Carport,Covered,Carport,Driveway,Driveway Up Slope From Street,On Site,Off Street,Paved
  • Covered spaces: 3
  • Uncovered spaces: 3
  • Carport: Yes
  • Carport spaces: 3

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 $3,514$42,168
Home Insurance *$90$1,080
Property Taxes $370$4,440
Electricity $398$4,786
Total$4,372$52,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,897/yr
40% on housing$131,160/yr
45% on housing$116,586/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

$706This listing

vs Other Active Listings

Avg $/sqft

ZIP 93401$861
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93401$660
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
2026-04-21Listed for sale$710,000
2022-10-07Sold$580,000
2022-09-07Pending sale$595,000
2022-08-31Listed for sale$595,000
2022-08-08Pending sale$595,000
2022-07-25Listed for sale$595,000

For Sale by Agent

AgentJordan Jackson
BrokerageKeller Williams Realty Santa Barbara

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