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3003 Arezzo Dr, San Luis Obispo, CA, 93401

3beds
3baths
1,741sqft
$1,340,000
$770price/sqft
$8,576/moest. monthly cost
$343,040/yrincome needed

About This Home

Tucked away in the desirable Toscano community, this beautifully maintained home offers a peaceful, private setting set back from the street with its own driveway leading up the hill. Its elevated position creates a sense of separation from neighboring homes, making it feel quiet and tucked away while still part of a vibrant neighborhood. Built in 2022, the home features 3 bedrooms and 2.5 bathrooms across approximately 1,741 square feet of living space. High ceilings and an open layout create a bright, airy feel throughout the main living areas. The kitchen is equipped with LG appliances and flows seamlessly into the dining and living spaces, where a cozy gas fireplace adds warmth and charm. Upstairs, the bedrooms offer comfortable, functional living, including a spacious primary suite. The home has been meticulously cared for and shows true pride of ownership. The property sits on a 7,002 square foot lot, with a backyard that includes a selection of fruit trees and vegetable plants, offering a great starting point for a garden or outdoor retreat. A two-car garage provides added convenience and storage. The home backs to a natural mountainside, providing a quiet, scenic backdrop with no homes directly behind. Located in one of San Luis Obispo’s newer communities, Toscano is known for its scenic hillside setting and close proximity to trails, shopping, and downtown, making it easy to enjoy the Central Coast lifestyle.

Getting Around

43
WalkingCar-Dependent
27
TransitSome Transit
60
BikeBikeable

Schools

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

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2022

Materials

  • Roof: Clay,Tile

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Tankless Water Heater
  • Laundry features: Washer Hookup,Gas Dryer Hookup,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Enclosed Toilet,Separate Shower

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,All Bedrooms Up
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Vinyl
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,741 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island,Kitchen/Family Room Combo

Property

Details

  • Parcel number: 053026007
  • Special condition: Standard
  • Exclusions: Washer,Dryer,Ring Camera

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Off Driveway
  • Pool features: None
  • Exterior features: Rain Gutters,Brick Driveway
  • Has view: Yes
  • View description: Park/Greenbelt,Mountain(s),Neighborhood

Lot

  • Lot size: 7,002 sqft
  • Features: Sloped Up

Parking

  • Total spaces: 2
  • Parking features: Driveway Up Slope From Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $6,775$81,300
Home Insurance *$175$2,100
Property Taxes $1,228$14,736
Electricity $398$4,786
Total$8,576$102,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,034/yr
40% on housing$257,280/yr
45% on housing$228,693/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

$770This listing

vs Other Active Listings

Avg $/sqft

ZIP 93401$852
San Luis Obispo County$559

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
2026-04-26Price change$1,380,000
2026-04-01Listed for sale$1,400,000
2022-05-31Sold$874,000
2021-08-24Listing removed--
2021-08-07Listed for sale$874,000

For Sale by Agent

AgentDesiree Burgess
BrokerageRedfin Corporation

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