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

3816 Hatchery Ln #1, San Luis Obispo, CA, 93401

3beds
3baths
1,673sqft
$925,000
$553price/sqft
$6,049/moest. monthly cost
$241,960/yrincome needed

About This Home

Stunning, Like-New Home in the Highly Desirable Iron and Oak at Righetti Ranch. Welcome to this beautifully maintained, like-new home in the coveted Iron and Oak community of Righetti Ranch. Ideally positioned overlooking a serene green space, this spacious 3-bedroom, 2.5-bathroom residence offers the perfect blend of style, comfort and functionality. Step inside to an inviting open-concept living area featuring durable and stylish vinyl plank flooring throughout the downstairs. The well-appointed kitchen is complete with a large island with bar seating, gleaming quartz countertops, solid wood soft-close cabinetry, glass pantry and stainless-steel appliances—perfect for entertaining or everyday living. Upstairs, retreat to the expansive primary suite with views of the surrounding mountains, which boasts a large walk-in closet and a luxurious en-suite bathroom with dual vanities, frameless shower door and designer tile. Two additional generously sized bedrooms share a modern hall bathroom with quartz countertops and dual vanities. Additional features include a spacious laundry room with cabinetry, two-car garage equipped with an electric car charger, owned solar panels for energy efficiency, and a charming front patio perfect for barbecues or simply relaxing while taking in the peaceful park-like setting. Located in one of San Luis Obispo’s most sought-after communities, this home is close to a future park, scenic hiking and biking trails, excellent schools, shopping, and downtown SLO. Enjoy the tranquility of Righetti Ranch without sacrificing convenience. Don’t miss this rare opportunity to own a home that combines thoughtful design, sustainable living, and an unbeatable location!

Getting Around

27
WalkingCar-Dependent
22
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

7/10
9/10
Laguna Middle SchoolGrades 7-83.4 mi
10/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Composition,Metal

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator
  • Laundry features: Laundry Room

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,Ceiling Fan(s),Separate/Formal Dining Room,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,All Bedrooms Up,Primary Suite,Walk-In Closet(s)
  • Window features: Custom Covering(s),Double Pane Windows
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,673 sqft

Kitchen

  • Features: Built-in Trash/Recycling,Kitchen Island,Pots & Pan Drawers,Quartz Counters,Self-closing Cabinet Doors

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 004709041
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: front door
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Hills,Mountain(s),Neighborhood

Lot

  • Lot size: 1,632 sqft
  • Features: Drip Irrigation/Bubblers,Level

Parking

  • Total spaces: 2
  • Parking features: Garage
  • 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
  • Drought
    DroughtRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Inland Flooding
Drought
Earthquake
Landslide
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 $4,677$56,124
Home Insurance *$121$1,452
Property Taxes $853$10,236
Electricity $398$4,786
Total$6,049$72,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,394/yr
40% on housing$181,470/yr
45% on housing$161,306/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

$553This listing

vs Other Active Listings

Avg $/sqft

ZIP 93401$858
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
2026-04-24Listed for rent$4,500
2026-04-08Price change$955,000
2026-03-12Listing removed$4,650
2026-02-25Listed for rent$4,650
2026-01-16Listed for sale$950,000
2025-10-08Sold$915,000
2025-09-15Pending sale$929,000
2025-08-23Contingent$929,000
2025-08-14Listed for sale$929,000
2025-08-02Contingent$929,000
2025-07-31Listed for sale$929,000

For Sale by Agent

AgentZach Wilson
BrokerageChristie's International Real Estate Sereno

Similar Homes