Primary listing photo
Listing photo 2

292 Memphis Belle Way, San Luis Obispo, CA, 93401

2beds
1baths
819sqft
$774,990
$946price/sqft
$4,830/moest. monthly cost
$193,200/yrincome needed

About This Home

Welcome to the Islay Plan 5 site 324 at Avila Ranch, a charming single-story home offering an inviting open floor plan designed for comfortable everyday living. The welcoming entry flows into a bright, spacious living room ideal for relaxing or entertaining. The adjacent kitchen features modern appliances and convenient access to the porch—perfect for outdoor dining or enjoying the fresh air. Down the hall, the private owner’s suite provides a peaceful retreat alongside a full bathroom, while the secondary bedroom offers flexible space for guests, a home office, or hobbies. Thoughtfully designed with both style and functionality in mind, this home is a wonderful opportunity to enjoy modern living in a well-planned community. 1 Car garage plus extra parking pad. Estimate finish date of Oct-Nov 2026

Getting Around

29
WalkingCar-Dependent
20
TransitMinimal Transit
50
BikeBikeable

Schools

7/10
9/10
Laguna Middle SchoolGrades 7-82.3 mi
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Concrete

Other

  • Builder name: Trumark Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater
  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Combination,ENERGY STAR Qualified Equipment
  • Cooling features: Dual,ENERGY STAR Qualified Equipment

Interior Area

  • Total interior livable area: 819 sqft

Property

Details

  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 2,747 sqft
  • Features: 16-20 Units/Acre

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered 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
  • 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 $3,918$47,016
Home Insurance *$101$1,212
Property Taxes $413$4,956
Electricity $398$4,786
Total$4,830$57,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,600/yr
40% on housing$144,900/yr
45% on housing$128,800/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

$946This listing

vs Other Active Listings

Avg $/sqft

ZIP 93401$860
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
2026-03-07Listed for sale$774,990

New Construction Spec

AgentEric Silva
BrokerageTrumark Construction Services, Inc

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