tomo logo

$1,300,000

Beds
3
Baths
3.0
sq ft
1,979

505 Bluerock Dr, San Luis Obispo, CA 93401

505 Bluerock Dr

San Luis Obispo, CA 93401

  • 10 days on market
Welcome to Bluerock Drive, located in the highly desired Stoneridge neighborhood. This beautiful Mediterranean-style home is situated on one of the few prized lots, backing up to open space ensuring ultimate privacy with local trails just steps away. Moroccan lighting is featured throughout the home with many other modern updates, including the kitchen, which has leathered granite countertops, a stylish tile backsplash, and a beautiful Italian stove. The dining area overlooks the picturesque views while providing the perfect setup for entertainment. The living room is spacious, featuring a gas fireplace, hardwood floors, and glass doors that lead to front and back yard balconies, patios highlighting the natural rock terrain, and low-maintenance landscaping.Each level features a private bedroom, two of which have their own full en-suite bathroom including the primary bath which has art deco tile, a free-standing tub, and a separate walk-in shower. The primary bedroom has a spacious rooftop deck with sweeping views of the San Luis Obispo city lights and hills. The location makes it just a short walk to many restaurants, close by coffee shops, and just steps away from Stoneridge Park. This home has a long, list of amenities…. Come see for yourself, this one is worth seeing in person.

Details

Property type

Single Family Residence

Est. home value

$1,272,460

Lot size

4,381 sq ft

Price per sq ft

$657

Year built

2001

Monthly HOA fee

$45

Price History

03/27/2025
CRMLS

CRMLS #SC25065240

Listed
$1,300,000
+4%
01/05/2024
CRMLS

CRMLS #SC23188580

Sold
$1,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Sidewalks

High school district: 

San Luis Coastal Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rabobank Na

Loan start date

April 2009

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

5.15%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

David C Stewart and Mark A Padgett

Lender

Ampro Mortgage Corp

Loan start date

July 2005

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

5.65%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

David C Stewart and Mark A Padgett

Lender

Pacific Republic Mortgage Corp

Loan start date

July 2003

Original loan amount

$299,400

Est. remaining balance

$133,773

Interest rate

5.26%

Loan type

Not Provided, 30 year

Seller

David C Stewart and Mark A Padgett

Lender

Heritage Oaks Bank

Loan start date

October 2002

Original loan amount

$300,700

Est. remaining balance

$133,249

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

David C Stewart and Mark A Padgett

Lender

First Banks

Loan start date

January 2002

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

David C Stewart and Mark A Padgett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 12:05 AM

Listing updated: 04/06/2025 at 2:55 PM

Listed by: Tina Glenn, Richardson Sotheby's International Realty Phone #: (805) 781-6040

MLS: CRMLS #SC25065240

CRMLS logo

Recently listed in San Luis Obispo