tomo logo

$1,299,000

Beds
3
Baths
3.0
sq ft
2,378

540 Mason Way, San Luis Obispo, CA 93401

540 Mason Way

San Luis Obispo, CA 93401

  • 3 days on market
    • Open house Feb 22
Welcome to your own private oasis in the heart of San Luis Obispo! This captivating Spanish-style residence seamlessly blends charm, comfort, and timeless elegance. Offering three bedrooms, three bathrooms, and 2,378 sq. ft. of beautifully designed living space, this home is perfect for those who appreciate both style and functionality. Step inside and be transported by the stunning Spanish architectural details—arched doorways, intricate tile work, and warm, inviting spaces that radiate character and craftsmanship. The open and airy floor plan creates a welcoming ambiance, ideal for both everyday living and effortless entertaining. Cozy up by the charming fireplace in the spacious living area, or channel your inner chef in the well-appointed kitchen, featuring modern appliances and ample counter space. The primary suite is a true retreat, offering a luxurious en-suite bathroom and a generous walk-in closet. Two additional bedrooms provide plenty of flexibility—whether for guests, a home office, or creative endeavors. Nestled in a highly desirable neighborhood, this home offers a peaceful escape while remaining close to all the best of San Luis Obispo. With an HOA fee of just $91 per month, residents enjoy a beautifully maintained community with added perks. Beyond your doorstep, San Luis Obispo County boasts an endless array of outdoor activities, cultural attractions, and natural beauty. Explore scenic hiking trails, world-class wineries, stunning beaches, and the area's vibrant farm-to-table dining scene. If you're searching for a one-of-a-kind Spanish-inspired home in a prime location, this exquisite property is the perfect fit. Don’t miss your chance to experience the charm, warmth, and allure of coastal living—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$1,316,101

Lot size

7,575 sq ft

Price per sq ft

$547

Year built

2000

Monthly HOA fee

$91

Price History

02/19/2025
CRMLS

CRMLS #PI25031245

Listed
$1,299,000
05/31/2024
CRMLS

CRMLS #PI23133986

Removed
$1,299,000
05/30/2024
CRMLS

CRMLS #PI23133986

Listed
$1,299,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

San Luis Coastal Unified

Negotiation Insights

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

Seller could get up to

$977,402
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$217,678
Cash to seller
$977,402

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

June 2013

Original loan amount

$300,000

Est. remaining balance

$217,678

Interest rate

3.41%

Loan type

New Conventional, 30 year

Seller

James A Rizzi and Michelle C Rizzi

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?

Similar Homes Nearby

Price drop
CRMLS
$1,129,900
3 bd
|
2.5 ba
|
1,924 sq ft
|
House

1009 Price Canyon Rd, Pismo Beach, CA 93449

Price drop
CRMLS
$1,159,000
3 bd
|
2.5 ba
|
1,935 sq ft
|
House

3074 Lucca Ln, San Luis Obispo, CA 93401

CRMLS
$1,360,000
3 bd
|
2.5 ba
|
1,908 sq ft
|
House

3766 Rock Garden Ln, San Luis Obispo, CA 93401

Status: Active

Tomo last checked: 02/22/2025 at 11:30 AM

Listing updated: 02/20/2025 at 4:10 PM

Listed by: Paul Swack, Paul Swack, Keller Williams Realty Central CoastKeller Williams Realty Central Coast Phone #: (805) 773-7777

MLS: CRMLS #PI25031245

CRMLS logo

Recently listed in San Luis Obispo