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1481 Balboa, 
San Luis Obispo, CA 93405

$1,195,000

6

Beds

3

Baths

1,817

Sq Ft

Single Family

Active

Listed by

Jed Damschroder

The Avenue Central Coast Realty, Inc.

, 

Non Listed Office

Last updated:

February 17, 2026, 03:37 PM

MLS#

SC26030333

Source:

San Diego MLS via CRMLS

About This Home

1481 Balboa

Tucked away on a quiet street in the Laguna Lake area, this nicely maintained property offers exceptional flexibility and value on a 6,000 sq. ft. lot. The main residence features 4 bedrooms and 2 bathrooms, complemented by a brand-new 2-bedroom, 1-bath attached ADU with its own private entranceideal for investors, extended family living, or rental income. The main home has been thoughtfully updated with newer windows, vinyl plank flooring throughout much of the house, and a refreshed bathroom featuring a new shower and vanity. Many major systems have also been improved, including a newer roof, a furnace upgrade, and extensive foundation shoring completed by Foundation Solutions, providing peace of mind for years to come. The kitchen and living room are generously sized and functional, while all four bedrooms offer comfortable proportions. The newly constructed garage-conversion ADU is stylish and turnkey, boasting a full kitchen with quartz countertops, stylish tile backsplash, and stainless steel appliances. The modern bathroom features a subway tile shower with a frameless glass enclosure, and vinyl plank flooring runs throughout the unit. Outside, enjoy a large driveway with ample parking and a peaceful backyard complete with a deck platform and storage shedperfect for relaxing or entertaining. Whether youre looking for a strong investment opportunity, a perfect setup for Cal Poly students, or a home with private guest quarters, this versatile Laguna Lake property truly checks all the boxes.

Home Facts

Single Family

3 Baths

6 Bedrooms

Built in 1963

Price Summary

1,195,000

$657 per Sq. Ft.

MLS #:

SC26030333

Last Updated:

February 17, 2026, 03:37 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,817 Sq. Ft.

Structure

Structure

Building Area:

1,817 Sq. Ft.

Year Built:

1963

Finances & Disclosures

Finances

Price:

$1,195,000

Price per Sq. Ft:

$657 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.