2318 Santa Ynez Ave San Luis Obispo, CA 93405
Cuesta Park Neighborhood
5
Beds
2.5
Baths
2,205
Sq Ft
7,681
Sq Ft Lot
Highlights
- New Construction
- Solar Power System
- No HOA
- Bishop's Peak Elementary School Rated A
- Canyon View
- 4-minute walk to Cuesta Canyon County Park
About This Home
As of May 2025The Ridge at Monterey Heights - Lot 2 - A contemporary new construction home perched on the hill in one of San Luis Obispo’s most desirable neighborhoods. Centrally located near Cal Poly and only minutes to Downtown SLO, the Monterey Heights neighborhood caters to families and students alike. The home is expertly designed by award winning architects TenOver Studio to maximize views and functionality. The Ridge offers a spacious open floor plan with abundant natural light and picturesque mountain views. This 2,200± Sq. Ft. home includes 5 bedrooms and 2.5 bathrooms; ideal for a large family or an investment property. Premium modern amenities include: custom solid wood cabinets certified by FSC, Tier 1 Caesarstone quartz countertops, engineered oak hardwood floors by Shaw, and GE Monogram professional grade appliances. The large wraparound deck allows panoramic views of the surrounding hills with ample space for entertaining guests. The Ridge is a true Net-Zero energy efficient home with 100%-Owned rooftop solar power, LG Chem Battery for onsite energy storage, and a ChargePoint electric vehicle charger installed in the garage. Come experience contemporary living at The Ridge at Monterey Heights and schedule a walk-through. Construction Completed: September 2020.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,757
Year Built
- Built in 2020 | New Construction
Lot Details
- 7,681 Sq Ft Lot
- Gentle Sloping Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
Property Views
- Canyon
- Mountain
- Hills
- Neighborhood
Interior Spaces
- 2,205 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- All Upper Level Bedrooms
Eco-Friendly Details
- Energy-Efficient Construction
- Solar Power System
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Built by Ed Cuming Construction
Listing and Financial Details
- Legal Lot and Block 2 / 6
- Assessor Parcel Number 052136049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2020
Closed on
Feb 9, 2021
Sold by
Sum Properties Lp
Bought by
Marsden Mary and Marinovich John
Seller's Agent
Farid Shahid
Eighty20 Group
Buyer's Agent
Kellye Grayson
The Avenue Central Coast Realty, Inc.
List Price
$1,400,000
Sold Price
$1,375,000
Premium/Discount to List
-$25,000
-1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$1,031,250
Outstanding Balance
$928,634
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$923,905
Purchase Details
Closed on
Jan 29, 2019
Sold by
Piper Mavis Flint and Piper Mavis
Bought by
Mavis Flint and Mavis David T
Purchase Details
Closed on
Jan 24, 2019
Sold by
Piper Mavis Flint and Piper Mavis
Bought by
Sum Properties Lp
Similar Homes in San Luis Obispo, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,375,000 | First American Title Company | |
| Grant Deed | $145,000 | Placer Title Co | |
| Grant Deed | $435,000 | Placer Title Co | |
| Interfamily Deed Transfer | -- | Placer Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,031,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $1,850,000 | -1.3% | $839 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/22/2025 03/22/25 | For Sale | $1,875,000 | +36.4% | $850 / Sq Ft |
| 03/02/2021 03/02/21 | Sold | $1,375,000 | 0.0% | $624 / Sq Ft |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 11/11/2020 11/11/20 | Price Changed | $1,375,000 | -1.8% | $624 / Sq Ft |
| 02/03/2020 02/03/20 | For Sale | $1,400,000 | -- | $635 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $15,757 | $1,459,160 | $689,785 | $769,375 |
| 2023 | $15,757 | $1,430,550 | $676,260 | $754,290 |
| 2022 | $14,768 | $1,402,500 | $663,000 | $739,500 |
| 2021 | $10,348 | $974,148 | $284,148 | $690,000 |
| 2020 | $3,177 | $299,050 | $221,850 | $77,200 |
| 2019 | $2,196 | $204,790 | $204,790 | $0 |
| 2018 | $2,153 | $200,775 | $200,775 | $0 |
| 2017 | $2,111 | $196,839 | $196,839 | $0 |
| 2016 | $2,069 | $192,980 | $192,980 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Farid Shahid
Seller's Agent in 2025
Farid Shahid
Eighty20 Group
(818) 961-6508
5 in this area
73 Total Sales
-
Walker Sotello
Seller Co-Listing Agent in 2025
Walker Sotello
Eighty20 Group
(805) 781-6040
5 in this area
60 Total Sales
-
Alison Haupt Realtor
Buyer's Agent in 2025
Alison Haupt Realtor
Home & Ranch Sotheby's Intl
(805) 215-4474
1 in this area
26 Total Sales
-
Kellye Grayson
Buyer's Agent in 2021
Kellye Grayson
The Avenue Central Coast Realty, Inc.
(805) 316-0375
1 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP20024313
APN: 052-136-049
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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