NOT LISTED FOR SALE

6011 Balm Ridge Way San Luis Obispo, CA 93401

Estimated Value: $2,287,000 - $2,737,506

3 Beds
3.5 Baths
3,256 Sq Ft
$780/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $2,345,000 $720 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,440/month

41 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Custom Home
  • Los Ranchos Elementary School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of November 2022

Secluded + surrounded by nature with spectacular sunsets this 3 bed 4 bath + office home on 3+ acres allows you to live a life overlooking the central coast. Hidden high in the hills of the privately gated Baron Canyon Ranch you will find this custom home that both preserves and encompasses timelessness. Constructed in 2003, this gem is on the market for the first time since it was built.
Meandering among the manzanita this single level home marries its indoor spaces to the outdoors. Open concept living area boasts large wood burning stove and exposed wood beam vaulted ceilings. Kitchen is ideal for the home chef with high–end appliances and an 8 burner industrial range. Premier suite and office enjoy a separate wing from 2 additional en-suites. Lots of access to the outside through the many sliding glass doors. House is centered around a flagstone patio which is nicely protected from coastal breezes, follow a path from the patio and enjoy a dip in the hot tub under a beautiful cloak of stars. Home was recently painted and offers a screened in aviary, fenced raised garden beds, over-sized laundry, workshop/artist’s studio and leased solar panels.
This is a Golden State country side dream, here you can have it all; majestic mountain vistas, feeling a cool ocean breeze and watching the sunset across the sweeping valley, all while being only minutes to beaches, shopping and downtown San Luis Obispo.

Last Agent to Sell the Property

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 08/02/2022

Richardson Sotheby's International Realty

Co-Listed By

Bradley Wilson

Richardson Sotheby's International Realty License #01983603

Last Buyer's Agent

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 08/02/2022

Richardson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,879

Year Built

  • Built in 2003

Lot Details

  • 3.4 Acre Lot
  • Landscaped
  • Sprinkler System
  • Density is 2-5 Units/Acre

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Canyon
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Concrete Roof

Interior Spaces

  • 3,256 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Stove
  • Double Pane Windows
  • Casement Windows
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer Hookup

Eco-Friendly Details

  • Solar owned by a third party

Outdoor Features

  • Above Ground Spa
  • Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Wood
  • 220 Volts in Workshop
  • Natural Gas Connected
  • Shared Well
  • Well
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 076243022

Community Details

Overview

  • Baron Canyon Ranch Association, Phone Number (805) 544-9093
  • Goetz Manderley HOA
  • San Luis Obispo Subdivision
  • Maintained Community
  • Mountainous Community

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,879

Year Built

Built in 2003

Lot Details

0

HOA Fees

$320 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Card/Code Access, Gated Community
  • Subdivision Name Other: San Luis Obispo(380)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 076243022
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3256.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Granite Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room, Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 720.21
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Above Ground
  • Window Features: Casement Windows, Double Pane Windows
  • Bathroom Features: Soaking Tub

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Canyon, Hills, Mountain(s), Ocean, Panoramic, Trees/Woods
  • Patio And Porch Features: Concrete, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Gas Oven, Gas Range
  • Electric: 220 Volts in Workshop, Photovoltaics Third-Party Owned
  • Heating Type: Central, Fireplace(s), Wood
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Shared Well, Well
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Controlled Access
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Baron Canyon Ranch
  • Phone: 805-544-9093
  • Senior Community: No
  • Community Features: Mountainous
  • Association Management: Goetz Manderley

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 148104.00
  • Lot Size Acres: 3.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 148104.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 8, 2022
Sold by
Korsgaard Richard and Korsgaard Charlene
Bought by
Marvin Salles Revocable Trust
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Linda Wilson
Richardson Sotheby's International Realty
List Price
$2,549,000
Sold Price
$2,345,000
Premium/Discount to List
-$204,000
-8%
Views
53
Current Estimated Value
$2,539,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,377
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Korsgaard Richard and Korsgaard Charlene
Bought by
Korsgaard Richard and Korsgaard Charlene

Purchase Details

Closed on
Feb 14, 2002
Sold by
Korsgaard Richard and Korsgaard Charlene
Bought by
Korsgaard Richard and Korsgaard Charlene

Purchase Details

Closed on
Sep 13, 2000
Sold by
Gaffin C Harold
Bought by
Korsgaard Richard and Korsgaard Charlene

Purchase Details

Closed on
Jul 9, 1998
Sold by
Lee Robert A
Bought by
Gaffin C Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
9%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 27, 1997
Sold by
Rocky Creek Ranch Development Co Inc
Bought by
Lee Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
9%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marvin Salles Revocable Trust $2,345,000 First American Title
Korsgaard Richard -- Public
Korsgaard Richard -- --
Korsgaard Richard $375,000 Chicago Title Co
Gaffin C Harold $205,000 Chicago Title Co
Lee Robert A $149,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaffin C Harold $153,750
Previous Owner Lee Robert A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $2,345,000 -8.0% $720 / Sq Ft
09/26/2022 09/26/22 For Sale $2,549,000 0.0% $783 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $2,549,000 0.0% $783 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $2,549,000 -- $783 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $19,879 $1,841,870 $864,090 $977,780
2024 $19,518 $1,805,756 $847,148 $958,608
2023 $19,518 $1,770,350 $830,538 $939,812
2022 $14,026 $1,325,409 $559,765 $765,644
2021 $13,803 $1,299,422 $548,790 $750,632
2020 $13,662 $1,286,099 $543,163 $742,936
2019 $13,520 $1,260,882 $532,513 $728,369
2018 $13,255 $1,236,160 $522,072 $714,088
2017 $12,995 $1,211,923 $511,836 $700,087
2016 $12,740 $1,188,160 $501,800 $686,360
2015 $12,546 $1,170,314 $494,263 $676,051
2014 $11,520 $1,147,391 $484,582 $662,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22141858

California Regional Multiple Listing Service (CRMLS)

APN: 076-243-022