$750,000
$25K PRICE DROP

731 Santa Ysabel Ave San Luis Obispo, CA 93402

Estimated payment $4,410/month

Total Views 24,739
2 Beds
2.5 Baths
1,572 Sq Ft
$477 Price per Sq Ft

Highlights

  • Golf Course Community
  • Back Bay Views
  • Deck
  • Baywood Elementary School Rated A-
  • Dual Staircase
  • 5-minute walk to Pasadena Park

About This Home

An Exceptional Opportunity in Baywood Park!
First time on the market, this unique mixed-use property offers the perfect fusion of work and home life in one dynamic location. Just steps from Baywood Park’s charming business district, this two-story property invites creativity, productivity, and comfortable living. It is the opportunity for you to bring your creative eye to update and innovate new life into this space.
Entering from the side of the building you will find the 2-bedroom residence features a primary suite with a full bath and its own balcony, a cozy living room with a wood-burning fireplace, a small kitchen with adjacent dining area, and in-unit laundry—all on the same level. The second bedroom, which is a walk-through and can also be used as an office/den. Westside windows look out toward the Back Bay, bringing in the view and ocean air which makes this home feel so alive and vibrant.
The 450 sf ground-floor commercial space has a street front entrance and boasts open floor space with high ceilings, a handicap-access restroom and expansive windows that invite natural light—ideal for consultants, artists, wellness practitioners, or client-facing businesses. A private garage, additional off-street parking, and ample street parking complete the property.
Baywood Park is a lively community with popular cafes, inns, restaurants, art studios, yoga classes, a nearby Nature Preserve, and the weekly Farmer’s Market. Whether you're seeking a seamless home-office blend, an inspiring studio, or an investment with versatile potential, this property is ready to support your vision. The upstairs has been staged to show living space concept.

Listing Agent

Jerris Greenblat

Windermere Central Coast Brokerage Phone: 805 215-6999 License #02116463 Listed on: 08/04/2025

Windermere Central Coast

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1987

Lot Details

  • 3,049 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in fair condition
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Back Bay
  • Neighborhood

Home Design

  • Triplex
  • Entry on the 1st floor
  • Planned Development
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,572 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Wood Burning Fireplace
  • Stained Glass
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Baywood Elementary School
  • Los Osos Middle School
  • Morro Bay High School

Utilities

  • Forced Air Heating System
  • Overhead Utilities
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 038102036
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • 3 Units
  • 731 735 Santa Ysabel Mixed Use Association, Phone Number (805) 215-6999
  • Galen Ricard HOA
  • Town Of El Moro Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,142

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Kitchen appliances, (old but working) washer & dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Town of El Moro(680)
  • View: Yes
  • Zoning: CR
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 038102036
  • Year Built: 1987
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1572.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 477.10
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office
  • Window Features: Stained Glass
  • Bathroom Features: Low Flow Toilet(s), Shower, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Back Bay, Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, On Site, Uncovered
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Name: 731-735 Santa Ysabel Mixed Use
  • Phone: 805-215-6999
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Golf, Hiking, Preserve/Public Land, Sidewalks
  • Association Management: Galen Ricard

Schools

  • Elementary School: Baywood
  • High School: Morro Bay
  • Middle Or Junior School: Los Osos
  • Elementary School #2: BAYWD
  • High School2: MORRB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Near Public Transit, Utilities - Overhead, Walkstreet
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,142 $261,671 $114,923 $146,748
2024 $5,058 $256,541 $112,670 $143,871
2023 $5,058 $251,511 $110,461 $141,050
2022 $4,904 $246,581 $108,296 $138,285
2021 $4,998 $241,747 $106,173 $135,574
2020 $4,504 $239,269 $105,085 $134,184
2019 $4,428 $234,578 $103,025 $131,553
2018 $4,632 $229,979 $101,005 $128,974
2017 $4,300 $225,471 $99,025 $126,446
2016 $3,310 $221,051 $97,084 $123,967
2015 $3,274 $217,731 $95,626 $122,105
2014 $3,078 $213,467 $93,753 $119,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Price Changed $750,000 -3.2% $477 / Sq Ft
08/04/2025 08/04/25 For Sale $775,000 -- $493 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25156869

California Regional Multiple Listing Service (CRMLS)

APN: 038-102-036