935 Madonna Road 204, San Luis Obispo, CA 93405

$440,000 Asking Price

2 beds
2 baths
887  sqft
Built in 2023

This is a San Luis Obispo Workforce Housing Listing and potential Buyers must qualify for this program. In Compliance with the "SLO Workers First" Program. Priority for purchase will be individuals working in San Luis Obispo, individuals who work within San Luis Obispo County, then all other qualified buyers. Qualifying Criteria 1. "SLO Workers First" priority as stated above. 2. Meet income requirements at the WORKFORCE level 2023 "Workforce" Housing Standards for San Luis Ranch - see Tables 1 & 2 https://www.slocity.org/home/showpublisheddocument/34347/638238078313330000 3. Qualify for loan with the Preferred Lender* for Harvest Vista. https://www.pacifictrustslo.com Pre-qualification must be completed to be entered into the lottery for this home purchase. This newly constructed condominium is scheduled for completion approximately January 2024 and includes 2 bedrooms, 2 full bathrooms, an open concept kitchen, living room area and an outdoor balcony. This is an all-electric community and Solar is included in the purchase price. The home will come complete with air conditioning. The community will include bike garages and a private club with community room, hot tub, and swimming pool. This location is amazing with access to the best of San Luis Obispo and minutes to Avila and Pismo Beach. *Pictures do not represent the actual unit, and any views, finishes or other details may vary throughout; home under construction.

Features & Amenities

Interior

General:
Balcony,Recessed Lighting
Laundry:
Closet Full Sized,Closet Stacked,Inside
Flooring:
Carpet,Laminate,Linoleum/Vinyl
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
Below Ground,Community/Common,Association
Parking:
Parking Space, Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
303.64, Monthly
Originating MLS:
California Regional MLS
County:
San Luis Obispo

Lot

View:
Neighborhood
Restrictions:
CC&R's

Utilities

Utilities:
Cable Available,Electricity Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
SLO Ranch Realty Inc., Carla Ramer

About San Luis Obispo, CA

Housing

Number of Units
25,677
Median Home Value
$720,160
Median Rent
$1,496

52.79% of housing units are renter occupied.

8.94% are vacant.

Commute

Car
53.93%
Public Transportation
1.46%
Walk to Work
9.23%
Work from Home
31.00%
Other
0.10%

The median travel time to work is 11 minutes.

People

Population
67,371
Median Age
32.80
Median Household Size
2.60

Education

High School
15.67%
Associate’s Degree
7.77%
Bachelor’s Degree
26.33%
Graduate Degree
20.81%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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