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320 Mira Sol Drive — San Luis Obispo — 5 Beds • 4 Baths • 3,766 Sq Ft | Belmont Brokerage

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$2,595,000

$689/ft²

320 Mira Sol Dr, San Luis Obispo, CA 93405

Property Description

Set in the desirable Ferrini Heights area, this single-level home plus detached Casita offers beautiful views of Bishop’s Peak and Cerro San Luis. The home is 3,030sf on a 15,000sf lot and includes four bedrooms, three bathrooms, a family room and a living room. The detached Casita provides a 5th bedroom and bathroom and offers 736sf of additional living space. Wood flooring runs throughout most of the home along with cherry wood cabinetry and doors plus Andersen casement windows and Marvin sliders. The updated kitchen with granite counters, center island with a 6 burner gas Wolf range and two ovens, Subzero refrigerator and pantry opens to both the dining area and family room. The bathrooms have been tastefully updated with quartz counters and double sinks. The inviting primary suite featuring a beautifully designed bathroom and two custom-built walk-in closets opens to a private view deck with an above-ground spa. The irrigated grounds include raised planter boxes and 2 Meyer lemon, 2 mandarin orange, a lime, an avocado, a pear and apple tree. A paved and covered patio plus a new Timbertech composite deck off the Casita provide several outdoor living spaces. The 736sf Casita features a kitchenette, ¾ bath, skylights, a mini-split AC/heater and fireplace. Additional improvements to this property include owned solar, air conditioning and a Presidential composition roof, installed in 2024. Located close to some of San Luis Obispo’s best hiking trails, with downtown and everyday amenities just minutes away, this is a rare opportunity to own a beautiful home in one of SLO’s most desirable neighborhoods.

Listing provided by: Sarah WeberDRE #01077788805-544-8662 sarah@weberteam.com, Compass

MLS #: SC26154989

FLIP & EXPANSION SIMULATORSOLID PROFIT

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$142K

+10.7% ROI

Rehab + Add$635K

Est. ARV$3550K

Est. Profit+$142K

Proj. ROI11%

Sqft to Add (Expansion / ADU)+600 sqft (4,366 total sf)

Remodel Rate (Existing Space)$140/sqft ($527K total)