516 Stoneridge Dr, San Luis Obispo, CA 93401

Enjoy stunning views and serene living in this beautifully maintained 3bedroom 2bath Mediterraneanstyle home located in the desirable Stone Ridge II community This singlelevel residence offers 1711 sq ft of elegant living space with a bright open floor plan and high ceilings that enhance the spacious feel The living and dining areas open to a large deckperfect for relaxing or entertaining while taking in the surrounding views The kitchen is wellappointed with granite countertops stainless steel appliances bar seating and generous cabinetry for ample storage The spacious primary suite features an ensuite bath with a custom vanity and walkin shower Two additional guest bedrooms and a full hallway bath provide flexibility for family guests or a home office Additional highlights include a 2car attached garage with laundry and extra storage space Enjoy proximity to hiking and biking trails and all the charm of downtown San Luis Obispojust under a mile awaywith its vibrant shops restaurants and entertainment options

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for 93401, which encompasses San Luis Obispo, California, appears optimistic. This upbeat perspective is primarily owing to San Luis Obispo being a desirable location for both residents and tourists, known for its scenic beauty, vibrant culture, and excellent educational institutions like California Polytechnic State University. With its diverse range of industries, including agriculture, technology, and tourism, the demand for rental properties in this area remains steady. Furthermore, 93401 offers attractive amenities and a high quality of life, making it an appealing destination for individuals and families looking to rent a home. As a result, rental prices in the area are expected to remain robust, making it an enticing market for real estate investors and property owners. However, it is crucial to consider potential challenges such as rising property taxes or potential shifts in the demand due to economic or social factors that may impact the rental market in 93401. Overall, the rental real estate market outlook for 93401 indicates a positive trend, presenting opportunities for those with investments or looking to enter the market.

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