1322 Aralia Ct, San Luis Obispo, CA 93401

Newly Remodeled Home with High-End Finishes & Spacious Layout in "The Arbors" This stunning, newly renovated home has been completely finished from top to bottom and offers luxurious details throughout. Enjoy an open-concept floor plan with cathedral ceilings, a gourmet kitchen with all new appliances and a huge primary suite featuring a walk-in double shower. Additional highlights include: * Formal dining as well as kitchen dining area * Living room and family room downstairs * Separate laundry room * 3-car garage * Waterproof PVC wood flooring throughout * 3 wood burning fireplaces * Large flat backyard with privacy * Brand-new paver patio in back * 10x13 louvered pergola * New landscaping in front and back Available now, though the backyard is still being finalized. Qualified renters, year+ lease- $5,600 security deposit, pets welcome. Please DM to schedule a private showing appointment. RENT VS BUYING Home value- $1,200,000 Down payment 20% $240,000 Remodel cost $180,000 Mortgage payment $6300-$7500 "A total monthly mortgage payment for a $960,000 loan, including principal, interest, taxes, and insurance, will be approximately $6,300 to $7,500 or more, depending on the interest rate, loan term, and local property taxes and insurance costs. This estimate assumes a fixed interest rate and does not account for private mortgage insurance (PMI), which may be required depending on the down payment. A 30-year fixed mortgage at a 7% interest rate could have a principal and interest (P&I) payment of roughly $6,320, which would be on top of taxes and insurance." Buy- $420,000 out of pocket, $6,300-$7,500 monthly payment Rent- $5,600 out of pocket, $5,600 monthly payment Renter is responsible for all utilities. Owner pays HOA dues. One year + rental term. No smoking. Pets' negotiable. Possible lease to own is an option.