Set in the desirable Templeton Ranch community, this Spanish-style residence combines newer construction, single-level living and a beautifully finished interior just minutes from the heart of Downtown Templeton. Built in 2017, the approximately 2,157 sq. ft. floor plan includes 3 bedrooms, 3 full bathrooms, high ceilings, custom window coverings and warm, cohesive finishes throughout. At the center of the home, a well-appointed kitchen with a large island opens to the family room with a gas fireplace, while separate living and dining areas provide additional space for entertaining or everyday living. The primary suite is set toward the rear of the property and features direct patio access, a walk-in closet and a spacious bath with dual vanities, soaking tub, separate shower and private water closet. The two secondary bedrooms are positioned separately within the floor plan, each with convenient access to a full bathroom. An indoor laundry room with sink and additional storage and an attached two-car garage add to the functionality of the layout. Outside, the front and rear yards have been professionally landscaped and hardscaped with drought-tolerant plantings, accent lighting and inviting spaces that require minimal upkeep. Located near parks, wineries, award-winning schools and everyday amenities, the property offers a combination of newer construction, single-level living and move-in-ready condition that can be hard to find in Templeton.
Single-familyProperty Type
2017Year Built
5,000 sq ftLot Size
$410Price/Sq.Ft.
$80/moHOA Dues
2 garage spacesParking
Listed by Robert Sousa•DRE #01774193• COMPASS
Contact: 805.460.3000
Bought with Alison Haupt•DRE #02149336• GUIDE Real Estate
Est. $3,488 per month, based on comparable rentals
Sale and tax history for 275 Waterfall Rd
Sale History
Tax History
Date
Event
Price
CRMLS #NS26173909
Sep 28, 2026
Sold
$885,000
$410/sq ft
Sep 16, 2026
Pending
—
Sep 9, 2026
Relisted
—
Sep 9, 2026
Pending
—
Aug 27, 2026
Price Changed
$875,000
$406/sq ft
Aug 12, 2026
Listed
$925,000
$429/sq ft
Aug 9, 2026
Coming Soon
$925,000
$429/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,886 (+7.1%)
$255,327 + $435,798
$691,125
2024
$7,365 (+1.8%)
$250,321 + $427,253
$677,574
2023
$7,232 (+2.0%)
$245,413 + $418,876
$664,289
2022
$7,093 (+2.0%)
$240,601 + $410,663
$651,264
2021
$6,954 (+1.1%)
$235,884 + $402,611
$638,495
2020
$6,881 (+4.8%)
$231,259 + $394,717
$625,976
2019
$6,568 (+2.0%)
$228,888 + $390,670
$619,558
2018
$6,439 (+322.2%)
$224,400 + $383,010
$607,410
2017
$1,525
$141,038
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
—
Sq. Ft.
2,157
Year built
2017
Style
Single Family Residential
County
San Luis Obispo County
APN
040-216-031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RMF
INLAND AREA
SALINAS RIVER SUB AREA
NORTH COUNTY PLANNING AREA
Residential, Multi-Family Distict
The purpose of this section is to establish standards for the conversion of rental housing into condominiums that conform to the General Plan and Housing Element, maintain a supply of affordable housing units, retain some rental units, reduce the impact of such conversions on the tenants, facilitate resident ownership of the converted units, ensure that converted housing achieves a high standard of safety and quality, and inform the prospective buyers of the physical conditions of the structure.
Zone overlays
Permitted uses
Include but are not limited to:
Bed & breakfast
Office-Other
Dec 8, 2017 • Final
Residential - new structure
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 2
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Individual Room
Kitchen Information
Appliances: Garbage Disposal, Refrigerator, Water Softener, Gas Range, Dishwasher
Has Appliances
Breakfast Nook
Kitchen Open to Family Room, Kitchen Island, Granite Counters
Bathroom Information
# of Baths (Full): 3
Cooling Information
Central
Has Cooling
Room Information
Main Floor Primary Bedroom
Fireplace Information
Gas, Living Room
Has Fireplace
Flooring Information
Tile, Vinyl
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Ceiling Fan, Open Floor Plan
Levels: One
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Security Features: Fire Sprinklers, Carbon Monoxide Detector(s), Security System