Workforce Housing at Legacy Collection

Thank you for your interest in San Luis Ranch Legacy Collection.  We are excited to be selling our final “workforce” category affordable housing.  This home will be marketed to the public for the next 30 days as required by the City of San Luis Obispo.  After that time, all qualified individuals will participate in a lottery.

Qualifying Criteria

• Work in the City of San Luis Obispo

• Meet income requirements at the WORKFORCE level 2024 “Workforce” Housing Standards for San Luis Ranch

• All interested buyers must qualify for loan with the Preferred Lender*, Pacific Trust Mortgage, for Legacy Collection.
Pre-qualification must be completed must be completed by February 17, 2025 to be eligible for the lottery.

    HOME DETAILS

    Address:
    Plan/ Elevation:
    Details:
    Price:

    1991 Heirloom Place
    Squire Plan 4 – Farmhouse Elevation
    3 Bed, 2.5 Bath • 1,887 sq. ft., 3,200 sq ft lot
    $731,500 (Workforce Income Requirement)

    CLICK TO SEE FLOOR PLAN AND VIRTUAL TOURS

    PLEASE NOTE: The home is under construction. Anyone wanting to visit the home MUST be escorted by sales personnel. If interested, please contact the sales office to schedule an appointment 805-556-3007.

    CONTACT US FOR INFO!
    Greta Jensen, Sales Consultant
    805-556-3007 • greta@sanluisranch.org

    www.sanluisranch.org

    Additional Terms

    The Affordable Homes at San Luis Ranch are offered In compliance with the City’s “SLO Workers First” program. Priority for purchase will be individuals working in San Luis Obispo, individuals who work within San Luis Obispo County, and then all other qualified buyers.

    Once purchased, property must be owner occupied.

    Affordable terms are secured by an affordable agreement, promissory note, and deed of trust including an equity share agreement with the City of San Luis Obispo. 

    All pre-qualified individuals will be eligible to be selected to purchase these homes. The individuals selected will then enter into a Purchase Contract with the Legacy Collection.

    There will be a non-refundable application fee to People’s Self Help for underwriting and final qualification process.  Please do not contact People’s self Help until instructed to do so.

    A $2,500 deposit will be required at contract signing. In the event the Income Verification Application is not approved by People’s Self-Help Housing, the $2,500 deposit will be fully refunded.

    All Guidelines are subject to final approval of the City of San Luis Obispo.

    In an effort to meet consumer expectations, Coastal Community Builders reserves the right to make changes or modifications to maps, plans specifications, materials, features, and colors without notice. All renderings are artist conceptions and are not intended to be literal depictions of the buildings, fences, walks, driveways or landscaping. Special wall and window treatments upgraded floor coverings, softscape, hardscape, landscape, and other items featured in and around the model homes are decorator suggested and not included in the purchase price. Residents are automatically included in the Homeowners’ Association and are subject to Special Assessments and Community Facility Fees. Ask your Sales Representative for details. Plans to build out this project as proposed are subject to change without notice. SLO Ranch Realty, Inc DRE #02133544.