1005 Acorn Drive, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 6 bed, 4 bath
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Arroyo Grande, California 93420
This Turnkey Multi-Generational Residence is a Prime Investment Opportunity, listed at $1,760,000—positioned well below the $1,807,920 Fair Market Value by 2%. This valuation gap offers $47,920 in Instant Equity. With a Mint Condition Rating following a $500,000 remodel, the property features a private 2-bedroom casita, panoramic mountain views, and a dry sauna. Located in the Lucia Mar Unified district, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking luxury coastal living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Acorn Drive Subject | $1,695,000* List Price | 6 | 4 | 3,291 | $535 | - |
A 703 Avenida De Diamante Sold | $1,975,000 | 4 | 3 | 3,652 | $541 | 0.6 mi |
B 1027 Acorn Drive Active | $1,695,000 List Price | 4 | 4 | 2,836 | $598 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone a comprehensive $500,000 'reimagined' remodel within the last 5 years. Key upgrades include a new roof, solar system, fiber cement siding, and new decks. The interior features a completely redesigned modern kitchen and updated bathrooms, placing it in mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15001, living area = 3291.
The property features a separate 660 sq. ft. 2-bedroom apartment with a private entrance, providing a versatile space for rental income, guests, or extended family without an HOA.
With over $500,000 invested in renovations, the home boasts a new roof, solar system, fiber cement siding, and a redesigned luxury kitchen, ensuring a high-end, move-in-ready experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15001, other record lot size in square feet = 15500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3291, other record living area = 2507. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
While the elementary school is highly rated (8/10), the assigned middle and high schools carry moderate ratings (5-6/10), which may be a consideration for education-focused families.
Originally built in 1980, the home may retain some structural or layout characteristics of its era that might not fully align with the expectations of buyers seeking contemporary new-construction standards.
Welcome to your dream home! This beautiful reimagined property offers the perfect blend of modern luxury, versatility and breathtaking panoramic views from every deck. The main residence features 4 bed 2 1/2 bath in 2561 sq. ft plus attached 2 bed 1 bath apartment (additional 660 sq. ft ). NO HOA or fees. Situated on nearly half an acre. No detail has been overlooked. Completely remodeled with over $500,000 of upgrades- including new roof, new decks, gas fireplace, redesigned modern kitchen, Fiber cement siding, Solar, and private apartment style casita with private entrance. Ideal for extended family, guests, or rental income. Additional highlights are ample storage space, hot tub, dry sauna, putting green. hiking and walking tails across the street. Located minutes from the beach and shopping and dining. This property offers the best of Central Coast Living in one of Arroyo Grande's most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 1.6 mi
Grades 7-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 3,291 | 2,154 | 80% |
| Lot Size | 15,001 | 12,169 | 54% |
| Price | $1.70M | $1.15M | 78% |
| Price per sq ft | $515 | $536 | 46% |
| Built year | 1980 | 1989 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 137 | 4% |
Jun 5, 2026
$1,695,000
$1,760,000
-4% Price Drop
Initial Listing
May 7, 2026
$1,760,000
Initial Listing
Sep 14, 2015
$665,000
Public Record
Nov 5, 2014
$590,000
Public Record
Jul 29, 2010
$445,000
Public Record
Apr 19, 2006
$336,000
Public Record
Feb 9, 2005
$657,500
Public Record