1005 Acorn Drive, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 6 bed, 4 bath
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1005 Acorn Drive
Arroyo Grande, California 93420
ACTIVE
CONDITION: EXCELLENT
6Beds
4Baths
3,291Sq Ft
15,001Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,679,517
7% BelowMARKET VALUE
SUMMARY
This Turnkey Multi-Generational Residence is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,679,518 Fair Market Value by 7%. This valuation gap offers $129,518 in Instant Equity. Featuring a Mint Condition Rating after a $500,000 remodel, the home includes a private 2-bedroom casita, panoramic mountain views, and a dry sauna. Located in the Lucia Mar Unified district, this property is an ideal acquisition for Owner-Occupants seeking luxury or Investors targeting high-end rental income.
Estimated Market Value
$1,679,517+$129,517 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Arroyo Grande.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Acorn Drive Subject 6 bd · 4 ba · 3,291 sqft · $510 | $1,550,000* List Price | 6 | 4 | 3,291 | $510 | - |
A 432 Emerald Bay Sold 4 bd · 3 ba · 3,316 sqft · $510 · 0.9 mi | $1,690,000 | 4 | 3 | 3,316 | $510 | 0.9 mi |
B 1027 Acorn Drive Active Under Contract 4 bd · 4 ba · 3,293 sqft · $470 · 0.1 mi | $1,549,000 List Price | 4 | 4 | 3,293 | $470 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1980, the property has undergone a comprehensive $500,000 remodel. It features a completely redesigned modern kitchen with high-end finishes, updated bathrooms, a new roof, new fiber cement siding, and solar systems, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Income Potential & Versatility
The property includes a fully equipped, 660 sq. ft. attached 2-bedroom apartment with a private entrance, offering significant potential for rental income or multi-generational living.
- Extensive High-End Upgrades
With over $500,000 in recent renovations, the home features premium improvements including a new roof, solar system, fiber cement siding, and a completely redesigned modern kitchen.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- 1980s Infrastructure
Despite the extensive aesthetic and functional remodel, the original 1980 construction may present some legacy layout constraints or older underlying plumbing and electrical components.
- Moderate Secondary School Ratings
While the elementary school is highly rated at an 8, the assigned middle and high schools carry more moderate ratings of 5 and 6, which may influence families prioritizing top-tier school districts.
About 1005 Acorn Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 15,001 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Arroyo Grande Unified Schools
Ocean View Elementary School
Grades K-6 • 0.8 mi
8/10
Paulding Middle School
Grades 7-8 • 1.6 mi
5/10
Judkins Middle School
Grades 7-8 • 2.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 4.0 | 2.8 |
| Square foot | 3,291 | 2,290.855 |
| Lot Size | 15,001 | 17,332.316 |
| Price | $1.55M | $1.21M |
| Price per sq ft | $471 | $575 |
| Built year | 1980 | 1994 |
| HOA | $0 | $155 |
| Days on market | 4 | 46 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,550,000
Initial Listing
Sold
Sep 14, 2015
$665,000
Public Record
Sold
Nov 5, 2014
$590,000
Public Record
Sold
Jul 29, 2010
$445,000
Public Record