103 Old Summit Road, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 3 bed, 3 bath
103 Old Summit Road
Arroyo Grande, California 93420
Property Price
SUMMARY
Analysis of 103 Old Summit Road, Arroyo Grande, California 93420 is currently available with a list price of $1,109,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Arroyo Grande Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1958, the property is well-maintained and move-in ready with a new septic system (2022), but the interior remains largely dated. The kitchen and bathrooms feature older cabinetry, appliances, and fixtures that, while functional, show signs of age and require modernization to meet contemporary aesthetic and quality standards.
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 = 202320, living area = 1998.
- Expansive Acreage & Versatility
The 4.6-acre lot provides significant space for equestrian use, agricultural projects, or the addition of a barn or ADU, offering immense value-add potential.
- Superior Water & Infrastructure
Equipped with a high-yield 15 GPM well and a newly installed septic system (2022), the property offers reliable and updated essential utilities for rural living.
CONSRISKS & DEFICIENCIES
- Dated 1950s Construction
Built in 1958, the home likely requires modernization and updates to its systems and finishes to meet contemporary luxury standards.
- Due Diligence Requirements
The listing emphasizes that the buyer is responsible for all investigations, particularly regarding the bonus rooms, which may imply unpermitted spaces or underlying maintenance needs.
About 103 Old Summit Road
Built in 1958 this 3 bedroom home with 2 bonus rooms sits on 4.6 acres with views everywhere. Move right in and make it yours. 3 bedrooms, 2 1/2 baths, the 2 bonus rooms, and a 2 car garage. Sit out on your deck and watch the world go by, graze your horses, or add a barn or an ADU (check with the county for details). New septic system in 2022. 15 GPM well, so plenty of water for whatever you want to do. All reports in supplements. Call with questions, but buyer responsible for all investigations. Info deemed reliable, buyer to investigate.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 202,320 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,998 | 2,114.5 | 49% |
| Lot Size | 202,320 | 9,373.5 | 89% |
| Price | $1.11M | $1.20M | 46% |
| Price per sq ft | $555 | $562 | 48% |
| Built year | 1958 | 1993 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 184 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,109,000
Initial Listing