
Arroyo Grande, California 93420
This townhouse presents a Strong Value Opportunity, listed at $549,999—positioned well below the $557,397 Fair Market Value by 1%. This valuation gap offers $7,398 in Instant Equity. With a Condition Rating of 4, the property features a functional layout with significant upside potential for cosmetic modernization. Located near Ocean View Elementary (Rating 8) and scenic trails, this home offers a low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property near the coast.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property is dated and shows signs of its original era, including popcorn ceilings and older carpeting in the bedrooms. While there is some newer luxury vinyl plank flooring in the main areas, the listing explicitly mentions 'upside potential' and the need for bathroom improvements, indicating it requires cosmetic updates and minor repairs to meet modern standards.
Ideally situated near the clubhouse and guest parking, this unit offers immediate access to scenic trails and is just a short drive from the beach, blending convenience with a retreat-like feel.
The townhouse structure ensures that exterior maintenance is managed by the HOA for a competitive monthly fee, making it an excellent choice for those seeking a lock-and-leave residence.
With a functional layout and the specific potential to upgrade the upstairs half-bath into a full suite, this property offers significant opportunities for equity growth through strategic renovations.
The inclusion of only a one-car garage may be a constraint for multi-vehicle households or those requiring additional enclosed storage space.
Constructed in 1979, the home likely requires modernization of its original finishes and systems to align with current market trends and energy efficiency standards.
Great complex and this unit is located in one of the most desirable areas of this complex near the club house and lots of guest parking down at the end. This two bedroom 2 bath and 1 car garage with its own fenced in backyard and access to trails galore! This townhouse style condo means the exterior maintenance is covered for your HOA fees. This is a great layout and has so much to offer in lifestyle and upside potential. You are close to everything but far enough away that this feel like you are on vacation in a retreat and the beach is only a few moments away from having you feet in the sand. Everything here is just a few moments away. Has a great kitchen overlooking the fenced back yard. Laundry is down stairs right off of the kitchen. Down stairs is a 1/2 bath and upstairs is a full bath and a 1/2 bath which could easily accommodate the addition of a shower and or another laundry upstairs. The bedrooms are great size and have nice views and a balcony.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.3 mi
Grades 8-12 • 2.0 mi
No sensitive facilities data found.
Jul 22, 2026
$549,999
Initial Listing
Jan 17, 2024
$1,000,000
Public Record
Dec 17, 2010
$256,000
Public Record