
Arroyo Grande, California 93420
This 1955 Coastal Residence is a High-Potential Investment Opportunity with a List Price of $658,000. While positioned above the $564,164 Fair Market Value, the property’s Condition Rating of 5 and "mostly original" status present a significant value-add play for the Arroyo Grande market. The expansive 7,500 sqft lot with mature fruit trees and a large detached garage offers a substantial footprint for expansion or modernization. Retaining its original wood floors and vintage charm, this asset is primed for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1065 Sunset Drive Subject | $658,000* List Price | 2 | 1 | 1,038 | $544 | - |
A 1120 Sunset Drive Sold | $602,500 | 3 | 2 | 1,256 | $480 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 and described as being in 'mostly original' condition, the property requires substantial rehabilitation to meet modern standards. While the windows have been updated to dual-pane, the interior features dated linoleum flooring, an old-fashioned bathroom with tiled counters, and original wood floors that show their age. The exterior and yard show signs of deferred maintenance, and the property's age suggests that major systems likely require significant updates or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1038.
Situated west of Highway 101, this property offers a generous 7,500 sqft lot with mature fruit trees and is conveniently located near local beaches and shopping.
The home retains its 1955 character with original hardwood floors, arched doorways, coffered ceilings, and large picture windows that provide a unique aesthetic appeal.
The interior is described as being in mostly original condition, which will likely necessitate a significant budget for modernizing the kitchen, bathroom, and systems.
With only two bedrooms, one bathroom, and just over 1,000 square feet of living space, the property may feel restrictive for larger families or those requiring more utility.
Great house in a great location. Condition is mostly original. Huge lot with fruit trees (avocado, fig, lemon, loquat, plum). Original wood floors, large picture windows, arched doorways, coffered ceiling, vintage charm. Updated with dual pane windows. Large two-car detached garage; close to shopping and beaches.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 3.0 | 4% |
| Square foot | 1,038 | 1,988 | 4% |
| Lot Size | 7,500 | 9,915 | 39% |
| Price | $658.0K | $1.13M | 9% |
| Price per sq ft | $634 | $539 | 77% |
| Built year | 1955 | 1990 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 168 | 1% |
Apr 9, 2026
$658,000
Initial Listing
Apr 16, 2021
$500,000
Public Record
Jun 17, 2005
$440,000
Public Record
Aug 28, 2002
$269,500
Public Record
Jun 6, 1996
$125,000
Public Record