
Arroyo Grande, California 93420
This Value-Add Residential Asset is listed at $860,000, sitting just above the $827,147 Fair Market Value. The property carries a Condition Rating of 4, indicating that while the granite kitchen is updated with stainless appliances, the bathrooms and core systems require modernization to reach peak valuation. Spanning a 8,100 square foot lot near The Village, the site offers high utilization potential and original character via hardwood flooring. Situated in the Lucia Mar Unified district, this is a calculated entry for Value-Add Investors or Owner-Occupants seeking high appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1176 Maple Street Subject | $840,000* List Price | 3 | 2 | 1,303 | $625 | - |
A 807 Park Way Sold | $721,000 | 3 | 2 | 1,344 | $536 | 0.5 mi |
B 555 S Halcyon Sold | $750,000 | 4 | 2 | 1,498 | $501 | 0.7 mi |
C 1065 Sunset Drive Sold | $658,000 | 2 | 1 | 1,038 | $634 | 0.2 mi |
D 857 Forest Glen Drive Sold | $989,000 | 3 | 2 | 1,610 | $614 | 0.7 mi |
E 1323 Glenbrook Active | $899,000 List Price | 3 | 2 | 1,380 | $651 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the home features some partial updates including granite countertops and stainless steel appliances in the kitchen. However, the bathrooms, wall heating systems, and original interior doors are significantly dated (20+ years), and the property requires cosmetic and system modernization throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8100, living area = 1303.
Situated near The Village of Arroyo Grande with easy 101 Freeway access, the property offers a perfect blend of small-town charm and commuter convenience.
The home features original hardwood floors throughout most of the interior, providing a warm and timeless aesthetic that preserves its 1950s character.
Built in 1959, the home may require significant modern updates to its core systems and energy efficiency to meet contemporary living standards.
The property is noted as having no views, which may be a competitive disadvantage in a coastal region where scenic vistas are highly sought after.
This charming 3-bedroom, 2-bathroom home in the heart of Arroyo Grande boasts original hardwood floors throughout most of the home, adding warmth and character. Situated close to The Village, this home offers easy access to the 101 Freeway, blending country charm with convenient living. Call your favorite realtor today to schedule a showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,303 | 2,066.5 | 14% |
| Lot Size | 8,100 | 11,704 | 37% |
| Price | $840.0K | $1.12M | 27% |
| Price per sq ft | $645 | $537 | 77% |
| Built year | 1959 | 1989 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 136 | 20% |
May 15, 2026
$840,000
$860,000
-2% Price Drop
Initial Listing
Mar 17, 2026
$860,000
Initial Listing