1221 Farroll Avenue B, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 2 bath
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1221 Farroll Avenue B
Arroyo Grande, California 93420
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,254Sq Ft
1,254Lot Size
Property Price
LIST PRICE$560,000
EST. MARKET VALUE
$614,658
8% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $560,000—positioned well below the $614,658 Fair Market Value by 8%. This valuation gap provides $54,658 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern quartz countertops, newer appliances, and a private patio, this home offers a seamless lifestyle in the Lucia Mar Unified district. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence with community amenities.
Estimated Market Value
$614,658+$54,658 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 |
|---|---|---|---|---|---|---|
★ 1221 Farroll Avenue B Subject 2 bd · 2 ba · 1,254 sqft · $490 | $560,000* List Price | 2 | 2 | 1,254 | $490 | - |
A 1215 Farroll B Sold 2 bd · 2 ba · 1,073 sqft · $558 · 0.0 mi | $599,000 | 2 | 2 | 1,073 | $558 | 0.0 mi |
B 278 Spruce Sold 2 bd · 2 ba · 1,155 sqft · $476 · 0.4 mi | $550,000 | 2 | 2 | 1,155 | $476 | 0.4 mi |
C 1165 Maple E Sold 2 bd · 2 ba · 1,090 sqft · $472 · 0.5 mi | $515,000 | 2 | 2 | 1,090 | $472 | 0.5 mi |
D 1223 A Farroll 9 Active 2 bd · 2 ba · 1,254 sqft · $447 · 0.0 mi | $560,000 List Price | 2 | 2 | 1,254 | $447 | 0.0 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.
While built in 1982, the property has undergone a comprehensive modern renovation within the last 5 years. It features a turnkey interior with quartz countertops, subway tile backsplash, updated bathrooms with marble-style vanities, newer appliances, and a newer furnace, meeting the criteria for mint condition with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Condition
The property features significant recent updates including quartz countertops, newer matching appliances, fresh interior paint, and a newer furnace, offering a move-in ready experience.
- Functional Layout
The floor plan is thoughtfully designed with a spacious living room, a master suite featuring a walk-in closet and private balcony, and conveniently located upstairs laundry with appliances included.
- Community Amenities & Low Fees
Residents benefit from a relatively low $240/month HOA fee that provides access to a clubhouse, sauna, and picnic area, enhancing the overall lifestyle value for the price point.
CONSRISKS & DEFICIENCIES
- Limited Parking
The property includes only a single-car attached garage, which may be a drawback for households with multiple vehicles or those requiring significant additional storage.
- Older Construction
Built in 1982, the complex may face aging infrastructure issues or future maintenance requirements common in 40-year-old developments, despite the individual unit's internal updates.
About 1221 Farroll Avenue B
Updated and Turnkey + Ideal Arroyo Grande location! 2 BEDROOM/2 BATHROOM CONDO IN MARLO WEST CONDO COMMUNITY** Spacious living room with gas fireplace welcomes you home!** Many modern updates throughout including gorgeous quartz countertops in kitchen + Newer matching appliance: gas range, refrigerator and dishwasher all included. **Inviting living room with gas fireplace and stylish shiplap wall detail. ** Dining area that is great for entertaining. Slider door leads to backyard patio retreat with lovely fountain ** Upstairs to the roomy Master Bedroom with a walk-in closet and slider door leading to a sunny balcony.** Laundry conveniently located between the two bedrooms. Washer and Dryer included! **Newer interior paint** Newer 2 yr old furnace**Convenient, attached single-car garage.** Community clubhouse, sauna and picnic area are a definite plus!** HOA is $240/month**Call your Realtor today, this one won't last!** Professional photos will be loaded shortly!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 1,254 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $240.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,254 | 913.667 |
| Lot Size | 1,254 | 1,081.5 |
| Price | $560.0K | $498.4K |
| Price per sq ft | $447 | $517 |
| Built year | 1982 | 1980 |
| HOA | $240.0 | $278 |
| Days on market | 36 | 58 |
Pricing History
Listed for Sale
Sep 18, 2026
$560,000
Initial Listing
Sold
Oct 26, 2000
$135,000
Public Record