
Arroyo Grande, California 93420
This Turn-Key Condominium is a Prime Investment Opportunity, listed at $560,000—positioned well below the $575,000 Fair Market Value by 2%. This valuation gap offers $15,000 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent upgrades like Granite Kitchen countertops and new flooring, this home offers a luxurious lifestyle near the Central Coast. With its private balcony and access to community amenities, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1223 A Farroll 9 Subject 2 bd · 2 ba · 1,254 sqft · $459 | $549,000* List Price | 2 | 2 | 1,254 | $459 | - |
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 1221 Farroll Avenue B 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.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a comprehensive recent renovation (likely <2 years) featuring brand new granite countertops in the kitchen and all bathrooms, new luxury vinyl tile and carpet flooring, new dual-pane windows, and modern stainless steel appliances, making it a turn-key, mint-condition home.
The property is in turn-key condition featuring significant recent improvements, including new dual-pane windows, luxury vinyl tile flooring, and premium granite countertops in both the kitchen and bathrooms.
Ideally situated in Arroyo Grande, this home offers excellent proximity to local beaches, scenic walking trails, shopping, and schools, making it highly desirable for coastal living.
The second level features an extra-large primary bedroom with abundant natural light, a private outdoor balcony, and a large walk-in closet, providing a luxurious and functional private retreat.
Constructed in 1982, the property may eventually require maintenance or updates to original structural components or common area systems not covered by the recent cosmetic interior renovations.
A recent price reduction after 25 days on the market suggests the property is still finding its competitive footing within the current local real estate climate.
Your chance to own a home on the widely sought-after Central Coast of California is here! Boasting various improvements including but not limited to; new dual pane windows and sliding doors throughout, installation of luxury vinyl tile and new carpet flooring, and brand new granite countertops in both bathrooms and kitchen— this turn-key 2 bedroom, 2 bathroom home in the Marlo West condo community is remarkably desirable and perfectly primed for your personal touch! The community provides in-house access to maintained common areas, including a clubhouse, sauna, and picnic areas and is centrally located with access to shopping, walking trails, the beach, and schools just minutes away. The bright and open living space on the entry level greets you upon passage, and provides a perfect open layout for young or growing families. The second level possesses an extra large primary bedroom with abundant natural light and connection to a private outdoor balcony in addition to a large walk-in closet and spacious dual-vanity bathroom. This modest yet ideal home has been upgraded with top-of-the-line materials and amenities throughout that will ensure a luxurious feel while making for an extremely comfortable lifestyle. Various details in the design bring the dwelling to the next level that wonderfully solicits the desirable nature of the home, so stop on by and have a look for yourself!
No exterior & parking available.
No sensitive facilities data found.
| 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 | $549.0K | $498.4K |
| Price per sq ft | $438 | $517 |
| Built year | 1982 | 1980 |
| HOA | $240.0 | $278 |
| Days on market | 64 | 58 |
Oct 8, 2026
$549,000
$560,000
-2% Price Drop
Initial Listing
Sep 10, 2026
$560,000
$575,000
-3% Price Drop
Initial Listing
Aug 21, 2026
$575,000
Initial Listing
May 30, 2003
$269,000
Public Record
Sep 28, 2000
$156,500
Public Record
Sep 28, 2000
$133,000
Public Record