1499 Farroll, Grover Beach, California 93433, Grover Beach, 93433 - 0 bed, 0 bath
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Grover Beach, California 93433
Analysis of 1499 Farroll, Grover Beach, California 93433 is currently available with a list price of $1,295,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Grover Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Originally built in 1947, the property shows significant signs of age and deferred maintenance, including peeling exterior paint. The kitchen is highly dated with cabinetry and lighting likely exceeding 30 years in age. While the addition of solar panels and some newer laminate flooring provides some utility, the overall condition and the listing's emphasis on land value and development potential suggest the structures require substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36155, living area = 2123.
The massive 36,155 sq ft flat, usable lot features two existing homes and offers ample space for additional ADUs or further residential development, providing exceptional investment upside.
The property includes five garages plus dedicated RV parking with hookups, a rare and highly desirable feature for collectors, hobbyists, or those with multiple vehicles.
With the original structures built in 1947, the homes may require significant updates to electrical, plumbing, and mechanical systems to meet modern standards and buyer expectations.
The $1.695M list price primarily reflects the land value and development potential, which may be a barrier for traditional buyers looking for a turnkey or modernized primary residence.
Rare find in Grover Beach. 2 homes on 36,155 sq ft of flat usable land. Plenty of parking includes 5 garages, RV parking and hook ups. Property is fenced. Main home is a 3 bedroom with a large bonus room. Separately, the second home includeds 2 bedrooms. Both homes are private with plenty of room for additions. Less than two miles from the beach. Grocery stores, gas stations, schools, parks, and auto shop etc. all within a mile radius. Live close to the city with an open country feel. Check with city as to how many homes or ADU'S can be added. Owner may carry with acceptable terms.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,123 | 1,524 |
| Lot Size | 36,155 | 5,115 |
| Price | $1.29M | $844.7K |
| Price per sq ft | $610 | $576 |
| Built year | 1947 | 1981 |
| HOA | $0 | $61 |
| Days on market | 55 | 51 |
Jul 20, 2026
$1,295,000
$1,595,000
-19% Price Drop
Initial Listing
Jun 12, 2026
$1,595,000
$1,695,000
-6% Price Drop
Initial Listing
May 28, 2026
$1,695,000
Initial Listing