1535 Wild Rye, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 3 bed, 5 bath

1535 Wild Rye, Arroyo Grande, California 93420 home-pic-0

1535 Wild Rye

Arroyo Grande, California 93420

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
5Baths
4,458Sq Ft
59,242Lot Size

Property Price

LIST PRICE$3,795,000

SUMMARY

Analysis of 1535 Wild Rye, Arroyo Grande, California 93420 is currently available with a list price of $3,795,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Arroyo Grande Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2000, this estate is in move-in ready condition and has been recently refreshed with new lighting, fixtures, carpet, and paint. The gourmet kitchen and luxurious bathrooms feature high-end finishes, and the property shows minimal wear with well-maintained architectural details like high-beamed ceilings and custom woodwork.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59242, living area = 4458.

  • Elite Community Amenities

    Situated in the prestigious Varian Ranch, the property offers unparalleled lifestyle perks including equestrian facilities, 25 miles of trails, a private orchard, and a newly renovated clubhouse.

  • Architectural Detail & Views

    The Spanish-style estate features high-beamed ceilings and custom woodwork, perfectly framing panoramic views of the Central Coast’s peaks and unspoiled rolling hills.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly association fee of $730 represents a significant recurring carrying cost that may deter buyers sensitive to high non-mortgage expenses.

  • Limited Bedroom Count

    With only three bedrooms in a home exceeding 4,400 square feet, the layout may feel under-utilized for larger families or those requiring more dedicated sleeping quarters.

About 1535 Wild Rye

Located in Varian Ranch, one of the Central Coast’s most active and prestigious communities, this show-stopping 3 Bed, 5 bath Spanish-style estate offers more than 4,400 square feet of immaculately curated living space. The property features panoramic views of some of the region’s tallest peaks set off by unspoiled rolling hillsides dotted with native oaks. Step through this iconic home to reveal a space defined by a striking fireplace which anchors the interior with charm and draws attention to the custom woodwork and high-beamed ceilings throughout the living area. The main floor is flooded with brightness and the natural warmth of the coastal sunlight that seamlessly flows from the family room, to the wet bar, to a gourmet kitchen complete with a generous center island and breakfast nook. Continue onto the expansive terrace to realize a true indoor-outdoor living experience. The primary suite includes a luxurious bath, walk-in closets and a soaring roofline for a resort-like hideaway; there’s even a hot tub for stargazing off the master. A private office, 3 oversized bedrooms and 5 bathrooms have been thoughtfully reimagined with new lighting, ceiling fans, carpet, paint and fixtures to give this pastoral dwelling a refreshed look and feel. The gated property features mature landscaping, a built-in barbecue/outdoor kitchen and a 3-car garage. Varian Ranch offers a 40-stall barn, 10 pastures for riding and a riding arena. The 3,100-acre community also features 25 miles of trails, a newly renovated clubhouse, a swimming pool and spa, tennis courts and even a community orchard with citrus and fruit trees. Minutes to beaches, wine country, shopping, dining and nightlife all within the San Luis Coastal Unified school district, this true California oasis is a generational find!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2000
Lot Size
59,242 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$730.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths5.03.0
90%
Square foot4,4582,149.5
95%
Lot Size59,2429,373.5
79%
Price$3.79M$1.20M
99%
Price per sq ft$851$563
93%
Built year20001994
61%
HOA$730.0$0
97%
Days on market92184
15%

Pricing History

Listed for Sale

Feb 25, 2026

$3,795,000

Initial Listing

Price Change

Dec 5, 2025

$3,995,000

Initial Listing

Sold

Mar 11, 2024

$3,500,000

Public Record

Sold

Aug 15, 2023

$3,297,000

Public Record

Sold

Sep 17, 2013

$1,900,000

Public Record

Sold

Jul 10, 1998

$365,000

Public Record

Sold

Dec 3, 1996

$325,000

Public Record

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