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

1535 Wild Rye
Arroyo Grande, California 93420
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 3.0 | 90% |
| Square foot | 4,458 | 2,149.5 | 95% |
| Lot Size | 59,242 | 9,373.5 | 79% |
| Price | $3.79M | $1.20M | 99% |
| Price per sq ft | $851 | $563 | 93% |
| Built year | 2000 | 1994 | 61% |
| HOA | $730.0 | $0 | 97% |
| Days on market | 92 | 184 | 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






































































