
Arroyo Grande, California 93420
Analysis of 1595 Chesapeake Place, Arroyo Grande, California 93420 is currently available with a list price of $2,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1996, the home is exceptionally well-maintained and move-in ready with significant recent maintenance including brand new vinyl windows, sliders, and professional paint. However, the kitchen and bathrooms retain their original 1990s styling, featuring dated wood cabinetry with rope trim, tile countertops, and older black appliances. While the terracotta flooring and beamed ceilings are high-quality, the lack of modern renovations to the primary living systems and 'wet rooms' places it in the fair category based on the provided age and renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 126324, living area = 2728.
The massive detached shop includes a full bath and heating, providing an exceptional opportunity for a secondary dwelling (ADU), professional workspace, or high-end hobbyist storage.
With 2.9 serene acres plus an additional 10.7-acre dedicated open space parcel, the property offers rare privacy and a vast natural buffer that is difficult to find.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Managing nearly 14 total acres involves substantial ongoing maintenance, including fire clearance and vegetation management, which may be a burden for some buyers.
The property's reliance on a private well and septic system requires consistent monitoring and maintenance compared to the convenience of municipal utility services.
Gorgeous single level home with 2,000 sq. ft. shop on 2.9 serene acres plus an additional 10.7 acre dedicated "Open Space"parcel. A timeless floor plan, terracotta pavers with in-floor heating, beautiful ,beamed ,cathedral ,ceilings and brand new vinyl windows and 8' sliders throughout. Home has just been professionally painted inside and out, along with new exterior paint on shop. Shop is complete with a full bath and forced air heat, walls are dry-walled and exposed trusses. Layout is perfect to make a secondary dwelling or keep as shop. Good well and storage tank,with recent 4 hour test, septic clearance and termite clearance. Relax and enjoy the stunning panoramic views of ocean, Black Lake and Black Lake Canyon from your patio. *Square footage includes the house and the shop. Acreage includes "Open Space" parcel.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,728 | 2,061.5 | 74% |
| Lot Size | 126,324 | 10,050.5 | 88% |
| Price | $2.25M | $1.14M | 91% |
| Price per sq ft | $825 | $539 | 92% |
| Built year | 1996 | 1991 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 168 | 1% |
Apr 6, 2026
$2,250,000
Initial Listing
Jul 17, 2003
$1,237,500
Public Record