1595 Chesapeake Place, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath
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Arroyo Grande, California 93420
Analysis of 1595 Chesapeake Place, Arroyo Grande, California 93420 is currently available with a list price of $1,995,000. 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 (28 years old), the home is structurally sound but aesthetically dated, featuring original Saltillo tile flooring and 90s-style cabinetry. While recent updates include brand new windows and fresh professional paint, the kitchen and bathrooms have not had a major renovation in over 20 years, placing it in the fair category.
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 features a full bath, forced air heat, and finished walls, offering exceptional potential for a secondary dwelling (ADU), guest house, or premium workspace.
The property includes a 2.9-acre home site plus an additional 10.7-acre dedicated open space parcel, providing rare privacy and a serene, sprawling natural environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
As the 2,728 total square footage includes the 2,000 sq. ft. shop, the actual living area of the main residence is relatively small for a property at this price point.
The extensive use of Saltillo pavers and 1990s architectural details may require additional capital investment for buyers seeking a more contemporary or modern aesthetic.
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, saltillo pavers throughout 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,728 | 2,434.5 |
| Lot Size | 126,324 | 19,593.3 |
| Price | $2.00M | $1.15M |
| Price per sq ft | $731 | $545 |
| Built year | 1996 | 1997 |
| HOA | $0 | $152 |
| Days on market | 107 | 49 |
Jun 10, 2026
$1,995,000
$2,250,000
-11% Price Drop
Initial Listing
Apr 6, 2026
$2,250,000
Initial Listing
Jul 17, 2003
$1,237,500
Public Record