1685 Corbett Highlands, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 5 bed, 4 bath
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Arroyo Grande, California 93420
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,225,000—positioned well above the $1,868,161 Fair Market Value by -19%. While the property commands a premium, it offers 5.8 acres of private land and breathtaking panoramic views of local vineyards. With a Fair Condition Rating, the home provides a blank canvas for modernization. This asset is ideal for Buy-and-Hold Investors seeking long-term appreciation or Owner-Occupants looking to customize a luxury estate in the Lucia Mar Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1685 Corbett Highlands Subject | $2,225,000* List Price | 5 | 4 | 4,010 | $466 | - |
A 1640 Corbett Canyon Road Active | $2,575,000 List Price | 4 | 5 | 4,460 | $577 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is approximately 28-30 years old. Following the criteria for homes over 20 years old, it is classified as Fair due to the high likelihood of dated kitchen/bath finishes and original systems (HVAC/Electric) reaching the end of their functional lifespan, despite the structure appearing sound from aerial images.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 252648, living area = 4010.
Situated on over 5.8 acres, this property offers unparalleled privacy and significant outdoor space, a rare and highly desirable feature in the Arroyo Grande market.
The residence captures stunning, unobstructed views of local vineyards, orchards, and rolling hills, significantly enhancing the property's luxury appeal and tranquility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4010, other record living area = 3305.
Constructed in 1996, the home may require cosmetic or functional updates to meet the contemporary design standards expected at this multi-million dollar price point.
The combination of a large 4,000+ square foot structure and nearly 6 acres of land implies substantial ongoing costs and effort for landscaping and general property management.
Exceptional opportunity in Arroyo Grande. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 4,010 | 2,154 | 89% |
| Lot Size | 252,648 | 12,169 | 95% |
| Price | $2.23M | $1.15M | 91% |
| Price per sq ft | $555 | $538 | 54% |
| Built year | 1996 | 1989 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 137 | 3% |
May 12, 2026
$2,225,000
Initial Listing