
Arroyo Grande, California 93420
Analysis of 169 Cimarron, Arroyo Grande, California 93420 is currently available with a list price of $1,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Built in 2018, this 8-year-old home meets the 'Excellent' criteria as it is under 10 years old and in mint condition. Recent updates include new luxury vinyl flooring (2026) and professional exterior paint (2025). The kitchen and bathrooms feature modern custom cabinetry and stone finishes, and the property includes high-end systems like solar with three backup batteries and a reverse-osmosis water system.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 309712, living area = 1478.
The property is a turnkey equestrian estate featuring five horse paddocks with shelters, a riding arena, and over seven acres of land, offering a rare lifestyle opportunity for horse enthusiasts.
Built in 2018, the home is equipped with a private well featuring a reverse-osmosis system and a robust solar power setup including three backup batteries for energy independence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1478, other record living area = 994. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The requirement for the buyer to assume the existing solar lease adds a recurring monthly financial obligation and may complicate the mortgage qualification process for some.
At 1,478 square feet for a $1.518M list price, the interior living space is relatively small, indicating that the property's value is heavily concentrated in the land and specialized improvements.
MORE THAN A HOME—7.11 ACRES OF TURNKEY EQUESTRIAN INFRASTRUCTURE, USABLE LAND & FUTURE POSSIBILITIES ON CALIFORNIA’S CENTRAL COAST. The value of 169 Cimarron Way goes far beyond the residence. This beautifully maintained Arroyo Grande property has already been thoughtfully developed for horses, country living and entertaining—offering improvements that can take years to create. Bring the horses and start enjoying it from day one. The established equestrian facilities include a 100’ x 100’ riding arena, six horse paddocks with shelters, a large rear pasture, separate turnout pasture, tack space, tie rail/wash area and perimeter fencing. Generous trailer and equipment parking makes the property exceptionally functional for the serious horse owner or recreational equestrian. One of the property’s most exciting features is an additional potential building site, creating an opportunity to explore a second residence, guest house, multigenerational living or family compound, subject to buyer verification and applicable County approvals. The grounds themselves are immaculate and have been carefully maintained, with multiple sitting and entertaining areas positioned throughout the acreage. A hilltop She Shed offers a private retreat or creative space, while three Sea Train storage containers and an additional storage building provide substantial room for tack, feed, equipment, tools and recreational toys. At the center of it all is a well-maintained 3-bedroom, 2-bath home built in 2018 with an open floor plan, high ceilings, custom cabinetry, walk-in pantry and new luxury vinyl flooring. A private well with reverse-osmosis system serves the home, and the solar system includes three backup batteries. All of this is located just minutes from the beach and convenient to Arroyo Grande, San Luis Obispo and Santa Maria. The land is ready. The horse facilities are established. The grounds are immaculate. The possibilities are already here. Seller is offering a $12,000 credit toward an interest-rate buydown with an acceptable offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,478 | 2,331.603 |
| Lot Size | 309,712 | 18,472.583 |
| Price | $1.50M | $1.18M |
| Price per sq ft | $1.0K | $566 |
| Built year | 2018 | 1994 |
| HOA | $0 | $161 |
| Days on market | 24 | 46 |
Aug 22, 2026
$1,495,000
$1,518,000
-2% Price Drop
Initial Listing
Aug 16, 2026
$1,518,000
Initial Listing
Dec 23, 2015
$246,000
Public Record
Mar 28, 2008
$375,000
Public Record
Dec 23, 2004
$525,000
Public Record