
Arroyo Grande, California 93420
This Arroyo Grande Townhome is a Strong Value Opportunity, listed at $585,000—positioned well below the $613,210 Fair Market Value by 4%. This valuation gap offers $28,210 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers an airy, open-concept layout with a versatile loft and private courtyard. Located in the Lucia Mar Unified district, this property balances coastal lifestyle with financial stability, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232 S Elm Subject 2 bd · 3 ba · 1,331 sqft · $424 | $565,000* List Price | 2 | 3 | 1,331 | $424 | - |
A 241 Aspen Street Pending 2 bd · 3 ba · 1,149 sqft · $495 · 0.0 mi | $569,000 List Price | 2 | 3 | 1,149 | $495 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property is well-maintained and move-in ready. It features modern LVP flooring, updated vanities, and clean interior finishes. While some bathroom tiling and gold-tone fixtures appear dated (15-20y range), the overall condition is functional and reflects a 5-15 year renovation cycle.
The open-concept floor plan features vaulted ceilings and a versatile loft, providing an airy atmosphere and adaptable space for a home office, gym, or secondary living area.
French doors lead to a private, charming courtyard and the primary suite includes a private balcony, maximizing the usable living space and embracing the Central Coast climate.
The property offers high-value conveniences including a two-car garage with direct access, upstairs laundry, and dedicated guest parking, which are rare for townhomes in this price point.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1331, living area = 1331.
The $450 monthly association fee represents a substantial recurring cost that may impact the debt-to-income ratio for first-time buyers or budget-conscious investors.
Built in 1983, the home may require modernization of major systems or aesthetic updates to meet the expectations of buyers looking for contemporary finishes.
This townhome invites you to embrace the relaxed Central Coast lifestyle, with the charm and amenities of Arroyo Grande right at your fingertips. Upstairs, you’ll find two spacious bedrooms, including a peaceful primary suite featuring a walk-in closet, private balcony, and a thoughtfully designed vanity area separate from the shower—perfect for making busy mornings a little easier. Convenient upstairs laundry adds to the home’s easy, functional layout. The second bedroom is generously sized with a full bathroom just across the hall. An open staircase, vaulted ceilings, and an airy, open-concept floor plan create a wonderful sense of space throughout the home. The versatile loft adds even more flexibility—ideal for a home office, second living area, reading retreat, workout space, or whatever fits your lifestyle.Downstairs, gather around the fireplace on cozy coastal evenings or open the French doors and extend your living space into the private, charming courtyard—an inviting spot for morning coffee, outdoor dining, entertaining friends, or simply enjoying the Central Coast weather. Everyday living is made even more convenient with direct access to the two-car garage, dedicated guest parking near the front entrance, and additional street parking.Whether you’re searching for your first home, looking to simplify, or dreaming of a Central Coast retreat, this inviting Arroyo Grande townhome offers the perfect blend of comfort, flexibility, and relaxed coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,331 | 2,290.855 |
| Lot Size | 1,331 | 17,332.316 |
| Price | $565.0K | $1.21M |
| Price per sq ft | $424 | $575 |
| Built year | 1983 | 1994 |
| HOA | $450.0 | $155 |
| Days on market | 72 | 46 |
Oct 17, 2026
$565,000
$580,000
-3% Price Drop
Initial Listing
Sep 30, 2026
$580,000
$585,000
-1% Price Drop
Initial Listing
Aug 13, 2026
$585,000
Initial Listing
Sep 3, 2021
$435,000
Public Record
Jun 15, 2010
$260,000
Public Record
Apr 11, 2008
$342,000
Public Record
May 28, 1999
$138,000
Public Record