232 S Elm, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 3 bath
232 S Elm
Arroyo Grande, California 93420
Property Price
SUMMARY
Analysis of 232 S Elm, Arroyo Grande, California 93420 is currently available with a list price of $618,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready, turn-key condition with significant recent interior updates including new kitchen appliances and fresh countertops. While the structure dates back to 1983, the interior features modern aesthetic elements like vaulted ceilings and a spacious loft. It appears well-maintained with no immediate major repairs required, fitting the criteria for a property that has been updated and maintained despite its age.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Condition
The home is move-in ready with significant interior updates, including new kitchen appliances and fresh countertops, reducing immediate post-purchase costs for the buyer.
- Architectural Volume
Soaring vaulted ceilings and a spacious loft with built-in cabinetry create an open, light-filled atmosphere that makes the 1,331 square feet feel much larger and more modern.
- Functional Storage & Parking
The inclusion of an oversized two-car garage with built-in storage is a premium feature for a townhouse, providing ample space for vehicles and gear.
CONSRISKS & DEFICIENCIES
- High Association Fees
The $430 monthly HOA fee represents a significant recurring carrying cost that may impact the purchasing power and debt-to-income ratios for some buyers.
- Property Age
Built in 1983, the property may soon require maintenance or updates to original major systems and common area components typical of a 40-year-old complex.
About 232 S Elm
Turn-key and ideally located in Arroyo Grande, 232 S Elm St offers a light-filled, easy-living layout with soaring vaulted ceilings and an inviting great room anchored by a cozy fireplace. French doors open to a private enclosed patio—perfect for morning coffee, container gardening, or outdoor dining. The dining area flows seamlessly from the main living space, and the home features new kitchen appliances and new countertops for a fresh, move-in-ready feel. Upstairs, enjoy a spacious loft with built-in cabinetry—ideal for a home office or flex space—plus a generous primary suite with vaulted ceilings and sliding doors to a private balcony. Additional highlights include an oversized 2-car garage with built-in storage. Convenient to shopping, dining, and the charm of Arroyo Grande—don’t miss this wonderful opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1983
- Lot Size
- 1,331 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,331 | 1,319 | 75% |
| Lot Size | 1,331 | 2,100 | 25% |
| Price | $618.0K | $624.0K | 50% |
| Price per sq ft | $464 | $496 | 50% |
| Built year | 1983 | 1984 | 50% |
| HOA | $430.0 | $102 | 75% |
| Days on market | 30 | 133 | 25% |
Pricing History
Listed for Sale
Feb 5, 2026
$618,000
Initial Listing
Sold
Sep 3, 2021
$435,000
Public Record
Sold
Jun 15, 2010
$260,000
Public Record
Sold
Apr 11, 2008
$342,000
Public Record
Sold
May 28, 1999
$138,000
Public Record