
Arroyo Grande, California 93420
This Aspen Village Townhome represents a High-Potential Investment Opportunity, listed at a List Price of $569,000—positioned slightly above the $552,834 Fair Market Value. While the property requires updates to modernize its Condition Rating of 4, the end-unit layout provides superior natural light and privacy. Featuring a private courtyard, balcony, and attached 2-car garage, the home offers significant functional utility. Located within the Lucia Mar Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through cosmetic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 241 Aspen Street Subject | $569,000* List Price | 2 | 3 | 1,149 | $481 | - |
A 817 Valley Sold | $599,000 | 2 | 2 | 1,343 | $446 | 0.6 mi |
B 232 S Elm Active | $585,000 List Price | 2 | 3 | 1,331 | $440 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (43 years old), the property falls into the >20y category. While the exterior and grounds appear well-maintained, the lack of mentioned renovations suggests dated kitchen and bath fixtures and aging systems that likely require updates to meet modern standards.
As a desirable end-unit, the home features vaulted ceilings and additional windows that provide superior natural light and increased privacy compared to interior units.
The layout maximizes living space with French doors leading to a private courtyard and a dedicated balcony off the primary suite, ideal for coastal California living.
The attached 2-car garage offers rare secure parking and significant additional storage capacity, which is a premium feature for a townhome of this size.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1149, living area = 1149.
The $455 monthly association fee adds a substantial recurring cost to the property's carrying expenses, which may impact overall affordability for some buyers.
The listing notes that interior photos were taken prior to current occupancy, suggesting the current condition may reflect wear and tear not visible in the marketing materials.
End-Unit Townhome in Aspen Village Welcome to this beautifully positioned end-unit 2-bedroom, 2.5-bath townhome in desirable Aspen Village. An open-concept floor plan, vaulted ceilings, and abundant natural light create a bright and inviting atmosphere throughout the home. The main level features a cozy fireplace, open staircase, and dedicated dining area. French doors open to a private courtyard, creating an inviting space for outdoor relaxation or entertaining. Upstairs, you’ll find two spacious bedrooms, including a private primary suite featuring its own balcony, walk-in closet, and en-suite bathroom. The second bedroom offers convenient access to a full bathroom just across the hall. An attached 2-car garage provides secure parking and additional storage, with plenty of street parking available for guests. With its desirable end-unit location, thoughtful layout, and comfortable indoor-outdoor living spaces, this Aspen Village townhome is a wonderful place to call home. Interior pictures were taken prior to current occupancy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.6 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,149 | 2,331.603 |
| Lot Size | 1,149 | 18,472.583 |
| Price | $569.0K | $1.18M |
| Price per sq ft | $495 | $566 |
| Built year | 1983 | 1994 |
| HOA | $455.0 | $161 |
| Days on market | 8 | 46 |
Sep 1, 2026
$569,000
Initial Listing
May 25, 2001
$210,000
Public Record
Oct 2, 1997
$137,000
Public Record
May 23, 1995
$132,500
Public Record