245 Walnut Street, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath
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Arroyo Grande, California 93420
This Move-In Ready Central Coast Home is listed at $1,275,000, offering a stable and fair value relative to its $1,166,376 Fair Market Value. Boasting a Condition Rating of 3, the residence features a detached ADU, owned solar system, and central HVAC, ensuring modern comfort and lifestyle flexibility. Situated on an expansive 1/3 acre lot within the prestigious Lucia Mar Unified district, the property serves as a private sanctuary with a built-in BBQ, spacious patio, and updated kitchen. This is a perfect match for Owner-Occupants or Multi-Generational Families seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Walnut Street Subject | $1,275,000* List Price | 4 | 3 | 2,062 | $566 | - |
A 1566 Hillcrest Sold | $1,025,000 | 4 | 2 | 2,125 | $482 | 1.0 mi |
B 432 California Street Sold | $1,170,000 | 4 | 3 | 2,359 | $496 | 1.0 mi |
C 245 Robles Pending | $1,099,900 List Price | 3 | 3 | 1,961 | $561 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant functional updates. While originally built in 1973, it features modern stainless steel kitchen appliances, granite countertops, and updated flooring throughout. The inclusion of high-value systems such as owned solar and central HVAC, along with a fully functional detached ADU, elevates the condition above 'fair'. Although some stylistic elements like the oak cabinetry and bathroom fixtures are slightly dated, they are in good, functional condition with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13420, living area = 2062.
The property features a versatile detached ADU with its own bathroom, walk-in closet, and pantry, offering significant potential for rental income or multi-generational living.
Equipped with an owned solar system and central heating and air conditioning, this home provides modern efficiency and long-term utility cost savings.
Built in 1973, the property may require ongoing maintenance or further updates to core systems compared to newer builds in the area.
Despite its desirable Central Coast location, the property lacks the panoramic ocean or hillside views often sought after in the Arroyo Grande market.
Experience the best of Central Coast living in this Arroyo Grande gem, where comfort, style, and opportunity come together. Situated on a generous 1/3 acre lot, this single level 3 bedroom, 2 bath residence is complemented by a versatile detached ADU with its own bath, walk-in closet, and pantry, offering space for extended family, guests, or rental income. Inside, the home welcomes you with abundant natural light, updated flooring, and an inviting layout. The kitchen is both functional and stylish, featuring stainless steel appliances, plentiful counter space, and a breakfast bar that opens to the dining and living areas, perfect for everyday living and entertaining alike. The private primary suite is a true retreat, complete with a full bath, an impressive 12x12 walk-in closet, and direct access to the expansive backyard. Outdoors, enjoy your own sanctuary with a built-in BBQ, ample room for gardening, and space to gather under the California sun. Modern amenities include an owned solar system for energy savings and central heating and A/C for year-round comfort. All of this just moments from the Village of Arroyo Grande, the beaches of Pismo, and the renowned Edna Valley wine country, with easy access to Highway 101. This property offers not just a home, but a lifestyle versatile, efficient, and perfectly placed on the Central Coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,062 | 2,030 | 50% |
| Lot Size | 13,420 | 10,050.5 | 59% |
| Price | $1.27M | $1.14M | 64% |
| Price per sq ft | $618 | $539 | 73% |
| Built year | 1973 | 1990 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 175 | 58% |
Mar 27, 2026
$1,275,000
$1,350,000
-6% Price Drop
Initial Listing
Oct 14, 2025
$1,350,000
Initial Listing
Mar 15, 2013
$360,000
Public Record