267 Mercedes Lane, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath
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Arroyo Grande, California 93420
This Stunning Move-In Ready Luxury Estate is listed at $2,149,000, positioned well below the $2,166,962 Fair Market Value by 1%. This valuation provides $17,962 in Instant Equity. Boasting an Excellent Condition Rating following an extensive luxury redesign, the residence features panoramic ocean views, French oak flooring, and multiple view decks. Situated within the prestigious Lucia Mar Unified district, this property blends coastal lifestyle with architectural sophistication. It is the perfect sanctuary for luxury homebuyers or Owner-Occupants seeking a premier Central Coast retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 267 Mercedes Lane Subject | $2,149,000* List Price | 4 | 3 | 3,583 | $605 | - |
A 289 Mercedes Lane Sold | $2,300,000 | 4 | 4 | 4,725 | $487 | 0.1 mi |
B 703 Avenida De Diamante Sold | $1,975,000 | 4 | 3 | 3,652 | $541 | 0.5 mi |
C 701 White Court Sold | $1,950,000 | 4 | 3 | 2,779 | $702 | 0.6 mi |
D 212 Miller Way Sold | $1,540,000 | 4 | 4 | 2,985 | $516 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent luxury redesign and renovation, meeting the criteria for excellent condition despite its 1989 build date. It features a new CertainTeed roof, James Hardie siding, and a completely updated interior with wide-plank French oak flooring, designer paint, and plush new carpeting. The kitchen and bathrooms have been fully modernized with high-end finishes, quartz countertops, and premium appliances, showing no signs of deferred maintenance.
The estate offers rare dual-aspect vistas, capturing both the Pacific coastline from Oceano Dunes to Avila Beach and the serene rolling hills of Edna Valley from nearly every room.
The property has been extensively upgraded with high-end materials, including wide-plank French oak flooring, James Hardie cement siding, and a new CertainTeed Presidential roof, ensuring a turn-key luxury experience.
Spanning over 3,500 square feet, the floor plan features a desirable main-level bedroom with a full ensuite bath, perfectly accommodating multi-generational living or long-term guests.
While the home is newly redesigned, the 1989 original construction date may mean some core infrastructure elements lack the efficiency or standards of a modern 21st-century build.
With the primary sanctuary and the majority of bedrooms located on the upper level, the layout may be a drawback for buyers prioritizing single-level living or long-term accessibility.
Perched atop a private cul-de-sac in one of Arroyo Grande’s most sought-after neighborhoods, this newly redesigned luxury estate offers an extraordinary blend of sophistication, comfort, and iconic Central Coast beauty. With panoramic ocean views stretching across the Oceano Dunes, Pismo Beach, and Avila Beach, and serene valley vistas overlooking Edna Valley, this one-of-a-kind residence delivers breathtaking scenery from nearly every room. Spanning approximately 3,583± square feet, the home features 4 bedrooms and 3 beautifully appointed bathrooms, thoughtfully designed to embrace both elegance and livability. Expansive windows—35 in total—flood the interiors with natural light while perfectly framing the surrounding landscapes. Sliding glass and French doors open seamlessly to multiple decks and patios, creating a true indoor-outdoor lifestyle ideal for entertaining or peaceful retreat. The home has been extensively upgraded with premium materials and timeless design. The exterior showcases durable James Hardie cement siding, a new roof with CertainTeed Presidential TL shingles, and seamless gutters with leaf guard protection. Inside, you’ll find wide-plank French oak flooring, plush new carpeting with upgraded padding, fresh designer paint, and custom window coverings throughout. At the heart of the home, the open-concept kitchen, dining, living, and family rooms are anchored by cozy fireplaces, offering both warmth and flow. A main-level bedroom with a fully updated ensuite bath provides ideal accommodations for guests or multi-generational living. Upstairs, the private primary suite is a true sanctuary, complete with a view deck, spa-inspired bathroom featuring quartz countertops, custom cabinetry, and high-end finishes, along with a spacious walk-in closet. Two additional ocean-view bedrooms, a stylish Hollywood bath, and a versatile bonus area complete the upper level. Set on approximately 0.66 acres of professionally landscaped, low-maintenance grounds, the property also includes an oversized three-car garage with ample storage. Located just minutes from the Historic Village of Arroyo Grande, acclaimed wineries, boutique shopping, dining, and the Pacific coastline, this exceptional home captures the very best of luxury Central Coast living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,583 | 2,125 | 87% |
| Lot Size | 28,706 | 10,101 | 74% |
| Price | $2.15M | $1.15M | 91% |
| Price per sq ft | $600 | $541 | 64% |
| Built year | 1989 | 1990 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 169 | 1% |
Apr 7, 2026
$2,149,000
Initial Listing
May 4, 2018
$1,175,000
Public Record