
Arroyo Grande, California 93420
This Single-Family Residence represents a Strong Value Opportunity, listed at $1,850,000—positioned well below the $1,874,340 Fair Market Value by 1.3%. This valuation gap offers $24,340 in Instant Equity. Featuring a Condition Rating of 4, the home offers Panoramic Ocean Views, an Owned Solar System with Battery Bank, and a 3-Car Garage with RV Bay. While the finishes allow for modernization, the expansive lot provides significant lifestyle appeal. This property is an ideal acquisition for Owner-Occupants or Discerning Buyers seeking coastal luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 273 Mercedes Lane Subject 4 bd · 2 ba · 2,492 sqft · $752 | $1,850,000* List Price | 4 | 2 | 2,492 | $752 | - |
A 103 Quail Ridge Court Sold 5 bd · 3 ba · 2,499 sqft · $750 · 0.5 mi | $1,875,000 | 5 | 3 | 2,499 | $750 | 0.5 mi |
B 680 Matthew Way Sold 4 bd · 3 ba · 2,676 sqft · $607 · 0.9 mi | $1,625,000 | 4 | 3 | 2,676 | $607 | 0.9 mi |
C 447 Cuerda Corte Sold 3 bd · 3 ba · 2,746 sqft · $710 · 0.4 mi | $1,950,000 | 3 | 3 | 2,746 | $710 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 30-year-old home is exceptionally well-maintained, clean, and features great upgrades like owned solar with a battery bank. However, the kitchen cabinetry and bathroom finishes are dated to its original era and would benefit from modern cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2492.
The property offers exceptional ocean and city-light views from the living areas, primary suite, and a tiered backyard sitting area, capturing the quintessential Central Coast aesthetic.
Equipped with an owned solar system and a dedicated battery bank, the home provides significant utility savings and a reliable power source, a high-value asset for modern homeowners.
With only two bathrooms serving four bedrooms and nearly 2,500 square feet of living space, the ratio may be a drawback for larger families or high-end buyers expecting more facilities.
Built in 1996, the home may require cosmetic updates to its original finishes to align with the contemporary luxury standards expected at the $1.85M price point.
Set on a large, beautifully landscaped lot in Arroyo Grande East, this single-level four-bedroom home pairs expansive ocean and city-light views with the kind of spaces that make even ordinary days feel just that much more special. Minutes from the Village of Arroyo Grande, the setting offers a wonderful balance of connection, privacy, and coastal ease. From the street, the home makes a beautiful first impression with lush lawns, swaying palms, and an attached three-car garage with a dedicated RV bay. Inside, abundant natural light fills the living room, where a fireplace and ceiling fan create a warm, comfortable place to gather. The living room opens directly to an incredible pergola shaded patio, creating an inviting outdoor space where ocean views are front and center. The kitchen is designed for both cooking and conversation, with a generous island, breakfast bar, pantry, abundant cabinetry, stainless steel appliances, gas cooktop, and double wall ovens. A bright breakfast nook looks out toward the neighborhood and the views beyond, while the formal dining room adds built-in storage and a more traditional setting for entertaining. The primary suite is a true highlight, with its own fireplace insert, backyard access, walk-in closet, and spacious ensuite featuring a walk-in shower and accessibility features. Three additional bedrooms and a full bathroom offer flexibility for family, guests, an office, or whatever life calls for. Hallway storage and a dedicated laundry room with cabinetry and utility sink add the practical touches that make this home work beautifully day to day. Owned solar with a battery bank adds energy independence and the freedom of having your own reliable power source. Outside, the landscaped backyard rises gently toward a sitting area at the top of the property, creating yet another place to pause and take in the panoramic ocean and city-light views. From morning coffee to evening sunsets, the setting keeps reminding you why living on the Central Coast is so special. A welcoming home, a generous lot, and views that never get old. This is Arroyo Grande living with a distinctly coastal point of view.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.8 |
| Square foot | 2,492 | 2,290.855 |
| Lot Size | 20,038 | 17,332.316 |
| Price | $1.85M | $1.21M |
| Price per sq ft | $742 | $575 |
| Built year | 1996 | 1994 |
| HOA | $0 | $155 |
| Days on market | 29 | 46 |
Sep 25, 2026
$1,850,000
Initial Listing
Nov 14, 2007
$1,075,000
Public Record
Apr 14, 2006
$1,100,000
Public Record
Apr 5, 1996
$165,000
Public Record