350 Corbett Canyon, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath
Loading property details...
Arroyo Grande, California 93420
This Custom Single-Level Country Retreat is a High-Potential Investment Opportunity, listed at $1,599,000—positioned well below the $1,636,457 Fair Market Value by 2%. This valuation gap provides $37,457 in Instant Equity. While maintaining a Fair Condition Rating with a brand-new roof and skylights, the 3,042 sq. ft. interior offers significant value-add potential through cosmetic modernization. Situated on a one-acre lot near the historic Arroyo Grande Village within the Lucia Mar Unified district, it perfectly balances rural privacy with urban convenience. This is an ideal acquisition for Owner-Occupants seeking to build equity or Multi-generational Families desiring space and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 Corbett Canyon Subject | $1,599,000* List Price | 4 | 3 | 3,042 | $538 | - |
A 195 Big Canyon Court Sold | $1,315,000 | 3 | 3 | 2,216 | $593 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but reflects its 1994 construction with largely original finishes. While it features a brand-new roof and skylights, the interior shows significant signs of being outdated, including 1990s-style green carpeting, wallpaper borders, and traditional brass light fixtures. The 'country kitchen' and bathrooms, while functional, lack modern updates, placing the home firmly in the fair category for its age and style.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 3042.
Situated on over an acre of prime land, this property offers a rare blend of rural tranquility and privacy while remaining exceptionally close to the shops, dining, and culture of Arroyo Grande Village.
The 3,042 square foot custom-built floor plan provides the highly desirable convenience of single-story living, featuring large bedrooms with walk-in closets and multiple inviting living spaces.
Built in 1994 with a traditional country aesthetic, the interior may require modern updates to the kitchen and bathrooms to meet the expectations of contemporary luxury buyers.
The property is subject to a $500 association fee, which adds to the monthly carrying costs and may be a deterrent for buyers seeking a fully independent rural retreat.
This Arroyo Grande treasure is situated on a very special piece of time-honored land. A custom built rural country retreat with deep roots, history, location and space, all located very close to downtown Arroyo Grande Village where you will enjoy coffee houses , numerous restaurants, bakeries, music in the park and local farmers market. From the historic trees to the relaxing front porch, meandering gardens and back yard patio, all make this home a traditional country dream home. This 4 bedroom, 3 bath home cascades over one acre of prime Arroyo Grande land. With approximately 3042 Sq Ft of single level living, this home features a family room and living room with beautiful brick fireplaces, country kitchen with large island bar, sunny kitchen nook and walk-in pantry. All of the bedrooms are very spacious with walk-in closets. A huge dining room area over looks the back yard landscape and french doors that invite you to the outdoor nature oasis. There is a very spacious laundry/hobby room, bay windows to let in the natural sunshine and tons of storage through out the home. In addition to the oversized three car garage, there is a huge attic space accessed by built in stairs, RV parking and a spacious outdoor shed. A new roof and skylights were just installed. Come relax, kick back listen to the birds sing and enjoy this very special property.
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 | 3,042 | 2,061.5 | 82% |
| Lot Size | 43,560 | 10,050.5 | 78% |
| Price | $1.60M | $1.14M | 82% |
| Price per sq ft | $526 | $537 | 45% |
| Built year | 1994 | 1991 | 51% |
| HOA | $500.0 | $0 | 94% |
| Days on market | 21 | 168 | 1% |
Apr 1, 2026
$1,599,000
Initial Listing