
Grover Beach, California 93433
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $1,195,000—positioned above the $1,136,568 Fair Market Value. While priced slightly above market, the property’s Condition Rating of 2 and R2 Zoning provide significant long-term stability. Featuring a dual-wing layout, premium kitchen finishes, and a massive entertainer’s deck, this home offers rare versatility for multi-generational living or high-yield rental strategies. Its proximity to the ocean and modern upgrades make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated beachside lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 363 N 5th Subject 3 bd · 2 ba · 1,799 sqft · $612 | $1,149,000* List Price | 3 | 2 | 1,799 | $612 | - |
A 242 N 6th Street Sold 3 bd · 2 ba · 1,840 sqft · $647 · 0.2 mi | $1,190,000 | 3 | 2 | 1,840 | $647 | 0.2 mi |
B 338 N 6th Sold 3 bd · 3 ba · 1,957 sqft · $687 · 0.1 mi | $1,344,544 | 3 | 3 | 1,957 | $687 | 0.1 mi |
C 30 Jalama Court Sold 3 bd · 2 ba · 1,200 sqft · $704 · 1.0 mi | $845,000 | 3 | 2 | 1,200 | $704 | 1.0 mi |
D 149 Brighton Avenue Sold 2 bd · 2 ba · 1,200 sqft · $704 · 0.2 mi | $845,000 | 2 | 2 | 1,200 | $704 | 0.2 mi |
E 602 Balboa Street Sold 3 bd · 3 ba · 2,000 sqft · $466 · 0.7 mi | $932,000 | 3 | 3 | 2,000 | $466 | 0.7 mi |
F 700 Mira Mar Court Sold 4 bd · 3 ba · 2,100 sqft · $469 · 0.7 mi | $985,000 | 4 | 3 | 2,100 | $469 | 0.7 mi |
G 1590 Manhattan Active 4 bd · 2 ba · 1,318 sqft · $702 · 0.9 mi | $924,999 List Price | 4 | 2 | 1,318 | $702 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1947, the property has been fully transformed with a high-end renovation likely completed within the last 2-3 years. The kitchen and bathrooms feature modern premium finishes like quartz countertops, custom cabinetry, and a rain shower. The systems, windows, and outdoor living spaces appear new and in mint condition, requiring no maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1799.
Situated on a premier R2 lot, the property features a unique dual-wing design with a private-entrance flex suite and kitchenette, ideal for multi-generational living or high-yield rental strategies.
The backyard serves as a high-end open-air retreat, boasting a massive entertainer’s deck and a professional-grade built-in BBQ station fully equipped with a smoker and beverage fridge.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Originally constructed in 1947, the property may have underlying structural or utility components that reflect its age, despite the extensive cosmetic and functional upgrades.
While located just blocks from the ocean, the property offers hill views rather than direct Pacific vistas, which may be a drawback for buyers seeking a primary oceanfront experience.
Coastal Versatility Meets Luxury Outdoor Living in this fully transformed 3-bedroom, 2-bathroom beachside oasis. Situated just blocks from the ocean on a spacious R2 lot, this beautifully remodeled property offers an exceptional combination of modern finishes, generous outdoor living, and a flexible floor plan designed to adapt to the way you live. Whether used as a full-time residence, vacation getaway, space for extended family and guests, or a home with room to spread out, this property offers possibilities that are anything but ordinary. The heart of the home features a radiant, open-concept living and kitchen area filled with natural California sunlight. The beautifully appointed kitchen showcases premium quartz countertops, custom solid wood cabinetry, a farmhouse sink, and an expansive skylight. Two bright bedrooms and a full bathroom with a solid wood vanity are thoughtfully positioned nearby, with one bedroom opening directly onto a private morning coffee patio. Continuing through the home, a spectacular additional living space creates even more room to relax, entertain, work, or accommodate family and guests. With its own private entrance, exposed timber ceilings, and cozy tile fireplace, this spacious retreat offers remarkable flexibility and can easily function as a second living room, guest retreat, home office, entertainment space, or private primary suite. A sleek, updated kitchenette with subway tile and stainless-steel appliances adds convenience and versatility, while the spa-inspired bathroom features a double farmhouse vanity and walk-in rain shower. New Milgard Tuscany French doors open to a massive entertainer's deck, positioned to capture refreshing Pacific breezes and vibrant west-facing sunsets. The expansive backyard creates a true open-air retreat with a covered outdoor dining area, lush lawn, and high-end built-in BBQ station complete with smoker, warming drawer, and beverage fridge. Thoughtfully remodeled and beautifully presented, this distinctive beachside property offers the rare opportunity to enjoy modern luxury with the flexibility to make the home work beautifully for a variety of lifestyles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,799 | 1,503.647 |
| Lot Size | 7,500 | 4,162.882 |
| Price | $1.15M | $801.9K |
| Price per sq ft | $639 | $562 |
| Built year | 1947 | 1985 |
| HOA | $0 | $207 |
| Days on market | 44 | 47 |
Oct 8, 2026
$1,149,000
$1,195,000
-4% Price Drop
Initial Listing
Sep 10, 2026
$1,195,000
Initial Listing
Apr 24, 2023
$1,095,000
Public Record
Jun 30, 2021
$600,000
Public Record