
Grover Beach, California 93433
This Versatile Coastal Residence is listed at $1,295,000, reflecting its Excellent Condition Rating and rare Zoning R2 status. Positioned near the $1,202,617 Fair Market Value, the price fairly reflects the property's unique Flexible Living & Income Potential, including a private-entrance guest suite and updated kitchenette. The home features Premium Modern Renovations like quartz countertops, an expansive back deck, and Peek-a-boo Ocean Views within the Lucia Mar Unified School District. This turnkey coastal retreat is an ideal match for Owner-Occupants or Multi-generational Families seeking a blend of lifestyle luxury and financial utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 363 N 5th St Subject | $1,295,000* List Price | 0 | 0 | 1,799 | $668 | - |
A 834 N 5th Street Sold | $985,000 | 3 | 2 | 1,807 | $545 | 0.4 mi |
B 465 Park View Sold | $1,350,000 | 3 | 3 | 2,053 | $658 | 0.2 mi |
C 604 Ocean View Pending | $1,550,000 List Price | 4 | 3 | 2,068 | $750 | 0.3 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 undergone an extensive and high-quality recent renovation. It features modern kitchens with quartz countertops and stainless steel farmhouse sinks, spa-inspired bathrooms with walk-in rain showers, luxury vinyl plank flooring, and energy-efficient mini-split HVAC systems. All interior and exterior components, including Milgard windows and recessed lighting, appear new and meet current design standards with no visible deferred 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 spacious R2 lot, the home features a unique layout with a private-entrance guest suite and kitchenette, making it ideal for multi-generational living or generating rental income to offset a mortgage.
The property boasts high-quality upgrades throughout, including quartz countertops, Milgard Tuscany windows, luxury vinyl plank flooring, and energy-efficient mini-split HVAC systems for independent climate control.
While the property currently offers peek-a-boo views, achieving the advertised panoramic ocean vistas would require the significant additional cost and permitting complexity of constructing a second story.
Originally built in 1947, the home may have underlying aged infrastructure or structural elements that require more ongoing maintenance compared to a contemporary build, despite the extensive recent updates.
Beautifully updated 3-bedroom, 2-bath home, ideally located just a few blocks from the beach on a spacious R2 lot. Whether you're seeking multi-generational living or an opportunity to offset your mortgage with rental income, this property offers exceptional flexibility. The front of the home welcomes you with a bright, open-concept kitchen designed to impress—featuring quartz countertops, solid wood cabinetry, a farmhouse-style stainless steel sink, sleek tile backsplash, and a large skylight that fills the space with natural light. Two well-appointed bedrooms and a full bathroom with a solid wood vanity complete this section, with one bedroom offering direct access to a private patio. The back of the home opens up to a stunning flex space with its own private entrance—perfect as a guest suite, second living area, or oversized primary retreat. This inviting space showcases exposed wood beam ceilings, a cozy tile fireplace, and seamless indoor-outdoor flow to an expansive back deck. The generously sized back bedroom features new French doors and west-facing exposure, capturing ocean breezes and sunset light. An updated kitchenette with stainless steel appliances and subway tile backsplash adds even more convenience. Unwind in the spa-inspired bathroom, complete with a double farmhouse vanity and a walk-in rain shower. Additional highlights include a dedicated laundry room, multiple French doors leading to the backyard, and peek-a-boo ocean and dune views—with potential for panoramic ocean vistas from a future second story (buyer to verify). Upgrades throughout include Milgard Tuscany windows and doors, luxury vinyl plank flooring, recessed lighting, modern fixtures, and energy-efficient HVAC system with AC mini split for independent climate control of front and back of home. Outside is an entertainer’s dream backyard—featuring a covered dining patio, built-in BBQ area with smoker, warming drawer, and beverage refrigerator, plus a spacious seating area ideal for a fire pit. The lush lawn provides plenty of room for outdoor activities and relaxation. A rare opportunity to enjoy coastal living with built-in flexibility and future potential—schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 1,799 | 1,453 | 73% |
| Lot Size | 7,500 | 6,000 | 84% |
| Price | $1.29M | $830.0K | 93% |
| Price per sq ft | $720 | $585 | 78% |
| Built year | 1947 | 1978 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 175 | 2% |
Apr 8, 2026
$1,295,000
Initial Listing
Apr 24, 2023
$1,095,000
Public Record
Jun 30, 2021
$600,000
Public Record