507 Grand Canyon, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 2 bath
507 Grand Canyon
Paso Robles, California 93446
Property Price
SUMMARY
Analysis of 507 Grand Canyon, Paso Robles, California 93446 reveals a property with a current list price of $1,075,000, which is 12% above the estimated $957,461 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Paso Robles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 Grand Canyon Subject | $1,075,000* List Price | 3 | 2 | 2,172 | $441 | - |
A 218 Red River Drive Sold | $763,000 | 3 | 2 | 1,921 | $397 | 0.2 mi |
B 518 Grand Canyon Drive Sold | $950,000 | 3 | 2 | 2,353 | $404 | 0.1 mi |
C 912 Salida Del Sol Sold | $1,080,000 | 4 | 3 | 2,635 | $410 | 0.5 mi |
D 1113 Vinaza Road Active | $989,990 List Price | 3 | 2 | 2,126 | $466 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and shows high pride of ownership. Although built in 2002 with mostly original kitchen and bathroom finishes, the home is exceptionally well-maintained with minimal wear and tear. It features functional systems, a nearly new swim spa, and a clean, open-concept layout that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 2172.
- Versatile Single-Level Layout
The 2,172 sq ft floor plan features a dedicated office with built-ins and an open-concept design, offering perfect functionality for remote work and modern living on a single level.
- Exceptional Outdoor Living
Situated on a large 11,000 sq ft lot, the property boasts a spacious deck with scenic hill views and a nearly new swim spa, creating a private and luxurious backyard retreat.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
Built in 2002, some interior elements like the solid surface countertops and original cabinetry may require modernizing to align with the expectations of contemporary luxury buyers at this price point.
- Sloped Lot Topography
The multi-level backyard configuration with stairs leading to the lower patio indicates a sloped terrain, which may limit the amount of flat, usable lawn space for children or pets.
About 507 Grand Canyon
Welcome to this beautifully appointed 3-bedroom, 2-bath (plus office) single-level home offering 2,172± square feet of thoughtfully designed living space on an expansive 11,000± sq ft lot. Step inside to an inviting open-concept layout highlighted by a three-sided gas fireplace that elegantly connects the living and dining rooms - creating warmth and ambiance from every angle. The dedicated office features built-in cabinetry, providing the perfect space for remote work or creative pursuits. The spacious kitchen is designed for both everyday living and entertaining, showcasing solid surface countertops, abundant cabinetry, and a generous walk-in pantry. The private primary suite serves as a relaxing retreat with a walk-in closet and sliding glass door that opens directly to the deck - ideal for enjoying peaceful mornings or evening sunsets. Outdoor living shines with a spacious deck overlooking picturesque oak-studded hills. Stairs lead to a lower patio featuring a nearly new swim spa, creating your own backyard oasis for relaxation and recreation. Additional highlights include a 3-car garage, indoor laundry room with counter and cabinet space, surround sound capabilities, and views! Experience comfort, functionality, and scenic beauty all in one exceptional Paso Robles property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 11,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,172 | 1,790.5 | 70% |
| Lot Size | 11,000 | 9,583 | 54% |
| Price | $1.07M | $775.0K | 82% |
| Price per sq ft | $495 | $440 | 69% |
| Built year | 2002 | 1990 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 184 | 0% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,075,000
Initial Listing
Sold
May 20, 2005
$610,000
Public Record
Sold
Sep 27, 2002
$443,000
Public Record
Sold
Jan 23, 2002
$99,500
Public Record