
Arroyo Grande, California 93420
This Single Family Residence is a Strong Value Opportunity, listed at $799,000—positioned well below the $832,878 Fair Market Value by 4%. This valuation gap offers $33,878 in Instant Equity for the buyer. The property maintains a Good Condition Rating, featuring a remodeled kitchen and flexible sunroom. While the unpermitted square footage requires due diligence, the location near Lucia Mar Unified schools and beach access provides significant lifestyle appeal. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 S Elm Subject 3 bd · 3 ba · 1,800 sqft · $444 | $759,000* List Price | 3 | 3 | 1,800 | $444 | - |
A 421 Golden West Place Sold 3 bd · 2 ba · 1,307 sqft · $534 · 0.2 mi | $698,000 | 3 | 2 | 1,307 | $534 | 0.2 mi |
B 1484 Ash Street Sold 3 bd · 2 ba · 1,370 sqft · $533 · 0.5 mi | $730,000 | 3 | 2 | 1,370 | $533 | 0.5 mi |
C 281 Chelsea Court Sold 3 bd · 2 ba · 1,820 sqft · $535 · 0.9 mi | $973,000 | 3 | 2 | 1,820 | $535 | 0.9 mi |
D 555 S Halcyon Sold 4 bd · 2 ba · 1,498 sqft · $501 · 0.5 mi | $750,000 | 4 | 2 | 1,498 | $501 | 0.5 mi |
E 1178 Pacific Pointe Way Sold 2 bd · 2 ba · 1,300 sqft · $538 · 0.1 mi | $700,000 | 2 | 2 | 1,300 | $538 | 0.1 mi |
F 617 Cornwall Active 3 bd · 1 ba · 1,696 sqft · $516 · 0.9 mi | $875,000 List Price | 3 | 1 | 1,696 | $516 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property has undergone significant aesthetic renovations including modern laminate flooring, fresh interior paint, and a remodeled kitchen featuring butcher block countertops and subway tile backsplash. The home appears well-maintained and move-in ready; however, the unpermitted sunroom and the overall age of the structure and systems keep it in the 'Good' category rather than 'Excellent'.
The home features a flexible floor plan including a dedicated office and a 221 sq ft sunroom with vaulted ceilings, providing significant functional space for a home gym, lounge, or playroom.
Ideally situated west of Highway 101, the property offers excellent proximity to beach access, local parks, and the Edna Valley wine region, ensuring a high-demand lifestyle location.
The interior boasts attractive updates including butcher block countertops, subway tile backsplashes, and a primary suite with dramatic vaulted ceilings and quarter-moon windows.
The 221 sq ft sunroom is unpermitted, which may present challenges regarding appraisal valuations, financing, or future building code compliance.
Built in 1964, the property may require ongoing maintenance or updates to aging mechanical and structural systems compared to newer residential developments.
PRICE REDUCTION: Now $759,000, reduced from $799,000! Welcome to this charming 3 bedroom, 2.5 bathroom single-level home, tucked behind a classic white picket fence on a brick-accented lot. Inside, a flexible floor plan offers a dedicated office and a bright 221sq ft sunroom (unpermitted) with vaulted, tongue-and-groove wood ceilings. Perfect as a bonus lounge, playroom, or home gym, and adding valuable extra living space beyond the home's recorded footprint (1579sq ft). The living room's tiled fireplace with a sleek black mantel anchors a warm, open layout, while the kitchen impresses with butcher block counters, subway tile backsplash, & gas range. The primary suite is a true retreat, featuring dramatic vaulted ceilings with striking quarter-moon windows, a walk-in closet, and an en-suite bathroom. A generous dining area sits just off the kitchen, and ample storage throughout, including a bank of built-in cabinets in the attached garage. Two separate laundry setups, one in the garage and one in the sunroom with a soaking sink, add everyday convenience. Outside, enjoy a low-maintenance backyard with automatic drip irrigation, brick-lined planting beds, and a paver patio seating area, all framed by mature wood fencing for privacy. Just steps from a neighborhood park and playground, less than 3 miles to beach access and Highway 101, and only 10 miles from the beautiful Edna Valley wine region. This home offers an unbeatable Central Coast location close to shopping, dining, and everyday conveniences. Don't miss this versatile Arroyo Grande gem, schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,800 | 2,290.855 |
| Lot Size | 5,700 | 17,332.316 |
| Price | $759.0K | $1.21M |
| Price per sq ft | $422 | $575 |
| Built year | 1964 | 1994 |
| HOA | $0 | $155 |
| Days on market | 35 | 46 |
Oct 22, 2026
$759,000
$799,000
-5% Price Drop
Initial Listing
Sep 19, 2026
$799,000
Initial Listing
Jan 13, 2023
$655,000
Public Record
Aug 28, 2013
$335,000
Public Record
Mar 6, 2002
$296,000
Public Record