555 Newport Avenue, Grover Beach, California 93433, Grover Beach, 93433 - 3 bed, 2 bath
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Grover Beach, California 93433
This Ocean-View Coastal Residence is a High-Potential Investment Opportunity, listed at $879,000—positioned below the $885,984 Fair Market Value by 1%. This valuation gap offers $6,984 in Instant Equity. Boasting a Condition Rating of 4, the interior features quartz countertops and laminate flooring less than a mile from the surf. The R2-zoned lot provides significant development upside within the Lucia Mar Unified district. This property is ideal for Owner-Occupants seeking a beachside sanctuary or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Newport Avenue Subject | $879,000* List Price | 3 | 2 | 1,430 | $620 | - |
A 120 Park View Sold | $820,000 | 3 | 2 | 1,453 | $564 | 0.3 mi |
B 1657 Newport Avenue Sold | $855,000 | 3 | 2 | 1,334 | $641 | 0.8 mi |
C 204 Ocean View Avenue Sold | $950,000 | 2 | 2 | 1,631 | $582 | 0.3 mi |
D 1747 Brighton Avenue Sold | $825,000 | 3 | 3 | 1,702 | $485 | 0.8 mi |
E 360 Dover Court Active | $780,000 List Price | 3 | 2 | 1,266 | $616 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is well-maintained and move-in ready but shows signs of being outdated. While it features some modern updates like quartz countertops and laminate plank flooring, other components such as the kitchen cabinetry, fluorescent ceiling light boxes, and vinyl flooring in the dining area reflect older styles that have not undergone a full recent renovation.
The property offers desirable ocean views and is situated less than one mile from the beach, providing immediate access to the Central Coast's premier surf and sand.
Located on an R2-zoned lot, this property presents a significant investment opportunity for future expansion or the addition of a second unit.
The home features contemporary upgrades including quartz countertops and laminate plank flooring, offering a move-in-ready aesthetic for buyers.
Built in 1961, the property may require ongoing maintenance or updates to aging structural and mechanical systems common in homes of this era.
At 1,430 square feet, the interior layout may feel restrictive for larger families or those seeking the expansive floor plans found in newer constructions.
Welcome to 555 Newport Avenue, a darling beach house in the heart of Grover Beach, offering ocean views and located less than one mile from the sand and surf. Set on an R2 lot, this property provides both immediate coastal enjoyment and future potential. The home exudes charm and invites you to embrace the relaxed Central Coast lifestyle. Enjoy convenient access to the beach, afternoons exploring nearby dunes and parks, and evenings unwinding with ocean views and coastal sunsets from the comfort of home. The 3 bedroom, 2 bath interior offers a warm and functional layout featuring laminate plank style flooring, along with tile and quartz countertops. An indoor laundry area adds everyday convenience, while the private backyard provides a comfortable outdoor space complete with a storage shed for additional utility. Grover Beach is known for its laid back atmosphere, local dining, and coastal access, while just minutes away you’ll find the Pismo Beach pier and oceanfront restaurants, the Village of Arroyo Grande with its shops and farmers market, Avila Beach’s scenic bay and golf course, and the vibrant downtown of San Luis Obispo with dining, boutiques, and year-round events. Whether you are seeking a full-time residence, vacation getaway, or investment opportunity, this property presents a rare opportunity to own in a desirable coastal location with ocean views and close proximity to everything that makes Central Coast living so special. Schedule your personal tour today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,430 | 1,449 | 49% |
| Lot Size | 6,750 | 6,000 | 80% |
| Price | $879.0K | $830.0K | 56% |
| Price per sq ft | $615 | $585 | 56% |
| Built year | 1961 | 1978 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 175 | 2% |
Apr 9, 2026
$879,000
Initial Listing
Dec 8, 2006
$480,000
Public Record