
Arroyo Grande, California 93420
This Turnkey Dual-Living Property is listed at $954,000, reflecting the premium utility of its dual-unit configuration relative to the $909,891 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a renovated 3-bedroom main home and a fully permitted ADU studio, both updated with luxury vinyl plank flooring, shaker cabinets, and stone countertops. Situated in the Lucia Mar Unified School District with RV parking and private fenced yards, the property offers rare lifestyle flexibility and income potential. This is an ideal acquisition for Owner-Occupants looking to house-hack or Multigenerational Families seeking move-in-ready, legal living spaces.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 575 Carmella Drive Subject | $954,000* List Price | 4 | 3 | 1,428 | $633 | - |
A 544 Carmella Sold | $775,000 | 3 | 2 | 1,120 | $692 | 0.0 mi |
B 654 Woodland Sold | $915,000 | 3 | 2 | 1,549 | $591 | 0.7 mi |
C 807 Park Way Sold | $721,000 | 3 | 2 | 1,344 | $536 | 0.9 mi |
D 182 Fair View Dr Sold | $900,000 | 3 | 2 | 1,350 | $667 | 0.9 mi |
E 857 Forest Glen Drive Pending | $989,000 List Price | 3 | 2 | 1,610 | $614 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1971, the property has undergone an extensive recent renovation and includes a newly permitted ADU conversion. The interior features modern luxury vinyl plank flooring, recessed lighting, and a completely updated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. Bathrooms have been modernized with contemporary vanities and custom tile work, and the overall condition reflects high-quality, move-in-ready standards with no visible deferred maintenance.
The property features two fully permitted living spaces with separate addresses, offering a versatile setup for rental income, multigenerational living, or offsetting mortgage costs.
Unlike many conversions, this ADU has final permits signed off by the City, ensuring legal compliance and a smoother transition for the new owner.
The lot is well-utilized with private fenced backyards for each unit and a dedicated side area for RV or toy parking, providing rare outdoor flexibility for this property type.
The conversion of the garage into an ADU means the property lacks traditional covered parking, which may be a drawback for buyers with multiple vehicles or storage needs.
With only 1,428 total square feet divided between two separate units, the individual living spaces may feel compact, particularly for larger households.
Rare opportunity in Arroyo Grande to own two living spaces on one property. This versatile setup is ideal for owner-occupants, multigenerational living, or investors seeking income potential. The main home offers 3 bedrooms and 2 bathrooms, plus a garage-converted ADU studio, each with its own separate address. Both units feature private fenced backyards, washer and dryer hookups, and individual storage sheds. The ADU includes a waterless tank system for added efficiency. A side area provides space for toys or potential RV parking. Final permits have been signed off by the City. Live in one unit and rent the other to help offset the mortgage, or rent both. Very low-maintenance property in a desirable Arroyo Grande location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,428 | 1,988 | 20% |
| Lot Size | 6,416 | 9,915 | 35% |
| Price | $954.0K | $1.13M | 37% |
| Price per sq ft | $668 | $539 | 83% |
| Built year | 1971 | 1990 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 227 | 175 | 73% |
Feb 25, 2026
$954,000
Initial Listing
Sep 7, 2025
$979,000
Initial Listing
Aug 28, 2024
$635,000
Public Record