575 Carmella Drive, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath

575 Carmella Drive, Arroyo Grande, California 93420 home-pic-0

575 Carmella Drive

Arroyo Grande, California 93420

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,428Sq Ft
6,416Lot Size

Property Price

LIST PRICE$954,000
EST. MARKET VALUE
$909,890
4% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$909,890
Based on Realkey algorithm analyzing recent comparable sales in Arroyo Grande.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
575 Carmella Drive
Subject
$954,000*
List Price
431,428$637-
A
544 Carmella
Sold
$775,000321,120$6920.0 mi
B
654 Woodland
Sold
$915,000321,549$5910.7 mi
C
807 Park Way
Sold
$721,000321,344$5360.9 mi
D
182 Fair View Dr
Sold
$900,000321,350$6670.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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.

PROSSTRENGTHS & OPPORTUNITIES

  • Dual Income Potential

    The property features two fully permitted living spaces with separate addresses, offering a versatile setup for rental income, multigenerational living, or offsetting mortgage costs.

  • Permitted ADU Conversion

    Unlike many conversions, this ADU has final permits signed off by the City, ensuring legal compliance and a smoother transition for the new owner.

  • Enhanced Lot Utility

    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.

CONSRISKS & DEFICIENCIES

  • Loss of Garage Parking

    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.

  • Limited Interior Square Footage

    With only 1,428 total square feet divided between two separate units, the individual living spaces may feel compact, particularly for larger households.

About 575 Carmella Drive

Rare opportunity in Arroyo Grande to own two fully permitted 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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1971
Lot Size
6,416 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
63%
Baths3.03.0
50%
Square foot1,4282,114.5
20%
Lot Size6,4169,156
32%
Price$954.0K$1.20M
37%
Price per sq ft$668$563
78%
Built year19711993
22%
HOA$0$0
50%
Days on market181184
48%

Pricing History

Listed for Sale

Feb 25, 2026

$954,000

Initial Listing

Price Change

Sep 7, 2025

$979,000

Initial Listing

Sold

Aug 28, 2024

$635,000

Public Record

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