579 Camino Mercado 510, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 2 bath
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Arroyo Grande, California 93420
This Immaculate 55+ Condominium is a Strong Value Opportunity, listed at $549,900—positioned well above the $523,585 Fair Market Value by 5%. While priced slightly above market, the property offers a Good Condition Rating and features Accessible Single-Level Living with elevator access and Peek-a-boo Ocean Views from a private deck. Its turnkey status and coastal location provide a serene lifestyle for those seeking a low-maintenance residence. This is an ideal acquisition for Downsizing Retirees or Owner-Occupants prioritizing comfort and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 579 Camino Mercado 510 Subject | $519,900* List Price | 2 | 2 | 1,053 | $479 | - |
A 579 Camino Mercado 215 Sold | $453,000 | 2 | 2 | 1,053 | $430 | 0.0 mi |
B 289 Hillcrest Sold | $510,000 | 2 | 2 | 1,097 | $465 | 0.3 mi |
C 579 Camino Mercado Active | $554,950 List Price | 2 | 2 | 1,053 | $527 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (18 years old), the property falls within the 10-20 year range for 'Good' condition. The kitchen is well-maintained with functional stainless steel appliances and an updated tile backsplash, and the bathrooms appear clean and move-in ready with no visible deferred maintenance.
Located on the second floor with elevator access, this single-level unit offers the privacy and light of an upper floor without the burden of stairs, perfectly catering to the 55+ demographic.
The property features a private patio with peek-a-boo ocean views and mountain vistas, providing a serene and highly desirable coastal atmosphere that enhances property value.
Built in 2008 and maintained in immaculate condition, this condo offers a move-in-ready experience with a contemporary layout that flows easily for comfortable, elegant living.
As a 55+ community, the property has a restricted buyer pool, which limits marketability to a specific demographic and excludes younger families or general investors.
The $435 monthly HOA fee adds a significant recurring expense to the cost of ownership, which may be a consideration for buyers on a fixed income.
This immaculate 2-bedroom, 2-bath condo in a sought-after 55+ community checks every box for comfortable, elegant coastal living. Step out onto your private patio and catch those peek-a-boo OCEAN VIEWS — the kind that never get old. The entire unit is single-level, tucked on the second floor with elevator access, so you get the best of both worlds: the privacy and light of an upper floor without a single step to navigate once you’re there. Everything flows easily, everything feels right. Whether you’re downsizing from a larger home or simply ready to trade yard work for sunsets, this one delivers. Note: Some photos containing furniture/decor have been virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,053 | 1,081.5 |
| Lot Size | - | 1,081.5 |
| Price | $519.9K | $525.4K |
| Price per sq ft | $494 | $480 |
| Built year | 2008 | 1982 |
| HOA | $435.0 | $285 |
| Days on market | 28 | 67 |
Jul 20, 2026
$519,900
$549,900
-5% Price Drop
Initial Listing
Jun 25, 2026
$549,900
Initial Listing
Jun 22, 2016
$351,000
Public Record
Jan 22, 2010
$324,000
Public Record