579 Camino Mercado, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 2 bath
579 Camino Mercado
Arroyo Grande, California 93420
Property Price
SUMMARY
Analysis of 579 Camino Mercado, Arroyo Grande, California 93420 is currently available with a list price of $579,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Arroyo Grande Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2007, the property has undergone extensive recent renovations making it completely turnkey. Key updates include newer luxury vinyl plank flooring, custom ceiling work, and inset lighting throughout. The kitchen is highly modernized with granite countertops, a custom backsplash, and newer stainless steel appliances, meeting the standards for a recently renovated, high-quality home.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Coastal Views
The property boasts stunning panoramic views of the Pacific Ocean and city lights, a highly desirable feature that significantly enhances the Central Coast living experience.
- Turnkey Modern Upgrades
This meticulously updated home features luxury vinyl plank flooring, granite countertops, and stainless steel appliances, offering a move-in-ready environment with high-end finishes.
- Prime Location and Accessibility
Ideally situated within walking distance to numerous shops and popular local eateries, providing residents with an active and convenient lifestyle.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
Located in a 55+ senior community, the property has a limited pool of potential buyers, which may impact long-term resale flexibility.
- Compact Living Space
At 1,053 square feet, the interior space and minimal lot size may feel restrictive for buyers transitioning from larger single-family residences.
About 579 Camino Mercado
OPEN HOUSE SUNDAY FEBRUARY 15; 1-4 pm…… 579 Camino Mercado # 518 …. a Central Coast experience at its best! Located in well known Ocean Oaks Condominium Park 55+ community in Arroyo Grande, this 2 bedroom/2 bath completely turnkey condo is ready; looking for that senior who is looking for that Central Coast beach lifestyle with a peek see of the city and panoramic Pacific Ocean view. Upon entering this cozy home with open concept floor plan, you will quickly see the meticulously long list of beautiful updates, including newer luxury vinyl plank flooring, inset lighting throughout the entire space, custom designed ceiling space in the Living Room, newer stainless steel appliances, beautiful cabinetry, and iconic California beach toned granite countertops with custom designed backsplash. Come see the long list of amenities and custom designs this condo has to offer. Living room is staged virtually. Call today for updated info; and don't forget to stop and browse at the numerous shops and eateries almost walking distance from the property; perhaps enjoy a meal at the famous AJ Spurs, located within 1/2 mile!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 1,050 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,053 | 1,097 | 40% |
| Lot Size | 1,050 | 1,097 | 40% |
| Price | $579.9K | $576.9K | 60% |
| Price per sq ft | $551 | $474 | 60% |
| Built year | 2007 | 1987 | 60% |
| HOA | $395.0 | $388 | 80% |
| Days on market | 59 | 178 | 20% |
Pricing History
Listed for Sale
Feb 25, 2026
$579,900
Initial Listing
Price Change
Jan 7, 2026
$584,500
Initial Listing
Sold
Sep 12, 2014
$345,000
Public Record
Sold
Nov 26, 2013
$295,000
Public Record
Sold
Nov 9, 2007
$394,000
Public Record