579 Camino Mercado, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 2 bed, 2 bath
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Arroyo Grande, California 93420
This Single-Story Condominium represents a Strong Value Opportunity, listed at $569,000—positioned above the $526,296 Fair Market Value. While the property carries a premium, it maintains a Good Condition Rating and offers a turnkey lifestyle with a private south-facing patio and city light views. Located in the Lucia Mar Unified district, this home provides low-maintenance living near Central Coast amenities. It is an ideal acquisition for first-time buyers or downsizing owner-occupants seeking a move-in ready residence in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 579 Camino Mercado Subject | $559,000* List Price | 2 | 2 | 1,053 | $497 | - |
A 579 Camino Mercado 215 Sold | $453,000 | 2 | 2 | 1,053 | $430 | 0.0 mi |
B 579 Camino Mercado Avenue S 305 Sold | $587,500 | 2 | 2 | 960 | $612 | 0.0 mi |
C 289 Hillcrest Sold | $510,000 | 2 | 2 | 1,097 | $465 | 0.3 mi |
D 282 Robles Road 19 Sold | $520,000 | 2 | 2 | 1,097 | $474 | 0.3 mi |
E 579 Camino Mercado 518 Active | $559,950 List Price | 2 | 2 | 1,053 | $532 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 19 years old, fitting the 10-20 year 'Good' criteria. The listing and images show a well-maintained, move-in ready interior with functional systems and modern features like a master ensuite and fireplace.
Ideally situated near beaches, wineries, and local amenities, offering a quintessential California lifestyle with high convenience and accessibility.
Built in 2007, this single-story home features a spacious master suite with custom upgrades and a fireplace, perfect for those seeking low-maintenance, accessible living.
The south-facing sunny patio provides private outdoor living with city light views, enhancing the property's appeal and providing a rare sense of openness for a condominium.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1050, other record lot size in square feet = 3000.
The $435 monthly HOA fee adds a significant recurring cost to ownership, which may impact the overall affordability for budget-conscious buyers.
With 1,053 square feet of living space, the interior layout is relatively modest, which may limit appeal for buyers requiring larger rooms or dedicated home office space.
Single story 2 bedroom 2 bath. Enjoy your own private south facing, sunny patio with views. Living room features a fireplace. Large master bedroom with spacious ensuite, master bathroom including spacious shower with 2 benches and door. Enclosed custom bathtub. Covered parking spot and plenty of easy parking directly in front for convenience. Large storage . Clubhouse hosts many events to enjoy. If you're looking for affordable, low maintenance living, this is your place! close to many shops and restaurants. A short drive to the beach, parks and wineries allows you to experience all the benefits of living on the Central Coast! Ocean Oaks is set on 3.98 acres.
No exterior & parking available.
No sensitive facilities data found.
| 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 | $559.0K | $520.0K | 80% |
| Price per sq ft | $531 | $474 | 80% |
| Built year | 2007 | 1984 | 60% |
| HOA | $435.0 | $395 | 60% |
| Days on market | 29 | 72 | 20% |
May 30, 2026
$559,000
$569,000
-2% Price Drop
Initial Listing
May 8, 2026
$569,000
Initial Listing