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 | $554,950* List Price | 2 | 2 | 1,053 | $499 | - |
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 282 Robles Road 19 Sold | $520,000 | 2 | 2 | 1,097 | $474 | 0.3 mi |
D 579 Camino Mercado 510 Active | $549,900 List Price | 2 | 2 | 1,053 | $522 | 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.
Welcome to a move in ready, single level condo in Ocean Oaks a 55+ community. Built in 2007 a 2 bedrooms, 2 baths with a large master bedroom and large ensuite. Master bathroom includes spacious shower with 2 built in benches and a large vanity with plenty of storage space. The second bedroom has easy access to the second bathroom with enclosed custom bathtub. Living room features a fireplace and room for a large couch, recliner, coffee table, entertainment center and your big screen tv. Enjoy your private south facing, sunny patio with views and access from the living room and master suite. Includes a covered parking space and plenty of easy parking directly in front for convenience. Large storage room off the patio and access to the clubhouse to host larger events. If you’re looking for a newer, ground floor condo that is move in ready and low maintenance living, Ocean Oaks is the place. Close to restaurants and shops and a short drive to the beach, park and wineries. Come take a look at a beautifully planned 3.9 acres on the central coast. #209
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 | 1,050 | 1,081.5 |
| Price | $555.0K | $525.4K |
| Price per sq ft | $527 | $480 |
| Built year | 2007 | 1982 |
| HOA | $435.0 | $285 |
| Days on market | 75 | 67 |
Jul 11, 2026
$554,950
$559,000
-1% Price Drop
Initial Listing
May 30, 2026
$559,000
$569,000
-2% Price Drop
Initial Listing
May 8, 2026
$569,000
Initial Listing