585 Via La Barranca, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 3 bed, 3 bath
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Arroyo Grande, California 93420
This Versatile Village Residence is a Prime Investment Opportunity, listed at $1,099,000—positioned well below the $1,125,231 Fair Market Value by 2%. This valuation gap offers $26,231 in Instant Equity. Featuring a Condition Rating of 3, the home includes owned solar panels, a spacious deck, and a 9,720 sq. ft. lot in the Lucia Mar Unified district. Walking distance to the historic Village, it balances lifestyle appeal with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 585 Via La Barranca Subject | $1,099,000* List Price | 3 | 3 | 1,945 | $574 | - |
A 555 Ladera Sold | $975,000 | 3 | 2 | 1,650 | $591 | 0.1 mi |
B 379 Oro Sold | $1,200,000 | 3 | 3 | 1,931 | $621 | 0.7 mi |
C 241 La Cresta Dr Sold | $1,160,000 | 3 | 3 | 2,253 | $515 | 0.9 mi |
D 406 Spanish Moss Sold | $910,000 | 3 | 2 | 1,443 | $631 | 0.3 mi |
E 243 Cross Sold | $1,130,000 | 4 | 3 | 1,734 | $652 | 0.7 mi |
F 807 Plata Road Sold | $1,100,000 | 3 | 2 | 1,978 | $556 | 0.6 mi |
G 565 Rosemary Ln Active | $1,215,000 List Price | 3 | 2 | 1,867 | $651 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978 but exceptionally well-maintained and move-in ready. The property features updated flooring, a modern primary closet system, and owned solar panels. While the kitchen and laundry areas show some dated elements like oak cabinetry and popcorn ceilings, the overall functional condition and pride of ownership align with the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9720, living area = 1945.
Situated in a quiet cul-de-sac within walking distance to the historic Village of Arroyo Grande, offering residents easy access to premium shopping, dining, and local charm.
The property features owned solar panels, providing significant long-term utility savings and an eco-friendly advantage in the California market.
Built in 1978, the home may require modern cosmetic updates or system upgrades to meet the expectations of buyers looking for contemporary finishes.
The laundry facilities are located in the garage rather than a dedicated interior utility room, which can be a convenience drawback at this price point.
Tucked away on its own corner in a quiet cul-de-sac, this beautiful 3-bedroom, 2.5-bath home offers the perfect mix of charm, comfort, and location. Situated in one of the area’s most desirable neighborhoods, the home offers added privacy thanks to its unique setting and is within walking distance to the Village of Arroyo Grande, where you can enjoy great shops, restaurants, and charming small-town appeal. Designed for both everyday living and entertaining, the home features two spacious sitting rooms, a large primary suite that feels like a private retreat, and a fun, thoughtfully designed layout where the dining area, seating spaces, and kitchen seamlessly transition together, creating a warm and welcoming atmosphere and making it a great space for family gatherings and entertaining. The exterior offers even more to love with a beautiful outdoor deck, extra parking for larger vehicles, and fruit trees lining the side yard. Additional highlights include owned solar for energy efficiency, beautiful natural light due to its large bay windows, an additional utility room, pantry storage, and a laundry room in the garage for extra space, along with great curb appeal. This is a rare opportunity to own a beautifully maintained home in an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,945 | 2,066.5 | 46% |
| Lot Size | 9,720 | 11,704 | 42% |
| Price | $1.10M | $1.12M | 44% |
| Price per sq ft | $565 | $537 | 57% |
| Built year | 1978 | 1989 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 136 | 4% |
May 1, 2026
$1,099,000
Initial Listing
Jun 26, 2003
$437,000
Public Record