
Arroyo Grande, California 93420
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,744,467 Fair Market Value by 8%. This valuation gap offers $145,467 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a new roof, Tesla Powerwalls, and a fully redesigned kitchen. Set on 2.69 acres in an equestrian community, it offers a rare blend of modern efficiency and rural privacy. This is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 Ralcoa Way Subject | $1,490,000* List Price | 4 | 2 | 1,915 | $911 | - |
A 2315 Autumn Active | $1,700,000 List Price | 3 | 3 | 1,600 | $1,063 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen and bathrooms are fully redesigned with modern cabinetry and fixtures, and major systems have been replaced, including a new roof, updated plumbing, and a new solar system with Tesla Powerwalls, putting it in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 117176, living area = 2115.
The property has undergone extensive interior and exterior upgrades, including a new roof, windows, flooring, and a fully redesigned kitchen, offering a modern move-in-ready experience.
Featuring a fully paid oversized solar system paired with two Tesla Powerwalls, the home provides exceptional energy efficiency and reliable battery backup capabilities.
The property was recently sold within the past year on 2026-02-19. The sold price is $950,000.00.
The home features four bedrooms but only two bathrooms, which may be a functional drawback for larger households or when hosting guests.
Although located in an equestrian area, specific land uses and future improvements are subject to county requirements and permitting, which could restrict immediate development plans.
Welcome to 655 Ralcoa Way, where extensive improvements, nearly 2.7 acres and exceptional versatility come together to create a truly special Arroyo Grande property. Thoughtfully renovated inside and out, this single-level home combines the space and privacy of a country property with the fresh, turnkey feel of a new home. From the moment you arrive, the transformation is evident. A new concrete driveway leads to the impressive 3-car garage and beautifully refreshed residence. Major improvements include a new roof, a new oversized solar system with TWO Tesla Powerwalls, updated plumbing, new windows, new flooring, new cabinetry throughout, new interior and exterior doors, new custom closets and finishes throughout. Inside, the home feels fresh, bright and completely renewed. The redesigned kitchen features new cabinetry, countertops, appliances and fixtures, while the updated living spaces showcase new flooring, doors and thoughtfully selected finishes. The bathrooms have also been refreshed, creating a cohesive, contemporary feel throughout the home. With so many of the major systems and finishes already replaced, buyers can simply move in and enjoy. Energy efficiency and self-sufficiency are another standout feature. The fully paid oversized solar system, paired with TWO Tesla Powerwalls, provides impressive modern energy savings, battery backup capability and an enhanced degree of energy independence, while the new roof adds even more value and peace of mind. Beyond the main residence, a separate detached shed/outbuilding provides valuable additional space and flexibility. Create a private home office, art studio, creative space, workshop or hobby room, or take advantage of the additional storage. Set in an Equestrian community, on approximately 2.69 acres, the expansive grounds provide room to spread out and endless possibilities for outdoor living, gardens, recreation and future improvements. The acreage may also have potential for horses and equestrian use, subject to applicable zoning, permitting and county requirements. Turnkey, private and beautifully reimagined—655 Ralcoa Way combines acreage, modern upgrades and the freedom to enjoy the best of the Arroyo Grande lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,915 | 2,331.603 |
| Lot Size | 117,176 | 18,472.583 |
| Price | $1.49M | $1.18M |
| Price per sq ft | $778 | $566 |
| Built year | 1988 | 1994 |
| HOA | $0 | $161 |
| Days on market | 23 | 46 |
Sep 4, 2026
$1,490,000
$1,599,000
-7% Price Drop
Initial Listing
Aug 17, 2026
$1,599,000
Initial Listing
Feb 19, 2026
$950,000
Public Record