
Arroyo Grande, California 93420
This Single-Level Rancho Grande Residence is listed at $1,599,999, representing a premium entry into a Prime Location compared to the $1,493,145 Fair Market Value. Maintaining a Condition Rating of 4, the interior features original 1999 finishes, offering a significant opportunity for a custom value-add renovation. The property excels with an Expansive 0.35-Acre Lot, Mountain Views, and a functional four-bedroom layout within the Lucia Mar Unified School District, served by Ocean View Elementary (Rating: 8) and Arroyo Grande High. It is a strategic acquisition for Owner-Occupants prioritizing neighborhood prestige or Value-Add Investors looking to modernize a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 680 Matthew Way Subject | $1,599,999* List Price | 4 | 3 | 2,676 | $558 | - |
A 553 Rosemary Sold | $1,215,000 | 3 | 2 | 1,867 | $651 | 0.3 mi |
B 649 Asilo Sold | $1,297,000 | 3 | 2 | 2,145 | $605 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the home is well-maintained and move-in ready but remains largely in its original condition. The kitchen features dated oak cabinetry, white appliances, and a fluorescent light box, while the bathrooms retain 1990s-era gold-trimmed fixtures and glass block windows. While functional, the property shows clear signs of being outdated and requires cosmetic modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15142, living area = 2676.
Situated in the highly sought-after Rancho Grande neighborhood, this property offers a prestigious address in one of Arroyo Grande’s most desirable and established residential settings.
The home features a rare and functional single-story floor plan with four bedrooms and three bathrooms, providing excellent accessibility and a seamless flow between living spaces.
Built in 1999, the interior retains its original finishes and character, which will likely require a substantial additional investment for modern updates and renovations.
At a list price of $1.6 million, the cost of necessary modernization may push the total investment significantly higher than comparable turnkey properties in the area.
Located in one of Arroyo Grande’s most sought-after neighborhoods Rancho Grande, this single-level residence offers 4 bedrooms, 3 bathrooms, and sits on an expansive 0.35-acre lot. Built in 1999, the home features a well-designed floor plan filled with natural light, creating a bright and welcoming atmosphere throughout. The spacious layout offers comfortable living with seamless flow between main living areas, while large windows bring in an abundance of light and enhance the home’s airy feel. The interior retains its original character, presenting a rare opportunity to thoughtfully update and reimagine the space to match your personal style. Set on a generously sized parcel, the property provides ample room for outdoor living, entertaining, or future enhancements. With its prime location, single-story design, and exceptional potential, this home offers a unique opportunity to create something truly special in one of Arroyo Grande’s most desirable settings.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 1.3 mi
Grades 7-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,676 | 2,125 | 74% |
| Lot Size | 15,142 | 10,101 | 59% |
| Price | $1.60M | $1.15M | 82% |
| Price per sq ft | $598 | $541 | 64% |
| Built year | 1999 | 1992 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 169 | 1% |
Apr 15, 2026
$1,599,999
Initial Listing
May 31, 2000
$455,000
Public Record