775 Avenida Alcola, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 4 bath

775 Avenida Alcola, Arroyo Grande, California 93420 home-pic-0

775 Avenida Alcola

Arroyo Grande, California 93420

ACTIVE
CONDITION: GOOD
4Beds
4Baths
5,200Sq Ft
71,438.398Lot Size

Property Price

LIST PRICE$3,150,000
EST. MARKET VALUE
$3,230,843

SUMMARY

Analysis of 775 Avenida Alcola, Arroyo Grande, California 93420 reveals a Fairly Priced Property with a current list price of $3,150,000  aligned with the estimated $3,230,843 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Arroyo Grande Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,230,843
Based on Realkey algorithm analyzing recent comparable sales in Arroyo Grande.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2010, this property falls perfectly into the 10-20 year age bracket for a 'good' condition rating. The home is move-in ready and features high-end finishes such as a gourmet kitchen with Wolf appliances, custom cabinetry, and granite countertops. While the Tuscan-inspired aesthetic is consistent with its construction year rather than a recent modern renovation, the property has been exceptionally well-maintained with premium materials like engineered wood flooring, Jeld-Wen windows, and multiple fireplaces.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 71438, living area = 5200.

  • Exceptional Panoramic Views

    The property offers unparalleled vistas of the Pacific Ocean, Edna Valley vineyards, and San Luis Obispo peaks, maximized by expansive Jeld-Wen windows and a 50-foot view deck.

  • Versatile Living & Guest Spaces

    Beyond the main residence, the home includes a 500 sq. ft. guest studio with a kitchenette and private access, plus dedicated rooms for a library, gym, and office, offering immense flexibility.

CONSRISKS & DEFICIENCIES

  • Multi-Level Accessibility

    The expansive 5,200 sq. ft. layout is spread across multiple levels, which may be a concern for buyers seeking single-level living, despite the provision for a future elevator.

  • High Maintenance Requirements

    The scale of the home, the complexity of its custom finishes, and the large lot size suggest significant ongoing maintenance and utility costs to keep the estate in peak condition.

About 775 Avenida Alcola

Perched to capture sweeping coastal and valley vistas, this magnificent Tuscan-inspired villa creates a sophisticated yet relaxing atmosphere. Absolutely incredible panoramic views extend to the Pacific Ocean, the Edna Valley, and beyond to the peaks of San Luis Obispo. A welcoming foyer features an elevated beamed ceiling and a beautiful custom wood and iron staircase. The thoughtfully designed floor plan offers elegant engineered wood flooring throughout the main level, complemented by natural wood-beamed ceilings. Five fireplaces throughout the home create a warm and intimate ambiance, while numerous Jeld-Wen windows provide abundant natural light and showcase the surrounding views. The main level includes a gourmet kitchen featuring custom cabinetry with sliding pull-out drawers, a Wolf cooktop with hand-crafted vent hood, built-in refrigerator, wine fridge, spacious granite countertops, and walk-in pantry. The adjoining great room with a wood-burning fireplace offers access on both sides to outdoor living spaces, making it ideal for entertaining. One side opens to a view deck over 50 feet in length, where picturesque vistas of the valley, vineyards, and ocean await. The opposite side leads to a protected courtyard with its own fireplace, creating a relaxed setting to enjoy sunsets and sweeping views. An additional south-facing courtyard is the perfect spot for morning coffee or breakfast as the sun rises above the oak trees. The owner’s suite is a tranquil retreat featuring an elevated ceiling, fireplace, and private view deck. The en-suite bathroom includes a separate soaking tub, walk-in closet, and a spacious step-in shower with valley and ocean views. Two additional guest suites each offer their own bathrooms, with one featuring a private view deck. Additional spaces include a library, gym, and office, each offering flexibility for a variety of uses or potential conversion to additional bedrooms. The home also features abundant storage throughout, including two closets intentionally designed for a future elevator if desired. On the lower level is a approximately 500 sq ft guest studio complete with kitchenette, full bathroom, private access, and private patio. A hobby room is conveniently located near the oversized three-car garage. Surrounded by over 4,500 acres of protected open space, Las Ventanas Ranch is a highly sought-after, exclusive custom home community, located just minutes from the Village of Arroyo Grande and San Luis Obispo.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2010
Lot Size
71,438.398 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
63%
Baths4.03.0
75%
Square foot5,2002,149.5
98%
Lot Size71,438.3989,373.5
81%
Price$3.15M$1.20M
97%
Price per sq ft$606$563
64%
Built year20101994
82%
HOA$0$0
50%
Days on market54184
8%

Pricing History

Listed for Sale

Mar 6, 2026

$3,150,000

$3,290,000

-4% Price Drop

Initial Listing

Price Change

Jan 12, 2026

$3,290,000

Initial Listing

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