917 Printz, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 3 bed, 2 bath
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Arroyo Grande, California 93420
This Spacious Rural Estate is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,297,561 Fair Market Value by 3%. This valuation gap offers $47,561 in Instant Equity. While the home holds a Well-Maintained Condition Rating with a 2020 roof, the dated interior presents a prime value-add canvas. The 2.5-acre gated lot featuring a barn and hillside views within the Lucia Mar Unified district offers significant lifestyle upside. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Property is moderate renovation needed.
The property is well-maintained with significant structural updates including a newer roof (2020) and gutters (2024). However, the interior is stylistically dated, reflecting its 1977 build year with original features such as popcorn ceilings, a vintage wet bar, and worn shag carpeting. The kitchen and bathrooms are functional but require modernization, featuring older appliances and basic finishes that do not meet current luxury or modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 2095.
The property features 2.5 acres of land secured by a gated entrance and long driveway, offering rare privacy and ample space for a hobby farm, ADU, or equestrian activities with the included barn.
Ideally situated to provide a tranquil country atmosphere while maintaining close proximity to the charming Arroyo Grande Village, local amenities, and Pismo Beach.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =108900, other record lot size in square feet = 108190.
With a build date of 1977, the interior spaces require comprehensive aesthetic updates and modernization to align with current market trends and buyer preferences.
Realizing the property's full potential as a dream estate will require a substantial secondary investment beyond the purchase price for remodeling and landscaping.
Welcome to this rare opportunity in the country but very close to Arroyo Grande and Pismo Beach. This property has 2.5 acres tucked behind a gated entrance and long drive, offering both privacy and potential. This well-maintained 3-bedroom, 2-bath home spans approximately 2,000 square feet and has been lovingly cared for over the years. Inside, you'll find a bright kitchen with a wood burning stove in the breakfast nook. Above the kitchen is a loft that can be used as an office and the entrance to the primary suite. While the home has been cared for and maintained (roof 2020, gutters 2024), it presents an exciting opportunity for the next owner to update and personalize to their taste. Whether you envision a modern refresh or a full transformation into your dream estate. The expansive acreage offers endless possibilities: create a hobby farm, add outdoor entertaining areas, build an ADU, or simply enjoy the open space and serene surroundings. The property also features a barn that can be used as stables. The private setting, combined with the property’s size, makes it ideal for those seeking room to grow while still being conveniently located near Arroyo Grande’s charming village, beaches, and amenities. Whether you're looking for a peaceful retreat or a property to make your own, this property is a canvas ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 2,095 | 2,046.5 | 50% |
| Lot Size | 108,900 | 10,050.5 | 84% |
| Price | $1.25M | $1.14M | 64% |
| Price per sq ft | $597 | $539 | 63% |
| Built year | 1977 | 1990 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 168 | 1% |
Apr 16, 2026
$1,250,000
Initial Listing