960 Buck Ridge Lane, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 5 bed, 4 bath
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Arroyo Grande, California 93420
This Spanish-style Ranch estate represents a High-Potential Investment Opportunity, listed at $2,950,000—positioned well below the $3,063,574 Fair Market Value by 3%. This valuation gap offers $113,574 in Instant Equity. Featuring a newly constructed 2-bedroom ADU, panoramic ocean and mountain views, and an Excellent Condition Rating, the property offers significant versatility. With 2.77 acres and premium amenities like a hot tub and rooftop deck, this estate is ideal for multi-generational families or discerning investors seeking a high-end, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 960 Buck Ridge Lane Subject | $2,950,000* List Price | 5 | 4 | 3,802 | $806 | - |
A 1155 Carpenter Canyon Road Active | $2,475,000 List Price | 4 | 5 | 3,104 | $797 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1985, the property features a newly constructed ADU and significant interior renovations to the main residence. The kitchen and bathrooms have been updated with modern white cabinetry, stone countertops, and stainless steel appliances, while the overall estate is in mint condition with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 120661, living area = 3802.
The property features a main Spanish-style ranch and a newly constructed detached ADU with 2 bedrooms and an office, offering exceptional flexibility for multi-generational living or a premium home office setup.
Situated on 2.77 oak-studded acres, the estate provides a rare level of privacy and tranquility complemented by panoramic mountain, valley, and partial ocean views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3802, other record living area = 2745. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
As a 1980s-built estate on a large lot with well service, the property may require more intensive ongoing maintenance and utility management compared to newer suburban developments.
With a listing price of $2.95M following a 2019 sale of approximately $1.2M, the substantial valuation increase may require strong comparable sales to support the appraisal in the current market.
Set on approximately 2.77 oak-studded acres in Arroyo Grande, this stunning Spanish style Ranch estate offers privacy, character, and sweeping natural beauty with partial ocean views and expansive mountain and tree-lined vistas. The main residence features 3 bedrooms and 3 bathrooms across a thoughtfully designed two-story layout. Inside, an open-concept kitchen flows seamlessly into a light-filled sitting area, surrounded by windows that bring the outdoors in. Open-beamed ceilings, updated finishes, and multiple living spaces create a warm yet elevated atmosphere, ideal for both everyday living and entertaining. With three wood-burning fireplaces, a formal dining room, and direct access to outdoor patios, the home offers a variety of inviting spaces to gather and unwind. Adding exceptional value and versatility, the property includes a newly constructed detached ADU featuring 2 bedrooms, a dedicated office, and a spacious, luxurious bathroom. Perfect for guests, extended family, or a private work-from-home retreat. Designed for true Central Coast living, the grounds are beautifully maintained with drought-tolerant landscaping, multiple irrigation zones, and a variety of fruit trees. Enjoy evenings in the hot tub beneath the oaks, cook and entertain or take in sunsets from the dainty rooftop deck. Additional features include a detached workshop or barn ideal for creative or flexible use, a private paved driveway, and well service. All of this just minutes from the charm, dining, and shops of the Village of Arroyo Grande. A rare opportunity to own a private, multi-residence estate that perfectly blends natural beauty, functionality, and Central Coast lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 3,802 | 2,139.5 | 90% |
| Lot Size | 120,661 | 12,038.5 | 88% |
| Price | $2.95M | $1.13M | 97% |
| Price per sq ft | $776 | $537 | 94% |
| Built year | 1985 | 1989 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 136 | 4% |
May 7, 2026
$2,950,000
Initial Listing
Jul 10, 2019
$1,206,500
Public Record
Jan 30, 2018
$1,200,000
Public Record
Apr 27, 2012
$950,000
Public Record
Jan 5, 2010
$53,500
Public Record
May 5, 2009
$835,000
Public Record