979 Noyes, Arroyo Grande, California 93420, Arroyo Grande, 93420 - 4 bed, 3 bath
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Arroyo Grande, California 93420
Analysis of 979 Noyes, Arroyo Grande, California 93420 is currently available with a list price of $2,300,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The structures were built in 1986, making them approximately 38 years old, which falls into the 'Poor' category (>30y). The listing lacks interior photos of kitchens and baths and emphasizes the 27-acre land value and subdivision potential over the dwellings' condition, suggesting the homes likely require significant rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1166972, living area = 2212.
The expansive 27-acre lot with RS zoning offers significant subdivision possibilities, providing a unique opportunity for investors or developers to maximize land value.
Featuring two separate residences and two private wells, the property is perfectly configured for multi-generational living or generating immediate rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1166972, other record lot size in square feet = 1176555. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2212, other record living area = 1552. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1986, the existing structures may require cosmetic or functional updates to meet the modern luxury standards typically expected at this price point.
Subdivision potential is subject to verification with local planning authorities, introducing regulatory uncertainty and potential hurdles for future development.
OCEAN VIEWS. Discover an outstanding opportunity with this versatile 27 acre property offering privacy, space and possible future investment potential. Featuring two homes and two wells with RS zoning. One house is approx. 660 sq. ft. 1 bed 1 bath, the other approx. 1552 sq. ft. 3 bed 2 bath. This unique property is ideal for multi-generational living, rental income, or a private estate. With its generous acreage and favorable zoning the property may offer subdivision potential (buyer to verify with local planning authorities), making it an attractive option for investors and developers alike. Whether you are looking for a peaceful country retreat, a working property or land with future possibilities, this rare offering combines existing improvements with long tern value. Close to shopping, schools and ocean. What more could you want.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,212 | 2,434.5 |
| Lot Size | 1,166,972.375 | 19,593.3 |
| Price | $2.30M | $1.15M |
| Price per sq ft | $1.0K | $545 |
| Built year | 1986 | 1997 |
| HOA | $0 | $152 |
| Days on market | 20 | 49 |
Jul 2, 2026
$2,300,000
Initial Listing
Jan 19, 2007
$1,000,000
Public Record