Price Reduced Listing
$1,850,000
 $9,931 est/mo Sourced by Back At You

1253 E Grand Avenue,Arroyo Grande, CA 93420

Arroyo Grande, CA 93420

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Description

Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.

Details

MLS #PI26122331
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site72
Listing Provided ByAllan Real Estate Investments | Vincent Allan

Features

ZoningGateway Mixed Use
Acreage0.48
Property ViewYes

Exterior

Lot FeaturesLevel, Rectangular Lot
FencingPartial

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaAG West of Hwy 101
Listing VS Median (in 93420)
Price:
$1,850,000
low | high
Med:
$1,562,500
65.540540540541% of Average
On site:
72
low | high
Med:
255
28.235294117647% of Average
Sourced by Back At You

Market Activity 93420

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Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaAG West of Hwy 101
Listing VS Median (in 93420)
Price:
$1,850,000
low | high
Med:
$1,562,500
65.540540540541% of Average
On site:
72
low | high
Med:
255
28.235294117647% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.387M - $2.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1220 1218 E Grand Avenue Property Photo 1
$1,499,000
1220 1218 E Grand Avenue
Arroyo Grande, CA 93420
Listing Updated: August 21, 2026 at 11:10:58 PM PDT
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