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Sold for $1,600,000 on 01/09/24
  • $1,600,000

    587 Valley Rd, Arroyo Grande, CA 93420

    2beds
    1,658sqft
    Single Family Residence
    Built in 1938
    7.32 Acres Lot
    $-- Zestimate®
    $965/sqft
    $2,887 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,887/mo

    Zestimate® history
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    What's special

    This 1938 Ranch has a lot of possibilities! This 7.3 acre ranch could be a multigenerational family compound, development opportunity, farm, investment or horse property.This property can be split into up to (5) 1 acre plus lots. Buyer to check with city of Arroyo Grande to verify.There is a 2 bedroom 2 Bathroom home, Living Room with very intricate woodwork and a wood burning rock fireplace, kitchen, a bonus room with french doors out to a large front deck, part of the home has been converted into an attached 1 bedroom 1 bath apartment with a full kitchen and laundry. There is a detached studio with an area for kitchenette, 3/4 bath, living room, bedroom area and a large deck.The garage is approximately 1,000 Sq. Ft. it has upgraded electrical, large picture windows, and front door. This building offers a lot of possibilities. The lower section of the property is prime farmland, great for a garden, fruit trees or a large pasture. The new owner will have to connect to city sewer and water,located at the bottom of driveway. The property is being sold 'AS IS' seller will do no reports or repairs. Seller will provide a home warranty.

    Zillow last checked: 8 hours ago

    Listing updated: September 29, 2024 at 04:15pm

    Listed by:

    Cynthia Harrigan DRE#: 02000329 805-441-6300,

    Century 21 Masters

    Bought with:

    Alexandra Irene Watanabe, DRE#: 02082955

    Redfin Corporation

    Source: North Santa Barbara County MLS,MLS#: 23001850MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Lower
    Dining room
    • Features: In Living
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Oven/Range-Gas, Dryer, Refrigerator, Microwave, Washer, Dishwasher
    • Laundry: Inside
    Features
    • Flooring: Carpet, Wood
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,658
    • Total interior livable area: 1,658 sqft

    Property

    Features
    • Levels: One
    • Patio & porch: Deck
    Lot
    • Size: 7.32 Acres
    • Features: Horses Allowed
    Details
    • Additional structures: Tool Shed, Guest House, Workshop, Additional Dwelling Unit
    • Parcel number: 006095025
    • Zoning description: Single Family
    • Special conditions: Agent Rel/Princ
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Raised
    • Roof: Metal,Shingle
    Condition
    • Year built: 1938

    Utilities & green energy

    • Water: Well
    • Utilities for property: Cable Available
    Green energy
    • Green verification: Unknown
    • Energy efficient items: Unknown
    • Energy generation: None

    Community & neighborhood

    Location
    • Region: Arroyo Grande

    Other

    Other facts
    • Listing terms: New Loan,Cash

    Price history

    DateEventPrice
    1/9/2024Sold$1,600,000-3%$965/sqft
    Source: North Santa Barbara County MLS #23001850 Report a problem
    1/2/2024Pending sale$1,650,000$995/sqft
    Source: CRMLS #PI23057877 Report a problem
    10/29/2023Contingent$1,650,000$995/sqft
    Source: CRMLS #PI23057877 Report a problem
    10/4/2023Price change$1,650,000-7%$995/sqft
    Source: CRMLS #PI23057877 Report a problem
    7/3/2023Listed for sale$1,774,000-1.4%$1,070/sqft
    Source: CRMLS #PI23057877 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,433 +1404.5%$1,632,000 +1386.1%
    2024$1,159 +1.2%$109,817 +2%
    2023$1,145 +1.5%$107,665 +2%

    Find assessor info on the county website

    Neighborhood: 93420

    Nearby schools

    GreatSchools rating
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