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Arroyo Grande, CA 93420,587 Valley RD
Arroyo Grande, CA 93420,587 Valley RD
Arroyo Grande, CA 93420,587 Valley RD
$1,600,000
Est. payment /mo
$1,650,000
3.0%
Est.Price: ?

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2 Beds
2 Baths
1,658 SqFt
SOLD DATE : 01/09/2024

Key Details

Sold Price $1,600,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,658 sqft

Price per Sqft $965

Subdivision West Of 101(1000)

MLS Listing ID PI23057877

Bedrooms 2

Full Baths 2

Year Built 1938

Lot Size 7.320 Acres

Property Description

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. There are so many ways this property can be used. Split into 5 single parcels call city to confirm. There is a 2 bedroom house with 2 bathrooms, living room with very intricate woodwork and a rock wood burning fireplace with a cabin feel, kitchen, bonus room with french doors leading out to large front deck, part of the main house 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 a kitchenette, 3/4 bath, Living room, Bedroom area and a large deck with two entrances. There is also a very large detached garage/storage room with a bonus room that could be an office and a seperate 3/4 bath. This building is currently being used as storage and an art studio. This garage is approximately 1,000 Sq. Ft. it has upgraded electrical, large picture windows, and a sliding glass door. This building offers a lot of possibilities.
The lower section of the property is prime farmland, great for garden, fruit trees or a large pasture. The NEW Owner will need to connect to city Sewer and water, located at the bottom of driveway.
Property is being sold "AS IS" Pest Report and Home Inspection have been done, Seller will not do any other reports and no repairs. Seller will provide a Home warranty. Seller has repaired the plumbing issue's called out on the home inspection.

Location

State CA

County San Luis Obispo

Area Arrg - Arroyo Grande

Zoning RR

Rooms

Other Rooms Guest House Detached, Outbuilding, Shed(s), Storage, Corral(s), Stable(s)

Interior

Heating Fireplace(s), Wall Furnace

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplaces Type Insert, Living Room, Wood Burning Stove

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Exterior Feature Awning(s)

Parking Features On Site, Uncovered, Unpaved, Workshop in Garage

Fence Fair Condition

Pool None

Community Features Biking, Rural

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Available, Overhead Utilities

View Y/N Yes

View City Lights, Hills, Ocean, Pasture

Roof Type Metal

Building

Lot Description 0-1 Unit/Acre, Garden, Gentle Sloping, Horse Property, Lot Over 40000 Sqft, Pasture, Near Public Transit

Story One

Foundation Raised

Sewer Septic Type Unknown

Water Agricultural Well, Shared Well

New Construction No

Schools

Elementary Schools Harloe

Middle Schools Paulding

High Schools Arroyo Grande

School District Lucia Mar Unified

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cynthia Harrigan • Century 21 Hometown Realty, Arroyo Grande Office • 805-441-6300
Bought with General NONMEMBER • NONMEMBER MRML
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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