1020 Meadow Way, Arroyo Grande, CA 93420
1020 Meadow Way, Arroyo Grande, CA 93420
Property Description
Welcome to Leisure Gardens, where comfort, convenience, and thoughtful design come together in this inviting two-story condominium. The main level features an open-concept layout connecting the living room, dining area, and kitchen, creating an easy flow for everyday living and entertaining. A corner fireplace adds warmth and character to the living room, while the kitchen offers breakfast bar seating and a convenient half bath for guests. Sliding glass doors off the dining area open to a private, courtyard-style porch, creating a pleasant outdoor space for morning coffee, relaxing, or enjoying an evening outdoors. Upstairs, you’ll find two bedrooms and a full bathroom, providing a comfortable separation between living and sleeping areas. The property also includes a two-car garage with direct access into the condo and a private patio area located between the residence and garage. Leisure Gardens offers a clubhouse for residents to enjoy, and the complex is conveniently located just a short distance from shopping and everyday amenities. A wonderful opportunity to enjoy low-maintenance condominium living in a convenient setting.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 3 closed
Arroyo Grande · Condominium
Listed 5.8% below the median closed sale of $550,000. Price per sqft ($392) is a 22% discount to closed comps ($502). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1221 Farroll Avenue | Arroyo Grande | 1982 | 2 | 2 | 1,254 | 1,254 | $447 | $560,000 | 24 | 94 |
| 1223 Farroll Ave | Arroyo Grande | 1982 | 2 | 2 | 1,254 | 1,254 | $438 | $549,000 | 51 | 93 |
| 280 Spruce Street | Arroyo Grande | 1982 | 2 | 2 | 1,100 | 1,155 | $485 | $534,000 | 128 | 90 |
| 579 Camino Mercado | Arroyo Grande | 2008 | 2 | 2 | 1,053 | 1,050 | $521 | $549,000 | 52 | 78 |
| 579 Camino Mercado | Arroyo Grande | 2008 | 2 | 2 | 1,053 | 0 | $475 | $499,900 | 108 | 76 |
| Total: 5 · Average | 2.0 | 2.0 | 1,142.8 | 1,178.25 | $473.2 | $538,380 | 72.6 | |||
| Median | 1,100 | $549,000 | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 278 Spruce | Arroyo Grande | 1982 | 05/07/2026 | 2 | 2 | 1,155 | 1,155 | $519,000 | $550,000 | $476 | 1.06 | 27 | 91 |
| 1165 Maple | Arroyo Grande | 1980 | 06/04/2026 | 2 | 2 | 1,090 | 1,090 | $515,000 | $515,000 | $472 | 1.00 | 147 | 88 |
| 1215 Farroll | Arroyo Grande | 1983 | 06/17/2026 | 2 | 2 | 1,073 | 1,073 | $599,000 | $599,000 | $558 | 1.00 | 46 | 87 |
| Total: 3 · Average | 2.0 | 2.0 | 1,106 | 1,106 | $554,666.667 | $554,666.667 | $502 | — | 73.33333333333333 | ||||
| Median | 1,090 | $550,000 | $550,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.