1097 Grieb Drive, Arroyo Grande, CA 93420
1097 Grieb Drive, Arroyo Grande, CA 93420
Property Description
Major price improvement! This two-story townhome in east Arroyo Grande offers a functional layout and a central location, making it an excellent choice for a primary residence or an investment property. The neighboring unit at 1095 Grieb is also for sale, offering an opportunity to own two adjoining units! The main floor features a living room centered around a gas fireplace, flowing into the kitchen and dining area. Practical amenities on this level include a walk-in pantry, a dedicated laundry room, an updated half bath, and direct access to an outdoor patio and one-car attached garage. The upper level contains both bedrooms for added privacy. The primary suite includes a private balcony, a walk-in closet, and a large en suite bathroom. A guest bedroom is situated near the second full bathroom, which offers a tub/shower combination and additional storage. Residents enjoy access to the community clubhouse and a location that provides proximity to shopping, gyms, and Highway 101. This low-maintenance property is currently tenant-occupied through January 2027 for immediate rental income!
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Arroyo Grande · Single Family Residence
Listed 27.9% below the median closed sale of $692,000. Price per sqft ($380) is a 27% discount to closed comps ($520).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1095 Grieb Drive | Arroyo Grande | 1979 | 2 | 3 | 1,312 | 1,582 | $380 | $499,000 | 94 | 98 |
| 232 Elm | Arroyo Grande | 1983 | 2 | 3 | 1,331 | 1,331 | $436 | $580,000 | 59 | 94 |
| 857 Mesa Drive | Arroyo Grande | 1975 | 2 | 2 | 1,064 | 4,615 | $587 | $625,000 | 11 | 79 |
| 105 Le Point Street | Arroyo Grande | 1961 | 2 | 2 | 1,200 | 24,000 | $1,041 | $1.25M | 78 | 79 |
| 579 Camino Mercado | Arroyo Grande | 2007 | 2 | 2 | 1,053 | 1,050 | $520 | $547,500 | 73 | 76 |
| Total: 5 · Average | 2.0 | 2.4 | 1,192 | 6,515.6 | $592.8 | $700,100 | 63 | |||
| Median | 1,200 | $580,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1113 Grieb Drive | Arroyo Grande | 1979 | 05/27/2026 | 2 | 1 | 1,057 | 1,500 | $599,000 | $610,000 | $577 | 1.02 | 32 | 83 |
| 421 Golden West Place | Arroyo Grande | 1971 | 10/08/2026 | 3 | 2 | 1,307 | 5,665 | $724,000 | $698,000 | $534 | 0.96 | 97 | 82 |
| 1158 Pacific Pointe | Arroyo Grande | 1989 | 07/08/2026 | 3 | 2 | 1,326 | 2,650 | $689,000 | $656,000 | $495 | 0.95 | 38 | 79 |
| 634 Halcyon | Arroyo Grande | 1970 | 08/26/2026 | 3 | 2 | 1,394 | 9,000 | $775,000 | $770,000 | $552 | 0.99 | 55 | 77 |
| 1189 Pacific Pointe Way | Arroyo Grande | 1988 | 05/14/2026 | 3 | 3 | 1,564 | 2,700 | $695,000 | $692,000 | $442 | 1.00 | 34 | 77 |
| Total: 5 · Average | 2.8 | 2.0 | 1,329.6 | 4,303 | $685,200 | $685,200 | $520 | — | 51.2 | ||||
| Median | 1,326 | $692,000 | $692,000 | ||||||||||
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.