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169 Cimarron, Arroyo Grande, CA 93420

$1.45M3bd · 2ba · 1,478 sqft
Lot 309,712 sqft•Single Family Residence•
Active
•56d on market•MLS# PI-26179107

Property Description

A RARE CENTRAL COAST OPPORTUNITY- 7 ACRES, EQUESTRIAN LIFESTYLE AND MULTI HOME POTENTIAL. SELLER IS GIVING A $22,000 CREDIT TO BUY YOUR INTEREST RATE DOWN WITH ACCEPTABLE OFFER. THIS HOME AND PROPERTY TRULY REFLECTS PRIDE OF OWNERSHIP Move straight in with the animals. The property has already been thoughtfully developed for horses, country living and entertaining--offering improvements that can take years to create. The established equestrian facilities include a 100' x 100' sand riding arena, sand round pen, six horse paddocks with shelters, a large rear pasture, separate turnout pasture, tack space, tie rail/wash area and perimeter fencing. Generous trailer and equipment parking makes the property exceptionally functional for the serious horse owner or recreational equestrian. One of the property's most exciting features is an additional potential building site, that already has the electric meter established!Creating an opportunity to explore a second residence, guest house, multigenerational living or family compound, subject to buyer verification and applicable County approvals. If meets county requirements there's a potential to add 3 ADU's! The grounds themselves are immaculate and have been carefully maintained, with multiple sitting and entertaining areas positioned throughout the acreage. A hilltop She Shed offers a private retreat or creative space, while three Sea Train storage containers and an additional storage building provide substantial room for tack, feed, equipment, tools and recreational toys. At the center of it all is a well-maintained 3-bedroom, 2-bath home built in 2018 with an open floor plan, high ceilings, custom cabinetry, walk-in pantry and new luxury vinyl flooring. A private well with reverse-osmosis system serves the home, and the solar system includes three backup batteries. All of this is located just minutes from the beach and convenient easy freeway access to Arroyo Grande, San Luis Obispo and Santa Maria. The land is ready. The horse facilities are established. The grounds are immaculate. The possibilities are already here.

Features & Amenities

FeeBuilt 2018

Property Details

Land Type
Fee
Year Built
2018
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
None
View
Mountain(s)
Flooring
Vinyl
Roof
Shingle
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byUnknown Office, Katie Lynn Griffith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,324.40
Principal & Interest
Loan Amount
$1,158,800
Total Interest
$1,477,986
Total Payment Over 30 Years
$2,636,786
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

169 Cimarron, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$1.45M
Affordable Tier
Beds
3
Baths
2
Sqft
1,478
Lot
7.11 ac
Year
2018
$/Sqft
$980
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed 67.5% above the median closed sale of $865,000. Price per sqft ($980) is a 59% premium to closed comps ($617). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.45M· $980/sqft
Total list price
Closed comps
vs closed median $865K
+$584K (+67.5%)
Active comps
vs active median $887K
+$562K (+63.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $578
+$402 (+69.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
864 Willow LaneArroyo Grande1960321,5127,860$614$929,000278
1123 Fair OaksArroyo Grande1982321,53616,159$529$812,0003077
903 Sandalwood AvenueArroyo Grande1955321,5566,333$513$799,0002076
280 Tally HoArroyo Grande1938321,36812,135$672$919,000676
1044 Fair Oaks AvenueArroyo Grande1986321,5858,454$560$887,0003176
Total: 5 · Average3.02.01,511.410,188.2$577.6$869,20017.8
Median1,536$887,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1344 AshArroyo Grande200508/13/2026321,4454,627$799,000$799,000$5531.0011882
416 BakemanArroyo Grande200709/14/2026321,3804,121$865,000$865,000$6271.005882
270 Walnut StreetArroyo Grande195405/22/2026321,47020,954$959,000$960,000$6531.003681
1323 GlenbrookArroyo Grande200706/17/2026321,3805,233$899,000$900,000$6521.003581
519 StarlightArroyo Grande199910/02/2026321,4034,683$829,000$840,000$5991.014180
Total: 5 · Average3.02.01,415.67,923.6$872,800$872,800$616.8—57.6
Median1,403$865,000$865,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.