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232 South Elm, Arroyo Grande, CA 93420

$580K2bd · 3ba · 1,331 sqft
Lot 1,331 sqft•HOA $455/mo•Single Family Residence•
Active
•60d on market•MLS# PI-26176512

Property Description

This townhome invites you to embrace the relaxed Central Coast lifestyle, with the charm and amenities of Arroyo Grande right at your fingertips. Upstairs, you’ll find two spacious bedrooms, including a peaceful primary suite featuring a walk-in closet, private balcony, and a thoughtfully designed vanity area separate from the shower—perfect for making busy mornings a little easier. Convenient upstairs laundry adds to the home’s easy, functional layout. The second bedroom is generously sized with a full bathroom just across the hall. An open staircase, vaulted ceilings, and an airy, open-concept floor plan create a wonderful sense of space throughout the home. The versatile loft adds even more flexibility—ideal for a home office, second living area, reading retreat, workout space, or whatever fits your lifestyle.Downstairs, gather around the fireplace on cozy coastal evenings or open the French doors and extend your living space into the private, charming courtyard—an inviting spot for morning coffee, outdoor dining, entertaining friends, or simply enjoying the Central Coast weather. Everyday living is made even more convenient with direct access to the two-car garage, dedicated guest parking near the front entrance, and additional street parking.Whether you’re searching for your first home, looking to simplify, or dreaming of a Central Coast retreat, this inviting Arroyo Grande townhome offers the perfect blend of comfort, flexibility, and relaxed coastal living.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
None
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byVerenice White, Broker, Verenice White

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,932.80
Principal & Interest
Loan Amount
$464,000
Total Interest
$591,806
Total Payment Over 30 Years
$1,055,806
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

232 South Elm, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$580K
Affordable Tier
Beds
2
Baths
3
Sqft
1,331
Lot
1,331 sqft
Year
1983
$/Sqft
$436
Pool: No✓
Garage: 2-car✓

Listed 16.2% below the median closed sale of $692,000. Price per sqft ($436) is a 16% discount to closed comps ($520).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $580K· $436/sqft
Total list price
Closed comps
vs closed median $692K
−$112K (−16.2%)
Active comps
vs active median $625K
−$45K (−7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $487
−$51 (−10.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1097 Grieb DriveArroyo Grande1979231,3121,500$380$499,0009494
1095 Grieb DriveArroyo Grande1979231,3121,582$380$499,0009493
857 Mesa DriveArroyo Grande1975221,0644,615$587$625,0001280
1123 Fair OaksArroyo Grande1982321,53616,159$529$812,0003079
1044 Fair Oaks AvenueArroyo Grande1986321,5858,454$560$887,0003177
Total: 5 · Average2.42.41,361.86,462$487.2$664,40052.2
Median1,312$625,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1158 Pacific PointeArroyo Grande198907/08/2026321,3262,650$689,000$656,000$4950.953882
1189 Pacific Pointe WayArroyo Grande198805/14/2026331,5642,700$695,000$692,000$4421.003479
1113 Grieb DriveArroyo Grande197905/27/2026211,0571,500$599,000$610,000$5771.023279
634 HalcyonArroyo Grande197008/26/2026321,3949,000$775,000$770,000$5520.995578
421 Golden West PlaceArroyo Grande197110/08/2026321,3075,665$724,000$698,000$5340.969778
Total: 5 · Average2.82.01,329.64,303$685,200$685,200$520—51.2
Median1,326$692,000$692,000

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.