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575 Carmella Drive, Arroyo Grande, CA 93420

$825K4bd · 3ba · 1,428 sqft
Lot 6,416 sqft•Single Family Residence•
Active
•141d on market•MLS# PI-26112744

Property Description

MAJOR PRICE REDUCTION—NOW $825,000! EXCELLENT OPPORTUNITY FOR INVESTORS OR OWNER-OCCUPANTS! Welcome to Arroyo Grande! A versatile Central Coast property offering comfort, flexibility, and income potential. 3-bedroom, 2-bath home with a permitted attached garage conversion offering a private living space complete with a kitchenette, full bathroom, private entrance, separate address, separate electrical meter, and separate laundry. This versatile space is ideal for multigenerational living, extended family, guests, a private home office, or potential rental income (buyer to verify all intended uses and local regulations).Additional features include a brand-new carport, provides convenient covered parking. Conveniently located just minutes from the beach, shopping, restaurants, and everything the Central Coast lifestyle has to offer.

Features & Amenities

FeeBuilt 1971

Property Details

Land Type
Fee
Year Built
1971
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Forced Air
Cooling
None
View
None
Flooring
Laminate
Roof
Shingle, Composition
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byUnknown Office, Berta Barrientos-Guerrero

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,171.65
Principal & Interest
Loan Amount
$660,000
Total Interest
$841,794
Total Payment Over 30 Years
$1,501,794
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

575 Carmella Drive, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$825K
Affordable Tier
Beds
4
Baths
3
Sqft
1,428
Lot
6,416 sqft
Year
1971
$/Sqft
$578
Pool: No✓
Spa: No✓
View: None✓

Listed 7.1% above the median closed sale of $770,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $825K· $578/sqft
Total list price
Closed comps
vs closed median $770K
+$55K (+7.1%)
Active comps
vs active median $887K
−$62K (−7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $578
+$0 (+0.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
864 Willow LaneArroyo Grande1960321,5127,860$614$929,000280
903 Sandalwood AvenueArroyo Grande1955321,5566,333$513$799,0002079
617 CornwallArroyo Grande1962311,6966,250$516$875,0002978
302 MasonArroyo Grande1905431,6706,750$686$1.15M15777
1044 Fair Oaks AvenueArroyo Grande1986321,5858,454$560$887,0003076
Total: 5 · Average3.22.01,603.87,129.4$577.8$927,00047.6
Median1,585$887,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
421 Golden West PlaceArroyo Grande197110/08/2026321,3075,665$724,000$698,000$5340.969786
634 HalcyonArroyo Grande197008/26/2026321,3949,000$775,000$770,000$5520.995583
1015 SycamoreArroyo Grande197408/21/2026321,5158,200$894,000$870,000$5740.977582
330 StagecoachArroyo Grande197906/19/2026421,7137,405$1.07M$1.07M$6281.006879
1176 Maple StreetArroyo Grande195906/24/2026321,3038,100$840,000$760,000$5830.919779
Total: 5 · Average3.22.01,446.47,674$834,600$834,600$574.2—78.4
Median1,394$770,000$770,000

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.