Livingroom with hardwood floors, sliding glass doors to private patio
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579 Camino Mercado, 409, Arroyo Grande, CA 93420

$549K2bd · 2ba · 1,053 sqft
Lot 1,050 sqft•HOA $435/mo•Condominium•
Active
•52d on market•MLS# SC-26182532

Property Description

Wake up to gorgeous hardwood floors underfoot and natural sunlight pouring through the windows in this single-level condo tucked into Ocean Oaks. Arroyo Grande's 55+ community is set high in the hills with views toward the coastal mountains and the Pacific. This is easy, low-maintenance living in one of the Central Coast's most convenient areas. The main-level unit conveniently allows for everything on one floor, no stairs to manage, and a community clubhouse that makes day-to-day life and social interaction simple. Two bedrooms and two bathrooms (both with walk-in showers) give you room to spread out or host friends and family. The kitchen has been tastefully updated for those who still enjoy cooking. The full-size stackable washer and dryer are located in the hallway and are included. Step out to your own private patio for morning coffee or a quiet evening. Ocean Oaks sits minutes from the historic Village of Arroyo Grande, with its shops, restaurants and weekly farmers' market, and just a short drive to Pismo Beach for sunset ocean views. Arroyo Grande Community Hospital and everyday medical care are close by for added peace of mind, and easy Highway 101 access makes it simple for family to visit. Information is deemed reliable, but not guaranteed.

Features & Amenities

FeeBuilt 2008

Property Details

Land Type
Fee
Year Built
2008
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Fireplace(s)
Cooling
None
Flooring
Wood
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byBHGRE HAVEN PROPERTIES, Misty Perhach

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,776.04
Principal & Interest
Loan Amount
$439,200
Total Interest
$560,175
Total Payment Over 30 Years
$999,375
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 · 3 closed

579 Camino Mercado, 409, Arroyo Grande, CA 93420

Arroyo Grande · Condominium

$549K
Affordable Tier
Beds
2
Baths
2
Sqft
1,053
Lot
1,050 sqft
Year
2008
$/Sqft
$521
Pool: No✓
Spa: No✓
View: water✓
Garage: 1-car✓

Listed in line with the median closed sale of $550,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $549K· $521/sqft
Total list price
Closed comps
vs closed median $550K
−$1K (−0.2%)
Active comps
vs active median $539K
+$10K (+1.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $498
+$23 (+4.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
579 Camino MercadoArroyo Grande2008221,0530$475$499,90010892
579 Camino MercadoArroyo Grande2007221,0531,050$527$554,95015692
579 Camino MercadoArroyo Grande2007229680$557$539,0006690
280 Spruce StreetArroyo Grande1982221,1001,155$485$534,00012882
1221 Farroll AvenueArroyo Grande1982221,2541,254$447$560,0002480
Total: 5 · Average2.02.01,085.61,153$498.2$537,57096.4
Median1,053$539,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1215 FarrollArroyo Grande198306/17/2026221,0731,073$599,000$599,000$5581.004686
1165 MapleArroyo Grande198006/04/2026221,0901,090$515,000$515,000$4721.0014784
278 SpruceArroyo Grande198205/07/2026221,1551,155$519,000$550,000$4761.062780
Total: 3 · Average2.02.01,1061,106$554,666.667$554,666.667$502—73.33333333333333
Median1,090$550,000$550,000

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.