Living Room, Virtually Staged
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579 Camino Mercado, 510, Arroyo Grande, CA 93420

$500K2bd · 2ba · 1,053 sqft
HOA $435/mo•Condominium•
Active
•108d on market•MLS# PI-26135366

Property Description

This immaculate 2-bedroom, 2-bath condo in a sought-after 55+ community checks every box for comfortable, elegant coastal living. Step out onto your private patio and catch those peek-a-boo OCEAN VIEWS — the kind that never get old. The entire unit is single-level, tucked on the second floor with elevator access, so you get the best of both worlds: the privacy and light of an upper floor without a single step to navigate once you’re there. Everything flows easily, everything feels right. Whether you’re downsizing from a larger home or simply ready to trade yard work for sunsets, this one delivers. Note: Some photos containing furniture/decor have been virtually staged.

Features & Amenities

FeeBuilt 2008

Property Details

Land Type
Fee
Year Built
2008
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Cooling
None
View
Mountain(s)
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byNextHome Central Coast, Nancy Puder

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,527.77
Principal & Interest
Loan Amount
$399,920
Total Interest
$510,076
Total Payment Over 30 Years
$909,996
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, 510, Arroyo Grande, CA 93420

Arroyo Grande · Condominium

$500K
Affordable Tier
Beds
2
Baths
2
Sqft
1,053
Lot
0 sqft
Year
2008
$/Sqft
$475
Pool: No✓
View: mountain✓

Listed 9.1% below the median closed sale of $550,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $475/sqft
Total list price
Closed comps
vs closed median $550K
−$50K (−9.1%)
Active comps
vs active median $549K
−$49K (−8.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $507
−$32 (−6.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
579 Camino MercadoArroyo Grande2008221,0531,050$521$549,0005194
579 Camino MercadoArroyo Grande2007221,0531,050$527$554,95015593
579 Camino MercadoArroyo Grande2007229680$557$539,0006592
280 Spruce StreetArroyo Grande1982221,1001,155$485$534,00012879
1221 Farroll AvenueArroyo Grande1982221,2541,254$447$560,0002478
Total: 5 · Average2.02.01,085.61,127.25$507.4$547,39084.6
Median1,053$549,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1215 FarrollArroyo Grande198306/17/2026221,0731,073$599,000$599,000$5581.004683
1165 MapleArroyo Grande198006/04/2026221,0901,090$515,000$515,000$4721.0014781
278 SpruceArroyo Grande198205/07/2026221,1551,155$519,000$550,000$4761.062777
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.