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579 Camino Mercado, 518, Arroyo Grande, CA 93420

$548K2bd · 2ba · 1,053 sqft
Lot 1,050 sqft•HOA $435/mo•Single Family Residence•
Active
•74d on market•MLS# FR-26164407

Property Description

You'll love the contemporary California beach style with very long list of newer updates/renovations. Beautifully styled kitchen cabinetry, beach feel hard stone counters with custom designed backsplash, stainless steel appliances (all included), custom designed high ceilings in the living room for that extra spacious feel, vinyl plank wood toned flooring, light fixtures and ceiling fans, plus immaculate huge storage closet attached to the patio. Need we say more? There's even a peek see' of Pismo or the foothills from the front balcony! Walking distance to your favorite shopping; join some of the other owners for a daily stroll for morning coffee at your favorite bistro! If you're in the market for a pristine 55+ community, whether it be your permanent residence or 2nd home to stay seasonally, this is the one!

Features & Amenities

FeeBuilt 2007

Property Details

Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
None
View
Hills, Ocean
Flooring
Vinyl
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byRE/MAX Gold, Nancy Altschuler

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,768.46
Principal & Interest
Loan Amount
$438,000
Total Interest
$558,645
Total Payment Over 30 Years
$996,645
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

579 Camino Mercado, 518, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$548K
Affordable Tier
Beds
2
Baths
2
Sqft
1,053
Lot
1,050 sqft
Year
2007
$/Sqft
$520
Pool: No✓
Spa: No✓
View: Hills, Ocean✓
Garage: 1-car✓

Listed 16.5% below the median closed sale of $656,000. Price per sqft ($520) is a 15% discount to closed comps ($611).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $548K· $520/sqft
Total list price
Closed comps
vs closed median $656K
−$109K (−16.5%)
Active comps
vs active median $580K
−$33K (−5.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $565
−$45 (−7.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
857 Mesa DriveArroyo Grande1975221,0644,615$587$625,0001180
105 Le Point StreetArroyo Grande1961221,20024,000$1,041$1.25M7877
232 ElmArroyo Grande1983231,3311,331$436$580,0005974
1097 Grieb DriveArroyo Grande1979231,3121,500$380$499,0009474
1095 Grieb DriveArroyo Grande1979231,3121,582$380$499,0009473
Total: 5 · Average2.02.61,243.86,605.6$564.8$690,40067.2
Median1,312$580,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6060 Deer Creek RoadArroyo Grande200406/22/2026219601,146,064$799,000$750,000$7810.946584
1113 Grieb DriveArroyo Grande197905/27/2026211,0571,500$599,000$610,000$5771.023281
710 PaulArroyo Grande196309/03/2026321,0756,300$635,000$656,000$6101.033475
1119 James WayArroyo Grande198005/13/2026221,3201,500$605,000$600,000$4550.995675
1065 Sunset DriveArroyo Grande195505/15/2026211,0387,500$658,000$658,000$6341.003574
Total: 5 · Average2.21.41,090232,572.8$654,800$654,800$611.4—44.4
Median1,057$656,000$656,000

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.