2 homes on one lot
1 / 55

670 Camino Contento, Arroyo Grande, CA 93420

$1.52M6bd · 4ba · 3,600 sqft
Lot 43,560 sqft•Single Family Residence•
Active
•108d on market•MLS# PI-26138815

Property Description

OPPORTUNITIES GALORE! INCOME + MULTIGENERATIONAL LIVING + COUNTRY LIFESTYLE! What if your next home could help pay for itself? This truly unique property offers an incredible combination of income potential, flexibility, privacy and rural living—all while remaining close to the amenities you need! The property features a FULLY PERMITTED 2-bedroom, 1-bathroom ADU plus an approximately 2,700 sq. ft. primary residence currently configured into two separate living spaces, creating exceptional possibilities for extended family, guests, rental income or a “house hack” lifestyle. The main living area offers approximately 1,700 sq. ft. of SINGLE-STORY, NO-STEP living with 3 bedrooms and 2 bathrooms. Extensive improvements include a beautifully remodeled kitchen and refreshed bathrooms, creating a comfortable and inviting space. The remaining approximately 1,000 sq. ft. has been transformed into an incredible private living space with its own entrance and yard. Imagine a HUGE downstairs living area, then retreat upstairs to a spacious private suite featuring an improved ensuite bathroom, impressive walk-in closet and private deck with peaceful views. And there’s more! The property offers three 2-car garages, providing an abundance of parking, storage, workspace and hobby potential. With Residential Rural zoning, you can embrace the country lifestyle with possibilities for horses, chickens and FFA/4-H activities. A sheltered area is already in place! Enjoy the feeling of being away from it all while remaining conveniently close to shopping, beaches, the wine trail and everyday amenities. This isn't simply a home—it’s an opportunity, a lifestyle and a potential income-producing property all in one. Already generating income, this may be your chance to see how you can be paid to own your own slice of heaven! Properties offering this combination of flexibility, income potential and rural lifestyle are exceptionally rare. Come see the possibilities for yourself—this one deserves a look!

Features & Amenities

FeeBuilt 1981

Property Details

Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
6
Heating
Forced Air
Cooling
None
View
City Lights, Hills
Roof
Composition
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byOiC Real Estate Services Inc, Kristenann Coulter-Murchison

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,711.23
Principal & Interest
Loan Amount
$1,220,000
Total Interest
$1,556,043
Total Payment Over 30 Years
$2,776,043
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

Luxury Tier · 5 active · 3 closed

670 Camino Contento, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$1.52M
Luxury Tier
Beds
6
Baths
4
Sqft
3,600
Lot
43,560 sqft
Year
1981
$/Sqft
$424
Pool: No✓
Spa: No✓
View: city✓
Garage: 6-car✓

Listed 30.7% below the median closed sale of $2,200,000. Price per sqft ($424) is a 35% discount to closed comps ($649). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.52M· $424/sqft
Total list price
Closed comps
vs closed median $2.20M
−$675K (−30.7%)
Active comps
vs active median $2.50M
−$974K (−39.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $639
−$215 (−33.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
950 Mesa View DriveArroyo Grande2007553,91474,052$561$2.19M1772
3515 Camino PurisimaArroyo Grande2011554,08576,666$808$3.30M5069
884 Auklet CourtArroyo Grande2003543,68910,400$461$1.70M5458
5720 Huasna Townsite RoadArroyo Grande2002653,6654,007,520$709$2.60M25249
1116 Rolling Oaks DriveArroyo Grande2018553,800371,567$658$2.50M10049
Total: 5 · Average5.24.83,830.6908,041$639.4$2.46M94.6
Median3,800$2.50M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
655 Mission Springs RoadArroyo Grande200809/15/2026543,62054,014$2.60M$2.70M$7461.043471
1685 Corbett HighlandsArroyo Grande199606/16/2026544,010252,648$2.23M$2.15M$5360.973467
155 Vista Montana LnArroyo Grande202405/29/2026553,30593,218$2.30M$2.20M$6660.969747
Total: 3 · Average5.04.33,645133,293.333$2.35M$2.35M$649.333—55
Median3,620$2.20M$2.20M

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.