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775 Avenida Alcola, Arroyo Grande, CA 93420

$2.95M4bd · 4ba · 5,200 sqft
Lot 2 sqft•Single Family Residence•
Active
•122d on market•MLS# PI-26007148

Property Description

A perfect blend of privacy and sweeping coastal vistas, this magnificent Tuscan-inspired villa creates a sophisticated yet relaxing atmosphere. Absolutely incredible panoramic views extend to the Pacific Ocean, the Edna Valley, and beyond to the peaks of San Luis Obispo. A welcoming foyer features an elevated beamed ceiling and a beautiful custom wood and iron staircase. The thoughtfully designed floor plan offers elegant engineered wood flooring throughout the main level, complemented by natural wood-beamed ceilings. Five fireplaces throughout the home create a warm and intimate ambiance, while numerous Jeld-Wen windows provide abundant natural light and showcase the surrounding views. The main level includes a gourmet kitchen featuring custom cabinetry with sliding pull-out drawers, a Wolf cooktop with hand-crafted vent hood, built-in refrigerator, wine fridge, spacious granite countertops, and walk-in pantry. The adjoining great room with a wood-burning fireplace offers access on both sides to outdoor living spaces, making it ideal for entertaining. One side opens to a view deck over 50 feet in length, where picturesque vistas of the valley, vineyards, and ocean await. The opposite side leads to a protected courtyard with its own fireplace, creating a relaxed setting to enjoy sunsets and sweeping views. An additional south-facing courtyard is the perfect spot for morning coffee or breakfast as the sun rises above the oak trees. The owner’s suite is a tranquil retreat featuring an elevated ceiling, fireplace, and private view deck. The en-suite bathroom includes a separate soaking tub, walk-in closet, and a spacious step-in shower with valley and ocean views. Two additional guest suites each offer their own bathrooms, with one featuring a private view deck. Additional spaces include a library, gym, and office, each offering flexibility for a variety of uses or potential conversion to additional bedrooms. The home also features abundant storage throughout, including two closets intentionally designed for a future elevator if desired. On the lower level is a approximately 500 sq ft guest studio complete with kitchenette, full bathroom, private access, and private patio. A hobby room is conveniently located near the oversized three-car garage. Surrounded by over 4,500 acres of protected open space, Las Ventanas Ranch is a highly sought-after, exclusive custom home community, located just minutes from the Village of Arroyo Grande and San Luis Obispo.

Features & Amenities

FeeBuilt 2010

Property Details

Land Type
Fee
Year Built
2010
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Forced Air
Cooling
None
View
Hills, Ocean, Panoramic, Trees/Woods, Valley, Vineyard
Roof
Tile, Clay
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byCentral Coast Sotheby's International Realty, John Souza

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$14,916.81
Principal & Interest
Loan Amount
$2,360,000
Total Interest
$3,010,050
Total Payment Over 30 Years
$5,370,050
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 · 5 closed

775 Avenida Alcola, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$2.95M
Luxury Tier
Beds
4
Baths
4
Sqft
5,200
Lot
1.64 ac
Year
2010
$/Sqft
$567
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 25.5% above the median closed sale of $2,350,000. Price per sqft ($567) is a 20% premium to closed comps ($472). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 128 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.95M· $567/sqft
Total list price
Closed comps
vs closed median $2.35M
+$600K (+25.5%)
Active comps
vs active median $2.60M
+$351K (+13.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $746
−$179 (−24.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
324 Miller WayArroyo Grande1978555,71620,037$350$2.00M4065
2075 Sea Oak LaneArroyo Grande2006344,492217,800$579$2.60M13147
1604 Tiffany Ranch RoadArroyo Grande2008355,520446,490$1,178$6.50M19846
1403 Noyes RoadArroyo Grande1988464,450218,757$393$1.75M944
1504 Tiffany Ranch RDArroyo Grande1979665,614435,600$1,229$6.90M5240
Total: 5 · Average4.25.25,158.4267,736.8$745.8$3.95M86
Median5,520$2.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
413 Via BandoleroArroyo Grande200708/21/2026576,10037,300$3.88M$3.52M$5780.9131967
375 Plancha WayArroyo Grande198805/08/2026545,077130,680$2.50M$2.45M$4830.987266
1595 Chesapeake PlaceArroyo Grande199608/24/2026434,728592,416$2.00M$1.80M$3810.9013963
1640 Corbett Canyon RoadArroyo Grande200406/23/2026454,460304,920$2.58M$2.35M$5270.917762
2298 Brant StreetArroyo Grande200309/29/2026344,36111,687$1.75M$1.70M$3900.973249
Total: 5 · Average4.24.64,945.2215,400.6$2.37M$2.37M$471.8—127.8
Median4,728$2.35M$2.35M

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.