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587 Valley RD Arroyo Grande, CA 93420
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Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision West Of 101(1000)
MLS Listing ID PI23057877
Sold Date 01/09/24
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1938
Lot Size 7.320 Acres
Property Description
This 1938 Ranch has a lot of possibilities! This 7.3 acre ranch could be a multigenerational family compound, development opportunity, farm, investment or horse property. There are so many ways this property can be used. Split into 5 single parcels call city to confirm. There is a 2 bedroom house with 2 bathrooms, living room with very intricate woodwork and a rock wood burning fireplace with a cabin feel, kitchen, bonus room with french doors leading out to large front deck, part of the main house has been converted into an attached 1 bedroom 1 bath apartment with a full kitchen and laundry.
There is a detached Studio with an area for a kitchenette, 3/4 bath, Living room, Bedroom area and a large deck with two entrances. There is also a very large detached garage/storage room with a bonus room that could be an office and a seperate 3/4 bath. This building is currently being used as storage and an art studio. This garage is approximately 1,000 Sq. Ft. it has upgraded electrical, large picture windows, and a sliding glass door. This building offers a lot of possibilities.
The lower section of the property is prime farmland, great for garden, fruit trees or a large pasture. The NEW Owner will need to connect to city Sewer and water, located at the bottom of driveway.
Property is being sold "AS IS" Pest Report and Home Inspection have been done, Seller will not do any other reports and no repairs. Seller will provide a Home warranty. Seller has repaired the plumbing issue's called out on the home inspection.
Location
State CA
County San Luis Obispo
Area Arrg - Arroyo Grande
Zoning RR
Rooms
Other Rooms Guest House Detached, Outbuilding, Shed(s), Storage, Corral(s), Stable(s)
Main Level Bedrooms 3
Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside
Heating Fireplace(s), Wall Furnace
Cooling None
Flooring Carpet, Vinyl, Wood
Fireplaces Type Insert, Living Room, Wood Burning Stove
Fireplace Yes
Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Exterior Feature Awning(s)
Garage On Site, Uncovered, Unpaved, Workshop in Garage
Fence Fair Condition
Pool None
Community Features Biking, Rural
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Available, Overhead Utilities
View Y/N Yes
View City Lights, Hills, Ocean, Pasture
Roof Type Metal
Accessibility Grab Bars, Accessible Approach with Ramp
Porch Deck, Wood
Parking Type On Site, Uncovered, Unpaved, Workshop in Garage
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Garden, Gentle Sloping, Horse Property, Lot Over 40000 Sqft, Pasture, Near Public Transit
Story One
Entry Level One
Foundation Raised
Sewer Septic Type Unknown
Water Agricultural Well, Shared Well
Level or Stories One
Additional Building Guest House Detached, Outbuilding, Shed(s), Storage, Corral(s), Stable(s)
New Construction No
Schools
Elementary Schools Harloe
Middle Schools Paulding
High Schools Arroyo Grande
School District Lucia Mar Unified
Others
Senior Community No
Tax ID 006095025
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed
Horse Property Yes
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Trust Deed
Financing Cash
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
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