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Build Your Central Coast Dream on 4.81 Acres in Beautiful Arroyo Grande Discover the rare opportunity to create the lifestyle you've always envisioned on this exceptional 4.81-acre parcel nestled on the sought-after west side of Arroyo Grande. Offering mostly usable, gently rolling land accented by beautiful mature trees and scenic hillside views, this picturesque property provides the perfect canvas for your custom estate. Whether you dream of building an elegant country home, creating an equestrian retreat, cultivating gardens and orchards, raising a few farm animals, or designing the ultimate outdoor entertaining space, the possibilities are as expansive as the land itself. An ADU may also be possible, subject to County approval. One of the property's most valuable features is its excellent-producing private well, recently tested at approximately 12.5 gallons per minute. A brand-new well pump was installed in July 2026, providing added peace of mind and making this exceptional parcel even more ready for your vision. Enjoy the peace and privacy of country living while remaining just minutes from the charming Village of Arroyo Grande, where you'll find boutique shopping, locally owned restaurants, wineries, parks, year-round community events, and the beloved farmers' market. World-class beaches, championship golf courses, renowned wineries, and the vibrant communities of Pismo Beach, Shell Beach, and San Luis Obispo are all just a short drive away. The mild Mediterranean climate allows you to enjoy the outdoors throughout the year, making this an ideal location for gardening, horseback riding, hiking, or simply taking in spectacular Central Coast sunsets from your own backyard. Utilities are available nearby along the street. Buyers are encouraged to investigate all development possibilities, building requirements, utility connections, and any applicable County regulations. Large, usable parcels in this highly desirable Arroyo Grande location are becoming increasingly rare. If you've been searching for the perfect place to build your forever home while embracing the beauty, privacy, and relaxed lifestyle of California's Central Coast, this remarkable property is ready to bring your vision to life.
Listing agent: Shannon Bowdey DRE #01894857 shannonbowdey@kw.com, Listing office: Keller Williams Realty Santa Barbara
MLS data updated 10/19/2026, 1:27:46 PM PT
Source: CRMLS, MLS #: PI26151792
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 29, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$640,000Closed sale · Jul 29, 2026ZIP 93420 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.