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Imagine owning a slice of Arroyo Grande's future right on the thriving East Grand corridor, where hidden potential awaits at 411 Cornwall Ave. This isn't just a property—it's your gateway to transformative wealth in one of California's most desirable coastal enclaves, thanks to its underlying lot lines that can be formalized into two standalone parcels via a simple Certificate of Compliance. The upside? Instant flexibility to sell, develop, or flip each lot independently, unlocking amplified profits in a market starving for smart infill opportunities. Zoned Highway Mixed Use, this 6,000 sq ft canvas invites visionary developers to blend residential havens with commercial vibrancy, from cozy live-work spaces to innovative multi-family retreats that capture the essence of Central Coast living. Nestled mere steps from the charming Arroyo Grande Village, it's surrounded by an array of boutique stores, coffee shops, and eateries for effortless daily delights, promising instant appeal for residents craving walkable, lifestyle-driven neighborhoods. With flexible standards, your designs can soar creatively while keeping costs lean and timelines tight.
Listing agent: Maddie Talley DRE #02206298 maddie.talley@compass.com, Listing office: Compass California, Inc.-PB
MLS data updated 10/19/2026, 3:29:31 AM PT
Source: CRMLS, MLS #: PI25236028
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 16, 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
$509,000Closed sale · Jan 16, 2026ZIP 93420 · Jan 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.