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Rare real estate opportunity on the Central Coast! Nestled on a spacious, private 1-acre lot in Arroyo Grande, this unique two-home property is the ultimate setup for multi-generational living or immediate rental income. Main Home: Features a highly functional layout including 3 traditional bedrooms, 2 bathrooms, a dedicated home office with custom built-ins, and game/pool room highlighted with a bistro alcove and independent exterior access. One bathroom features a premium walk-in tub, making it ideal for senior accessibility. Second Home: A fully permitted, independent standalone residence offering over 1,150 sq. Ft. of comfortable living space. It features 2 bedrooms, 1 bathroom, its own dedicated carport, and an in-unit laundry room, and a completely private, fully fenced yard. Perfect for tenant rental income or extended family. Other features include: 1. Completely owned free and clear solar system, offering massive, permanent relief from high PG&E utility bills for main house. 2. The Workshop: A dream setup for hobbyists, tradespeople, or car enthusiasts featuring a heavy-duty shop with a poured concrete floor. 3. Vehicle & Toy Storage: Unmatched parking options including a specialized RV carport, a traditional 2-car garage, and an additional 2-car carport-comfortably protecting 8+ vehicles undercover. 4. Reliable private well water and propane supply the property. Each with their own septic tank. Both homes enjoy completely separate, independently fenced yards maximizing privacy on a beautifully laid-out acre.
Listing agent: Cindy Blankenburg DRE #01449256 Cindy@CindyBlankenburg.com, Listing office: eXp Realty of California, Inc.
MLS data updated 10/16/2026, 9:40:48 PM PT
Source: CRMLS, MLS #: PI26216428
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 5, 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
$1,300,000Original asking price · Oct 5, 2026ZIP 93420 · Oct 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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.