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Amazing investment opportunity with these 13 acres of land in gorgeous Arroyo Grande. There are two manufactured homes, three agricultural wells, a four-horse stall barn with a covered space that could be fenced and turned into four open stalls. Don’t miss the GIANT 40' X 60’ workshop with pull up doors. The original home was built in 1982 that has two stories with two units, one upstairs and one downstairs, a two-car garage all nestled under the shade of majestic oak trees. There is a stick built addition on this home and the total square footage is 3,200. Upstairs has a warming fireplace, a sunporch, center kitchen, living area and a primary suite with a total of three bedrooms and two baths. The downstairs unit is a studio space with one bathroom that could be closed off and used for a secondary unit. The 2017 home is 1200 square feet and has a gorgeous kitchen with a stainless farm sink, a new dishwasher, and stone countertops. There are three bedrooms, two baths including a primary suite with a large soaking tub and separate shower. Walk through the sliding barn doors to the back of this house to the 2 additional bedrooms and one bath, small living area through the slider to a nice, covered porch that overlooks the fully fenced back yard. This property is located on the west side of Arroyo Grande where the temperatures remain mostly mild throughout the year. The property is having many prolific trees in the orchard and around the property including many varieties of avocados (Zutano, Gwen, Bacon, Hass), citrus (orange, lime, lemons, pink lemons), almond, walnut, Fuyu persimmons, pomegranate, fig, apple apricot, plum, cherry, nectarine, peach, pear and three olive trees by the barn of three different oil varieties. There are two driveways, one located at 564 Applegate to the lower property and the other is 608 Applegate to the home built in 2017. We have emails from the county that the property is fully splittable, buyer to verify and complete the split after close of escrow. Buy this gorgeous mostly flat usable property, get the split done with the county and sell off the other half. This property won’t last long as it has so very much to offer.
Listing agent: Shannon Bowdey DRE #01894857 shannonbowdey@kw.com, Listing office: Keller Williams Realty Central Coast
MLS data updated 10/20/2026, 9:21:05 AM PT
Source: CRMLS, MLS #: PI22021416
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 8, 2022
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This home · nearest recorded event
$1,600,000Closed sale · Mar 8, 2022ZIP 93420 · Mar 2022
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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.
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