Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.
Details
MLS #
PI26122331
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
71
Listing Provided By
Allan Real Estate Investments | Vincent Allan
Features
Zoning
Gateway Mixed Use
Acreage
0.48
Property View
Yes
Exterior
Lot Features
Level, Rectangular Lot
Fencing
Partial
Utilities
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer
Public Sewer
Location
Community Features
Street Lights, Sidewalks
Area Information
State
CA
County
San Luis Obispo
City
Arroyo Grande
Zip Code
93420
Area
AG West of Hwy 101
Listing VS Median (in 93420)
Price: $1,850,000
low | high
Med: $1,159,000
87.351351351351% of Average
On site: 71
low | high
Med: 2
100% of Average
Sourced by Back At You
Market Activity 93420
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 7
Avg $ Per SqFt: $692.54
Min Sale Price: $375,000
Max Sale Price: $1,657,210
Med Sale Price: $1,050,000
Date: Jun 2026
Sales: 17
Avg $ Per SqFt: $513.63
Min Sale Price: $235,000
Max Sale Price: $1,690,000
Med Sale Price: $960,000
Date: May 2026
Sales: 19
Avg $ Per SqFt: $582.27
Min Sale Price: $200,000
Max Sale Price: $2,150,000
Med Sale Price: $1,355,000
Date: Apr 2026
Sales: 27
Avg $ Per SqFt: $551.5
Min Sale Price: $520,000
Max Sale Price: $3,390,000
Med Sale Price: $901,000
Date: Mar 2026
Sales: 25
Avg $ Per SqFt: $495.15
Min Sale Price: $163,000
Max Sale Price: $2,440,000
Med Sale Price: $830,000
Date: Feb 2026
Sales: 23
Avg $ Per SqFt: $491.64
Min Sale Price: $208,000
Max Sale Price: $2,450,000
Med Sale Price: $1,092,920
Date: Jan 2026
Sales: 19
Avg $ Per SqFt: $1111.87
Min Sale Price: $80,000
Max Sale Price: $2,700,000
Med Sale Price: $905,000
Date: Dec 2025
Sales: 4
Avg $ Per SqFt: $465.42
Min Sale Price: $300,000
Max Sale Price: $3,700,000
Med Sale Price: $762,500
Date: Nov 2025
Sales: 3
Avg $ Per SqFt: $341.95
Min Sale Price: $620,000
Max Sale Price: $1,134,200
Med Sale Price: $1,060,000
Date: Oct 2025
Sales: 3
Avg $ Per SqFt: $591.41
Min Sale Price: $1,125,000
Max Sale Price: $3,525,000
Med Sale Price: $1,215,000
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $469.47
Min Sale Price: $1,230,000
Max Sale Price: $1,230,000
Med Sale Price: $1,230,000
Date: Aug 2025
Sales: 2
Avg $ Per SqFt: $659.41
Min Sale Price: $785,000
Max Sale Price: $3,550,000
Med Sale Price: $2,167,500
Sourced by Back At You
Jul 2026
Sales:
7
Avg $ Per SqFt:
$692.54
Min Sale Price:
$375,000
Max Sale Price:
$1,657,210
Med Sale Price:
$1,050,000
Jun 2026
Sales:
17
Avg $ Per SqFt:
$513.63
Min Sale Price:
$235,000
Max Sale Price:
$1,690,000
Med Sale Price:
$960,000
May 2026
Sales:
19
Avg $ Per SqFt:
$582.27
Min Sale Price:
$200,000
Max Sale Price:
$2,150,000
Med Sale Price:
$1,355,000
Apr 2026
Sales:
27
Avg $ Per SqFt:
$551.5
Min Sale Price:
$520,000
Max Sale Price:
$3,390,000
Med Sale Price:
$901,000
Mar 2026
Sales:
25
Avg $ Per SqFt:
$495.15
Min Sale Price:
$163,000
Max Sale Price:
$2,440,000
Med Sale Price:
$830,000
Feb 2026
Sales:
23
Avg $ Per SqFt:
$491.64
Min Sale Price:
$208,000
Max Sale Price:
$2,450,000
Med Sale Price:
$1,092,920
Jan 2026
Sales:
19
Avg $ Per SqFt:
$1111.87
Min Sale Price:
$80,000
Max Sale Price:
$2,700,000
Med Sale Price:
$905,000
Dec 2025
Sales:
4
Avg $ Per SqFt:
$465.42
Min Sale Price:
$300,000
Max Sale Price:
$3,700,000
Med Sale Price:
$762,500
Nov 2025
Sales:
3
Avg $ Per SqFt:
$341.95
Min Sale Price:
$620,000
Max Sale Price:
$1,134,200
Med Sale Price:
$1,060,000
Oct 2025
Sales:
3
Avg $ Per SqFt:
$591.41
Min Sale Price:
$1,125,000
Max Sale Price:
$3,525,000
Med Sale Price:
$1,215,000
Sep 2025
Sales:
1
Avg $ Per SqFt:
$469.47
Min Sale Price:
$1,230,000
Max Sale Price:
$1,230,000
Med Sale Price:
$1,230,000
Aug 2025
Sales:
2
Avg $ Per SqFt:
$659.41
Min Sale Price:
$785,000
Max Sale Price:
$3,550,000
Med Sale Price:
$2,167,500
MLS#: PI26122331 Listed By: Vincent Allan - Allan Real Estate Investments - 8054737500- dennis@dennisallan.com
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MLS#: PI26122331 Listed By: Vincent Allan - Allan Real Estate Investments - 8054737500- dennis@dennisallan.com
Price Reduced Listing
