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582 Newman Drive Arroyo Grande CA 93420
Price $ 849,000
Listing ID PI25243680
Status Active
Property Type Single Family Residence
County San Luis Obispo
Beds 3
Baths 1
House Size 1219
Year Built 1949
Days on website 3
Description
Don’t miss this rare Arroyo Grande opportunity for an expansive 0.86-acre parcel (approx. 37,545 sq. ft.) with remarkable potential for redevelopment or subdivision. The property currently features a 1,219 sq. ft., 3-bedroom, 1-bath, single-level home with an attached 2-car garage, a wide carport for covered parking, and a detached 2-car garage/workshop. While the existing home offers limited value, the true appeal lies in the land and its future possibilities. According to talks with the City of Arroyo Grande, the parcel may be eligible for subdivision with potential for allowing for a Single-Family Residence, an Accessory Dwelling Unit (ADU), and/or a Junior ADU on the sub-dived parcels (buyer to verify). The property is mostly level, fenced, and includes gated rear access—offering convenience for future construction access, RV or boat storage, or work vehicles. Located just minutes from the charming Arroyo Grande Village, local schools, and everyday amenities, this substantial property represents one of the area’s most promising development or investment opportunities. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent with the City of Arroyo Grande and appropriate professionals. Buyers are also encouraged to perform their own due diligence regarding all development options with the City of Arroyo Grande.
Location
Financial Information
List Price: $ 849000
Property Features
Community Features: Curbs, Sidewalks
Direction Faces: South
Foundation Details: Slab
High School District: Lucia Mar Unified
Levels: One
Parking Features: Garage
Patio And Porch Features: Concrete
Property Condition: Fixer
Road Surface Type: Paved
Roof: Composition
Senior Community YN: false
Structure Type: House
View: Neighborhood
Water Source: Public
High School District: Lucia Mar Unified
Senior Community YN: false
MLS Area Major: AG-West of Hwy 101
City: Arroyo Grande
Listed By:   Kathy Fissori   Real Broker 
Co-listed by
Peter Joehnk  
Lic#
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