582 Newman Drive Active Save Request In-Person Tour Request Virtual Tour
Arroyo Grande,CA 93420
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,219 sqft
Price per Sqft $696
MLS Listing ID PI25243680
Bedrooms 3
Full Baths 1
Year Built 1949
Lot Size 0.862 Acres
Property Sub-Type Detached
Property Description
Dont 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 accessoffering 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 areas most promising development or investment opportunities. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyers 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
State CA
County San Luis Obispo
Exterior
Parking Features Garage
Garage Spaces 2.0
Utilities Available Cable Available,Electricity Available,Natural Gas Available,See Remarks,Water Available
View Y/N Yes
View Creek/Stream,Neighborhood,Trees/Woods
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,VA
Listing Terms Cash,VA
Special Listing Condition Standard
Virtual Tour https://www.tourfactory.com/idxr3230022