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775 Avenida Alcola, Arroyo Grande, CA, 93420

4beds
4baths
5,200sqft
$2,950,000
$567price/sqft
$19,089/moest. monthly cost
$763,560/yrincome needed

About This Home

Perched to capture sweeping coastal and valley vistas, this magnificent Tuscan-inspired villa creates a sophisticated yet relaxing atmosphere. Absolutely incredible panoramic views extend to the Pacific Ocean, the Edna Valley, and beyond to the peaks of San Luis Obispo. A welcoming foyer features an elevated beamed ceiling and a beautiful custom wood and iron staircase. The thoughtfully designed floor plan offers elegant engineered wood flooring throughout the main level, complemented by natural wood-beamed ceilings. Five fireplaces throughout the home create a warm and intimate ambiance, while numerous Jeld-Wen windows provide abundant natural light and showcase the surrounding views. The main level includes a gourmet kitchen featuring custom cabinetry with sliding pull-out drawers, a Wolf cooktop with hand-crafted vent hood, built-in refrigerator, wine fridge, spacious granite countertops, and walk-in pantry. The adjoining great room with a wood-burning fireplace offers access on both sides to outdoor living spaces, making it ideal for entertaining. One side opens to a view deck over 50 feet in length, where picturesque vistas of the valley, vineyards, and ocean await. The opposite side leads to a protected courtyard with its own fireplace, creating a relaxed setting to enjoy sunsets and sweeping views. An additional south-facing courtyard is the perfect spot for morning coffee or breakfast as the sun rises above the oak trees. The owner’s suite is a tranquil retreat featuring an elevated ceiling, fireplace, and private view deck. The en-suite bathroom includes a separate soaking tub, walk-in closet, and a spacious step-in shower with valley and ocean views. Two additional guest suites each offer their own bathrooms, with one featuring a private view deck. Additional spaces include a library, gym, and office, each offering flexibility for a variety of uses or potential conversion to additional bedrooms. The home also features abundant storage throughout, including two closets intentionally designed for a future elevator if desired. On the lower level is a approximately 500 sq ft guest studio complete with kitchenette, full bathroom, private access, and private patio. A hobby room is conveniently located near the oversized three-car garage. Surrounded by over 4,500 acres of protected open space, Las Ventanas Ranch is a highly sought-after, exclusive custom home community, located just minutes from the Village of Arroyo Grande and San Luis Obispo.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

10/10
Branch Elementary SchoolGrades K-61.6 mi
6/10
Paulding Middle SchoolGrades 7-83.9 mi
9/10
Arroyo Grande High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 2010

Materials

  • Foundation: Raised,Slab
  • Roof: Clay,Tile
  • Construction materials: Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Double Oven,Dishwasher,Microwave,Propane Cooktop,Refrigerator,Range Hood,Water Softener
  • Laundry features: Laundry Chute,Gas Dryer Hookup,Inside,Laundry Room

Bathroom

  • Features: Bathtub,Dual Sinks,Linen Closet,Stone Counters,Separate Shower,Vanity

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Breakfast Bar,Separate/Formal Dining Room,High Ceilings,Living Room Deck Attached,Pantry,Stone Counters,Storage,Wired for Sound,Entrance Foyer,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Fireplace features: Gas,Living Room,Primary Bedroom,Outside,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 5,200 sqft

Kitchen

  • Features: Kitchen Island,Stone Counters,Walk-In Pantry

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Pantry

  • Features: Walk-In Pantry

Property

Accessibility

  • Accessibility features: Adaptable For Elevator

Details

  • Parcel number: 047023014
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Spa features: None
  • Has view: Yes
  • View description: Hills,Ocean,Panoramic,Valley,Vineyard,Trees/Woods
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 1.64 Acres
  • Features: Front Yard,Sprinkler System

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideVery High
  • Wildfire
    WildfireVery High
  • Drought
    DroughtRelatively High
  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Inland Flooding
Landslide
Wildfire
Drought
Earthquake

FEMA Declared Disasters in San Luis Obispo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,916$178,992
Home Insurance *$438$5,256
Property Taxes $2,620$31,440
Electricity $1,115$13,380
Total$19,089$229,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$654,480/yr
40% on housing$572,670/yr
45% on housing$509,040/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$567This listing

vs Other Active Listings

Avg $/sqft

ZIP 93420$576
San Luis Obispo County$560

vs Homes Sold Last Month

Median $/sqft

ZIP 93420$549
San Luis Obispo County$522

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$2,950,000
2026-06-11Listed for sale$3,150,000
2026-04-24Listing removed$3,150,000
2026-04-11Pending sale$3,150,000
2026-03-05Price change$3,150,000
2026-01-12Listed for sale$3,290,000
2025-12-09Listing removed$3,290,000
2025-06-28Listed for sale$3,450,000
2008-07-22Sold$560,000

For Sale by Agent

AgentJohn Souza
BrokerageCentral Coast Sotheby's International Realty

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