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1097 Grieb Dr, Arroyo Grande, CA, 93420

2beds
3baths
1,312sqft
$555,000
$423price/sqft
$3,780/moest. monthly cost
$151,200/yrincome needed

About This Home

This two-story townhome in east Arroyo Grande offers a functional layout and a central location, making it an excellent choice for a primary residence or an investment property. The neighboring unit at 1095 Grieb is also for sale, offering an opportunity to own two adjoining units! The main floor features a living room centered around a gas fireplace, flowing into the kitchen and dining area. Practical amenities on this level include a walk-in pantry, a dedicated laundry room, an updated half bath, and direct access to an outdoor patio and one-car attached garage. The upper level contains both bedrooms for added privacy. The primary suite includes a private balcony, a walk-in closet, and a large en suite bathroom. A guest bedroom is situated near the second full bathroom, which offers a tub/shower combination and additional storage. Residents enjoy access to the community clubhouse and a location that provides proximity to shopping, gyms, and Highway 101. This low-maintenance property is currently tenant-occupied through January 2027 for immediate rental income!

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

9/10
6/10
Judkins Middle SchoolGrades 7-82.2 mi
9/10
Arroyo Grande High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1979

Materials

  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator
  • Laundry features: Inside,Laundry Room

Bathroom

  • Features: Bathroom Exhaust Fan,Separate Shower,Tile Counters,Tub Shower

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen,Pantry,Tile Counters,Primary Suite
  • Window features: Blinds
  • Flooring: Carpet,Laminate
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,312 sqft

Kitchen

  • Features: Tile Counters

Master Bedroom

  • Features: Primary Suite

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 007883004
  • Attached to another structure: Yes
  • Special condition: Standard,Trust
  • Exclusions: Washer and dryer,and any tenant belongings

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Patio
  • Spa features: None

Lot

  • Lot size: 1,500 sqft

Parking

  • Total spaces: 1
  • Parking features: Direct Access,Door-Single,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Wildfire

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 $2,806$33,672
Home Insurance *$82$984
Property Taxes $494$5,928
Electricity $398$4,786
Total$3,780$45,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,600/yr
40% on housing$113,400/yr
45% on housing$100,800/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

$423This listing

vs Other Active Listings

Avg $/sqft

ZIP 93420$582
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
2026-07-23Price change$555,000
2026-07-09Listed for sale$590,000
2025-12-05Listing removed$2,600
2025-10-22Price change$2,600
2025-10-14Listed for rent$2,800
2001-08-15Sold$192,500

For Sale by Agent

AgentStephanie Ronca
BrokerageCompass

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