2840 Kip Ln, Arroyo Grande, CA, 93420
About This Home
Unmatched panoramic ocean views define this extraordinary 2.5-acre gated estate—arguably one of the most breathtaking vantage points on the Central Coast. Perched at the end of a private road on the Mesa, 2840 & 2830 Kip Lane showcase sweeping views of the Pacific, dunes, coastline, and city lights from nearly every room. From sunrise to sunset, the ever-changing horizon creates a truly unforgettable setting. The 3-bedroom, 3.5-bath main residence blends warmth and sophistication with wood floors, expansive windows, and light-filled living spaces designed to frame the views at every turn. The kitchen features granite countertops, a center island, walk-in pantry, and updated appliances—ideal for both everyday living and entertaining. The primary suite offers a fireplace, spa-inspired bath, and stunning vistas, while a flexible office/media room and separate lower-level living space provide ideal accommodations for guests or extended stays. A private 2-bedroom, 2-bath guest house includes its own kitchen, patio, horse corrals, and a two-car garage—perfect for multi-generational living, rental income, or hosting in style. Outdoor living is elevated with multiple viewing areas, expansive balconies, and an outdoor kitchen—all designed to capture the dramatic coastal backdrop and unforgettable sunsets. Opportunities like this are rare. With two parcels, ultimate privacy, and some of the most commanding views on the market, this is more than a home—it’s a legacy property. Schedule your private tour and experience it in person.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Turnkey
- Year built: 1991
Materials
- Foundation: Raised,Slab
- Roof: Spanish Tile,Tile
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Microwave,Refrigerator,Water Heater,Water Purifier,Dryer,Sump Pump,Washer
- Laundry features: Inside,Laundry Room
Basement
- Basement: Sump Pump
Bathroom
- Features: Bathroom Exhaust Fan,Bathtub,Dual Sinks,Enclosed Toilet,Full Bath on Main Level,Granite Counters,Low Flow Plumbing Fixtures,Linen Closet,Separate Shower,Tub Shower
Bedroom
- Features: Bedroom on Main Level
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 4
Features
- Wet Bar,Breakfast Bar,Balcony,Cathedral Ceiling(s),Separate/Formal Dining Room,Eat-in Kitchen,Granite Counters,High Ceilings,Living Room Deck Attached,Pantry,Stone Counters,Bar,Bedroom on Main Level,Main Level Primary,Walk-In Pantry,Wine Cellar
- Door features: Mirrored Closet Door(s),Sliding Doors
- Window features: Blinds,Bay Window(s),Double Pane Windows,Screens,Skylight(s),Shutters
- Flooring: Wood
- Fireplace features: Gas,Living Room,Primary Bedroom,See Through,Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Forced Air,Fireplace(s)
- Cooling features: None
Interior Area
- Total interior livable area: 4,391 sqft
Kitchen
- Features: Granite Counters,Kitchen Island,Pots & Pan Drawers,Utility Sink
Master Bedroom
- Features: Main Level Primary
Pantry
- Features: Walk-In Pantry
Property
Accessibility
- Accessibility features: Accessible Doors
Details
- Parcel number: 075281008
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Patio & porch: Rear Porch,Concrete,Front Porch,Patio
- Exterior features: Barbecue,Rain Gutters
- Has spa: Yes
- Spa features: Private
- Fencing: Wood
- Has view: Yes
- View description: Bluff,City Lights,Coastline,Hills,Lake,Mountain(s),Ocean,Panoramic,Trees/Woods,Water
- Has water view: Yes
- Water view: Coastline,Lake,Ocean,Water
- Waterfront features: Lagoon,Ocean Side Of Highway
- Horses can be raised: Yes
Lot
- Lot size: 2.50 Acres
- Features: 2-5 Units/Acre,Bluff,Sloped Down,Horse Property,Landscaped,Level,Rectangular Lot,Sprinkler System
Parking
- Total spaces: 5
- Parking features: Circular Driveway,Door-Multi,Direct Access,Driveway Level,Driveway,Electric Gate,Garage Faces Front,Garage,Gravel,Gated,On Site,Paved,Private
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
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
- Earthquake
- Wildfire
- Drought
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,057 | $168,684 |
| Home Insurance * | $413 | $4,956 |
| Property Taxes | $2,471 | $29,652 |
| Electricity | $941 | $11,299 |
| Total | $17,882 | $214,584 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $2,650,000 |
| 2026-04-13 | Listed for sale | $2,780,000 |
| 2024-11-13 | Sold | $2,395,000 |
| 2024-11-02 | Contingent | $2,575,000 |
| 2024-10-04 | Price change | $2,575,000 |
| 2024-06-27 | Listed for sale | $2,650,000 |
| 2021-12-01 | Sold | $2,400,000 |
| 2021-11-01 | Pending sale | $2,200,000 |
| 2021-10-24 | Contingent | $2,200,000 |
| 2021-10-22 | Listed for sale | $2,200,000 |
| 1995-06-16 | Sold | $550,000 |
For Sale by Agent
View on Zillow