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1144 Arboles Way, Arroyo Grande, CA, 93420

2beds
1baths
1,000sqft
$695,000
$695price/sqft
$4,655/moest. monthly cost
$186,200/yrincome needed

About This Home

Opportunity knocks on the Mesa! Situated on approximately 1.3 +/- usable acres in one of Arroyo Grande's most desirable rural neighborhoods, this property offers a rare chance to create your own Central Coast retreat. Set back from the road and surrounded by open space, the parcel features a long, private feel with plenty of room for animals, gardens, hobby farming, or future improvements. Mature trees and established greenery provide natural privacy and a peaceful setting, while the flat terrain makes the land highly usable. The property includes existing structures and utility connections, offering a potential starting point for renovation, replacement, or redevelopment. Whether you're looking to build your dream home, create a ranchette, or invest in a value-add project, the possibilities here are wide open. Located just minutes from the Village of Arroyo Grande, local beaches, and renowned wineries, you'll enjoy the perfect blend of country living and coastal convenience. Bring your vision--properties like this don't come around often on the Mesa.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
6/10
Paulding Middle SchoolGrades 7-84.6 mi
8/10
Nipomo High SchoolGrades 9-126.2 mi

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Slab
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Bottled Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 075311015
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 1.30 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    WildfireRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Wildfire
Drought

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 $3,514$42,168
Home Insurance *$103$1,236
Property Taxes $640$7,680
Electricity $398$4,786
Total$4,655$55,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,600/yr
40% on housing$139,650/yr
45% on housing$124,133/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

$695This listing

vs Other Active Listings

Avg $/sqft

ZIP 93420$580
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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Pending sale$695,000
2026-04-28Listed for sale$695,000

For Sale by Agent

AgentJay Bond
BrokerageeXp Realty of California, Inc.

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