579 Camino Mercado APT 510, Arroyo Grande, CA, 93420
About This Home
Wow! Ocean View in Arroyo Grande for under $500k??? This immaculate 2-bedroom, 2-bath condo in a sought-after 55+ community checks every box for comfortable, elegant coastal living. Step out onto your private patio and catch those peek-a-boo OCEAN VIEWS -- the kind that never get old. The entire unit is single-level, tucked on the second floor with elevator access, so you get the best of both worlds: the privacy and light of an upper floor without a single step to navigate once you're there. Everything flows easily, everything feels right. Whether you're downsizing from a larger home or simply ready to trade yard work for sunsets, this one delivers.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2008
Materials
- Foundation: Slab
- Roof: Composition,Shingle
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Oven/Range-Electric
- Laundry features: Electric Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Dining Area
Features
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,053
- Total interior livable area: 1,053 sqft
Master Bedroom
- Level: Lower
Property
Details
- Parcel number: 007776051
- Special condition: Standard
Features
- Stories: 1
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 871.20 sqft
- Features: Sidewalks
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
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 | $2,628 | $31,536 |
| Home Insurance * | $77 | $924 |
| Property Taxes | $455 | $5,460 |
| Electricity | $398 | $4,786 |
| Total | $3,558 | $42,696 |
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 |
|---|---|---|
| 2026-08-11 | Price change | $499,900 |
| 2026-07-20 | Price change | $519,900 |
| 2026-06-25 | Listed for sale | $549,900 |
| 2016-06-22 | Sold | $351,000 |
| 2016-05-22 | Pending sale | $353,900 |
| 2016-05-05 | Listed for sale | $353,900 |
| 2010-01-22 | Sold | $324,000 |
View on Zillow