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1078 Corbett Canyon Road, Arroyo Grande, CA 93420

$2.00M3bd · 4ba · 3,500 sqft
Lot 264,845 sqft•Single Family Residence•
Active
•123d on market•MLS# PI-26125447

Property Description

Nestled on about 6 acres in the Arroyo Grande countryside, this expansive property offers a main residence and a detached licensed ADU, complete with all-new exterior paint, panoramic rolling hill views, and a solar panel system. The main home features a 3,500-square-foot layout with 3 bedrooms and 3.5 bathrooms plus the 576 sqft ADU which includes 1 bedrom and 1¾ bathroom located over a two car garage. The garage is also appraised at 576 sqft. Inside, a grand entryway leads to a formal living room with high ceilings and a fireplace, alongside a dedicated dining room and a country-style kitchen with a center island and breakfast nook. The main house also includes a casual family room, a home office with built-in shelving, a large laundry and craft room, and a primary bedroom suite with a walk-in closet and soaking tub. The beautifully landscaped grounds feature tiered backyard decks, a brick patio with a stone fire pit, a garden, and a central gazebo surrounded by structured garden walkways. The acreage includes fruit and olive trees, a large detached metal workshop, and a standalone storage shed. This bright secondary unit features wood-plank ceilings, a fully equipped kitchen, a comfortable bedroom, and a private balcony. This property offers plenty of space and versatility just minutes from the historic Arroyo Grande Village, local beaches, and wineries.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Mountain(s), Ocean
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byNextHome Central Coast, Dick Keenan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,108.03
Principal & Interest
Loan Amount
$1,599,200
Total Interest
$2,039,691
Total Payment Over 30 Years
$3,638,891
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1078 Corbett Canyon Road, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$2.00M
Luxury Tier
Beds
3
Baths
4
Sqft
3,500
Lot
6.08 ac
Year
1990
$/Sqft
$571
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 7.0% below the median closed sale of $2,150,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.00M· $571/sqft
Total list price
Closed comps
vs closed median $2.15M
−$151K (−7.0%)
Active comps
vs active median $2.25M
−$250K (−11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $677
−$106 (−15.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1825 Hi MountainArroyo Grande1996343,1182,312,165$721$2.25M21470
2045 Westhampton DriveArroyo Grande2026443,736108,900$745$2.79M4458
1027 Acorn DriveArroyo Grande1981443,29313,000$470$1.55M14954
539 Palos SecosArroyo Grande2005443,76344,431$583$2.19M154
1360 Red Brome PlaceArroyo Grande1990444,03429,620$866$3.50M5254
Total: 5 · Average3.84.03,588.8501,623.2$677$2.45M92
Median3,736$2.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
267 Mercedes LaneArroyo Grande198905/11/2026433,58328,706$2.15M$2.15M$6001.004771
155 Moore LaneArroyo Grande199805/27/2026453,495161,172$2.00M$1.85M$5290.9312466
1155 Carpenter Canyon RoadArroyo Grande198708/14/2026453,104110,207$2.48M$2.25M$7250.9115560
172 Falcon CrestArroyo Grande199506/10/2026433,769115,434$2.52M$2.44M$6470.979658
525 Raptor StreetArroyo Grande200607/01/2026443,37645,738$1.49M$1.43M$4220.965756
Total: 5 · Average4.04.03,465.492,251.4$2.02M$2.02M$584.6—95.8
Median3,495$2.15M$2.15M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.