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1095 Grieb Drive, Arroyo Grande, CA 93420

$499K2bd · 3ba · 1,312 sqft
Lot 1,582 sqft•HOA $246/mo•Single Family Residence•
Active
•95d on market•MLS# SC-26149230

Property Description

Major price improvement & property will be vacant starting October 22nd! 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 1097 Grieb is also listed 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, a 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 (month-to-month lease) for immediate rental income!

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
None
View
None
Flooring
Carpet, Laminate
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byUnknown Office, Stephanie Ronca

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,523.22
Principal & Interest
Loan Amount
$399,200
Total Interest
$509,158
Total Payment Over 30 Years
$908,358
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

Affordable Tier · 5 active · 5 closed

1095 Grieb Drive, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$499K
Affordable Tier
Beds
2
Baths
3
Sqft
1,312
Lot
1,582 sqft
Year
1979
$/Sqft
$380
Pool: No✓
Spa: No✓
View: None✓
Garage: 1-car✓

Listed 27.9% below the median closed sale of $692,000. Price per sqft ($380) is a 27% discount to closed comps ($520).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $499K· $380/sqft
Total list price
Closed comps
vs closed median $692K
−$193K (−27.9%)
Active comps
vs active median $580K
−$81K (−14.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $593
−$213 (−35.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1097 Grieb DriveArroyo Grande1979231,3121,500$380$499,0009498
232 ElmArroyo Grande1983231,3311,331$436$580,0005994
857 Mesa DriveArroyo Grande1975221,0644,615$587$625,0001179
105 Le Point StreetArroyo Grande1961221,20024,000$1,041$1.25M7879
579 Camino MercadoArroyo Grande2007221,0531,050$520$547,5007376
Total: 5 · Average2.02.41,1926,499.2$592.8$700,10063
Median1,200$580,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1113 Grieb DriveArroyo Grande197905/27/2026211,0571,500$599,000$610,000$5771.023283
421 Golden West PlaceArroyo Grande197110/08/2026321,3075,665$724,000$698,000$5340.969782
1158 Pacific PointeArroyo Grande198907/08/2026321,3262,650$689,000$656,000$4950.953880
634 HalcyonArroyo Grande197008/26/2026321,3949,000$775,000$770,000$5520.995577
1189 Pacific Pointe WayArroyo Grande198805/14/2026331,5642,700$695,000$692,000$4421.003477
Total: 5 · Average2.82.01,329.64,303$685,200$685,200$520—51.2
Median1,326$692,000$692,000

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.