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579 Camino Mercado, 212, Arroyo Grande, CA 93420

$539K2bd · 2ba · 968 sqft
HOA $436/mo•Condominium•
Active
•67d on market•MLS# PI-26171155

Property Description

Sit back and enjoy lovely hill views from your living room! Relax in this beautiful home that has many tasteful updates. Very private with nobody above and nobody below. You would not need to do a thing! The Ocean Oaks community is nestled in the hills of Arroyo Grande surrounded by oak trees and yet at the same time, you are less than 5 minutes from amenities like shopping, dining and convenient freeway access. The gorgeous ocean awaits you and is just a 10 minute drive and if you head 5 minutes south, your in the Village of Arroyo Grande. This spacious 2 bedroom, 2 bathroom home has all that you need including washer/dryer, and refrigerator. The kitchen is open with recessed lighting and a large pantry closet for all your goodies. Luxury vinyl plank throughout the home. Cozy up on cold nights with your beautiful fireplace and hearth or sit out on your balcony and enjoy the sunsets and sunrises. Need a little extra space to entertain? Utilize the fully equipped Clubhouse next door for all that it is has to offer, including a whole other kitchen! Enjoy the luxury of having an elevator within every building and this unit, comes with a storage closet in the assigned carport space. Located in Building A, this unit is most convenient to access amenities, including all the guest parking! Ocean Oaks is a 55+ development which is meticulously cared for by the HOA which includes security cameras throughout the property for added piece of mind. Come see this very lovely home!

Features & Amenities

FeeBuilt 2007

Property Details

Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Fireplace(s)
Cooling
None
View
City Lights, Hills
Flooring
Vinyl
Roof
Composition
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byAndrews Real Estate Group Inc, Maalaea Quirk

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,725.48
Principal & Interest
Loan Amount
$431,200
Total Interest
$549,972
Total Payment Over 30 Years
$981,172
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 · 3 closed

579 Camino Mercado, 212, Arroyo Grande, CA 93420

Arroyo Grande · Condominium

$539K
Affordable Tier
Beds
2
Baths
2
Sqft
968
Lot
0 sqft
Year
2007
$/Sqft
$557
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $550,000. Price per sqft ($557) is a 11% premium to closed comps ($502). Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $539K· $557/sqft
Total list price
Closed comps
vs closed median $550K
−$11K (−2.0%)
Active comps
vs active median $549K
−$10K (−1.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $491
+$66 (+13.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
579 Camino MercadoArroyo Grande2007221,0531,050$527$554,95015594
579 Camino MercadoArroyo Grande2008221,0530$475$499,90010891
579 Camino MercadoArroyo Grande2008221,0531,050$521$549,0005290
280 Spruce StreetArroyo Grande1982221,1001,155$485$534,00012876
1221 Farroll AvenueArroyo Grande1982221,2541,254$447$560,0002475
Total: 5 · Average2.02.01,102.61,127.25$491$539,57093.4
Median1,053$549,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1215 FarrollArroyo Grande198306/17/2026221,0731,073$599,000$599,000$5581.004680
1165 MapleArroyo Grande198006/04/2026221,0901,090$515,000$515,000$4721.0014778
278 SpruceArroyo Grande198205/07/2026221,1551,155$519,000$550,000$4761.062774
Total: 3 · Average2.02.01,1061,106$554,666.667$554,666.667$502—73.33333333333333
Median1,090$550,000$550,000

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.