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579 Camino Mercado, Arroyo Grande, CA 93420

$555K2bd · 2ba · 1,053 sqft
Lot 1,050 sqft•HOA $435/mo•Condominium•
Active
•156d on market•MLS# PI-26100123

Property Description

Welcome to a move in ready, single level condo in Ocean Oaks a 55+ community. Built in 2007 a 2 bedrooms, 2 baths with a large master bedroom and large ensuite. Master bathroom includes spacious shower with 2 built in benches and a large vanity with plenty of storage space. The second bedroom has easy access to the second bathroom with enclosed custom bathtub. Living room features a fireplace and room for a large couch, recliner, coffee table, entertainment center and your big screen tv. Enjoy your private south facing, sunny patio with views and access from the living room and master suite. Includes a covered parking space and plenty of easy parking directly in front for convenience. Large storage room off the patio and access to the clubhouse to host larger events. If you’re looking for a newer, ground floor condo that is move in ready and low maintenance living, Ocean Oaks is the place. Close to restaurants and shops and a short drive to the beach, park and wineries. Come take a look at a beautifully planned 3.9 acres on the central coast. #209

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
Central
Cooling
See Remarks
View
City Lights
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byAuer Real Estate Inc., Brenda J Auer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,806.13
Principal & Interest
Loan Amount
$443,960
Total Interest
$566,247
Total Payment Over 30 Years
$1,010,207
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, Arroyo Grande, CA 93420

Arroyo Grande · Condominium

$555K
Affordable Tier
Beds
2
Baths
2
Sqft
1,053
Lot
1,050 sqft
Year
2007
$/Sqft
$527
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $550,000. 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 $555K· $527/sqft
Total list price
Closed comps
vs closed median $550K
+$5K (+0.9%)
Active comps
vs active median $539K
+$16K (+3.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $497
+$30 (+6.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
579 Camino MercadoArroyo Grande2007229680$557$539,0006596
579 Camino MercadoArroyo Grande2008221,0530$475$499,90010794
579 Camino MercadoArroyo Grande2008221,0531,050$521$549,0005194
280 Spruce StreetArroyo Grande1982221,1001,155$485$534,00012880
1221 Farroll AvenueArroyo Grande1982221,2541,254$447$560,0002479
Total: 5 · Average2.02.01,085.61,153$497$536,38075
Median1,053$539,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1215 FarrollArroyo Grande198306/17/2026221,0731,073$599,000$599,000$5581.004684
1165 MapleArroyo Grande198006/04/2026221,0901,090$515,000$515,000$4721.0014782
278 SpruceArroyo Grande198205/07/2026221,1551,155$519,000$550,000$4761.062778
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.