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655 Ralcoa Way, Arroyo Grande, CA 93420

$1.39M4bd · 2ba · 1,915 sqft
Lot 117,176 sqft•Single Family Residence•
Active
•56d on market•MLS# FR-26179751

Property Description

Rare opportunity to own a beautifully reimagined single-level home on 2.69 acres in Arroyo Grande, offering the space and privacy of country living just minutes from town. Designed for easy Central Coast living, this 4-bedroom, 2-bath home combines a fresh, modern interior with the freedom of usable acreage, a three-car garage, owned solar with Tesla Powerwalls, and a separate detached space ideal for an office, studio, workshop, or creative retreat. Inside, nearly every detail has been thoughtfully updated. The light-filled interior features new flooring, dual-pane windows, updated doors and lighting, custom storage and closets, and a beautifully redesigned kitchen with quartz countertops, new cabinetry, backsplash, fixtures, and appliances. Both bathrooms have been refreshed, including a spacious walk-in shower in the primary suite. Major improvements extend well beyond the finishes and include a new roof, updated plumbing fixtures, new driveway, oversized owned solar system, two Tesla Powerwalls, Nest smart-home features, and extensive interior and exterior updates—creating a home that is truly move-in ready. Outside is where this property sets itself apart. With 2.69 acres, there is room to spread out, create gardens or an orchard, enjoy outdoor entertaining, pursue equestrian interests, or simply appreciate the privacy and open space that are increasingly difficult to find. The separate detached building adds even more flexibility for work, hobbies, or storage. No HOA. Single-level living. Three-car garage. Acreage. Energy independence. Beautifully updated and ready to enjoy. 655 Ralcoa Way offers something increasingly rare in Arroyo Grande: a turnkey home with land, privacy, flexibility, and room to make the property your own.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
None
View
Pasture, Trees/Woods
Flooring
Laminate
City
Arroyo Grande
Zip Code
93420
County
San Luis Obispo
Listed byUnknown Office, Brian Dombroski

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,028.60
Principal & Interest
Loan Amount
$1,112,000
Total Interest
$1,418,295
Total Payment Over 30 Years
$2,530,295
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

Residential Tier · 5 active · 5 closed

655 Ralcoa Way, Arroyo Grande, CA 93420

Arroyo Grande · Single Family Residence

$1.39M
Residential Tier
Beds
4
Baths
2
Sqft
1,915
Lot
2.69 ac
Year
1988
$/Sqft
$726
Pool: No✓
View: Pasture, Trees/Woods✓
Garage: 3-car✓

Listed 40.7% above the median closed sale of $988,153. Price per sqft ($726) is a 27% premium to closed comps ($573).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.39M· $726/sqft
Total list price
Closed comps
vs closed median $988K
+$402K (+40.7%)
Active comps
vs active median $1.09M
+$295K (+26.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $657
+$69 (+10.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
688 RalcoaArroyo Grande1978321,72991,476$633$1.09M12480
1044 Fair Oaks AvenueArroyo Grande1986321,5858,454$560$887,0003170
1123 Fair OaksArroyo Grande1982321,53616,159$529$812,0003069
1414 PomeroyArroyo Grande1917532,29581,022$523$1.20M1069
979 NoyesArroyo Grande1986432,2121,166,972$1,040$2.30M10168
Total: 5 · Average3.62.41,871.4272,816.6$657$1.26M59.2
Median1,729$1.09M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
917 PrintzArroyo Grande197707/31/2026322,095108,900$1.14M$988,153$4720.8710583
281 Chelsea CourtArroyo Grande199409/24/2026321,8207,397$995,000$973,000$5350.986473
407 ChaparralArroyo Grande198907/31/2026421,5758,102$949,000$960,000$6101.014273
1005 Robin CircleArroyo Grande198606/24/2026321,8276,000$1.13M$1.13M$6181.004072
330 StagecoachArroyo Grande197906/19/2026421,7137,405$1.07M$1.07M$6281.006872
Total: 5 · Average3.42.01,80627,560.8$1.03M$1.03M$572.6—63.8
Median1,820$988,153$988,153

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.