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887 North 5th, Grover Beach, CA 93433

$995K4bd · 3ba · 2,177 sqft
Lot 6,000 sqft•HOA $140/mo•Single Family Residence•
Active
•46d on market•MLS# PI-26187665

Property Description

Welcome to 887 N 5th Street, located within the gated Mar Brisa community of Grover Beach. This custom-built home offers approximately 2,177 square feet of living space with 4 bedrooms and 2.5 bathrooms on a 6,000-square-foot lot. The spacious floor plan includes a living room with fireplace, dining area, kitchen, and a sunroom that provides additional space to relax and enjoy the Central Coast lifestyle. Partial city and hillside views can be enjoyed from the property, while the attached two-car garage and generous driveway provide ample off-street parking. Built in 1990 and largely retaining its original finishes, the home presents an excellent opportunity for a new owner to update and personalize the property to their own taste. With its generous square footage, four-bedroom layout, gated setting, and convenient Grover Beach location, this property offers a compelling combination of space, potential, and location on California’s Central Coast.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
Hills
Flooring
Carpet, Tile, Wood
Roof
Tile
City
Grover Beach
Zip Code
93433
County
San Luis Obispo
Listed byDarrel Kullman, Broker, Darrel Kullman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,031.26
Principal & Interest
Loan Amount
$796,000
Total Interest
$1,015,254
Total Payment Over 30 Years
$1,811,254
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

887 North 5th, Grover Beach, CA 93433

Grover Beach · Single Family Residence

$995K
Residential Tier
Beds
4
Baths
3
Sqft
2,177
Lot
6,000 sqft
Year
1990
$/Sqft
$457
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 2-car✓

Listed in line with the median closed sale of $985,000. Price per sqft ($457) is a 13% discount to closed comps ($524).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $995K· $457/sqft
Total list price
Closed comps
vs closed median $985K
+$10K (+1.0%)
Active comps
vs active median $1.25M
−$255K (−20.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $579
−$122 (−21.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1485 Del MarGrover Beach1998432,4656,100$547$1.35M8892
250 7thGrover Beach2025442,0634,023$642$1.32M2581
329 14th StreetGrover Beach1960532,4844,320$503$1.25M8275
363 5thGrover Beach1947321,7997,500$639$1.15M3173
1499 FarrollGrover Beach1947532,12336,155$563$1.20M13766
Total: 5 · Average4.23.02,186.811,619.6$578.8$1.25M72.6
Median2,123$1.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
700 Mira Mar CourtGrover Beach198106/24/2026432,1005,754$999,000$985,000$4690.995494
602 Balboa StreetGrover Beach199806/11/2026332,0005,800$948,800$932,000$4660.984989
612 SeabrightGrover Beach199006/03/2026331,9674,000$878,000$904,500$4601.033686
348 3rdGrover Beach200809/10/2026431,9093,700$1.12M$1.02M$5370.9210284
338 6thGrover Beach200708/31/2026331,9577,405$1.40M$1.34M$6870.9612984
Total: 5 · Average3.43.01,986.65,331.8$1.04M$1.04M$523.8—74
Median1,967$985,000$985,000

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.