$710,000
Sold Price582 Newman Drive, Arroyo Grande, CA 93420
About this home
Don’t miss this rare Arroyo Grande opportunity for an expansive 0.86-acre parcel (approx. 37,545 sq. ft.) with remarkable potential for redevelopment or subdivision. The property currently features a 1,219 sq. ft., 3-bedroom, 1-bath, single-level home with an attached 2-car garage, a wide carport for covered parking, and a detached 2-car garage/workshop. While the existing home offers limited value, the true appeal lies in the land and its future possibilities. According to talks with the City of Arroyo Grande, the parcel may be eligible for subdivision with potential for allowing for a Single-Family Residence, an Accessory Dwelling Unit (ADU), and/or a Junior ADU on the sub-dived parcels (buyer to verify). The property is mostly level, fenced, and includes gated rear access—offering convenience for future construction access, RV or boat storage, or work vehicles. Located just minutes from the charming Arroyo Grande Village, local schools, and everyday amenities, this substantial property represents one of the area’s most promising development or investment opportunities. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent with the City of Arroyo Grande and appropriate professionals. Buyers are also encouraged to perform their own due diligence regarding all development options with the City of Arroyo Grande.
infoProperty Facts
Bedrooms
3
Bathrooms
1
Square Feet
1,219
Lot Size
37,548.72 sqft
Year Built
1949
Property Type
Single Family Residence
Days on Market
53
HOA Fee
N/A
Garage Total
2
MLS #
PI25243680
chairInterior Details
General Interior
Interior Features
All Bedrooms Down, Bedroom On Main Level, Main Level Primary
Bed & Bath
Main Level Master
Yes
deckExterior & Lot
Building & Construction
Patio & Porch
Concrete
Foundation
Slab
Roof
Composition
Direction Faced
South
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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