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Arroyo Grande, CA

$1,950,000

1253 E Grand Avenue, Arroyo Grande, CA
7
Days listed

About this home

Rare shovel-ready opportunity: a fully entitled infill site in Arroyo Grande with City-approved plans for eight three-story townhomes. Each home offers approximately 1,867 square feet with 3 bedrooms, 3 full baths, and a powder room. Additional features include a private in-unit elevator, an attached two-car garage, in-unit laundry, a fenced private yard, and a top-floor great room that opens to a balcony. Each home is crowned by its own private ~244-square-foot rooftop deck, with guest parking on site. The eight lots are mapped as a fee-simple planned development with CC&Rs and HOA documents prepared and access from Grand Avenue secured by recorded easement across the adjacent parcel. Modern coastal design just minutes from Highway 101, with Pismo Beach and the Arroyo Grande Village close by. Entitlements in hand, ready to permit and build.

Facts & features

Exterior & lot
Lot size
0.482 acres (21,014 sq ft)
View
Neighborhood
Community
Area
AG-West of Hwy 101
County
San Luis Obispo
Community features
Street Lights, Sidewalks
Listing details
Status
Active
Property type
Land
Days on market
7
Listed
2026-06-17
Terms
Cash, Cash To New Loan
Parcel #
077141053
MLS #
PI26122331
Listed by
Vincent Allan · Allan Real Estate Investments

Location

Price history

Listed
$1,950,000 · 2026-06-17
Days on market
7
Current price
$1,950,000
Financing

Could this home be yours?

Estimated monthly payment
$12,233
$9,860 principal & interest · $2,373 taxes & insurance
$390,000
Estimate only
Loan $1,560,000

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Listing data provided by CRMLS

Listing courtesy of Allan Real Estate Investments. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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