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Arroyo Grande, CA

$1,189,000

581 Newman Drive, Arroyo Grande, CA
4
Beds
3
Baths
2,300
Sq Ft
1959
Built
2
Days listed

About this home

Rare Central Coast gem! First time on the market in over 55 years, this exceptionally well-loved and meticulously maintained Arroyo Grande property blends move-in ready comfort with unmatched potential.Perfectly situated on an extra-extra-large lot consisting of two parcels within the highly desirable Harloe Elementary School district, the main home features a versatile 3-to-4 bedroom, 2-bathroom layout. The functional floor plan includes a welcoming living room, a formal dining room, an updated kitchen, and a dedicated laundry area. Thoughtfully updated and remodeled over the years, the interior embraces a quaint, comfortable feel, effortlessly paired with beautifully landscaped, low-maintenance front and backyards.The expansive, private backyard is a true private outdoor oasis. Complete with a cozy fire pit, it offers a quiet, serene country feel while remaining exceptionally close to everything the Central Coast has to offer—including the historic Village of AG within walking distance and the Arroyo Grande Community Hospital just minutes away. The property also features a beautifully finished stone-paved driveway with abundant parking, alongside a detached garage conversion casita with a full bath—ideal as a 5th bedroom, guest suite, granny unit, home office, or steady rental income. For forward-thinking buyers, developers, or multi-generational families, this property offers incredible future potential. Take advantage of the existing large parcels and maximize the oversized footprint to build additional housing units, or explore the opportunity to execute an SB9 "urban lot split" subdivision. Unlock maximum value by adding additional primary residences, ADU, or JADU units. (Buyer to verify all local ordinances, zoning, density limits, and development options with the City of Arroyo Grande and state housing mandates) All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent and with appropriate professionals. Buyers are also encouraged to perform their own due diligence. Don't miss this once-in-a-lifetime opportunity to own a premium piece of paradise and a very well-loved home while living the coveted SLO life in AG!

Facts & features

Interior
Bedrooms
4
Bathrooms
3 full
Living area
2,300 sq ft
Interior features
Breakfast Bar, Crown Molding, Granite Counters, Recessed Lighting, Storage, Tile Counters, Attic, Bedroom On Main Level, Walk In Pantry, Walk In Closets, Workshop
Appliances
Double Oven, Electric Cooktop, Electric Oven, Disposal, Microwave, Water Softener, Water Heater
Flooring
Carpet, Laminate, Vinyl
Fireplace
Gas, Living Room
Heating
Central, Fireplaces, Natural Gas
Cooling
None
Laundry
Laundry Chute, Inside
Levels
Two
Spa
In Ground, See Remarks
Exterior & lot
Lot size
0.316 acres (13,747 sq ft)
Pool
None
View
Mountains, Neighborhood, Trees Woods
Architectural style
Colonial, Traditional
Year built
1959
Parking
Converted Garage, Covered, Carport, Driveway Down Slope From Street, Driveway, Garage, Garage Door Opener, On Site, Paved, One Space, See Remarks, Tandem, Workshop In Garage
Parking spaces
1
Community
Area
AG-West of Hwy 101
County
San Luis Obispo
Community features
Gutters, Street Lights
Listing details
Status
Active
Property type
Single Family Residence
Days on market
2
Listed
2026-07-09
Terms
Cash, Cash To New Loan, Submit
Parcel #
006381037
MLS #
PI26148348
Listed by
Pamela Storton · Storton Properties

Location

Price history

Listed
$1,189,000 · 2026-07-09
Days on market
2
Current price
$1,189,000
Financing

Could this home be yours?

Estimated monthly payment
$7,459
$6,012 principal & interest · $1,447 taxes & insurance
$237,800
Estimate only
Loan $951,200

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Estimated value range nearby
$1,466,479$1,721,519

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Listing data provided by CRMLS

Listing courtesy of Storton Properties. © 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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