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Arroyo Grande, CA

$1,095,000

688 Ralcoa, Arroyo Grande, CA
3
Beds
2
Baths
1,729
Sq Ft
1978
Built
47
Days listed

About this home

Rare Arroyo Grande Mesa ranchette offering space, usability, and flexibility on just over 2 flat, fully gated acres. Set on one of the most functional lots in the development, this approximately 1,729 sq. ft. single-level home features a wide-open floor plan, three bedrooms, two full bathrooms, and a rural-residential setting ideal for buyers seeking room to spread out. The spacious primary suite includes its own walk-in shower and upgraded vanity, while the two additional bedrooms share a full bathroom. The open living, dining, and kitchen areas create an easy flow for everyday living, entertaining, and enjoying the indoor-outdoor lifestyle that makes the Mesa so desirable. Outside, the property is where the opportunity truly stands out. The flat, usable land is well-suited for equestrian use, animals, gardens, equipment, storage, or future improvements. An existing horse corral, private well, and approximately 4,000 gallons of water storage provide a strong foundation for a more self-sufficient Central Coast lifestyle. With this much usable acreage, there may also be potential for a workshop, expanded garden area, hobby farm setup, additional storage, or an ADU, subject to buyer investigation and applicable County approvals. Located in a desirable Arroyo Grande Mesa setting with convenient access to the Village, beaches, shopping, dining, wineries, and the Five Cities area, 688 Ralcoa Way offers a rare combination of single-level living, usable acreage, and long-term flexibility. Flat, functional land in this location is hard to replace.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,729 sq ft
Interior features
All Bedrooms Down, Main Level Primary
Flooring
Laminate
Fireplace
Living Room
Heating
Forced Air
Cooling
None
Laundry
In Garage
Levels
One
Exterior & lot
Lot size
2.1 acres (91,476 sq ft)
Pool
None
View
Bluff, Hills, Meadow, Trees Woods
Year built
1978
Parking spaces
2
Community
Area
AG Mesa
County
San Luis Obispo
Community features
Stables, Mountainous, Rural
Listing details
Status
Active
Property type
Single Family Residence
Days on market
47
Listed
2026-05-01
Original price
$125,000
Terms
Submit
Parcel #
091401047
MLS #
SC26103356
Listed by
Ryan Benson · Peak Properties

Location

Price history

Listed
$125,000 · 2026-05-01
Days on market
47
Current price
$1,095,000
Financing

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Estimated monthly payment
$6,869
$5,537 principal & interest · $1,332 taxes & insurance
$219,000
Estimate only
Loan $876,000

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Estimated value range nearby
$1,024,082$1,202,183

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Listing data provided by CRMLS

Listing courtesy of Peak 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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