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Arroyo Grande, CA

$2,950,000

775 Avenida Alcola, Arroyo Grande, CA
4
Beds
4
Baths
5,200
Sq Ft
2010
Built
126
Days listed

About this home

Perched to capture sweeping coastal and valley vistas, this magnificent Tuscan-inspired villa creates a sophisticated yet relaxing atmosphere. Absolutely incredible panoramic views extend to the Pacific Ocean, the Edna Valley, and beyond to the peaks of San Luis Obispo. A welcoming foyer features an elevated beamed ceiling and a beautiful custom wood and iron staircase. The thoughtfully designed floor plan offers elegant engineered wood flooring throughout the main level, complemented by natural wood-beamed ceilings. Five fireplaces throughout the home create a warm and intimate ambiance, while numerous Jeld-Wen windows provide abundant natural light and showcase the surrounding views. The main level includes a gourmet kitchen featuring custom cabinetry with sliding pull-out drawers, a Wolf cooktop with hand-crafted vent hood, built-in refrigerator, wine fridge, spacious granite countertops, and walk-in pantry. The adjoining great room with a wood-burning fireplace offers access on both sides to outdoor living spaces, making it ideal for entertaining. One side opens to a view deck over 50 feet in length, where picturesque vistas of the valley, vineyards, and ocean await. The opposite side leads to a protected courtyard with its own fireplace, creating a relaxed setting to enjoy sunsets and sweeping views. An additional south-facing courtyard is the perfect spot for morning coffee or breakfast as the sun rises above the oak trees. The owner’s suite is a tranquil retreat featuring an elevated ceiling, fireplace, and private view deck. The en-suite bathroom includes a separate soaking tub, walk-in closet, and a spacious step-in shower with valley and ocean views. Two additional guest suites each offer their own bathrooms, with one featuring a private view deck. Additional spaces include a library, gym, and office, each offering flexibility for a variety of uses or potential conversion to additional bedrooms. The home also features abundant storage throughout, including two closets intentionally designed for a future elevator if desired. On the lower level is a approximately 500 sq ft guest studio complete with kitchenette, full bathroom, private access, and private patio. A hobby room is conveniently located near the oversized three-car garage. Surrounded by over 4,500 acres of protected open space, Las Ventanas Ranch is a highly sought-after, exclusive custom home community, located just minutes from the Village of Arroyo Grande and San Luis Obispo.

Facts & features

Interior
Bedrooms
4
Bathrooms
3 full, 1 half
Living area
5,200 sq ft
Interior features
Breakfast Bar, Separate Formal Dining Room, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, Storage, Wired For Sound, Entrance Foyer, Primary Suite, Walk In Pantry, Walk In Closets
Appliances
Double Oven, Dishwasher, Microwave, Propane Cooktop, Refrigerator, Range Hood, Water Softener
Fireplace
Gas, Living Room, Primary Bedroom, Outside, Wood Burning
Heating
Forced Air
Cooling
None
Laundry
Laundry Chute, Gas Dryer Hookup, Inside, Laundry Room
Levels
Two
Spa
None
Exterior & lot
Lot size
1.64 acres (71,438.4 sq ft)
Pool
None
View
Hills, Ocean, Panoramic, Valley, Vineyard, Trees Woods
Architectural style
Mediterranean
Year built
2010
Parking
Garage Faces Side
Parking spaces
3
Community
Area
AG-East of Hwy 101
County
San Luis Obispo
Community features
Foothills, Rural, Gated
Listing details
Status
Active
Property type
Single Family Residence
Days on market
126
Listed
2026-01-12
Original price
$3,290,000
Terms
Cash, Cash To New Loan, Conventional
Parcel #
047023014
MLS #
PI26007148
Listed by
John Souza · Central Coast Sotheby's International Realty

Location

Price history

Listed
$3,290,000 · 2026-01-12
Price reduced
$2,950,000 (−$340,000)
Days on market
126
Current price
$2,950,000
Financing

Could this home be yours?

Estimated monthly payment
$18,506
$14,917 principal & interest · $3,589 taxes & insurance
$590,000
Estimate only
Loan $2,360,000

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Estimated value range nearby
$3,307,056$3,882,197

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Listing data provided by CRMLS

Listing courtesy of Central Coast Sotheby's International Realty. © 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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