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Sold for $2,440,000
  • Listed by: Compass • Abigail Maguire • Contact: 805-544-7000
    Bought with: Webber-Nelson Real Estate, Inc
    $2,440,000

    172 Falcon Crest Dr, Arroyo Grande, CA 93420

    4beds
    3,769sqft
    Single Family Residence
    Built in 1995
    2.65 Acres Lot
    $2,444,800 Zestimate®
    $647/sqft
    $5,328 Estimated rent

    Home value

    $2,444,800

    $2.27M - $2.64M

    $5,328/mo

    Zestimate® history
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    What's special

    New roofNew furnaceLarge three-car garageFully remodeled bathroomsGenerous parkingWood floorsTankless water heater
    Nestled within the gated community of Falcon Ridge Estates in Arroyo Grande, 172 Falcon Crest Drive is perched atop a recently landscaped 2.65 acre lot and overlooks a lush valley and glimmers of the Pacific Ocean in the distance. The single story 3,769 sqft main residence features 3 spacious bedrooms, 3 bathrooms, and a versatile bonus room that could easily serve as a fourth bedroom, office, or media space. Cathedral ceilings soar throughout the home, complemented by expansive windows that flood the interior with natural light. A wood burning fireplace centers one of the two living rooms, and air conditioning allows for year round comfort. Nearly the entire home was thoughtfully renovated in 2023, including a new roof, wood floors, fully remodeled bathrooms, tankless water heater, new furnace, and most other interior/exterior finishes. One of the home’s most captivating features is the expansive 1,700+ sq ft heated wraparound porch. Above the large three-car garage, a private 1,100 sqft guest house (not included in the 3,769 sqft of main residence) provides incredible flexibility and value. Complete with its own kitchen, bathroom, living room, and bedroom, it’s ideal for family, guests, or potential rental income. Additional highlights include owned solar panels for energy efficiency and sustainability, generous parking, and a fully fenced playground space for littles or pets. This is a rare opportunity to own a unique turnkey property offering space, privacy, and stunning Central Coast views—all just a few minutes from the charming Village of Arroyo Grande, Pismo Beach, and San Luis Obispo.

    Zillow last checked:

    Listing updated:

    Listed by:

    Abigail Maguire DRE #02023157 805-458-3230,

    Compass

    Bought with:

    Ty Christensen, DRE #01470040

    Webber-Nelson Real Estate, Inc

    Source: CRMLS,MLS#: SC26048469MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Bonus Room, Bedroom, Family Room, Great Room, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Down
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • All Bedrooms Down, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,769 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Hills, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2.65 Acres
    • Features: 2-5 Units/Acre, Landscaped, Sprinkler System
    Details
    • Parcel number: 075391055
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Features: Street Lights
    HOA
    • Has HOA: Yes
    • Amenities included: Management
    • HOA fee: $210 monthly
    • HOA name: Falcon Ridge Estates
    • HOA phone: 805-938-3131
    Location
    • Region: Arroyo Grande

    Financial & listing details

    • Price per square foot: $647/sqft
    • Tax assessed value: $1,479,000
    • Annual tax amount: $15,799
    • Date on market: 3/10/2026
    • Cumulative days on market: 37 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    6/10/2026Sold$2,440,000-3.4%$647/sqft
    Source: CRMLS #SC26048469 Report a problem
    4/19/2026Pending sale$2,525,000$670/sqft
    Source: CRMLS #SC26048469 Report a problem
    4/10/2026Price change$2,525,000-4.7%$670/sqft
    Source: CRMLS #SC26048469 Report a problem
    3/10/2026Listed for sale$2,650,000+82.8%$703/sqft
    Source: CRMLS #SC26048469 Report a problem
    7/25/2023Sold$1,450,000-7%$385/sqft
    Source: Public Record Report a problem
    7/12/2023Pending sale$1,559,000$414/sqft
    Source: CRMLS #SC23116643 Report a problem
    6/30/2023Listed for sale$1,559,000+1255.7%$414/sqft
    Source: CRMLS #SC23116643 Report a problem
    6/20/1994Sold$115,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,799 +3.3%$1,479,000 +2%
    2024$15,300 +198.2%$1,450,000 +196.4%
    2023$5,130 +1.6%$489,190 +2%
    2022$5,051 +0.2%$479,599 +2%
    2021$5,040 +1.2%$470,196 +1%
    2020$4,981 +0.8%$465,376 +2%
    2019$4,944 +1.2%$456,252 +2%
    2018$4,883 +1.7%$447,307 +2%
    2017$4,801 +5.9%$438,537 +2%
    2016$4,534 $429,939 +1.5%
    2015$4,534 $423,481 +11.5%
    2007-- $379,886 +2%
    2006-- $372,438
    Find assessor info on the county website

    Neighborhood: 93420

    Nearby schools

    GreatSchools rating
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    $2,444,800
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    $2,493,696