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Sold for $2,395,000
  • Listed by: Navigators Real Estate • Alice Frawley Bicksler • Contact: 805-591-9931
    Bought with: Keller Williams Realty Central Coast
    Tax assessed value
    $2,395,000

    2840 Kip Ln, Arroyo Grande, CA 93420

    5beds
    4,391sqft
    Single Family Residence
    Built in 1991
    2.5 Acres Lot
    $2,512,500 Zestimate®
    $545/sqft
    $6,105 Estimated rent

    Home value

    $2,512,500

    $2.39M - $2.64M

    $6,105/mo

    Zestimate® history
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    What's special

    Welcome to your private gated Mediterranean sanctuary, where luxury meets tranquility on this exclusive 2.5-acre estate featuring two homes. Nestled at the end of a secluded road, this exceptional property offers panoramic views of the ocean, dunes and sparkling skyline with owls and hawks. Approaching the estate, you are greeted by a meticulously landscaped garden in the roundabout, adorned with an artistic hand-laid stone path that guides you through the vibrant blooms. The main home entrance features grand double wrought iron doors, hinting at the elegance and craftsmanship found within. Inside, the main residence exudes warmth and sophistication with gleaming Koa wood floors that lead you through spacious living areas filled with natural light from the expansive wall of windows. The kitchen is equipped with newer appliances, prep sink, granite countertops, walk in pantry and a center island, ideal for culinary enthusiasts and entertainers alike.The master suite is a haven of luxury with a see through fireplace offering serene vistas and a spa-like bathroom retreat. Enter the office/media room through an artfully carved wood door from Turkey. This room provides a tranquil space to unwind or work at the built-in desk. This space is flexible and could be used as an additional guest room. Downstairs, discover a self-contained living space with its own entrance. A roomy bedroom, full bath, and living room complete with wine cellar and kitchenette offers flexibility for guests or extended family. Each room enjoys spectacular views, blurring the lines between indoor comfort and outdoor splendor. A highlight of this property is the charming 2-bedroom, 2-bath guest house, providing comfortable accommodations with its own kitchen, living area, private patio, garden and two car garage with laundry hookups. Outdoors, multiple patios and terraces provide inviting spaces for outdoor living and entertaining. An outdoor kitchen enhances the experience, allowing for seamless alfresco dining while enjoying the coastal breeze and stunning sunsets. The expansive grounds offer endless opportunities, making it a haven for outdoor enthusiasts and entertainers alike. This Mediterranean masterpiece combines privacy, luxury, and unparalleled views, offering a rare opportunity to own a secluded retreat in a coveted location. Whether you seek a tranquil oasis or an entertainer's paradise, this estate promises the lifestyle of your dreams on the California coast.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alice Frawley Bicksler DRE #00818334 805-471-0312,

    Navigators Real Estate

    Bought with:

    Paul Swack, DRE #02032510

    Keller Williams Realty Central Coast

    Source: CRMLS,MLS#: SC24121517MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Foyer, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Wine Cellar, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Granite Counters, Linen Closet, Multiple Shower Heads, Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Stone Counters
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Tankless Water Heater, Water To Refrigerator, Water Heater, Warming Drawer, Water Purifier, Sump Pump
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, Storage, Bar, Bedroom on Main Level, Entrance Foyer, Main Level Primary, Primary Suite, Wine Cellar
    • Flooring: Wood
    • Doors: Double Door Entry, Mirrored Closet Door(s)
    • Windows: Blinds, Bay Window(s), Double Pane Windows, Skylight(s)
    • Basement: Sump Pump
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room, Primary Bedroom, See Through, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,391 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Asphalt, Circular Driveway, Door-Multi, Electric Gate, Garage Faces Front, Garage, Guest, Gated, Oversized, Paved, Workshop in Garage
    • Attached garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground floor
    • Patio & porch: Concrete, Patio
    • Exterior features: Barbecue, Rain Gutters
    • Pool features: None
    • Has spa: Yes
    • Spa features: See Remarks
    • Fencing: Average Condition,Wood
    • Has view: Yes
    • View description: City Lights, Coastline, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    • Waterfront features: Ocean Side Of Highway
    Lot
    • Size: 2.5 Acres
    • Features: 2-5 Units/Acre, Drip Irrigation/Bubblers, Pasture, Rectangular Lot, Sprinkler System
    Details
    • Additional structures: Second Garage, Guest House Detached, Two On A Lot
    • Parcel number: 075281008
    • Zoning: RS
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Raised, Slab
    • Roof: Spanish Tile,Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Electric: 220 Volts in Laundry, 220 Volts For Spa
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

    Community & HOA

    Community
    • Features: Rural, Ravine
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Arroyo Grande

    Financial & listing details

    • Price per square foot: $545/sqft
    • Tax assessed value: $2,395,000
    • Annual tax amount: $25,488
    • Date on market: 6/27/2024
    • Cumulative days on market: 125 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: Fridges in Main home and guest home. Carved wood door to media room, glass door to downstairs unit. Large outdoor table & chairs.
    • Exclusions: Washers and dryers in guest home, Garage fridge, yard art, TVs.
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/13/2024Sold$2,395,000-7%$545/sqft
    Source: CRMLS #SC24121517 Report a problem
    11/2/2024Contingent$2,575,000$586/sqft
    Source: CRMLS #SC24121517 Report a problem
    10/4/2024Price change$2,575,000-2.8%$586/sqft
    Source: CRMLS #SC24121517 Report a problem
    6/27/2024Listed for sale$2,650,000+10.4%$604/sqft
    Source: CRMLS #SC24121517 Report a problem
    12/1/2021Sold$2,400,000+9.1%$547/sqft
    Source: Public Record Report a problem
    11/1/2021Pending sale$2,200,000$501/sqft
    Source: CRMLS #PI21229690 Report a problem
    10/24/2021Contingent$2,200,000$501/sqft
    Source: CRMLS #PI21229690 Report a problem
    10/22/2021Listed for sale$2,200,000+300%$501/sqft
    Source: CRMLS #PI21229690 Report a problem
    6/16/1995Sold$550,000$125/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,488 +125.9%$2,395,000 +121.3%
    2024$11,283 +1.2%$1,082,477 +2%
    2023$11,153 +1.5%$1,061,253 +2%
    2022$10,983 -2.2%$1,040,445 -0.4%
    2021$11,226 +1.2%$1,044,517 +1%
    2020$11,097 +0.6%$1,033,808 +2%
    2019$11,028 +1.2%$1,013,538 +2%
    2018$10,895 +1.9%$993,666 +2%
    2017$10,689 +6%$974,184 +2%
    2016$10,080 $955,083 +1.5%
    2015$10,080 +5.4%$940,737 +2%
    2014$9,564 $922,310 +2.5%
    2012-- $900,141 +2%
    2011-- $882,492 +0.8%
    2010-- $875,897 -0.2%
    2009-- $877,979 +2%
    2008-- $860,765 +4%
    2006-- $827,342 +2%
    2005-- $811,121 +2%
    2004-- $795,217 +1.9%
    2003-- $780,643 +2%
    2002-- $765,337 +39.2%
    2001-- $550,000
    Find assessor info on the county website

    Neighborhood: 93420

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Arroyo Grande

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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