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Sold for $509,000
  • Listed by: Compass California, Inc.-PB • Maddie Talley • Contact: 805-779-7800
    Bought with: The Avenue Central Coast Realty, Inc.
    $509,000

    411 Cornwall Ave, Arroyo Grande, CA 93420

    2beds
    720sqft
    Mixed Use
    Built in 1935
    6,000 Square Feet Lot
    $516,900 Zestimate®
    $707/sqft
    $2,947 Estimated rent

    Home value

    $516,900

    $476,000 - $563,000

    $2,947/mo

    Zestimate® history
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    What's special

    Imagine owning a slice of Arroyo Grande's future right on the thriving East Grand corridor, where hidden potential awaits at 411 Cornwall Ave. This isn't just a property—it's your gateway to transformative wealth in one of California's most desirable coastal enclaves, thanks to its underlying lot lines that can be formalized into two standalone parcels via a simple Certificate of Compliance. The upside? Instant flexibility to sell, develop, or flip each lot independently, unlocking amplified profits in a market starving for smart infill opportunities. Zoned Highway Mixed Use, this 6,000 sq ft canvas invites visionary developers to blend residential havens with commercial vibrancy, from cozy live-work spaces to innovative multi-family retreats that capture the essence of Central Coast living. Nestled mere steps from the charming Arroyo Grande Village, it's surrounded by an array of boutique stores, coffee shops, and eateries for effortless daily delights, promising instant appeal for residents craving walkable, lifestyle-driven neighborhoods. With flexible standards, your designs can soar creatively while keeping costs lean and timelines tight.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maddie Talley DRE #02206298 805-709-4215,

    Compass California, Inc.-PB

    Bought with:

    Krissy Bellisario, DRE #01978581

    The Avenue Central Coast Realty, Inc.

    Source: CRMLS,MLS#: PI25236028MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Tub Shower, Vanity
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Microwave, Water Heater
    • Laundry: Gas Dryer Hookup, Inside
    Features
    • All Bedrooms Down
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 720 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground level
    • Patio & porch: None
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,000 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 006175017
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Foundation: Raised
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Arroyo Grande

    Financial & listing details

    • Price per square foot: $707/sqft
    • Tax assessed value: $438,600
    • Annual tax amount: $4,685
    • Date on market: 10/9/2025
    • Cumulative days on market: 61 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    1/16/2026Sold$509,000-7.3%$707/sqft
    Source: CRMLS #PI25236028 Report a problem
    12/9/2025Pending sale$549,000$763/sqft
    Source: CRMLS #PI25236028 Report a problem
    11/14/2025Price change$549,000-5.2%$763/sqft
    Source: CRMLS #PI25236028 Report a problem
    10/25/2025Price change$579,000-6.3%$804/sqft
    Source: CRMLS #PI25236028 Report a problem
    10/9/2025Listed for sale$618,000+43.7%$858/sqft
    Source: CRMLS #PI25236028 Report a problem
    12/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/28/2023Listed for rent$2,250$3/sqft
    Source: Zillow Rentals Report a problem
    10/25/2023Sold$430,000+405.9%$597/sqft
    Source: Public Record Report a problem
    1/6/1998Sold$85,000$118/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,685 +3.3%$438,600 +2%
    2024$4,537 +227%$430,000 +229.7%
    2023$1,388 +1.5%$130,419 +2%
    2022$1,367 +0.2%$127,862 +2%
    2021$1,364 +1.2%$125,356 +1%
    2020$1,348 +0.7%$124,072 +2%
    2019$1,339 +1.2%$121,641 +2%
    2018$1,323 +1.7%$119,256 +2%
    2017$1,301 +5.9%$116,918 +2%
    2016$1,229 $114,627 +1.5%
    2015$1,229 $112,906
    Find assessor info on the county website

    Neighborhood: 93420

    Nearby schools

    GreatSchools rating
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    $527,238