Don’t miss this rare Arroyo Grande opportunity for an expansive 0.86-acre parcel (approx. 37,545 sq. ft.) with remarkable potential for redevelopment or subdivision. The property currently features a 1,219 sq. ft., 3-bedroom, 1-bath, single-level home with an attached 2-car garage, a wide carport for covered parking, and a detached 2-car garage/workshop. While the existing home offers limited value, the true appeal lies in the land and its future possibilities. According to talks with the City of Arroyo Grande, the parcel may be eligible for subdivision with potential for allowing for a Single-Family Residence, an Accessory Dwelling Unit (ADU), and/or a Junior ADU on the sub-dived parcels (buyer to verify). The property is mostly level, fenced, and includes gated rear access—offering convenience for future construction access, RV or boat storage, or work vehicles. Located just minutes from the charming Arroyo Grande Village, local schools, and everyday amenities, this substantial property represents one of the area’s most promising development or investment opportunities. All information provided is deemed reliable but not guaranteed and should be independently verified by the buyer and buyer’s agent with the City of Arroyo Grande and appropriate professionals. Buyers are also encouraged to perform their own due diligence regarding all development options with the City of Arroyo Grande.
Sold for $710,000
Listed by: Real Broker • Kathy Fissori • Contact: 805-773-4130
Bought with: Real Broker
$710,000
582 Newman Dr, Arroyo Grande, CA 93420
3beds
1,219sqft
Single Family Residence
Built in 1949
0.86 Acres Lot
$713,600 Zestimate®
$582/sqft
$3,711 Estimated rent
Home value
$713,600
$657,000 - $778,000
$3,711/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kathy Fissori DRE #01403817 805-540-4866,
Real Broker,
Peter Joehnk DRE #02094564,
Real Broker
Bought with:
Peter Joehnk, DRE #02094564
Real Broker
Source: CRMLS,MLS#: PI25243680
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,219 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Attached garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Patio & porch: Concrete
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood, Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 0.86 Acres
- Features: 0-1 Unit/Acre, Back Yard
Details
- Parcel number: 006381006
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, See Remarks, Water Available
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Arroyo Grande
Financial & listing details
- Price per square foot: $582/sqft
- Tax assessed value: $68,961
- Date on market: 11/4/2025
- Cumulative days on market: 53 days
- Listing terms: Cash,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $710,000-11.1%$582/sqft |
Source:  CRMLS #PI25243680 Report a problem | ||
| 1/2/2026 | Pending sale | $799,000$655/sqft |
Source: CRMLS #PI25243680 Report a problem | ||
| 11/21/2025 | Price change | $799,000-5.9%$655/sqft |
Source: CRMLS #PI25243680 Report a problem | ||
| 11/5/2025 | Listed for sale | $849,000$696/sqft |
Source: CRMLS #PI25243680 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $68,961 +2% |
| 2025 | $647 +3.5% | $67,610 +2% |
| 2024 | $626 +1.4% | $66,285 +2% |
| 2023 | $617 +1.8% | $64,987 +2% |
| 2022 | $606 +0.4% | $63,714 +2% |
| 2021 | $603 +1.3% | $62,465 +1% |
| 2020 | $596 +1% | $61,825 +2% |
| 2019 | $590 +1.5% | $60,614 +2% |
| 2018 | $581 +2% | $59,427 +2% |
| 2017 | $570 +6.1% | $58,263 +2% |
| 2016 | $537 | $57,121 +1.5% |
| 2015 | $537 +5.2% | $56,264 +2% |
| 2014 | $511 | $55,163 +2.5% |
| 2012 | -- | $53,838 +2% |
| 2011 | -- | $52,783 +0.8% |
| 2010 | -- | $52,390 -0.2% |
| 2009 | -- | $52,516 +2% |
| 2008 | -- | $51,487 +2% |
| 2007 | -- | $50,478 +2% |
| 2006 | -- | $49,489 +2% |
| 2005 | -- | $48,520 +2% |
| 2004 | -- | $47,569 +1.9% |
| 2003 | -- | $46,698 +2% |
| 2002 | -- | $45,783 +2% |
| 2001 | -- | $44,887 |
Find assessor info on the county website
Neighborhood: 93420
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Nearby schools
GreatSchools rating
- 7/10Harloe Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10Paulding Middle SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 0.4 mi
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- California
- San Luis Obispo County
- Arroyo Grande
- 93420
- 582 Newman Dr
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