Live, rent, and ride on this exceptional 2.5-acre equestrian property in the peaceful countryside of Arroyo Grande, California. Where Architectural Charm Meets Equestrian. Experience the ultimate Central Coast lifestyle!
Offering a rare three-unit living configuration across two homes, fully usable estate is perfectly designed for multi-generational living, massive rental income, or a live-work lifestyle. on this fully usable 2.5-acre equestrian estate in rural Arroyo Grande, California. Featuring striking architectural character and three separate living spaces, this property is a dream for horse enthusiasts, multi-generational families, or savvy investors seeking strong rental income.
Distinctive Dual Residences
A-Frame Main House: Features a dramatic vaulted ceiling, large windows, 3 bedrooms, and 2 bathrooms.
Lower Apartment: A self-contained 2-bedroom, 1-bathroom unit downstairs with a separate entrance.
Craftsman Guest House: A detached, timeless 2-bedroom, 2-bathroom home with classic porch details.
Premium Equestrian Features:
2.5 Acres: Fully usable acreage with zero wasted space.
Trailer Friendly: Wide access gates and flat terrain make trailer parking effortless.
Ranch Ready: Infinite room to customize your dream arena, stalls, and pastures.
Microclimate Bliss: Perfectly situated to enjoy warm valley sun and cool coastal breezes.
This unique combination of mid-century A-frame flair, classic Craftsman style, and premium horse acreage is a rare find on the Central Coast.
Sold for $1,850,000
Listed by: BHGRE Haven Properties • Mike Oliver • Contact: 805-773-6611
Bought with: Central Coast Beach Properties
$1,850,000
846 Corbett Canyon Rd, Arroyo Grande, CA 93420
6beds
4,234sqft
Single Family Residence
Built in 1979
2.5 Acres Lot
$1,853,600 Zestimate®
$437/sqft
$6,108 Estimated rent
Home value
$1,853,600
$1.72M - $2.00M
$6,108/mo
Zestimate® history
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List your homeWhat's special
Classic craftsman stylePremium horse acreageClassic porch detailsFully usable estateFlat terrainLarge windowsMid-century a-frame flair
Zillow last checked:
Listing updated:
Listed by:
Mike Oliver DRE #01898274 805-573-4877,
BHGRE Haven Properties
Bought with:
Stacy Bromley, DRE #01201477
Central Coast Beach Properties
Source: CRMLS,MLS#: PI26082221
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 4
- Main level bedrooms: 5
Rooms
- Room types: Bonus Room, Bedroom, Primary Bathroom, Primary Bedroom
Bedroom
- Features: Multi-Level Bedroom
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,234 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 0
- Pool features: None
- Has view: Yes
- View description: Canyon, Hills, Mountain(s), Pasture
Lot
- Size: 2.5 Acres
- Features: 2-5 Units/Acre, Horse Property, Sprinklers In Rear, Rectangular Lot, Sprinkler System, Sloped Up
Details
- Parcel number: 044332006
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Well
Community & HOA
Community
- Features: Rural
- Subdivision: East Of 101(500)
Location
- Region: Arroyo Grande
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $1,626,145
- Date on market: 5/18/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $1,850,000+2.8%$437/sqft |
Source:  CRMLS #PI26082221 Report a problem | ||
| 5/20/2026 | Pending sale | $1,799,000$425/sqft |
Source: CRMLS #PI26082221 Report a problem | ||
| 5/18/2026 | Listed for sale | $1,799,000+15.1%$425/sqft |
Source: CRMLS #PI26082221 Report a problem | ||
| 12/19/2024 | Listing removed | $3,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2024 | Listed for rent | $3,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listing removed | $3,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2024 | Price change | $3,650-7.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2024 | Price change | $3,950-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2024 | Listed for rent | $4,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Sold | $1,563,000$369/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,626,145 +2.2% |
| 2025 | $16,934 +323.7% | $1,591,200 +317.7% |
| 2024 | $3,996 +1.2% | $380,905 +2% |
| 2023 | $3,951 +1.5% | $373,437 +2% |
| 2022 | $3,891 +0.2% | $366,115 +2% |
| 2021 | $3,884 +1.2% | $358,937 +1% |
| 2020 | $3,839 +0.6% | $355,258 +2% |
| 2019 | $3,816 +1.2% | $348,293 +2% |
| 2018 | $3,770 +1.9% | $341,465 +2% |
| 2017 | $3,700 +6% | $334,770 +2% |
| 2016 | $3,489 | $328,207 +1.5% |
| 2015 | $3,489 +5.4% | $323,278 +2% |
| 2014 | $3,312 | $316,946 +2.5% |
| 2012 | -- | $309,330 +2% |
| 2011 | -- | $303,266 +0.8% |
| 2010 | -- | $301,000 -0.2% |
| 2009 | -- | $301,716 +2% |
| 2008 | -- | $295,801 +2% |
| 2007 | -- | $290,002 +2% |
| 2006 | -- | $284,317 +2% |
| 2005 | -- | $278,743 +2% |
| 2004 | -- | $273,279 +1.9% |
| 2003 | -- | $268,272 +2% |
| 2002 | -- | $263,013 +2% |
| 2001 | -- | $257,857 |
Find assessor info on the county website
Neighborhood: 93420
Nearby homes
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- $1,131,05225.37 Acres1650 Oak Hill Rd, Arroyo Grande, CA 93420Off Market
Nearby schools
GreatSchools rating
- 7/10Harloe Elementary SchoolGrades: K-6Distance: 3.3 mi
- 6/10Paulding Middle SchoolGrades: 7-8Distance: 1.9 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 2.7 mi
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- California
- San Luis Obispo County
- Arroyo Grande
- 93420
- 846 Corbett Canyon Rd
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