Greg Malik Real Estate
892 Mesa View
Arroyo Grande, CA 93420

Description

This amazing, gated, versatile and income producing property ($69,900 yr) located on the Mesa with Stunning Ocean Views, this is a once in a lifetime find! Whether you need or want 4181 square feet, rent some or part of the property out offers tons of flexibility. Everything is done very artfully and tastefully with imported granite, marble, mosaics and historical doors! The property has a well, lush, mature landscaping and a producing Avocado crop! There are embedded mosaics and fossils throughout the property, many palm trees, citrus trees, apple trees, ponds, several entertainers patios, courtyard, outdoor fireplace and the list goes on! The property diversity continues as it can be just one home or as it is now by renting out portions of the home. There is a downstairs 2 bedroom 2 bath unit with some ocean views that rents for $2175 mo, a 2 bedroom 1 bath upstairs that rents for $2250 mo and a Jr. 1 bedroom 1 bath with ocean views that rents for $1400 mo that could probably be rented for more. This brings the total to $5825 mo in rent. The front half of the 1 acre lot can still be built on with a Garage and a guest house up to 1200 square feet. Lots of upside potential here on this one of a kind home. Close enough to town, yet just far enough away! Great protection from the avocado crop Don't miss this opportunity call your Realtor today!

Details

MLS#PI18174397
StyleHouse
Sub-TypeResale
StatusActive
Year2003
Days On Site96

Features

Bed(s)4
Bath(s) 4 Full
SQ Feet4,181
Story(s)3+ Story
Property ViewYes

Market Activity 93420

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Area Information

StateCA
CountySan Luis Obispo
CityArroyo Grande
Zip Code93420
AreaARRG - Arroyo Grande
Community NameWest of 101(1000)
School DistrictLucia Mar Unified
Listing VS Median (in West of 101(1000))
Price:
$999,999
low | high
Med:
$555,000
94.499944499944% of Average
SqFt:
4,181
low | high
Med:
1,560
100% of Average
$ / SqFt:
$239
low | high
Med:
$356
2% of Average
On Site:
96
low | high
Med:
8
100% of Average
Listing Updated: 10/22/2018
MLS Number: PI18174397
Listing Provided By:
Kevin Jones  of  Realty Professionals
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