582 Newman Drive, Arroyo Grande, CA 93420 (MLS # PI25243680)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/4/2025 |
|---|---|---|---|
| YEAR BUILT | 1949 | COMMUNITY | AG-West of Hwy 101 |
| GARAGE SPACES | 2.0 | COUNTY | San Luis Obispo |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | AG-West of Hwy 101 |
| GARAGE | Attached Garage, Yes |
| HEAT | None |
| INTERIOR | Master Downstairs |
| LOT | 0.862 acre(s) |
| LOT DESCRIPTION | Back Yard |
| PARKING | Attached, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, See Remarks, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Creek/Stream, Trees/Woods |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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