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$899,000

Est. payment - /mo

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5 Beds

3 Baths

1,800 SqFt

Active Under Contract

1036 Corbett Canyon RD Arroyo Grande, CA 93420

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $499

MLS Listing ID PI26000827

Bedrooms 5

Full Baths 1

Three Quarter Bath 2

Construction Status Repairs Major

HOA Y/N No

Year Built 1986

Lot Size 6.770 Acres

Property Sub-Type Single Family Residence

Property Description

Contractor's Special | Renovation Opportunity | Cash Purchase Only.

Rare opportunity to acquire a prime corner lot in desirable Corbett Canyon encompassing 6.77 acres. This expansive property offers exceptional potential for redevelopment, a full rebuild, or the addition of multiple structures. With access from two streets, the lot is largely usable with only a gentle upslope from the road, providing flexibility for future plans.

The main residence, built circa 1986, is a single-level home featuring 3 bedrooms, 2 bathrooms, a two-car garage, and approximately 1,800 square feet of living space. A detached ADU, originally built circa 1897, includes 2 bedrooms, 1 bathroom, and a wood-burning stove for heat. An older barn is also located on the property and will require substantial renovation or removal.

A seasonal creek runs through a portion of the land, adding to the natural setting and character. This is a substantial renovation project and is best suited for experienced contractors, investors, or buyers prepared to take on an extensive improvement opportunity.

The well and septic systems are original; their current condition is unknown. Buyer to perform all due diligence.

Cash opportunity or creative financing only.

Location

State CA

County San Luis Obispo

Area Ag-East Of Hwy 101

Rooms

Other Rooms Barn(s), Guest House Detached, Guest House

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type Family Room, Kitchen, Wood Burning

Inclusions Potential junk left on property from sellers and tenants

Fireplace Yes

Laundry Washer Hookup, In Garage, Outside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Needs Repair

Pool None

Community Features Rural

Utilities Available Electricity Connected, Propane, Sewer Not Available

View Y/N Yes

View Hills, Valley

Roof Type Composition,Shingle

Porch Covered

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Gentle Sloping, Horse Property, Sloped Up, Value In Land

Dwelling Type House

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Septic Tank

Water Well

Architectural Style Ranch

Level or Stories One

Additional Building Barn(s), Guest House Detached, Guest House

New Construction No

Construction Status Repairs Major

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 044281046

Acceptable Financing Cash, Lease Back

Horse Property Yes

Listing Terms Cash, Lease Back

Special Listing Condition Trust

Listed by Jill Jackson Taylor Hoving Realty Group 805-471-2263

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