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$2,440,000
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Property Description
Nestled within the gated community of Falcon Ridge Estates in Arroyo Grande, 172 Falcon Crest Drive is perched atop a recently landscaped 2.65 acre lot and overlooks a lush valley and glimmers of the Pacific Ocean in the distance.
The single story 3,769 sqft main residence features 3 spacious bedrooms, 3 bathrooms, and a versatile bonus room that could easily serve as a fourth bedroom, office, or media space. Cathedral ceilings soar throughout the home, complemented by expansive windows that flood the interior with natural light. A wood burning fireplace centers one of the two living rooms, and air conditioning allows for year round comfort.
Nearly the entire home was thoughtfully renovated in 2023, including a new roof, wood floors, fully remodeled bathrooms, tankless water heater, new furnace, and most other interior/exterior finishes. One of the home's most captivating features is the expansive 1,700+ sq ft heated wraparound porch.
Above the large three-car garage, a private 1,100 sqft guest house (not included in the 3,769 sqft of main residence) provides incredible flexibility and value. Complete with its own kitchen, bathroom, living room, and bedroom, it's ideal for family, guests, or potential rental income.
Additional highlights include owned solar panels for energy efficiency and sustainability, generous parking, and a fully fenced playground space for littles or pets. This is a rare opportunity to own a unique turnkey property offering space, privacy, and stunning Central Coast views-all just a few minutes from the charming Village of Arroyo Grande, Pismo Beach, and San Luis Obispo.
Full Property Details
Full Property Details for 172 Falcon Crest
General
- Sold For: $2,440,000
- HOA FEE: $210/month
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SC26048469
- Added to Site: 132 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Walk-In Pantry, Bonus Room, All Bedrooms Down, Great Room, Family Room, Primary Suite
- Fireplace: Yes
- Fireplace(s): Wood Burning, Living Room
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Individual Room, Gas & Electric Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Management
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: San Luis Obispo
- Driving Directions: Headed south on 101, take El Campo Exit then turn right on Falcon Crest Drive to enter gate. Property will be on your right. Will receive gate code when scheduling showing.
School Information
- School District: Lucia Mar Unified
Community
- Community Features: Street Lights
- Assoc. Name: Management Trust
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Forced Air
Utilities
- Sewer: Conventional Septic
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,769
- Sq. Ft. Source: Assessor
- Year Built: 1995
- Year Built Source: Public Records
Lot Features
- Property View: Ocean, Hills, Panoramic
- Lot Size (Acres): 2.65
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Description: Landscaped, 2-5 Units/Acre, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $647.39
- Association Fee: $210
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Trust
Listed by Compass, Abigail Maguire
Sold by Webber-Nelson Real Estate, Inc, Ty Christensen
Get Pre-Approved Today
Schools
Schools serving 172 Falcon Crest
School District:Lucia Mar Unified School District
| Name | Grades | Distance |
|---|---|---|
Oceano Elementary School 1551 17th Street, Oceano, CA 93445 | K-6 | 2.4 mi |
Paulding Middle School 600 Crown Hill Street, Arroyo Grande, CA 93420 | 7-8 | 1.6 mi |
Arroyo Grande High School 495 Valley Road, Arroyo Grande, CA 93420 | 8-12 | 1.1 mi |
Central Coast New Tech High School 523 North Thompson Avenue, Nipomo, CA 93444 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 172 Falcon Crest
Date
Details
Price
Change
Source
6/10/2026
Sold
$2,440,000
-3.37%
MLS
4/10/2026
Price Reduced
$2,525,000
-4.72%
MLS
3/10/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
172 Falcon Crest, Arroyo Grande, CA 93420 (MLS# SC26048469) is a Single Family property that was sold at $2,440,000 on June 10, 2026. Want to learn more about 172 Falcon Crest? Do you have questions about finding other Single Family real estate for sale in Arroyo Grande? You can browse all Arroyo Grande real estate or contact a Coldwell Banker agent to request more information.

