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$495,000 Just Listed
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Property Description
Positioned in the heart of Arroyo Grande's vibrant trade corridor, this rare mixed-use property offers both immediate income and exceptional future development potential. Situated on a 0.15-acre lot along Grand Avenue-the primary artery connecting Arroyo Grande, Grover Beach, and the Pacific Ocean-the site features an existing one-bedroom, one-bath residence located toward the front of the parcel, allowing space for approximately eight on-site parking spaces. Mixed-use commercial zoning provides a wide range of possibilities for redevelopment, expansion, or live-work concepts. Just moments away, the charming Village of Arroyo Grande offers popular restaurants, boutique shopping, and a strong sense of community, further enhancing the property's long-term value. According to City Planning, the site is well-suited for mixed-use development, making this an outstanding opportunity for investors, developers, or visionaries looking to capitalize on location, zoning flexibility, and future upside-while benefiting from rental income in the interim. Buyers are advised to verify all potential uses and development opportunities with the City of Arroyo Grande.
Full Property Details
Full Property Details for 414 E Grand
General
- Price: $495,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PI26041924
- Updated: 2/25/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Location
- County: San Luis Obispo
- Driving Directions: From US 101 exit on Grand Ave, turn left on E Grand Ave, property is on the right after McDonalds
School Information
- School District: Lucia Mar Unified
Community
- Community Features: Curbs, Sidewalks
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Commercial/Residential
- Common Walls: No Common Walls
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 592
- Sq. Ft. Source: Assessor
- Year Built: 1936
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $836.15
Disclosures and Reports
- Special Conditions: Standard
Listed by Mariani Realty, Robert Mariani
Get Pre-Approved Today
Schools
Schools serving 414 E Grand
School District:Lucia Mar Unified School District
| Name | Grades | Distance |
|---|---|---|
Ocean View Elementary School, Arroyo Grande, CA 1208 Linda Drive, Arroyo Grande, CA 93420 | K-6 | 0.7 mi |
Paulding Middle School 600 Crown Hill Street, Arroyo Grande, CA 93420 | 7-8 | 1 mi |
Arroyo Grande High School 495 Valley Road, Arroyo Grande, CA 93420 | 8-12 | 0.4 mi |
Central Coast New Tech High School 523 North Thompson Avenue, Nipomo, CA 93444 | 9-12 | 7.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 414 E Grand
Date
Details
Price
Change
Source
2/25/2026
Listed
$495,000
2.06%
MLS
1/23/2026
Sold
$485,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 414 E Grand
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,064
4%
$193,240
2%
2023
$1,976
—
$189,452
2%
2023
$1,976
2%
$185,738
2%
2022
$1,946
—
$182,097
2%
2021
$1,942
1%
$178,527
1%
2020
$1,920
1%
$176,697
2%
2019
$1,906
1%
$173,233
2%
2018
$1,884
2%
$169,837
2%
2017
$1,852
6%
$166,508
2%
2016
$1,750
1%
$163,244
2%
2015
$1,735
4%
$160,793
2%
2014
$1,672
—
$157,644
—
2013
$1,667
—
$156,933
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 414 E Grand
414 E Grand, Arroyo Grande, CA 93420 (MLS# PI26041924) is a Single Family property with 1 bedroom and 1 full bathroom. 414 E Grand is currently listed for $495,000 and was received on February 25, 2026. Want to learn more about 414 E Grand? 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.

