688 Ralcoa
Arroyo Grande, CA, 93420 $ 1,150,000
Bedrooms3 Baths2.0 Sq 1,729 Monthly Estimate*
$ 7,261
Listed by Peak Properties
for $1,150,000 with 3 bedrooms and 2 full baths. This 1,729 square foot home was built in 1978 on a lot size of 2.1.
Rare Arroyo Grande Mesa ranchette offering space, usability, and flexibility on just over 2 flat, fully gated acres. Set on one of the most functional lots in the development, this approximately 1,729 sq. ft. single-level home features a wide-open floor plan, three bedrooms, two full bathrooms, and a rural-residential setting ideal for buyers seeking room to spread out. The spacious primary suite includes its own walk-in shower and upgraded vanity, while the two additional bedrooms share a full bathroom. The open living, dining, and kitchen areas create an easy flow for everyday living, entertaining, and enjoying the indoor-outdoor lifestyle that makes the Mesa so desirable. Outside, the property is where the opportunity truly stands out. The flat, usable land is well-suited for equestrian use, animals, gardens, equipment, storage, or future improvements. An existing horse corral, private well, and approximately 4,000 gallons of water storage provide a strong foundation for a more self-sufficient Central Coast lifestyle. With this much usable acreage, there may also be potential for a workshop, expanded garden area, hobby farm setup, additional storage, or an ADU, subject to buyer investigation and applicable County approvals. Located in a desirable Arroyo Grande Mesa setting with convenient access to the Village, beaches, shopping, dining, wineries, and the Five Cities area, 688 Ralcoa Way offers a rare combination of single-level living, usable acreage, and long-term flexibility. Flat, functional land in this location is hard to replace.
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FeaturesGeneralLiving Area 1729
Sewer Septic Type Unknown
Heating Forced Air
Cooling None
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Concrete
Pool Features None
Year Built 1978
View Bluff Hills Meadow Trees/Woods
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Stable(s) Mountainous Rural
County San Luis Obispo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 2
Special Listing Conditions Standard Trust
Status Active
Directions 688 Ralcoa Arroyo Grande CA
City Arroyo Grande
Entry Location 1st
Senior Community Y/N false
High School District Lucia Mar Unified
Number Of Units Total 1
MLS Area AG Mesa
Lot Size Units Square Feet
Lot Size Square Feet 91476
Listing Terms Submit
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-06-02
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InteriorInterior Amenities All Bedrooms Down Main Level Primary
Flooring Laminate
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features In Garage
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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ExteriorLot Features 2-5 Units/Acre Agricultural Garden Gentle Sloping Horse Property Ranch Trees
Water Source Well
Total Parking 2
Lot Size Area 91476
Foundation Details Slab
Lot Size Acres 2.1
Road Surface Type Gravel
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street
Horse Y/N true
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* Excluded FeaturesList Byryanbensonrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,261
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Arroyo Grande, CA
Average List Price $1,645,088
Percent of Sale Price 43%
About Arroyo Grande, CA 18,000 Population
15% Since 2002
$ 68,787 Median Income
46.2 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $1,150,000 | -11.54% | Price Down |
| 6/8/2026 | $1,300,000 | 4.00% | Price Up |
| 5/13/2026 | $1,250,000 | | Listed Price |