688 Ralcoa , Arroyo Grande, CA 93420
$1,095,000
Est. Payment: $6,009.77/mo
3 Bed
2 Bath
1729 Sqft
2.1 Acres
Status: Pending | Days on site: 69
Get Pre-Qualified
SL1219 - SP0600186
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Rare Arroyo Grande Mesa ranchette offering space, usability, and flexibility on just over 2 flat, fully gated acres. One of the property's most unique features is its exceptionally rare access from two separate streets, creating maximum flexibility for future development, additional access points, equipment, animals, or other potential uses. 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. With road access from two different streets, the property offers an unusual level of versatility when considering future improvements or how the acreage could ultimately be utilized. 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, dual-street access, and long-term flexibility. Flat, functional land with this type of access in this location is hard to replace.

Highlights

Listed by Ryan Benson , 805-550-1980 Peak Properties , 805-592-2226. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
2.1

Year Built

1978

County

San Luis Obispo

Area

AG Mesa

School District

Lucia Mar Unified

Listing ID

SC26103356

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Floor:Laminate
Other:
  • ▪ Additional:All Bedrooms Down, Main Level Primary
Water:Well

Exterior Features

Lot:2-5 Units/Acre,Agricultural,Garden,Gentle Sloping,Horse Property,Ranch,Trees,No Land Lease
Garage Capacity:2
Sewer:Septic Type Unknown
Principal Interest
$6,010
Taxes
$698

Home Price

$1,095,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$219,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,009.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,009.77 $698.06 $0.00 $6,707.83
Yearly $72,117.23 $8,376.75 $0.00 $80,493.98
Total $2,163,516.88 $251,302.50 $0.00 $2,414,819.38

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Arroyo Grande, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T21:11:42.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS