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Land with Home for Sale in Arroyo Grande, California

775 Avenida Alcola, Arroyo Grande, CA 93420

$2,950,000
1.64 acres
Active sale
$200k drop
Est $16,776/mo

Perched to capture sweeping coastal and valley vistas, this magnificent Tuscan-inspired villa creates a sophisticated yet relaxing atmosphere. Absolutely incredible panoramic views extend to the Pacific Ocean, the Edna Valley, and beyond to the peaks of San Luis Obispo. A welcoming foyer features an elevated beamed ceiling and a beautiful custom wood and iron staircase. The versatile and thoughtfully designed floor plan offers elegant engineered wood flooring throughout the main level, complemented by natural wood-beamed ceilings. Five fireplaces throughout the home create a warm and intimate ambiance, while numerous Jeld-Wen windows provide abundant natural light and showcase the surrounding views. The main level includes a gourmet kitchen featuring custom cabinetry with sliding pull-out drawers, a Wolf cooktop with hand-crafted vent hood, built-in refrigerator, wine fridge, spacious granite countertops, and more. The adjoining great room with a wood-burning fireplace offers access on both sides to outdoor living spaces, making it ideal for entertaining. One side opens to a view deck over 50 feet in length, where picturesque vistas of the valley, vineyards, and ocean await. The opposite side leads to a protected courtyard with its own fireplace, creating a relaxed setting to enjoy sunsets and sweeping views. An additional south-facing courtyard is the perfect spot for morning coffee or breakfast as the sun rises above the oak trees. The owner's suite is a tranquil retreat featuring an elevated ceiling, fireplace, and private view deck. The en-suite bathroom includes a separate soaking tub, walk-in closet, and a spacious step-in shower with valley and ocean views. Two additional guest suites each offer their own bathrooms, with one featuring a private view deck. Additional spaces include a library, gym, and office, each offering flexibility for a variety of uses or potential conversion to additional bedrooms. The home also features abundant storage throughout, including two closets intentionally designed for a future elevator if desired. On the lower level is a approximately 500 sq ft guest studio complete with kitchenette, full bathroom, private access, and private patio. A hobby room is conveniently located near the oversized three-car garage. Surrounded by over 4,500 acres of protected open space, Las Ventanas Ranch is a highly sought-after, exclusive custom home community, located just minutes from the Village of Arroyo Grande and San Luis Obispo.

5,200
Sq feet
4
Beds
3
Full baths
1
1/2 bath
2010
Built

Location

Street address
775 Avenida Alcola
Zip code
93420
Community
AG-East of Hwy 101
School district
Lucia Mar Unified
Elevation
655 feet
Coordinates
35.1627, -120.5188

Directions

Lopez Drive to Las Ventanas Ranch Entry. Turn right after the gate then right on Avenida Alcola

Property details

Acreage
1.64 acres71,438 sq ft
MLS #
MRMLS PI26007148
Posted

Parcels

  • 047023014

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Hills, Ocean, Valley
Features
Front Yard, Sprinkler System

Exterior

Parking Spaces
3
Parking
Garage
Pool
Deck, Patio
Structures
Storage

Structure

Style
Mediterranean
Stories
2
Water
Private
Heating
Forced Air
Materials
Stone, Stucco
Roof
Tile
Windows
Double Pane Windows

Interior

Rooms
Bathroom x 4, Bedroom x 4, Bonus Room, Exercise Room, Laundry Room
Fireplaces
Yes
Appliances
Dishwasher, Double Oven, Microwave, Propane Cooktop, Range Hood, Refrigerator, Water Softener
Features
High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, Wired For Sound

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 6, 2026Price drop$2,950,000$200,000 -6.3%MRMLS
June 12, 2026New listing$3,150,000MRMLS
Apr 24, 2026Listing removed$3,150,000Listing agent
Apr 12, 2026Under contract$3,150,000MRMLS
Mar 5, 2026Price drop$3,150,000$140,000 -4.3%MRMLS
Jan 13, 2026New listing$3,290,000MRMLS
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This 1.64-acre property is located at 775 Avenida Alcola in Arroyo Grande, CA 93420. The property is available for sale, priced at $2,950,000. It has a 5,200 square foot 4-bedroom, 3.5-bath house built in 2010.

Listed by Central Coast Sotheby's International Realty, (805) 781-6040

Checked 2 hours agoUpdated

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