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Land with Home for Sale in Arroyo Grande, California

775 Avenida Alcola, Arroyo Grande, CA 93420

$3,150,000
1.64 acres
Active sale
$140k drop
Est $17,913/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
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, Panorama, Valley

Exterior

Parking Spaces
3
Parking
Garage
Features
Community Features Included: Rural, Foothills, Front Yard, Sprinkler System

Structure

Style
Mediterranean
Stories
2
Heating
Forced Air
Cooling
None
Materials
Stone, Stucco
Roof
Tile
Windows
Double Pane Windows

Interior

Rooms
Bathroom x 4, Bedroom x 4, Bonus Room, Exercise Room, Kitchen, Laundry, Library, Office
Appliances
Cooktop, Dishwasher, Microwave, Oven-Double, Range, Refrigerator, Washer, Water-Softener
Accessibility
Accessible Elevator Installed
Features
Adaptable For Elevator, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, Storage, Window Features: Double Pane Windows, Wired For Sound

Listing history

DateEventPriceChangeSource
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 $3,150,000. 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 Source

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