Contract Signed
3 beds1,729 sqft
688 Ralcoa Way, Arroyo Grande, CA 93420
Est: $6,653/moGet pre-approved
Single FamilyProperty Type
2.1 acresLot Size
1978Year Built
$633/sq ftPrice per sq ft
2 carsParking Spaces

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,...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.
69 days on Market
  • Listed by: Ryan Benson DRE #01949307 Brokerage DRE #01974335 • Peak Properties 805-550-1980
Last updated: 08/31/2026 06:46 AM • Source: CRMLS, MLS#: SC26103356

Location

Listing Courtesy of Peak Properties, Ryan Benson, DRE #01949307
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Payment Calculator

$6,653 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,658

Property Taxes

$995

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 688 Ralcoa Way

Property Details
  • MLS Type: Residential / Single Family Residence
  • View: Bluff, Trees/Woods, Meadow, Hills
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: None
  • Total Units: 1.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 1729
  • Assessor Parcel Number: 091401047
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Stories Total: 1
  • Entry Level: 1
  • Fireplace: Yes
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Senior Community: No
  • Parcel Number: 091401047
  • Area: AG Mesa
  • High School District: Lucia Mar Unified
  • Directions: 688 Ralcoa, Arroyo Grande CA
Building Information
  • Stories: 1
  • Year Built: 1978
  • Lot Size: 2.10 AC / 91,476 SF
Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Rural, Mountainous, Stable(s)
Property / Structure Info
Interior Features
  • Room Type: Separate Family Room, Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Den, Primary Bathroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Laminate
  • Floor Coverings: Laminate
  • Flooring: Laminate
Exterior Features
  • Entry Location: 1st
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Structures: Horse Allowed, Horse Facilities, Mountainous, Rural
  • Structure Type: House
  • Other Structures: Horse Allowed, Horse Facilities, Mountainous, Rural
  • Miscellaneous: Horse Allowed, Horse Facilities, Mountainous, Rural
  • View Description: Bluff, Hills, Trees/Woods
  • Patio: Yes
  • Patio And Porch Features: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Ranch, Treed Lot, 2-5 Units/Acre, Agricultural, Garden, Horse Property, Gentle Sloping
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Gravel
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Well
  • Sewer: Septic Type Unknown
  • Sewer/Septic: Unknown
  • Water Source: Well
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 688 Ralcoa Way

DateEvent & SourcePriceAppreciation
Aug 25, 2026

Pending

CLAW #SC26103356MR

Aug 25, 2026

Pending

SDMLS #SC26103356

Aug 22, 2026

Price Change

CLAW #SC26103356MR

$1,095,000
DateEvent & SourcePrice
08/25/2026

Pending

CLAW #SC26103356MR

08/25/2026

Pending

SDMLS #SC26103356

08/22/2026

Price Change

CLAW #SC26103356MR

$1,095,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 688 Ralcoa Way

Taxable ValueLand$836,341Additions$348,470Total$1,184,811
Tax Record2025$11,940 ($995 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,729 SqFtAbove Grade Finished SqFt1,729 SqFtStories1Lot Size91,476 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1978ZoningRSCountySAN LUIS OBISPOAPN091-401-047

Schools near 688 Ralcoa Way

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Fairgrove Elementary School
PublicK to 6

Paulding Middle School
Public7 to 8

Nipomo High School
Public9 to 12

Pacific View Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peak Properties, Ryan Benson, DRE #01949307

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.