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3 Beds
2 Baths
1,729 sqft

$1,095,000

688 Ralcoa, Arroyo Grande CA, 93420

Price per sqft$633.31
Built in1978
Property size1,729 sqft
Property typeResidential
Listed by Ryan Benson CA DRE# 01949307 with Peak Properties 805-550-1980

Overview

Active

Listed Jun 2, 2026

Updated 11h ago

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.

$7,285/mo

Est. mortgage payment based on a $1,095,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SC26103356

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.1 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Ryan Benson CA DRE# 01949307 with Peak Properties 805-550-1980

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2026 at 6:38 AM UTC Last Checked: 6:38 AM UTC

 

 

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