NOT LISTED FOR SALE

1273 Paseo Ladera Ln Arroyo Grande, CA 93420

Estimated Value: $3,035,000 - $3,594,000

5 Beds
4.5 Baths
3,980 Sq Ft
$844/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $3,100,000 $779 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $20,389/month

46 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Primary Bedroom Suite
  • Arroyo Grande High School Rated A-
  • Solar Heated Infinity Pool
  • Auto Driveway Gate

About This Home

As of April 2023

Offering one of the best unobstructed white water ocean and coastline views, this estate home is located in an exclusive sought after neighborhood at the end of a private gated drive. The property is 2.5 acres, it borders on 300+ acres of ranch land yielding a combination of bucolic country vistas and stunning ocean views. This property exemplifies California cool; casual, fun, country, coastal living at its finest. The home has large picture windows and tall ceilings throughout to showcase the surrounding area, and 5 bedrooms, 4 baths. The floor plan is open with good separation between the main en suite guest bedroom and the master suite, with two additional bedrooms on the other side, which share a bath. The Master Suite has commanding views, a fireplace for ambiance, large walk-in closet and a master bath with standalone soaking tub. The large formal entry welcomes you to the spacious light filled open space that includes the living room with fireplace, open gourmet kitchen and dining area with soffit lighting, all sharing the fabulous backdrop of views of the property and beyond. The access to the home is through its own gate and landscaped private drive. There is an infinity edge pool overlooking the large lawn with a 1500 sq. ft. sandstone surrounding deck. The private vineyard cascades down the gentle slope and is approximately .5 acres of Pinot Noir grapes. There is an attached in-law studio suite on the pool level with full kitchen. This luxury home enjoys the privacy and tranquility of rural living and yet is about 6 minutes from the freeway access and close to town. There is a solar system that has a prepaid lease and a solar hot water system. This is a classic example of the old adage -location, location, location! Since homes in this area rarely come to market, it presents a rare opportunity to own a coveted piece of the Central Coast.

Last Agent to Sell the Property

Linda Fibich

Compass California, Inc.-PB License #00705843 Listed on: 02/13/2023

Compass California, Inc.-PB

Last Buyer's Agent

Hal Sweasey

Keller Williams Realty Central Coast License #01111911

Keller Williams Realty Central Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,174

Year Built

  • Built in 1986

Lot Details

  • 2.5 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Drip System Landscaping
  • Secluded Lot
  • Flag Lot
  • Gentle Sloping Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Auto Driveway Gate
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Pond
  • Panoramic
  • City Lights
  • Dune
  • Vineyard
  • Pasture
  • Hills

Home Design

  • Contemporary Architecture
  • Concrete Roof

Interior Spaces

  • 3,980 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Den
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity
  • Solar Water Heater

Pool

  • Solar Heated Infinity Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Stone Porch or Patio

Utilities

  • Forced Air Heating System
  • 220 Volts For Spa
  • 220 Volts in Kitchen
  • Propane
  • Shared Well
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044531066

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,174

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All appliances, most furniture, list provided by agent.
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 044531066
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3980.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Furnished, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Partially Furnished, Stone Counters, Tray Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 778.89
  • Room Type: Bonus Room, Den, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Remodeled, Soaking Tub, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Dunes, City Lights, Coastline, Hills, Ocean, Panoramic, Pasture, Pond, Vineyard, White Water
  • Patio And Porch Features: Deck, Patio Open, Stone
  • Pool Features: Private, Heated, In Ground, Infinity, Pool Cover, Solar Heat
  • Pool Private: Yes
  • Roof: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Paved, Garage Faces Side, Gated, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Propane
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Propane Cooktop, Range Hood, Refrigerator, Self Cleaning Oven, Solar Hot Water
  • Electric: 220 Volts For Spa, 220 Volts in Kitchen, 220 Volts in Laundry, Photovoltaics on Grid
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Gentle Sloping, Landscaped, Lawn, Flag Lot, Secluded, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 108900.00
  • Lot Size Acres: 2.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.5000 Acres
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 5, 2023
Sold by
Khambatta Sonja
Bought by
Joan Marie Lewis Trust
Seller's Agent
Linda Fibich
Compass California, Inc.-PB
Buyer's Agent
Hal Sweasey
Keller Williams Realty Central Coast
List Price
$3,150,000
Sold Price
$3,100,000
Premium/Discount to List
-$50,000
-1.59%
Views
146
Current Estimated Value
$3,360,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,389
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Mar 8, 2001
Sold by
Thornton James W
Bought by
Pachmann Dr Thomas and Khambatta Sonja

Purchase Details

Closed on
Nov 22, 2000
Sold by
Thornton James W and Thornton Catherine M
Bought by
Thornton James W

Purchase Details

Closed on
Sep 14, 2000
Sold by
Thornton Catherine and Thornton James
Bought by
Thornton Catherine

Purchase Details

Closed on
Feb 17, 2000
Sold by
Thornton James and Thornton Catherine
Bought by
Thornton James and Thornton Catherine
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joan Marie Lewis Trust $3,100,000 First American Title
Pachmann Dr Thomas $970,000 Chicago Title Co
Thornton James W -- --
Thornton Catherine -- --
Thornton James -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $3,100,000 -1.6% $779 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $3,150,000 -- $791 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,174 $3,225,240 $1,768,680 $1,456,560
2024 $14,555 $3,162,000 $1,734,000 $1,428,000
2023 $14,555 $1,375,902 $724,160 $651,742
2022 $14,336 $1,348,924 $709,961 $638,963
2021 $14,310 $1,322,476 $696,041 $626,435
2020 $14,146 $1,308,916 $688,904 $620,012
2019 $14,059 $1,283,252 $675,397 $607,855
2018 $13,892 $1,258,091 $662,154 $595,937
2017 $13,632 $1,233,423 $649,171 $584,252
2016 $12,857 $1,209,240 $636,443 $572,797
2015 $12,672 $1,191,078 $626,884 $564,194
2014 $12,202 $1,167,748 $614,605 $553,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23024595

California Regional Multiple Listing Service (CRMLS)

APN: 044-531-066