NOT LISTED FOR SALE

720 Corbett Canyon Rd Arroyo Grande, CA 93420

Estimated Value: $1,709,000 - $2,133,000

3 Beds
2.5 Baths
2,930 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $1,799,000 $614 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,473/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • View of Trees or Woods
  • Main Floor Bedroom
  • Ocean View Elementary School Rated A-
  • 10.5 Acre Lot
  • Loft

About This Home

As of August 2022

Incredible opportunity to buy a fabulous home in the heart of the Edna Valley on 6.7 acres PLUS an adjacent vacant 3.8 acre parcel. Build a second home, sell the vacant parcel and pick your own neighbor, or just enjoy the space and privacy. Imagine living just minutes from town, in an idyllic setting, surrounded by the peace and quiet of the countryside, with panoramic views of the foothills and distant vistas of the ocean. This ranch-style, single-level home was designed to capture the spectacular views and features a spacious great room, with a wood-burning, brick wrapped fireplace and wall-to-wall built in bookshelves. You will not want to leave! The kitchen, with a center island and large walk-in pantry is open to both the formal dining room and informal breakfast room. The expansive wrap-around deck invites you outside to relax, appreciate and entertain. Custom designed and meticulously cared for, this home has only had one owner. There is abundant storage throughout, and an oversized three-car garage. The well was recently tested at 25 gpm and there is a second well drilled on the adjacent parcel.

Corbett Canyon is a highly desirable area on the Central Coast, running through the middle of the acclaimed Edna Valley between San Luis Obispo and Arroyo Grande - home to award-winning wineries and horse ranches, and just minutes to beaches, golf courses, and Cal Poly State University. Enjoy all the gifts that the Central Coast has to offer!

Last Agent to Sell the Property

Colleen Clarke

Christie's International Real Estate Sereno License #01267325 Listed on: 07/14/2022

Christie's International Real Estate Sereno

Co-Listed By

Rob Rose

Christie's International Real Estate Sereno License #02035157

Last Buyer's Agent

Ian Chandler

Home & Ranch Sotheby's Intl License #01955407

Home & Ranch Sotheby's Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,169

Year Built

  • Built in 1988

Lot Details

  • 10.5 Acre Lot
  • Rural Setting
  • Private Yard
  • Back and Front Yard
  • 047124019
  • Property is zoned RS

Parking

  • 3 Car Attached Garage
  • Up Slope from Street

Property Views

  • Woods
  • Canyon
  • Mountain
  • Hills

Interior Spaces

  • 2,930 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Loft
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • Walk-In Closet

Utilities

  • Central Air
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 047124020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,169

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047124020
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2930.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 613.99
  • Room Type: All Bedrooms Down, Formal Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Canyon, Hills, Mountain(s), Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Lucia Mar Unified

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 047124019
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot Over 40000 Sqft, Up Slope from Street, Yard
  • Lot Size Sq Ft: 457380.00
  • Lot Size Acres: 10.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 457380.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 118.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Jul 25, 2022
Sold by
Frank Janda Jr And Susan E Janda Family
Bought by
Wyer Family Revocable Trust
Seller's Agent
Colleen Clarke
Christie's International Real Estate Sereno
Buyer's Agent
Ian Chandler
Home & Ranch Sotheby's Intl
List Price
$1,799,000
Sold Price
$1,799,000
Current Estimated Value
$1,947,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,122
Avg. Annual Appreciation
2.48%
Source: Public Records

Range of Values:

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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
Wyer Family Revocable Trust $1,799,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $1,799,000 0.0% $614 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,799,000 -- $614 / 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 $14,169 $1,377,489 $650,250 $727,239
2024 $14,006 $1,350,480 $637,500 $712,980
2023 $14,006 $1,324,000 $625,000 $699,000
2022 $4,840 $462,400 $150,379 $312,021
2021 $4,829 $453,334 $147,431 $305,903
2020 $4,773 $448,687 $145,920 $302,767
2019 $4,743 $439,890 $143,059 $296,831
2018 $4,685 $431,265 $140,254 $291,011
2017 $4,595 $422,809 $137,504 $285,305
2016 $4,333 $414,519 $134,808 $279,711
2015 $4,269 $408,294 $132,784 $275,510
2014 $4,110 $400,297 $130,183 $270,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC22145902

California Regional Multiple Listing Service (CRMLS)

APN: 047-124-020