NOT LISTED FOR SALE

765 Prickly Pear Way Arroyo Grande, CA 93420

Estimated Value: $4,411,000 - $4,506,000

6 Beds
7.5 Baths
6,341 Sq Ft
$703/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $2,750,000 $434 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $26,903/month

126 Days on Market

Highlights

  • Guest House
  • Community Stables
  • Infinity Pool
  • Los Ranchos Elementary School Rated A
  • Horse Property
  • Sauna

About This Home

As of August 2020

Nestled in Edna Valley wine country, this breathtaking private villa boasts a luxurious main home, outdoor kitchen, pool, infinity spa & separate guest studio. Located in the prestigious Varian Ranch, the property offers impressive vistas of vineyards, rolling hills & distant Lopez reservoir. Enjoy wine country living while being just mins from the charming cities of Arroyo Grande, Pismo Beach & San Luis Obispo. Surrounded by terraces, patios & balconies, this grand home allows you to blend indoor/outdoor living. Soak up the Central Coast’s Mediterranean climate with stunning outdoor living areas including pool, infinity spa, outdoor kitchen, bar, stone-columned loggia, gas fireplace, bathroom, sauna & outdoor shower. Striking main home offers 5 BD, 5.5 BA plus 2 offices, 5 fireplaces, separate living/family rooms, formal/informal dining rooms & loft lounge. Every bedroom is an en suite, with 2 on the main level. Open sunlit kitchen enjoys luxury Viking® & SubZero® appliances, bar, walk-in pantry & wine fridge. Expansive main level master suite savors gas fireplace, private patio, enviable master closet & master bath with soaking tub, walk-in shower & separate vanities. Guest studio with full bath attached to 3-car garage. Varian Ranch provides tranquil gated community with 3,200 ac of preserved open space with horse stalls for rent, equestrian & hiking trails, pool, spa, clubhouse, tennis courts & more. 7 mi to The Village, 8 mi to airport & 10 mi to Pismo & Downtown SLO.

Last Agent to Sell the Property

Linda Wilson

Richardson Sotheby's International Realty License #01045160 Listed on: 02/14/2020

Richardson Sotheby's International Realty

Last Buyer's Agent

Lindsey Harn

Christie's International Real Estate Sereno License #01868098

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,760

Year Built

  • Built in 1994

Lot Details

  • 0.69 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Drip System Landscaping
  • Sprinkler System
  • Lawn
  • Property is zoned AG

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Panoramic
  • Vineyard
  • Reservoir
  • Hills

Home Design

  • Planned Development
  • Clay Roof
  • Stucco

Interior Spaces

  • 6,341 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Two Way Fireplace
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Loft
  • Game Room
  • Sauna
  • Home Gym

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Propane Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessibility Features

Pool

  • Infinity Pool
  • In Ground Spa

Outdoor Features

  • Horse Property
  • Balcony
  • Fireplace in Patio
  • Concrete Porch or Patio
  • Terrace

Additional Homes

  • Guest House

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Shared Well
  • Water Softener
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 1254
  • Assessor Parcel Number 047042046

Community Details

Overview

  • Varian Ranch Association, Phone Number (805) 602-9120
  • The Management Trust HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Community Stables
  • Horse Trails
  • Hiking Trails

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,760

Year Built

Built in 1994

Lot Details

0

HOA Fees

$545 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Pool table, pool table light, gym equipment, appliances, TVs, washer, dryer & some patio furniture
  • Other Phone Description: Agent Cell
  • Other Phone Number: 805.801.3232
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: East of 101(500)
  • View: Yes
  • Zoning: AG
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 047042046
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6341.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Pantry, Track Lighting, Tray Ceiling(s), Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Customized Wheelchair Accessible, Disability Features
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio, Two Way
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 433.69
  • Room Type: Entry, Exercise Room, Game Room, Guest/Maid's Quarters, Living Room, Loft, Main Floor Master Bedroom, Office, Sauna, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry
  • Spa Features: In Ground
  • Bathroom Features: Double Sinks In Master Bath, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: Hills, Panoramic, Reservoir, Vineyard, Water
  • Patio And Porch Features: Concrete, Patio, Terrace
  • Pool Features: Private, In Ground, Infinity
  • Pool Private: Yes
  • Roof: Clay
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave, Propane Range, Refrigerator, Trash Compactor, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Shared Well
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 3154
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Tennis Court(s), Hiking Trails, Horse Trails, Clubhouse, Maintenance Grounds, Water, Controlled Access
  • Association Fee: 545.00
  • Association Fee Frequency: Monthly
  • Association Name: Varian Ranch
  • Phone: (805) 602-9120
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Hiking, Horse Trails, Stable(s), Rural
  • Association Management: The Management Trust

Schools

  • School District: San Luis Coastal Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Landscaped, Lawn, Sprinklers Drip System
  • Lot Size Sq Ft: 30056.00
  • Lot Size Acres: 0.6900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30056.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 115.04
  • Tax Lot: 46
  • Tax Tract Number: 1254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Kruizenga Katie Ann and Kruizenga Michael A
Bought by
Johnson Living Trust and Kruizenga
Current Estimated Value
$4,454,713

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jun 29, 2020
Sold by
Ascrizzi Victor S and The Ascrizzi Family Trust
Bought by
Kruizenga Katie Ann and Johnson Michael A
Seller's Agent
Linda Wilson
Richardson Sotheby's International Realty
Buyer's Agent
Lindsey Harn
Christie's International Real Estate Sereno
List Price
$3,200,000
Sold Price
$2,750,000
Premium/Discount to List
-$450,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$2,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
Ascrizzi Victor and Ascrizzi Carol
Bought by
Ascrizzi Victor S and Ascrizzi Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Ascrizzi Victor and Ascrizzi Carol
Bought by
Ascrizzi Victor and Ascrizzi Carol

Purchase Details

Closed on
Oct 18, 2004
Sold by
Smith Patrick N and Smith Janet A
Bought by
Ascrizzi Victor and Ascrizzi Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Andrews M Richard and Andrews Joyce J
Bought by
Smith Patrick N and Smith Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Johnson Living Trust -- None Listed On Document
Kruizenga Katie Ann $2,750,000 Fidelity National Title Co
Ascrizzi Victor S -- First American Title Co
Ascrizzi Victor -- Chicago Title Co
Ascrizzi Victor $2,600,000 Fidelity Title Company
Smith Patrick N $840,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kruizenga Katie Ann $2,200,000
Previous Owner Ascrizzi Victor S $1,100,000
Previous Owner Ascrizzi Victor $1,500,000
Previous Owner Smith Patrick N $500,000
Closed Ascrizzi Victor $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $2,750,000 -3.5% $434 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $2,850,000 -10.9% $449 / Sq Ft
02/14/2020 02/14/20 For Sale $3,200,000 -- $505 / 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 $31,760 $2,922,565 $865,945 $2,056,620
2024 $31,184 $2,865,261 $848,966 $2,016,295
2023 $31,184 $2,809,080 $832,320 $1,976,760
2022 $29,235 $2,754,000 $816,000 $1,938,000
2021 $28,768 $2,700,000 $800,000 $1,900,000
2020 $29,024 $2,724,000 $1,100,000 $1,624,000
2019 $29,266 $2,724,000 $1,100,000 $1,624,000
2018 $29,266 $2,724,000 $1,100,000 $1,624,000
2017 $27,993 $2,600,000 $1,015,000 $1,585,000
2016 $28,032 $2,600,000 $1,015,000 $1,585,000
2015 $26,970 $2,500,000 $975,000 $1,525,000
2014 $23,553 $2,330,000 $910,000 $1,420,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP20033177

California Regional Multiple Listing Service (CRMLS)

APN: 047-042-046