688 Ralcoa

Arroyo Grande, CA 93420
Single Family Residence
$1,095,000
Pending (Aug 31, 2026) Last price change on Jul 23, 2026 69 Days on Market
688 Ralcoa

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(note: A Matterport tour may be on the property website.)
Listing Agent: Ryan Benson, DRE #01949307
Listing Brokerage: Peak Properties
Listing Brokerage Contact: 805-550-1980
3Beds
2Baths
1,729Sq Ft
91,476Lot Sq Ft
1978Year Built

Property 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, 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.

Basic / Listing Information

Property Subtype
Single Family Residence
Parcel Number / APN
91,401,047
Days on Market
69
Cumulative Days on Market
69
Original List Price
$125,000
Last List Price
$1,095,000
Listing Date
Aug 22, 2026
Pending Date
Aug 31, 2026
MLS#
SC26103356

Size & Layout

Year Built
1978
Living Area
1,729
Lot Size (sq ft)
91,476
Lot Size (acres)
2.1
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Levels
One
Main-Level Bedrooms
3
Common Walls
No Common Walls

Interior

Interior Features
All Bedrooms Down,Main Level Primary
Flooring
Laminate
Laundry
In Garage
Heating
Forced Air
Cooling
None

Exterior / Lot

View
Yes
View Types
Bluff,Hills,Meadow,Trees Woods
Lot Features
Two To Five Units Acre,Agricultural,Garden,Gentle Sloping,Horse Property,Ranch,Trees
Patio / Porch Features
Concrete
Private Pool
No
Pool Features
None

Parking

Garage
Yes
Garage Spaces
2
Attached Garage
Yes
Total Parking
2

Utilities / Energy / Rural Features

Water Source
Well
Sewer
Septic Type Unknown
Horse Property
Yes

HOA / Community

Senior Community
No
HOA / Association
No
HOA Fee
$0
Community Features
Stables,Mountainous,Rural
Common Interest
None

Schools / Location

High School District
Lucia Mar Unified

Ownership / Other Listing Details

Additional Parcels
No
Possession
Close Of Escrow

IDX Information

Based on information from CRMLS as of August 31, 2026 at 1:47 PM PDT.

The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information is deemed reliable but is not guaranteed and should be independently reviewed and verified for accuracy. Property information is supplied by the listing broker and/or other sources and may be subject to errors, omissions, or changes without notice.

Properties displayed on this website may be listed by a real estate brokerage other than SLO County Homes.

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