273 Mercedes Lane
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49 PhotosProperty Description
Set on a large, beautifully landscaped lot in Arroyo Grande East, this single-level four-bedroom home pairs expansive ocean and city-light views with the kind of spaces that make even ordinary days feel just that much more special. Minutes from the Village of Arroyo Grande, the setting offers a wonderful balance of connection, privacy, and coastal ease. From the street, the home makes a beautiful first impression with lush lawns, swaying palms, and an attached three-car garage with a dedicated RV bay.
Inside, abundant natural light fills the living room, where a fireplace and ceiling fan create a warm, comfortable place to gather. The living room opens directly to an incredible pergola shaded patio, creating an inviting outdoor space where ocean views are front and center. The kitchen is designed for both cooking and conversation, with a generous island, breakfast bar, pantry, abundant cabinetry, stainless steel appliances, gas cooktop, and double wall ovens.
A bright breakfast nook looks out toward the neighborhood and the views beyond, while the formal dining room adds built-in storage and a more traditional setting for entertaining. The primary suite is a true highlight, with its own fireplace insert, backyard access, walk-in closet, and spacious ensuite featuring a walk-in shower and accessibility features. Three additional bedrooms and a full bathroom offer flexibility for family, guests, an office, or whatever life calls for.
Hallway storage and a dedicated laundry room with cabinetry and utility sink add the practical touches that make this home work beautifully day to day. Owned solar with a battery bank adds energy independence and the freedom of having your own reliable power source. Outside, the landscaped backyard rises gently toward a sitting area at the top of the property, creating yet another place to pause and take in the panoramic ocean and city-light views.
From morning coffee to evening sunsets, the setting keeps reminding you why living on the Central Coast is so special. A welcoming home, a generous lot, and views that never get old. This is Arroyo Grande living with a distinctly coastal point of view.
Basic / Listing Information
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Interior
Exterior / Lot
Parking
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Local & Market Information
Property & Market Context
This 4-bedroom, 2-bath Arroyo Grande single-family home offers 2,492 sq ft of living area on a 20,038 sq ft lot.
For context, its current list price of $1,850,000 is about 62% above the 2026 year-to-date through October 9, 2026 median closed single-family home price of $1,140,000 in Arroyo Grande.
Its 20,038 sq ft lot is about 53% larger than the 13,068 sq ft median lot size for closed single-family homes in Arroyo Grande during the same period.
Local Market Tidbit
Through October 9, 2026, 14% of closed single-family homes in Arroyo Grande reported an ocean view, ranking Arroyo Grande 8th among 14 SLO County communities.
The information in this section is independently compiled or calculated by SLO County Homes and is not provided by the listing broker or CRMLS. Market comparisons use saved SLO County Homes statistics for the period shown and are for general informational purposes only.
IDX Information
Based on information from CRMLS as of October 7, 2026 at 12:46 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.