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650 Mulberry Ln, Arroyo Grande, CA 93420

Sale Price: $915,000
Feb 26, 20251,596 sqft4 beds2 baths
Listed by: Ben Tilbury
License #: 02026424
Phone #: 805-549-7570
Keller Williams Realty Central Coast
Source:
CRMLS Logo
MLS #: SC25041519

Property Description

Welcome to 650 Mulberry Lane, a 4-bedroom, 2-bathroom home with a detached studio on a rare, nearly quarter-acre corner lot in West Arroyo Grande. Located near Harlow Elementary School and just 10 minutes from the beach, this home offers modern upgrades, income potential, and room to grow. Step inside to a grand cathedral-ceiling foyer leading to a remodeled 2022 kitchen, complete with oak cabinets, pull-out shelves, and stainless steel appliances. The spacious dining room features built-in cabinetry with stained-glass accents, while the living room's brick wood-burning fireplace creates a cozy gathering space. Large dual-pane windows frame stunning hill and garden views, filling the home with natural light. A fully upgraded 24' x 12' detached studio offers brand-new finishes, a luxurious rain shower, and a private fenced yard—perfect for multigenerational living or rental income. Currently rented at $2,100/month, this space provides an excellent opportunity to offset mortgage costs while maintaining privacy. Looking for even more potential? Fully approved JADU plans allow for the conversion of the oversized 2-car garage into a 1-bedroom, 1-bathroom unit, ideal for additional rental income or a private guest suite. Outside, the low-maintenance yard features drought-tolerant landscaping, mature fruit trees, and RV parking access. Leased solar panels help reduce electricity costs, with a base fee of $68/month. This versatile property is perfect for families, investors, or those seeking a home with multiple living options. Don’t miss out—schedule a private tour today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,490

TurboHome Estimated Value

$958,000

$600 sqft

High Valuation
$1,005,900
$630/sqft
Normal Valuation
$958,000
$600/sqft
Low Valuation
$910,100
$570/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$600/sqft$958,000

Neighborhood

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Comparative Value

$760K

$910K

$950K

$985K

$1.00M

622 S Halcyon Rd, Arroyo Grande, CA 93420

Sale Price: $760,000

Selected Comparable

988 Magnolia Dr, Arroyo Grande, CA 93420

Sale Price: $910,000

Selected Comparable

650 Mulberry Ln, Arroyo Grande, CA 93420

Sale Price: $915,000

Selected Comparable

650 Mulberry Ln, Arroyo Grande, CA 93420

List Price: $950,000

Subject Property

923 Farroll Ave, Arroyo Grande, CA 93420

Sale Price: $984,750

Selected Comparable

515 Woodland Dr, Arroyo Grande, CA 93420

Sale Price: $1,001,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
650 Mulberry Ln, Arroyo Grande, CA 93420

650 Mulberry Ln, Arroyo Grande, CA 93420

List: $950,000

Listed: 2/26/2025

Area:1,596 sqft
Price/sqft:$595
Beds:4
Baths:2
Year Built:
Lot Size:9,611

Comparable Properties

COMPARABLE
Choose comps
650 Mulberry Ln, Arroyo Grande, CA 93420

650 Mulberry Ln, Arroyo Grande, CA 93420

Sale: $915,000

4/18/20250.00 mi

Area:1,596 sqft
Price/sqft:$573
Beds:4
Baths:2
Year Built:
Weight:23.2%
515 Woodland Dr, Arroyo Grande, CA 93420

515 Woodland Dr, Arroyo Grande, CA 93420

Sale: $1,001,000

6/4/20250.36 mi

Area:1,717 sqft
Price/sqft:$583
Beds:4
Baths:2
Year Built:
Weight:21.3%
988 Magnolia Dr, Arroyo Grande, CA 93420

988 Magnolia Dr, Arroyo Grande, CA 93420

Sale: $910,000

7/30/20250.02 mi

Area:1,625 sqft
Price/sqft:$560
Beds:3
Baths:2
Year Built:
Weight:20.2%
923 Farroll Ave, Arroyo Grande, CA 93420

923 Farroll Ave, Arroyo Grande, CA 93420

Sale: $984,750

8/7/20250.23 mi

Area:1,798 sqft
Price/sqft:$548
Beds:3
Baths:2
Year Built:
Weight:17.8%
622 S Halcyon Rd, Arroyo Grande, CA 93420

622 S Halcyon Rd, Arroyo Grande, CA 93420

Sale: $760,000

6/24/20250.11 mi

Area:1,350 sqft
Price/sqft:$563
Beds:3
Baths:2
Year Built:
Weight:17.4%

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