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2655 Lopez Dr

5 Unit Apartment Building $4,350,000 ($870,000/Unit) Arroyo Grande, CA 93420

Executive Summary

Nestled on over 12 acres across two separate parcels. This custom single-level Mediterranean oasis offers unparalleled views and a unique retreat experience. The main residence spans nearly 7 acres and features a grand entrance with a circular drive and mature landscaping, reminiscent of a 5-star resort. Accommodations include four quaint detached cottages each with its own character and charm, equipped with Sub-Zero refrigerators and Kiva fireplaces. Perfect for extended family or income potential. The main house boasts unique architectural details, including rounded entryways, adobe fireplaces, and wood beam ceilings, ideally situated near beaches, lakes, wineries, golf courses, and biking trails. This amazing property features a private hiking loop on the property, perfect for outdoor enthusiasts. Also, horse- friendly, enhancing its appeal for equestrian lovers. There are seven private patios surrounded by serene gardens, offering breathtaking views. A gourmet commercial kitchen equipped with four convection ovens, a six-burner cooktop, a large island with a utility sink, a Sub-Zero refrigerator, and a walk-in pantry. The dining & patio areas ideal for enjoying morning coffee or evening wine. A 25-meter solar-assisted pool complete with a heater and fence around perimeter of pool, ensuring enjoyable swims even on cooler days. A poolside cottage featuring a deck with stunning valley and mountain views, providing privacy and tranquility. Additional features include a RV pad with utilities and Tesla Charging Station, A Kohler Generator installed as a backup to ensure guests are not adversely impacted by power outages, 90 Solar Panels to offset electricity costs. The versatile rear property on over 5 acres offering potential for another custom home or an opportunity to expand the family compound. A 780 sq. ft. garage equipped with floor-to-ceiling cabinets. Casitas Estate is truly a family compound with too many features to list, making it a must-see in person to fully appreciate its beauty and potential.

Property Facts

Price $4,350,000
Price Per Unit $870,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 5.86 AC
Building Size 530,125 SF
No. Stories 1
Year Built 1992

Amenities

  • Activity License

Unit Amenities

  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Views
  • Walk-In Closets
  • Breakfast Nook
  • Family Room
  • Garden
  • Mother-in-law Unit
  • Office
  • Pantry
  • Patio
  • Porch

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
6+5 5 - 5,370

zoning

Zoning Code SFR (SFR)
SFR (SFR)
  • Listing ID: 32826558

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 2655 Lopez Dr, Arroyo Grande, CA 93420

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