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Back Applegate Way
Off Market

Applegate Way

Arroyo Grande CA 93420

209524 sq. ft.
Land
Last sold for $640,000
Shannon BowdeyShannon Bowdey, last sold this property on 29 July 2026 after 15 days on market.

Overview

Build Your Central Coast Dream on 4.81 Acres in Beautiful Arroyo Grande Discover the rare opportunity to create the lifestyle you've always envisioned on this exceptional 4.81-acre parcel nestled on the sought-after west side of Arroyo Grande. Offering mostly usable, gently rolling land accented by beautiful mature trees and scenic hillside views, this picturesque property provides the perfect canvas for your custom estate. Whether you dream of building an elegant country home, creating an equestrian retreat, cultivating gardens and orchards, raising a few farm animals, or designing the ultimate outdoor entertaining space, the possibilities are as expansive as the land itself. An ADU may also be possible, subject to County approval. One of the property's most valuable features is its excellent-producing private well, recently tested at approximately 12.5 gallons per minute. A brand-new well pump was installed in July 2026, providing added peace of mind and making this exceptional parcel even more ready for your vision. Enjoy the peace and privacy of country living while remaining just minutes from the charming Village of Arroyo Grande, where you'll find boutique shopping, locally owned restaurants, wineries, parks, year-round community events, and the beloved farmers' market. World-class beaches, championship golf courses, renowned wineries, and the vibrant communities of Pismo Beach, Shell Beach, and San Luis Obispo are all just a short drive away. The mild Mediterranean climate allows you to enjoy the outdoors throughout the year, making this an ideal location for gardening, horseback riding, hiking, or simply taking in spectacular Central Coast sunsets from your own backyard. Utilities are available nearby along the street. Buyers are encouraged to investigate all development possibilities, building requirements, utility connections, and any applicable County regulations. Large, usable parcels in this highly desirable Arroyo Grande location are becoming increasingly rare. If you've been searching for the perfect place to build your forever home while embracing the beauty, privacy, and relaxed lifestyle of California's Central Coast, this remarkable property is ready to bring your vision to life.

Features

209524 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Arroyo Grande over the last 12 months, the estimated median property value of Applegate Way is $490k.

Median value
$490k
Estimated value range
$113k - $740k
Median days on market
71
Estimated value trend
-15%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Arroyo Grande. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Applegate Way

2026
Sold
$640,000
29 Jul 2026 by Shannon Bowdey, of SB Wealth, Inc.
2022
Sold
$585,000
05 Aug 2022 by Shannon Bowdey, of Keller Williams Realty Central

Happy sellers in Arroyo Grande

98%
98% of sellers in Arroyo Grande reported that their sale price either exceeded or met their price expectations.

Arroyo Grande stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Arroyo Grande over the last 12 months.

Local market activity for land plots in Arroyo Grande

In the last 12 months, 8 land plots similar to Applegate Way, have been sold.

This represents a 50% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Arroyo Grande

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CJ Hegney

CJ Hegney is an award winning recommended agent for Arroyo Grande.  They have 1 local sale and collected 13 local reviews across the last 12 months.

  •   5   (83 reviews)
  •  13 Reviews in Arroyo Grande
  •  1 Sale in Arroyo Grande
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Christa Lowry

Christa Lowry is a recommended agent for Arroyo Grande.  They have 10 local sales and collected 3 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  3 Reviews in Arroyo Grande
  •  10 Sales in Arroyo Grande
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Michelle McElrath (Severance)

Sellers who recommend Michelle McElrath (Severance) have praised them for being local expert, clear communication, responsive, reliable, resourceful, supportive, and strategic

  •   5   (52 reviews)
  •  2 Reviews in Arroyo Grande
  •  3 Sales in Arroyo Grande
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Alison Andrea

Alison Andrea is a recommended agent for Arroyo Grande.  They have 11 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Arroyo Grande
  •  11 Sales in Arroyo Grande
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