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$2,575,000

Beds
4
Baths
4.0
sq ft
4,460

1640 Corbett Canyon Rd, Arroyo Grande, CA 93420

1640 Corbett Canyon Rd

Arroyo Grande, CA 93420

  • 114 days on market
    • Price drop $100,000↓
Welcome to your oasis in the heart of Corbett Canyon wine country in Edna Valley. Spanning 7 acres of breathtaking vistas, this estate offers a blend of luxury, privacy, and natural beauty. This gated property, featuring a tree lined entry along a private road. The property features main home with detached guest home, with the main residence showcasing approx. 3,250 sq. ft. of exquisite custom craftsmanship. As you approach the main house, you're immediately struck by the serene surroundings. Step inside to be greeted by a light-filled living area with soaring wood-beam ceilings and panoramic views from every window, creating an ambiance of warmth and openness. The centerpiece fireplace invites you to relax and soak in the tranquility. The dining area, designed for memorable family gatherings, flows seamlessly into a chef’s dream kitchen. Skylights illuminate with high-end appliances, a custom refrigerator, and extensive counter and cabinet space, all complemented by an island with a utility sink that opens to an additional dining area. The home features a secluded office at the far end of the house, complete with a balcony. Take a break from work and savor the serene landscape that surrounds you. The master suite is a sanctuary of comfort, featuring windows that frame the surrounding beauty, a walk-in shower, and a separate soaking tub in the luxurious ensuite. Two additional spacious bedrooms on the opposite side of the home offers privacy for family or guests. The 3-car garage downstairs also includes a wine cellar, for the wine connoisseur. The guest house, approximately 1,250 sq. ft., boasts 1 bedroom and 2 bath, with high wood-beam ceilings that create an airy, inviting space. It’s an ideal retreat for visitors or an excellent opportunity for rental income. The outdoor spaces are equally captivating, with 70 olive trees enhancing the estate’s charm. Flagstone patios, a built-in fire pit, and a BBQ area offer the perfect settings for entertaining or unwinding while taking in the stunning sunsets. Despite the sense of seclusion and complete privacy, you’re never far from the best of the Central Coast. Renowned destinations like Pismo Beach, Shell Beach, AG Village, and San Luis Obispo are just a short drive away. This estate is more than a home; it's a lifestyle, blending serene, private living with the convenience of nearby attractions. Experience the epitome of California living in this exceptional Corbett Canyon estate.

Details

Property type

Single Family Residence

Est. home value

$2,601,205

Lot size

7.0 acres

Price per sq ft

$578

Year built

2004

HOA

No

Price History

11/06/2024
CRMLS

CRMLS #SC24149236

Price change
$2,575,000
-3.74%
10/09/2024
CRMLS

CRMLS #SC24149236

Removed
$2,675,000
10/08/2024
CRMLS

CRMLS #SC24149236

Listed
$2,675,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Lucia Mar Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$977,984
Asking price
$2,575,000
Closing costs (~8% of asking)
-$206,000
Est. remaining loan balance
-$1,391,016
Cash to seller
$977,984

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Assist Home Loans

Loan start date

July 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,391,016

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Alberto Russo and Jessica Silvestre

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 11:10 AM

Listing updated: 11/06/2024 at 11:45 AM

Listed by: Lindsey Harn, Christie's International Real Estate Sereno Phone #: (805) 476-0104

MLS: CRMLS #SC24149236

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