tomo logo

$1,600,000

Beds
5
Baths
5.5
sq ft
3,816

588 S 7th St, Grover Beach, CA 93433

588 S 7th St

Grover Beach, CA 93433

  • 21 days on market
This stunning, gated estate offers an exclusive blend of elegance, privacy, and modern design just a short five-minute bike ride to the beach. Boasting five spacious bedrooms with ensuite bathrooms, this home provides abundant room for relaxation and entertainment, making it the ideal retreat for those seeking luxury on the Central Coast. Potential for rooftop deck plans already approved by the city, adding approximately 300 square feet of additional space—perfect for creating an elevated retreat to enjoy Ocean views and coastal breezes. Step through a grand 8-foot tall double entry door to discover soaring 20-foot ceilings and custom marble-style flooring that flows seamlessly from the 1st to the 2nd floor including the grand prom staircase. This premium flooring choice enhances the home’s open, airy ambiance with a touch of sophistication at every step. The gourmet kitchen is designed with culinary enthusiasts in mind, featuring premium finishes and top-of-the-line appliances. Each bedroom serves as a private sanctuary, complete with its own ensuite bath and access to private balconies that overlook beautifully landscaped grounds. This property is thoughtfully crafted for privacy and convenience, with electric gates, a wraparound driveway, and a grand porte-cochère. Perfectly positioned just a few blocks from the beach, this home allows you to drift off to the soothing sounds of ocean waves while remaining close to the vibrant amenities of Grand Avenue—providing a tranquil coastal experience without the hustle and noise.

Details

Property type

Single Family Residence

Est. home value

$1,267,612

Property condition

Updated/Remodeled

Lot size

7,500 sq ft

Price per sq ft

$420

Year built

2014

HOA

No

Price History

01/10/2025
CRMLS

CRMLS #PI25006895

Listed
$1,600,000
12/21/2024
CRMLS

CRMLS #PI24244040

Removed
$1,600,000
12/05/2024
CRMLS

CRMLS #PI24244040

Listed
$1,600,000
+50.23%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Fishing, Street Lights, Sidewalks, Park

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

$1,382,087
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$89,913
Cash to seller
$1,382,087

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$115,000

Est. remaining balance

$89,913

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Joshua Stinson

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: 01/31/2025 at 4:05 AM

Listing updated: 01/23/2025 at 4:01 PM

Listed by: Sophia Stinson, eXp Realty of California, Inc.-Arroyo Grande Phone #: (805) 710-3794

MLS: CRMLS #PI25006895

CRMLS logo

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