Contractor’s Special | Renovation Opportunity | Cash Purchase Only.
Rare opportunity to acquire a prime corner lot in desirable Corbett Canyon encompassing 6.77 acres. This expansive property offers exceptional potential for redevelopment, a full rebuild, or the addition of multiple structures. With access from two streets, the lot is largely usable with only a gentle upslope from the road, providing flexibility for future plans.
The main residence, built circa 1986, is a single-level home featuring 3 bedrooms, 2 bathrooms, a two-car garage, and approximately 1,800 square feet of living space. A detached ADU, originally built circa 1897, includes 2 bedrooms, 1 bathroom, and a wood-burning stove for heat. An older barn is also located on the property and will require substantial renovation or removal.
A seasonal creek runs through a portion of the land, adding to the natural setting and character. This is a substantial renovation project and is best suited for experienced contractors, investors, or buyers prepared to take on an extensive improvement opportunity.
The well and septic systems are original; their current condition is unknown. Buyer to perform all due diligence.
Cash opportunity or creative financing only.
Sold for $905,000
Listing Provided by:
Jill Jackson DRE #01308987 805-471-2263,
Taylor Hoving Realty Group
Bought with: Oaks to Ocean Real Estate
$905,000
1036 Corbett Canyon Rd, Arroyo Grande, CA 93420
5beds
1,800sqft
Single Family Residence
Built in 1986
6.77 Acres Lot
$905,200 Zestimate®
$503/sqft
$4,168 Estimated rent
Home value
$905,200
$842,000 - $969,000
$4,168/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 05:12pm
Listing Provided by:
Jill Jackson DRE #01308987 805-471-2263,
Taylor Hoving Realty Group
Bought with:
Jessica Baker, DRE #01955079
Oaks to Ocean Real Estate
Summer Ramos, DRE #01992070
Oaks to Ocean Real Estate
Source: CRMLS,MLS#: PI26000827
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 5
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: Washer Hookup, In Garage, Outside
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Family Room, Kitchen, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: ground
- Patio & porch: Covered
- Pool features: None
- Fencing: Needs Repair
- Has view: Yes
- View description: Hills, Valley
Lot
- Size: 6.77 Acres
- Features: Corner Lot, Gentle Sloping, Horse Property, Sloped Up, Value In Land
Details
- Additional structures: Barn(s), Guest House Detached, Guest House
- Parcel number: 044281046
- Special conditions: Trust
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Repairs Major
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Propane, Sewer Not Available
Community & neighborhood
Community
- Community features: Rural
Location
- Region: Arroyo Grande
Other
Other facts
- Listing terms: Cash,Lease Back
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $905,000+0.7%$503/sqft |
Source:  CRMLS #PI26000827 Report a problem | ||
| 3/5/2026 | Pending sale | $899,000$499/sqft |
Source: CRMLS #PI26000827 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,492 +3.5% | $335,094 +2% |
| 2024 | $3,373 +1.2% | $328,525 +2% |
| 2023 | $3,333 +1.6% | $322,084 +2% |
Find assessor info on the county website
Neighborhood: 93420
Nearby schools
GreatSchools rating
- 6/10Harloe Elementary SchoolGrades: K-6Distance: 3.7 mi
- 5/10Paulding Middle SchoolGrades: 7-8Distance: 2.3 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 3.2 mi
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$905,200
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$923,304
- California
- San Luis Obispo County
- Arroyo Grande
- 93420
- 1036 Corbett Canyon Rd