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.
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- Address1036 Corbett Canyon RD Arroyo Grande CA
- CityArroyo Grande
- CountySan Luis Obispo
- Zip Code93420
Subdivisions in Arroyo Grande
Property Summary
- 1036 Corbett Canyon RD Arroyo Grande CA is a Single Family for sale in Arroyo Grande, CA, 93420. It is listed for $899,000 and features 5 beds, 3 baths, and has approximately 1,800 square feet of living space, and was originally constructed in 1986. The current price per square foot is $499. The average price per square foot for Single Family listings in Arroyo Grande is $667. The average listing price for Single Family in Arroyo Grande is $1,270,263.
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Courtesy of Taylor Hoving Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 



