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.
MLS #
CRPI26000827
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom
Appliances
Other
Family Room
Other
Fireplace
Family Room, Kitchen, Wood Burning
Laundry
In Garage, Other
Cooling
None
Roof
Composition, Shingle
Foundation
Raised
Pool
None
Style
Ranch
Horse Property
Yes
Garage/Parking
Garage: 2 Car(s)
Elementary District
Lucia Mar Unified
High School District
Lucia Mar Unified
Sewer
Septic Tank
Water
Well
HOA Fee
$0
1036 Corbett Canyon Rd is a Single Family Residence in Arroyo Grande, CA 93420. This 1,800 square foot property sits on a 6.77 Acres Lot and features 5 bedrooms & 3 full bathrooms. It is currently priced at $905,000 and was built in 1986. This address can also be written as 1036 Corbett Canyon Rd, Arroyo Grande, CA 93420.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 01, 2026. For the most current information, please contact Jill Jackson, (805) 471-2263