Located in Varian Ranch, one of the Central Coast’s most active and prestigious communities, this show-stopping 3 Bed, 5 bath Spanish-style estate offers more than 4,400 square feet of immaculately curated living space. The property features panoramic views of some of the region’s tallest peaks set off by unspoiled rolling hillsides dotted with native oaks.
Step through this iconic home to reveal a space defined by a striking fireplace which anchors the interior with charm and draws attention to the custom woodwork and high-beamed ceilings throughout the living area. The main floor is flooded with brightness and the natural warmth of the coastal sunlight that seamlessly flows from the family room, to the wet bar, to a gourmet kitchen complete with a generous center island and breakfast nook.
Continue onto the expansive terrace to realize a true indoor-outdoor living experience. The primary suite includes a luxurious bath, walk-in closets and a soaring roofline for a resort-like hideaway; there’s even a hot tub for stargazing off the master. A private office, 3 oversized bedrooms and 5 bathrooms have been thoughtfully reimagined with new lighting, ceiling fans, carpet, paint and fixtures to give this pastoral dwelling a refreshed look and feel.
The gated property features mature landscaping, a built-in barbecue/outdoor kitchen and a 3-car garage. Varian Ranch offers a 40-stall barn, 10 pastures for riding and a riding arena. The 3,100-acre community also features 25 miles of trails, a newly renovated clubhouse, a swimming pool and spa, tennis courts and even a community orchard with citrus and fruit trees. Minutes to beaches, wine country, shopping, dining and nightlife all within the San Luis Coastal Unified school district, this true California oasis is a generational find!
Under contract
Listing Provided by:
Jennifer Kennedy DRE #02093802 661-972-1958,
Home & Ranch Sotheby's Intl
Price cut: $199K (2/7)
$3,795,000
1535 Wild Rye Way, Arroyo Grande, CA 93420
3beds
4,458sqft
Est.:
Single Family Residence
Built in 2000
1.36 Acres Lot
$3,608,900 Zestimate®
$851/sqft
$730/mo HOA
What's special
Striking fireplaceMature landscapingGourmet kitchenCustom woodworkGated propertyFamily roomBreakfast nook
- 75 days |
- 2,044 |
- 54 |
Zillow last checked:
Listing updated:
Listing Provided by:
Jennifer Kennedy DRE #02093802 661-972-1958,
Home & Ranch Sotheby's Intl
Source: CRMLS,MLS#: NS25269032
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Great Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Other, Pantry
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Other
- Features: Walk-In Closet(s)
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Gas Oven, Microwave
- Laundry: Washer Hookup, Inside, Laundry Room
Features
- Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Bar, Wired for Sound, Bedroom on Main Level, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,458 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Front Porch, Open, Patio, Wrap Around
- Exterior features: Barbecue, Lighting, Rain Gutters, Fire Pit
- Pool features: Association
- Has spa: Yes
- Spa features: Association, Private
- Has view: Yes
- View description: Canyon, Hills, Meadow, Mountain(s), Panoramic, Trees/Woods
Lot
- Size: 1.36 Acres
- Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Drip Irrigation/Bubblers, Front Yard, Gentle Sloping, Landscaped, Sprinklers Timer, Yard
Details
- Additional structures: Barn(s), Shed(s), Stable(s)
- Parcel number: 047042005
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Drywall, Stucco
- Foundation: Slab
- Roof: Clay,Tile
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
Community & HOA
Community
- Features: Biking, Foothills, Hiking, Horse Trails, Gated
- Security: Gated Community, Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Controlled Access, Fire Pit, Horse Trail(s), Management, Barbecue, Pool, Pets Allowed, Spa/Hot Tub, Trail(s)
- HOA fee: $730 monthly
- HOA name: Varian Ranch
Location
- Region: Arroyo Grande
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $3,540,420
- Annual tax amount: $38,946
- Date on market: 12/5/2025
- Cumulative days on market: 76 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
$3,608,900
$3.43M - $3.79M
$7,787/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Contingent | $3,795,000$851/sqft |
Source:  CRMLS #NS25269032 Report a problem | ||
| 2/7/2026 | Price change | $3,795,000-5%$851/sqft |
Source: CRMLS #NS25269032 Report a problem | ||
| 1/10/2026 | Price change | $3,994,0000%$896/sqft |
Source: CRMLS #NS25269032 Report a problem | ||
| 12/5/2025 | Listed for sale | $3,995,000+14.1%$896/sqft |
Source: CRMLS #NS25269032 Report a problem | ||
| 3/11/2024 | Sold | $3,500,000+2.9%$785/sqft |
Source: CRMLS #SC24034293 Report a problem | ||
| 3/6/2024 | Pending sale | $3,399,900$763/sqft |
Source: CRMLS #SC24034293 Report a problem | ||
| 2/28/2024 | Contingent | $3,399,900$763/sqft |
Source: CRMLS #SC24034293 Report a problem | ||
| 2/26/2024 | Listed for sale | $3,399,900+3.1%$763/sqft |
Source: CRMLS #SC24034293 Report a problem | ||
| 8/15/2023 | Sold | $3,297,000$740/sqft |
Source: Public Record Report a problem | ||
| 6/5/2023 | Pending sale | $3,297,000$740/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #CRSC23079694 Report a problem | ||
| 5/26/2023 | Contingent | $3,297,000$740/sqft |
Source: CRMLS #SC23079694 Report a problem | ||
| 5/16/2023 | Listed for sale | $3,297,000+73.5%$740/sqft |
Source: CRMLS #SC23079694 Report a problem | ||
| 9/17/2013 | Sold | $1,900,000-9.5%$426/sqft |
Source: Public Record Report a problem | ||
| 7/18/2013 | Price change | $2,099,000-2.4%$471/sqft |
Source: Patterson Realty #195288 Report a problem | ||
| 4/11/2013 | Listed for sale | $2,150,000+489%$482/sqft |
Source: Patterson Realty #195288 Report a problem | ||
| 7/10/1998 | Sold | $365,000+12.3%$82/sqft |
Source: Public Record Report a problem | ||
| 12/3/1996 | Sold | $325,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38,946 +7.7% | $3,540,420 +8.2% |
| 2024 | $36,149 +45.9% | $3,271,000 +46.1% |
| 2023 | $24,780 +6.7% | $2,238,691 +2% |
| 2022 | $23,226 +1.6% | $2,194,796 +2% |
| 2021 | $22,857 +1% | $2,151,762 +1% |
| 2020 | $22,623 +1% | $2,129,699 +2% |
| 2019 | $22,388 +2% | $2,087,941 +2% |
| 2018 | $21,949 +2% | $2,047,002 +2% |
| 2017 | $21,519 +2% | $2,006,865 +2% |
| 2016 | $21,097 | $1,967,515 +1.5% |
| 2015 | $21,097 +50.2% | $1,937,962 +38.5% |
| 2014 | $14,046 | $1,399,001 +2.5% |
| 2012 | -- | $1,365,372 +2% |
| 2011 | -- | $1,338,601 +0.8% |
| 2010 | -- | $1,328,598 -0.2% |
| 2009 | -- | $1,331,755 +2% |
| 2008 | -- | $1,305,643 +2% |
| 2007 | -- | $1,280,043 +2% |
| 2006 | -- | $1,254,945 +2% |
| 2005 | -- | $1,230,339 +2% |
| 2004 | -- | $1,206,216 +1.9% |
| 2003 | -- | $1,184,109 +2% |
| 2002 | -- | $1,160,892 +2% |
| 2001 | -- | $1,138,130 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$22,722/mo
Principal & interest
$18545
Property taxes
$3447
HOA Fees
$730
Climate risks
Neighborhood: 93420
Nearby schools
GreatSchools rating
- 7/10Los Ranchos Elementary SchoolGrades: K-6Distance: 4.5 mi
- 8/10Laguna Middle SchoolGrades: 7-8Distance: 9.8 mi
- 10/10San Luis Obispo High SchoolGrades: 9-12Distance: 8.6 mi
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