ActiveResidential · sale

324 Miller Way

Arroyo Grande, CA 93420

$2,290,000

  • 5 beds
  • 5 baths
  • 5,716 sq ft
  • 0.46 acres
  • Built 1978

Listed by Oak & Roots Real Estate Group · MLS #NS26190691

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PROPERTY QUESTIONS & SHOWINGS

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324 Miller Way, Arroyo Grande, CA 93420 · MLS #NS26190691

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main living room features vaulted, beamed ceilings, a marble fireplace, and walls of windows framing hillside views.

Details worth a look

A gated stone courtyard with a bubbling fountain and lush landscaping sets the tone before you step inside.

Year built

Built in 1978.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Perched above the Village with panoramic views stretching from the Central Coast hillsides to the Pacific, 324 Miller Way blends privacy, drama, and timeless Spanish-inspired architecture. A gated stone courtyard with a bubbling fountain and lush landscaping sets the tone before you step inside.



The entry stuns: a soaring foyer with a mirrored, kaleidoscopic ceiling and crystal chandeliers, framed by graceful archways and rich hardwood floors. A curved staircase with a wood banister sweeps up to a loft overlook.



The main living room features vaulted, beamed ceilings, a marble fireplace, and walls of windows framing hillside views. A second great room centers on a dramatic river-stone fireplace and opens into a wet bar with granite counters and a wine fridge. Custom stained-glass windows serve as a signature design element throughout.



The kitchen showcases cherry cabinetry, granite counters, a massive center island, a new professional-style 6-burner Wolf range, and picture windows framing mountain views.



A wood-paneled study with glass-front built-in cabinetry offers a private retreat, and an elegant powder room adds old-world glamour.



The main-level primary suite offers a gas fireplace, a private covered balcony, a sunken jetted soaking tub with a separate glass shower, a cedar-lined walk-in closet, and a bonus room with a private hot tub and bar.



Upstairs, a second suite impresses with vaulted ceilings, an oval window, and a spa-caliber bath with dual vanities and an oversized walk-in shower. Additional bedrooms include a built-in bunk nook and guest bath.



The crown jewel: a massive private rooftop terrace with unobstructed 360-degree views. Multiple balconies and covered patios extend living space at every level.



A separate lower-level living area offers a commercial-style kitchen, full bath, and private access — ideal for generational living, guests, or income potential. A built-in walk-in vault adds security.



Outside, resort-style grounds include a covered outdoor kitchen with a built-in gas BBQ, a tiered patio, a rock waterfall and koi pond, and two detached workshops with French doors. Rose beds and mature avocado and citrus trees complete the landscape. A finished three-car garage and separate boat room provide abundant storage.



Just half a mile from the historic Arroyo Grande Village and minutes to Central Coast beaches and Highway 101 — this is elevated living, literally and figuratively.

THE NEIGHBORHOOD

Explore the location.

324 Miller Way, Arroyo Grande, CA 93420

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1978
Full baths
4
Half baths
1
Garage spaces
4
Cooling
WallWindowUnits
Heating
ForcedAir
Appliances
SixBurnerStove,DoubleOven,Dishwasher,Disposal,Refrigerator,RangeHood,WaterHeater
Flooring
Bamboo,Tile,Vinyl,Wood
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
AverageCondition
Accessibility
SafeEmergencyEgressFromHome
Pool
No
Pool features
None
Spa
Yes
Subdivision
East of 101(500)
Parcel
007061003
High school
Arroyo Grande
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$9,541.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #NS26190691 · California Regional MLS

Listing brokerage: Oak & Roots Real Estate Group
Listing agent: Cody Wilcoxson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.