Beautiful acreage close to the Village of Arroyo Grande. Build your dream home or do a total remodel. The two bedroom one bath home is old, but on an incredible hard to find 1.5 acre lot. The property overlooks the valley and foothills. In Branch Mill Elementary school area. High school and Middle school close by also. Price Reduced. Lending is available. With 20% down you can get a rehab conventional loan. FHA has a 203K loan at 3.5% down, but has limits. Check with your lender. A barn is allowable with the City. Please check with the City of Arroyo Grande for everything you can do to this great property.