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TERRI ALVES HOMES

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515 Windermere Lane
Arroyo Grande, CA 93420
FOR
SALE
$4,999,000
Active
7
Beds
9
Baths
11
Garage
7,840
Sqft
2.80
Acres
MLS# PI25049458
Cumulative Days on Market: 533 · Includes prior listings · Currently listed since 03/26/25 · Data provided by the MLS.

Property Description

A remarkable blend of luxury, privacy, and versatility awaits in this stunning Arroyo Grande estate. Perfectly situated on 2.8 serene acres, this exceptional property spans approximately 7, 840 sq. ft. of living space and includes a magnificent 5-bedroom, 7-bath main residence plus a 1, 200 sq. ft. 2-bedroom, 2-bath ADU. Inside the main home, expansive open-concept living spaces flow seamlessly from the grand entry and formal living room to the dining area and chef-inspired kitchen—complete with top-of-the-line appliances, an indoor BBQ, granite countertops, and a large island with custom cabinetry. The elegant primary suite features dual walk-in closets, a spa-style bathroom, and an adjoining sitting area. Each additional bedroom is a private ensuite, beautifully designed for comfort and style. Thoughtfully designed for both entertaining and everyday living, the home also includes a family room, private office, game room, media room with home theater, exercise room, and an impressive temperature-controlled wine cellar. The 5-car garage is complemented by four additional spaces currently housing recreational vehicles, plus a detached 2-car pull-through garage used as a spacious workshop. Outdoor living is resort-inspired, with a pool, spa, outdoor kitchen, fireplace, pizza oven, and a pool house complete with living space, kitchen, and bathroom. Enjoy tennis, pickleball, or basketball on the courts, or simply relax among the multiple patios and sitting areas surrounded by lush, professional landscaping, hardscape, and a small vineyard. The stylish ADU Casita offers its own 2-car garage and has been a highly desirable vacation rental, featuring an open floor plan with a bright living room, full kitchen, and two large ensuite bedrooms. This gated solar-powered estate captures panoramic views of the surrounding hills and California coastline, offering the ultimate in luxury living. Just minutes from the charming Arroyo Grande Village, San Luis Obispo, and the Central Coast’s renowned beaches, dining, and wineries—this extraordinary property is both an entertainer’s paradise and a private retreat with the bonus of the separate income-producing Casita!

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Bedrooms
7
Total Bathrooms
9
Living Area
7,840 Sqft
Price / Sqft
$638
Acres
2.80
Year Built
1989
Condition
Additions Alterations, Building Permit, Termite Clearance
Cumulative Days On Market
292

Location

Area
ARRG - Arroyo Grande
City/Township
Arroyo Grande
Direction Faces
West
View
Coastline, Hills, Ocean, Panoramic, Vineyard
Subdivision
East of 101(500)
County
San Luis Obispo
Zoning
RS

Property Details

Price
$4,999,000
Condition
Additions Alterations, Building Permit, Termite Clearance
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Structure Type
House
Levels
Multi Split
Stories
2

Community

Community Features
Biking, Dog Park, Fishing, Golf, Hiking, Lake, Park, Storm Drains, Water Sports

Local Schools

School District
Lucia Mar Unified

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
9
Full Bathrooms
6
1/2 Bathrooms
1
3/4 Bathrooms
2
Bedrooms
7
Bedrooms on Main Level
3

Area and Spaces

Living Area
7,840 Sqft
Number of Units
2

Appliances

Appliances
Six Burner Stove, Barbecue, Convection Oven, Double Oven, Dishwasher, Energy Star Qualified Water Heater, Electric Oven, Electric Range, Gas Range, Microwave, Propane Cooktop, Propane Water Heater, Refrigerator, Water Softener, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier

Interior Features

Interior Features
Wet Bar, Breakfast Bar, Balcony, Block Walls, Ceiling Fans, Crown Molding, Central Vacuum, Separate Formal Dining Room, Granite Counters, High Ceilings, Intercom, Living Room Deck Attached, Multiple Staircases, Paneling Wainscoting, Recessed Lighting, Storage, Smart Home, Sunken Living Room, Wired For Data, Bar, Wired For Sound
Flooring
Tile, Wood
Laundry Features
Laundry Chute, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Propane Dryer Hookup
Accessibility Features
Safe Emergency Egress From Home, Accessible Hallways
Door Features
Insulated Doors, Sliding Doors
Window Features
Custom Coverings, Double Pane Windows, Drapes, Energy Star Qualified Windows, Insulated Windows, Screens
Security Features
Prewired, Security System, Carbon Monoxide Detectors, Fire Detection System, Fire Rated Drywall, Fire Sprinkler System, Security Gate, Smoke Detectors
Electic
Photovoltaics Stand Alone, Photovoltaics Seller Owned, Volts440
Fireplace Features
Family Room, Primary Bedroom, Raised Hearth, Wood Burning
Entry Level
1
Entry Location
Ground Floor

Heating and Cooling

Heating Features
Central, Energy Star Qualified Equipment, Propane
Has Fireplace
Yes

Building Details

Construction

Year Built
1989
Foundations
Combination, Concrete Perimeter
Common Walls
No Common Walls

Materials

Construction Materials
Drywall, Ducts Professionally Air Sealed, Flagstone, Frame, Glass, Concrete, Plaster

Terms

Terms

Special Conditions
Standard
Special Terms
Cash, Cash To New Loan, Conventional, FHA, Va Loan
Cumulative Days On Market
292

Heating, Cooling & Utilities

Cooling Features
Central Air, Energy Star Qualified Equipment, High Efficiency, Whole House Fan, Attic Fan

Utilities

Utilities
Cable Available, Propane, Phone Available
Sewer
Engineered Septic, Perc Test Required, Private Sewer, Sewer Applied For Permit

Green Energy

Energy Efficiency Features
Water Heater

Utilities

Water Source
Private, Well

Green Energy

Green Energy Features
Solar

Lot

Acres
2.80
Lot Size
2.80
Lot Size Area Sq Ft
121,968
Lot Features
Two To Five Units Acre, Drip Irrigation Bubblers, Front Yard, Garden, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Paved, Rectangular Lot, Sprinklers Timer, Sprinkler System
Road Surface
Paved
Road Frontage
Country Road

Exterior Features

Exterior Features
Rain Gutters, Sport Court

Parking

Total Parking Spaces
12
Garage Capacity
11
Parking Features
Concrete, Direct Access, Driveway Level, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Paved, Rv Access Parking, Rv Covered, Shared Driveway, Garage Faces Side

Pool Features

Has Private Pool
Yes
Pool Features
Filtered, Gunite, Heated, In Ground, Pool Cover, Propane Heat, Permits, Private, Solar Heat, Salt Water, Tile
Spa
Yes
Spa Features
Gunite, Heated, In Ground, Permits, Private
Listed by Kathy Fissori, Real Broker, 805-540-4866
Listing Data last updated 09/10/2026 09:00 am
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Property History

12 days ago
Property information last updated
533 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 533 days (includes prior listings) · Currently listed since March 26, 2025. Data provided by the MLS.

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