Multi-Use Flex Estate with
1604 Tiffany Ranch RD Arroyo Grande, CA 93420
1604 Tiffany Ranch RD, Arroyo Grande, CA, 93420
$6,500,000
For Sale
$6,500,000
Multi-use building with 35-foot wood beam ceiling plus a custom residence on an approximately 10-acre estate.
Property Size12,692 SF
Lot Size10.00 Acres
Price / SF$512.13
Days on Market13
Property Features for 1604 Tiffany Ranch RD
General Information
- Standard status
- Active
- Size
- 12,692 SF
- Lot size
- 10.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
Central Coast Sotheby's International Realty
(831) 417-1000
Listed by
Linda Wilson
Source
Steinbeckre
Added: Jul 10 Updated: Jul 22 at 10:39AM Checked: Jul 22 at 10:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Coast Sotheby's International Realty
Investment Insights
Based on property information with market context.
Offered for sale is an approximately 10-acre Edna Valley estate featuring an approximately 5,500-square-foot custom main residence and an approximately 7,192-square-foot multi-use building. The main home is built with stone, copper, and cedar, including a copper roof and trim, and offers two private en-suite bedrooms in separate wings with additional bedroom potential, a chef’s kitchen with high-end appliances and butler’s pantry, a media room, and an office/art studio, plus a screened porch.
The multi-use building is designed for flexible use, with a 35-foot wood beam ceiling and room configurations suited to collections, automotive, workshop, studio, or event use. It includes open spaces, garages, a service lift, a kitchen area, a half bath, and an office or potential guest quarters.
On-site amenities include a koi pond, pasture, walking paths, landscaped grounds, and a four-car garage with a wine room. Additional features include EV charging, owned solar, radiant heat, and well and septic service, with views of hills, pasture, and the pond.
The multi-use building is designed for flexible use, with a 35-foot wood beam ceiling and room configurations suited to collections, automotive, workshop, studio, or event use. It includes open spaces, garages, a service lift, a kitchen area, a half bath, and an office or potential guest quarters.
On-site amenities include a koi pond, pasture, walking paths, landscaped grounds, and a four-car garage with a wine room. Additional features include EV charging, owned solar, radiant heat, and well and septic service, with views of hills, pasture, and the pond.
Key Highlights
- Approximately 10‑acre Edna Valley estate with views of hills, pasture, and pond
- Custom main residence (~5,500 SF) built in 2008 with two private en‑suite bedrooms in separate wings
- Chef’s kitchen with high‑end appliances, plus butler’s pantry and screened porch
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $335.1k | $26.40 |
| − Vacancy | −$20.1k | −$1.58 |
| EGI | $315.0k | $24.82 |
| − OpEx | −$78.7k | −$6.20 |
| NOI | $236.2k | $18.61 |
12,692 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.37M
$2.95M – $3.94M
NOI $236,224 @ 7.0% cap · market cap 3.63%
Second Best
Flex RnD
$2.25M
$1.97M – $2.62M
NOI $157,390 @ 7.0% cap · market cap 2.42%
Theoretical Best
Healthcare Medical
$4.99M
$4.37M – $5.82M
NOI $349,410 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multi-use building with 35-foot wood beam ceiling plus a custom residence on an approximately 10-acre estate.
Where is this flex space located?
The property is located at 1604 Tiffany Ranch RD Arroyo Grande, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Approximately 10‑acre Edna Valley estate with views of hills, pasture, and pond; Custom main residence (~5,500 SF) built in 2008 with two private en‑suite bedrooms in separate wings; Chef’s kitchen with high‑end appliances, plus butler’s pantry and screened porch
