$1,240,000

508 Launa Ln Arroyo Grande, CA 93420

$10,000
Closing credit¹
3 beds
2 full, 1 partial
2,200 sqft
0.2 acres
$564 / sqft
House

Property details

About 508 Launa Ln

Immaculate, single-level beauty nestled in the corner of a cul-de-sac in this well-established neighborhood that is just minutes from the village of Arroyo Grande. The curb-appeal begins with the mature Ash tree and a large stamped concrete driveway that leads to a light-filled and spacious home. Once inside you'll appreciate the upgraded kitchen and bathrooms, recessed lighting, dual pane windows, living room with gas fireplace, separate office space AND a large family room in the rear that has a wet bar, built-in cabinets, picture window with views of the hillside, wood-burning SECOND fireplace, 1/2 bath and french doors that lead to the sunny brick patio with a built-in BBQ, all of which could EASILY become an ADU!! Lots of unique outdoor spaces on this large lot that include an enclosed vegetable garden, fruit trees galore, in-ground fountain and custom gates that provide protection for little ones or pets. The primary room has a large walk-in closet and an additional bonus area that could be used as a second office, craft room, nursery or whatever you can think of. Solar powered, freshly painted and just waiting for it's next owner. The historic village is the heart of the town, and mere blocks away, but Arroyo Grande also offers great dining, music, theatre, wineries, shopping and is short drive to the beautiful Pacific Ocean! Come see how special 508 Launa Lane is and decide for yourself if your next chapter begins here.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Fireplace(s)
StatusActive
Size2,200 sqft
Lot size0.1653 Acres
Year built1960
ParkingConcrete, Direct Access, Garage Faces Front, Garage
MLS #SC25060656
Attached garage2 spaces
FireplaceGas, Wood Burning
ViewHills, Neighborhood

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Softener
  • Flooring Type: Carpet, Laminate
  • Interior: Wet Bar, Breakfast Area, Ceiling Fan(s), Granite Counters, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)
  • Fireplace: Gas, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Concrete, Direct Access, Garage Faces Front, Garage
  • View: Hills, Neighborhood
  • Exterior: Barbecue
  • Architectural Style: Traditional
  • Heating: Forced Air, Fireplace(s)
  • Cooling: None
  • List Price: $1,240,000
  • Price/SqFt: $563
  • Annual Tax Amount: $3,891
  • Tax Year: 2024
  • Lot: Cul-De-Sac, Sprinklers In Front, Irregular Lot, Lawn
  • Directions: East on Cherry, R on Los Olivos, R on Launa
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,200 SqFt
  • Lot Size: 0.1653 Acres
  • MLS Number: SC25060656
  • MLS Name: CRMLS
  • Office Name: BHGRE HAVEN PROPERTIES
  • Office Phone: (805) 550-8610
  • Listing Agent: Jennifer Shaheen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 3:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

single story home with fence, driveway, a front yard, and an attached garage

$1,240,000

508 Launa Ln

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 28, 1999
Home Sold
$244,500
Jul 01, 1992
Home Sold
$79,000

Tax history

YearAssessmentProperty Tax
2024$375,764$3,891
2023$368,397$3,844
2022$361,175$3,785
2021$354,094$3,776
2020$350,464$3,732
2019$343,593$3,658
2018$336,857$3,658
2017$330,253$3,596

History based on county public records data.

Nearby schools

6

Harloe Elementary School

Public District KG-6

1.4 mi

901 Fair Oaks Ave

8

Ocean View Elementary School

Public District KG-6

1.7 mi

1208 Linda Dr

6

Fairgrove Elementary School

Public District KG-6

2.2 mi

2101 the Pike

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,149. Residents of Arroyo Grande, CA typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
47%
35k-100k
32%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
7%
Single, with Kids
43%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 508 Launa Ln

The listing price of 508 Launa Ln property is $1,240,000.

The property 508 Launa Ln is a house located in Arroyo Grande, California, 93420.

Active Listing: 508 Launa Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 508 Launa Ln are: Harloe Elementary School (GreatSchools Rating 6/10), Ocean View Elementary School (GreatSchools Rating 8/10), Fairgrove Elementary School (GreatSchools Rating 6/10), Paulding Middle School (GreatSchools Rating 6/10), Mesa Middle School (GreatSchools Rating 4/10), Judkins Middle School (GreatSchools Rating 5/10), Arroyo Grande High School (GreatSchools Rating 7/10), Lopez Continuation High School (GreatSchools Rating 3/10), Pacific View Academy (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $3,891 (source: MLS/based on county public records data).

The last sale was on May 28, 1999 for $244,500 (source: MLS/tax record).

The property at 508 Launa Ln has 3 bedrooms and 2 full and 1 half bathrooms.

The property 508 Launa Ln is 2,200 SqFt (source: MLS/tax record).

The year of construction for 508 Launa Ln is 1960.

This home is located at 508 Launa Ln in Arroyo Grande, CA and zip code 93420. This 2,200 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,240,000.

In April 2025, from all listings sold in Arroyo Grande, CA there were more than 7 sold above asking price, over 11 sold below and more than 10 were sold right at the asked price. The number of listings in Arroyo Grande, CA decreased by 7% between March and April 2025. While the average time on the market in April 2025 was 21 days, the median list price was $1,130,000.

From Rocket Homes Real Estate and based on county public records data.

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