Welcome to the Grand Escape, set on nearly an acre in the heart of Arroyo Grande, this recently renovated home has 1 of only 90 vacation rental licenses permitted in the city and is transferable to the new owner. Automatic sliding power gates provide security and convenience with a horseshoe-paver driveway providing plenty of room to park. There is access off Linda drive if one has RV’s, boats or other large toys. Conveniently located minutes away from both the Pismo Dunes and Historic Village of AG. A versatile (ADU) adds space for guests, extended stays, or rental income. Property has genuine development potential and was previously entitled to build twenty-four (24) 2-bedroom condos and two (2) commercial units. This is a rare opportunity for an owner-occupant or investor alike.