Welcome to an extraordinary real estate opportunity nestled in coveted east Arroyo Grande. This unique property offers not one, but TWO detached and updated single-family homes, each exuding charm, phenomenal views, and spread across 5.3 acres of oak-studded land. The first residence, 1301 Corberosa, invites you into a cozy 1,080 square feet of single-level living space. This home boasts an open floor plan that seamlessly integrates three bedrooms, two bathrooms and laundry closet, with a recently updated kitchen and interiors to reflect contemporary tastes. Large windows frame breathtaking hilltop views of the surrounding landscapes, creating a tranquil backdrop for everyday living. Venture outside to also find an under-house, unfinished storage space and attached deck. Situated up the road for some privacy, 1305 Corberosa presents a spacious 1,451 square feet, two-story abode. With three bedrooms and three bathrooms, this home features a two-car attached garage, laundry room, and yard space, perfect for outdoor enjoyment. The interiors have also been thoughtfully updated, ensuring a move-in-ready experience. Recent property updates include fresh interior and exterior paint, updated countertops, appliances and single-basin sinks, new carpet, water heater, extensive gravel driveway, new roofs, and much more! Both properties are equipped with built-in storage spaces and detached storage sheds. This property offers so much potential and could be ideal for multi-generational buyers, an investor looking for a rental opportunity, and/or anyone wishing to live in one home while leasing out the other for additional income. Both homes are serviced by a private well with two water storage tanks, two septic tanks, two electric meters, and on propane gas, while just a quick drive to the Village of Arroyo Grande or Edna Valley. Don't miss out on this incredible opportunity to call 1301 and 1305 Corberosa Drive your next home!