Versatile Arroyo Grande property featuring a 3-bedroom, 1-bath main residence plus a permitted 1-bedroom, 1-bath ADU! The property offers approximately 1,696 sq. ft. of total living space on an approximately 6,250 sq. ft. lot. This unique configuration is ideal for multigenerational living, extended family, guests, or rental income. The main residence offers a comfortable, light-filled floor plan with attractive wood-look flooring throughout much of the home and a stone fireplace anchoring the living area. The kitchen opens to the living space and features ample cabinetry and counter space, a gas range, refrigerator, and window overlooking the yard. The permitted ADU provides a separate living space with its own kitchen, living area, bedroom, and bathroomadding tremendous flexibility and income potential. Outside, brick walkways, established landscaping and garden areas provide inviting outdoor space with room to personalize. Conveniently located near shopping, dining, schools, Highway 101, and the many amenities of Arroyo Grande and the Central Coast. An additional opportunity may be available for qualified buyers to assume the seller's existing VA loan. Loan assumption is subject to lender/servicer and VA approval and applicable requirements. With two distinct living spaces, a permitted ADU, and the potential for favorable financing, 617 Cornwall Avenue offers a combination of flexibility and opportunity that's difficult to find. Call your Realtor for a showing today!!