
Santa Maria, CA 93458
This property presents a High-Potential Investment Opportunity with a List Price of $529,900—positioned well below the $421,585 Fair Market Value by -25%. While the home requires a full interior and exterior rehab due to its Condition Rating of 5, the 6,098 sqft lot offers significant ADU Potential for forced appreciation. This asset is ideal for Fix-and-Flip Investors or Contractors who can leverage the single-level layout and proximity to local schools to maximize long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Winston Subject | $529,900* List Price | 2 | 2 | 1,032 | $409 | - |
A 834 Patti Lane Sold | $515,000 | 2 | 2 | 1,134 | $454 | 0.9 mi |
B 971 W Harding Active Under Contract | $565,000 List Price | 3 | 2 | 1,040 | $543 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old), the property exceeds the 30-year threshold for a 'poor' rating without a recent comprehensive renovation. While the kitchen features older solid surface updates, the home retains dated 1980s elements like the rock fireplace and popcorn ceilings. Visible deferred maintenance includes heavily stained/worn blue carpeting, missing electrical outlet covers, and a rotting exterior pergola, indicating the need for a full interior and exterior rehab.
The generous 6,098 sqft lot features a spacious rear yard with potential for an Accessory Dwelling Unit (ADU), offering significant value-add opportunities for rental income or multi-generational living.
The home features low-maintenance vinyl plank flooring, a stylish rock fireplace, and a kitchen upgraded with solid surface countertops and tile backsplashes, providing a move-in-ready aesthetic.
The single-story floor plan provides excellent accessibility and flow, appealing to a broad demographic including first-time homebuyers and those looking to downsize without the hassle of stairs.
With only two bedrooms, the property may face market limitations among larger families or buyers requiring dedicated guest and office spaces.
At 1,032 square feet, the interior living area is relatively modest, which may feel restrictive for buyers seeking more expansive indoor environments.
Single-level 2-bedroom, 1.75-bath residence situated on a 6,098± square foot lot with potential space for an ADU in the rear yard (buyer to verify with local authorities). Interior features include low-maintenance vinyl plank flooring in the living room with a rock fireplace, and tile flooring in the dining area and kitchen. The kitchen offers solid surface countertops, ample cabinetry, and a tile backsplash extending to the refrigerator area. The primary bedroom includes a three-quarter bath with shower, vanity, and toilet. The secondary bedroom is served by a hall bath featuring a tub/shower combination, vanity, and toilet. Additional improvements include a spacious rear yard and an attached 2-car garage. The property is located approximately 0.40 miles from Juan Pacifico Ontiveros Elementary School and approximately 0.90 miles from Vallarta Supermarkets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,032 | 1,289 | 19% |
| Lot Size | 6,098 | 4,574 | 81% |
| Price | $529.9K | $592.5K | 25% |
| Price per sq ft | $513 | $447 | 75% |
| Built year | 1983 | 1996 | 25% |
| HOA | $0 | $20 | 50% |
| Days on market | 23 | 171 | 6% |
May 15, 2026
$529,900
Initial Listing