1089 Olympic, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 3 bath
1089 Olympic
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 1089 Olympic, Nipomo, California 93444 reveals a property with a current list price of $1,450,000, which is 11% above the estimated $1,295,358 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nipomo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1089 Olympic Subject | $1,450,000* List Price | 3 | 3 | 2,488 | $521 | - |
A 724 Whimbrel Court Sold | $1,271,000 | 3 | 3 | 2,669 | $476 | 0.5 mi |
B 1135 Osage Street Sold | $1,190,000 | 4 | 3 | 2,644 | $450 | 0.5 mi |
C 620 Camino Roble Sold | $1,650,000 | 4 | 3 | 2,991 | $552 | 0.4 mi |
D 355 Via Vicente Sold | $1,196,000 | 3 | 2 | 1,814 | $659 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1997, the property is well-maintained and move-in ready with recent cosmetic updates including new flooring and fresh paint. However, the kitchen and bathrooms retain their original 1990s features, such as dated tile countertops and older white appliances. While functional and clean, the home lacks a full modern renovation, fitting the criteria for a property over 20 years old with original major components that show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2488.
- Expansive Private Lot
Situated on a full acre at the end of a private cul-de-sac, the property offers exceptional privacy and significant outdoor space for recreation or potential expansion.
- Turn-Key Condition
The home features numerous recent meticulous updates, including new flooring, fresh paint, and brand-new garage doors, allowing for an immediate move-in experience.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
Despite the generous square footage and large lot size, the home only offers three bedrooms, which may be a constraint for larger families or those requiring multiple home offices.
- Aging Infrastructure
Built in 1997, while the home has received cosmetic updates, original major systems such as the roof or HVAC may be approaching the end of their typical functional lifespan.
About 1089 Olympic
At the end of a private cul de sac street is where you'll find this well-maintained 1 acre Nipomo home offering an open and functional floor plan. This inviting family home boasts a kitchen which opens seamlessly to the main living area and features ample cabinetry and generous counter space. Many recent updates have been meticulously completed for its new owner. New flooring, paint, brand new garage doors and a host of updates outdoors, simply move in and enjoy. The living and dining areas provide flexibility for everyday living and entertaining. Tile flooring enhances the main areas, while the living room is highlighted by a fireplace and abundant natural light from large windows. Sliding doors lead to a concrete patio ideal for outdoor dining and relaxation, overlooking a wide, open backdrop that adds a sense of privacy and space. Our Town of Nipomo is the Jewel of the Central Coast, fabulous weather, endless walking and horse trails, world class golf and Jockos famous steakhouse. Get away from the noise and chaos and come enjoy the serenity of Nipomo at 1089 Olympic, you're new paradise!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,488 | 2,227 | 62% |
| Lot Size | 43,560 | 9,146.5 | 74% |
| Price | $1.45M | $1.18M | 73% |
| Price per sq ft | $583 | $524 | 69% |
| Built year | 1997 | 2003 | 35% |
| HOA | $0 | $138 | 43% |
| Days on market | 5 | 191 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,450,000
Initial Listing
Sold
May 24, 2002
$500,000
Public Record
Sold
Nov 21, 1997
$285,000
Public Record