1160 Oakmont, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 3 bath

1160 Oakmont, Nipomo, California 93444 home-pic-0

1160 Oakmont

Nipomo, California 93444

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
3Baths
2,320Sq Ft
10,151Lot Size

Property Price

LIST PRICE$1,269,000
EST. MARKET VALUE
$1,309,079
3% BelowMARKET VALUE

SUMMARY

Analysis of 1160 Oakmont, Nipomo, California 93444 reveals a Prime Investment Opportunity with a current list price of $1,269,000—significantly undercutting the $1,309,079 Fair Market Value by 3%. This valuation gap indicates a +$40,079 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$1,309,079 +$40,079 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nipomo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1160 Oakmont
Subject
$1,269,000*
List Price
332,320$564-
A
1405 Andrew
Sold
$1,585,000332,298$6900.4 mi
B
540 Byron Lane
Sold
$1,100,000332,300$4780.7 mi
C
560 Vardon Court
Sold
$1,099,000222,156$5100.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and has been exceptionally well-maintained. Although built in 1997, the home features a gourmet kitchen with granite countertops and stainless steel appliances, along with high-end upgrades like electric window shades and custom hand-painted accents. The inclusion of a detached casita and meticulously landscaped grounds further supports a 'good' rating, as the home shows minimal wear and tear despite its age.

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 = 10151, living area = 2320.

  • Detached Casita

    The property features a separate one-bedroom, one-bath casita, offering versatile space for a guest suite, home office, or hobby room, providing rare flexibility for the area.

  • Premium Golf Resort Location

    Situated in the Estates at Black Lake Golf Resort, the home enjoys a prestigious location with stunning views of the golf course, hills, and mountains.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Built in 1997, the property may require upcoming maintenance or updates to major systems like the roof or HVAC that are approaching the end of their typical lifespan.

  • Moderate School Ratings

    The local elementary and middle schools carry a rating of 4, which may be a drawback for families prioritizing high-performing school districts.

About 1160 Oakmont

Welcome to your dream home in the beautiful Estates at Black Lake Golf Resort. Every detail of this extra-large Vanderbilt model has been thoughtfully designed, with one of a kind touches showcased throughout. This 2,320 sq ft single-level floor plan includes a detached one-bedroom, one-bath casita, ideal for guests, a home office, or hobby space. The main residence features soaring windows that flood the home with natural light, a cozy living room fireplace, and an adjoining dining area perfect for entertaining. The gourmet kitchen is a standout, offering stunning granite countertops, a center island for serving, double ovens, microwave and gorgeous refrigerator. The living room, dining room and den overlook the breathtaking backyard, creating a seamless indoor-outdoor connection. Elegant electric window shades, custom window coverings, and hand-painted accent walls add a true “wow” factor throughout the home. Both front and rear yards are meticulously maintained with easy-care, drought-resistant landscaping for water-wise living. The covered rear patio is ideal for enjoying peaceful evenings, beautiful sunsets, and outdoor relaxation. This truly one-of-a-kind property offers comfort, style, and exceptional living. Priced at $1,269,000 — don’t miss the opportunity to experience this special home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1997
Lot Size
10,151 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$168.0 / Month

Neighborhood Insights

Nipomo Unified Schools

Lange (Dorothea) Elementary School

Grades K-6 • 2.7 mi

4/10

Nipomo Elementary School

Grades K-6 • 3.3 mi

4/10

Mesa Middle School

Grades 6-9 • 3.3 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,3202,227
59%
Lot Size10,1519,146.5
61%
Price$1.27M$1.18M
59%
Price per sq ft$547$524
54%
Built year19972003
35%
HOA$168.0$142
55%
Days on market23191
3%

Pricing History

Listed for Sale

Feb 12, 2026

$1,269,000

Initial Listing

Sold

Jan 16, 1998

$320,000

Public Record

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