
102, Santa Maria, CA 93455
Analysis of 1172 E Rice Ranch Road 101, 102, Santa Maria, CA 93455 is currently available with a list price of $1,199,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the 102 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.
Property is new construction or fully renovated.
The property consists of two brand-new 2025 constructions and a main residence that has undergone an extensive recent renovation. The interiors feature modern shaker-style cabinetry, quartz countertops, stainless steel appliances, and updated bathrooms with custom tile work. With new vinyl flooring, recessed lighting, and energy-efficient mini-split HVAC systems in the new units, all components are virtually new and meet high contemporary quality standards.
This rare triplex configuration features three separate units on a single lot, including a remodeled 4-bedroom main home and two brand-new 2025 builds, offering significant rental revenue or multi-generational living options.
The property combines a beautifully updated main residence with two newly constructed units (2025) featuring contemporary finishes, quartz countertops, and energy-efficient mini-split HVAC systems.
Situated in a highly sought-after neighborhood within the prestigious Orcutt school district, the property offers excellent proximity to local shopping, dining, and commuter routes.
All three units are currently occupied by tenants with leases ending in the summer, which may delay immediate possession for owner-occupants or require management of existing lease terms.
Accommodating three distinct dwellings on a 0.20-acre lot results in higher density, which may limit private outdoor space and create potential parking challenges for multiple households.
3 Homes, 1 Lot! Rare opportunities like this don't come along often in the heart of Orcutt! Situated in a well-established neighborhood on a spacious .20 acre lot, this beautifully remodeled 4-bedroom, 2-bath home offers versatility, income potential, and modern comfort -- all in one exceptional property. The main home features an open-concept floorplan designed for today's lifestyle. The modern kitchen showcases shaker-style wood cabinetry, chic quartz countertops, and newer stainless-steel appliances -- perfectly blending style and function. The bright and inviting living room offers recessed lighting, durable vinyl flooring, and a cozy fireplace ideal for relaxing evenings. A convenient laundry room is located just off the kitchen for added ease. All four bedrooms are generously sized with newer carpet and stylish light fixtures. Both bathrooms have been tastefully updated with custom tile work and designer finishes, creating a fresh, contemporary feel throughout. ($3700/mo) Adding even more value are two additional units: • A newly built (2025) detached 2-bedroom, 1-bath home complete with a kitchen, laundry and living area, and mini split (a/c and heat)- ideal for extended family, multi-generational living, or premium rental income. ($2500/mo) • A newly built (2025) attached 1-bedroom, 1-bath unit complete with a kitchen, living area, and mini split (a/c and heat)- perfect for additional rental revenue. ($1900/mo) All three units are currently tenant-occupied, offering flexibility for investors looking to reset rents or owner-occupants wanting to move in while maintaining income. Located in a desirable Orcutt school district and close to shopping, dining, and commuter access, this property checks every box for investors and homeowners alike. Whether you're looking to expand your portfolio, house hack, or create space for family while generating income -- this is the one you don't want to miss. Schedule your private tour today before this rare Orcutt opportunity is gone! *Photos are prior to tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Built year | 1961 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 2, 2026
$1,199,999
$1,225,000
-2% Price Drop
Initial Listing
Mar 5, 2026
$1,225,000
$1,250,000
-2% Price Drop
Initial Listing
Feb 19, 2026
$1,250,000
Initial Listing