1172 E Rice Ranch Road 101, 102, Santa Maria, CA 93455, Santa Maria, 93455 - bed, bath

1172 E Rice Ranch Road 101, 102, Santa Maria, CA 93455 home-pic-0

1172 E Rice Ranch Road 101

102, Santa Maria, CA 93455

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,421Sq Ft
8,712Lot Size

Property Price

LIST PRICE$1,225,000

SUMMARY

Analysis of 1172 E Rice Ranch Road 101, 102, Santa Maria, CA 93455 is currently available with a list price of $1,225,000. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property qualifies as excellent due to two brand-new units built in 2025 and a main home that has been extensively remodeled. The interiors feature modern shaker cabinetry, quartz countertops, stainless steel appliances, recessed lighting, and updated flooring throughout. With new mini-split HVAC systems and contemporary bathroom finishes, the property meets current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Income Potential

    This unique triplex configuration, featuring a remodeled 4-bedroom main home plus two brand-new 2025 units, offers exceptional versatility for house-hacking, multi-generational living, or maximizing rental yields.

  • Turnkey Modern Upgrades

    The property boasts a fully remodeled main interior and two newly constructed units (2025) equipped with modern finishes, quartz countertops, and energy-efficient mini-split systems, significantly reducing immediate maintenance needs.

  • Prime Orcutt Location

    Situated in a well-established neighborhood within the highly sought-after Orcutt school district, the property benefits from strong local demand and proximity to shopping, dining, and commuter routes.

CONSRISKS & DEFICIENCIES

  • Occupancy Restrictions

    With all three units currently tenant-occupied, immediate possession for an owner-occupant is delayed until leases expire this summer, requiring careful coordination of transition timelines.

  • High Density on Small Lot

    Housing three separate units on a 0.20-acre lot creates a high-density living environment that may limit private outdoor space and parking flexibility for the various residents.

About 1172 E Rice Ranch Road 101

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. 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. • 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. All three units are currently tenant-occupied with leases ending this summer, 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.

Property Details

Public Facts

Property Type
Triplex
Year Built
1961
Lot Size
8,712 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,4211,810.5
50%
Lot Size8,7124,956
50%
Price$1.23M$660.0K
50%
Price per sq ft$506$293
50%
Built year19611969
50%
HOA$0$0
50%
Days on market16149
50%

Pricing History

Listed for Sale

Mar 5, 2026

$1,225,000

$1,250,000

-2% Price Drop

Initial Listing

Price Change

Feb 19, 2026

$1,250,000

Initial Listing

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