1235 Shane Lane, Templeton, California 93465, Templeton, 93465 - 3 bed, 2 bath

1235 Shane Lane, Templeton, California 93465 home-pic-0

1235 Shane Lane

Templeton, California 93465

ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,362Sq Ft
41,382Lot Size

Property Price

LIST PRICE$1,219,900
EST. MARKET VALUE
$1,127,842
8% AboveMARKET VALUE

SUMMARY

Analysis of 1235 Shane Lane, Templeton, California 93465 reveals a property with a current list price of $1,219,900, which is 8% above the estimated $1,127,842 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 Templeton 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

$1,127,842
Based on Realkey algorithm analyzing recent comparable sales in Templeton.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1235 Shane Lane
Subject
$1,219,900*
List Price
322,362$477-
A
553 Well Road
Sold
$1,275,000342,344$5440.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is exceptionally well-maintained and move-in ready; however, it was built in 1997 and retains most of its original finishes. The kitchen features dated tile countertops and white appliances rather than modern stainless steel, and the bathrooms reflect late-90s styling. Per the criteria, it falls into the 'fair' category as a home built 25-40 years ago with no major recent renovations, showing signs of being outdated despite regular upkeep.

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 = 41382, living area = 2362.

  • Premier Outdoor Sports Amenities

    The property features a rare combination of a private tennis court, putting green, and batting cage, making it an exceptional find for sports enthusiasts and active families.

  • Sustainable Landscaping & Irrigation

    Situated on nearly an acre, the lush grounds are supported by a private well for irrigation, significantly reducing utility costs for maintaining the extensive professional landscaping.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2362, other record living area = 2199.

  • Regulatory Rental Uncertainty

    While marketed with vacation rental potential, local short-term rental regulations in Templeton can be restrictive, requiring significant due diligence and permitting by the buyer.

  • Aging Mechanicals and Finishes

    Constructed in 1997, the home may require updates to its original systems or interior finishes to meet the expectations of modern luxury buyers at this price point.

About 1235 Shane Lane

Situated in the highly sought-after Templeton area, 1235 Shane Lane offers the perfect blend of privacy, comfort, and Central Coast charm. On just under an acre, this 2,362± sq.ft. residence features 3 bedrooms and 2 bathrooms, thoughtfully designed to provide both functionality and inviting living spaces in a peaceful setting. The home welcomes you with a warm and inviting atmosphere, highlighted by two fireplaces — one in the main living room creating a cozy focal point for gatherings, and another in the primary bedroom offering a private retreat for relaxation. Large windows invite natural light throughout the interior while framing views of the surrounding landscape. The backyard is truly exceptional, designed for both recreation and relaxation. Enjoy a private tennis court, a small putting green, and a batting cage — creating a unique space for sports enthusiasts and entertaining alike. A detached outdoor gazebo provides the perfect vantage point to overlook the grounds and unwind while taking in the serene surroundings. Beautiful landscaping enhances the property throughout, supported by extensive sprinkler systems, while a raised garden bed offers an ideal opportunity for anyone with a green thumb to cultivate their own garden oasis. A private well provides water for irrigation across the property, helping maintain the lush outdoor environment, while the residence is serviced by Templeton Community Services District utilities. With its outdoor amenities and prime location near downtown Templeton and within the heart of wine country — a destination many travel to experience — this property presents strong potential as a vacation rental opportunity (buyer to verify local regulations). Convenient access to local restaurants, wineries, and Paso Robles amenities further enhances its appeal. This is a rare opportunity to experience the best of Central Coast living — whether as a primary residence, weekend retreat, or investment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1997
Lot Size
41,382 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot2,3621,760
70%
Lot Size41,38217,778.5
57%
Price$1.22M$898.0K
60%
Price per sq ft$516$516
50%
Built year19971989
57%
HOA$0$0
50%
Days on market4178
3%

Pricing History

Listed for Sale

Mar 3, 2026

$1,219,900

Initial Listing

Sold

Apr 18, 2013

$552,000

Public Record

Sold

Jul 15, 1999

$265,000

Public Record

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