
Nipomo, California 93444
This Spacious Ranch-Style Estate is listed at $1,195,000, representing a stable valuation for this sought-after Nipomo neighborhood relative to its $1,082,019 Fair Market Value. While the home maintains a Fair Condition Rating with its original 1985 finishes, it presents a High-Potential Investment Opportunity due to its ADU Development Potential on a nearly one-acre lot. Featuring an extensive workshop, covered RV storage, and a mature fruit orchard, the property offers rare utility within the Lucia Mar Unified School District. This is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or Multi-Generational Buyers looking to build long-term equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1263 La Loma Drive Subject | $1,195,000* List Price | 3 | 3 | 2,364 | $458 | - |
A 243 Ruby Lane Sold | $1,400,000 | 4 | 3 | 2,541 | $551 | 0.2 mi |
B 120 N Las Flores Drive Sold | $1,399,000 | 3 | 3 | 2,657 | $527 | 0.5 mi |
C 261 Hazel Lane Sold | $1,176,500 | 5 | 4 | 3,013 | $390 | 0.4 mi |
D 1135 Osage Street Sold | $1,190,000 | 4 | 3 | 2,644 | $450 | 0.9 mi |
E 777 Sierra Road Sold | $905,000 | 3 | 2 | 2,124 | $426 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this home is well-maintained but remains largely in its original or dated state. While it features some updates like laminate flooring and a renovated walk-in shower, the property still has popcorn ceilings, 1980s-style wood cabinetry, and tiled bathroom countertops. It meets the 'fair' criteria as an aged home maintained through regular upkeep but requiring cosmetic modernization to meet current standards.
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 = 2364.
The property features a large shop and dedicated covered motorhome storage, providing exceptional utility for hobbyists, craftsmen, or RV owners.
Situated on a nearly one-acre lot, the property offers the rare potential for a secondary dwelling (ADU), providing opportunities for rental income or multi-generational living.
Built in 1985, the home may require cosmetic or mechanical updates to meet the expectations of modern buyers looking for contemporary finishes.
The potential for a secondary dwelling is not guaranteed and requires the buyer to perform extensive due diligence regarding local zoning and building codes.
Charming ranch-style home in one of Nipomo’s most desirable areas. This 3-bedroom, 2.5-bath home includes a spacious office, formal living and dining rooms, and a separate family room with a large fireplace. The property features a large shop with attached covered motorhome storage and offers potential for a secondary dwelling (buyer to verify). Enjoy mature avocado, orange, and lemon trees in a peaceful setting. A rare opportunity combining space, versatility, and location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,364 | 2,124 | 58% |
| Lot Size | 41,382 | 9,335 | 79% |
| Price | $1.20M | $1.13M | 56% |
| Price per sq ft | $505 | $534 | 43% |
| Built year | 1985 | 2003 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 167 | 1% |
Mar 20, 2026
$1,195,000
Initial Listing