
Nipomo, California 93444
This Single-Family Residence represents a High-Potential Investment Opportunity, currently listed at $700,000. While the property is priced at its current fair market value, the significant price reduction from its original list price signals a motivated seller. Featuring a Fair Condition Rating with original 1986 finishes, the home offers a clear path for value-add cosmetic renovations. Situated on a generous 9,500+ sq ft lot within the Blacklake golf community, this asset provides a unique lifestyle appeal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1292 Black Sage Circle Subject | $700,000* List Price | 2 | 2 | 1,605 | $436 | - |
A 470 Links Drive Sold | $858,000 | 2 | 2 | 1,796 | $478 | 0.4 mi |
B 1337 Black Sage Circle Sold | $860,000 | 3 | 3 | 1,804 | $477 | 0.1 mi |
C 626 Riviera Active | $739,900 List Price | 3 | 2 | 1,463 | $506 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this home is well-maintained but remains largely in original condition. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older appliances. The presence of popcorn ceilings and 38-year-old styling places it in the fair category, as it is functional but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9545, living area = 1605.
Located in the desirable Blacklake golf community, the property offers exclusive access to tennis courts, three 9-hole golf courses, and scenic walking paths, providing a high-end recreational lifestyle.
The 1,600+ sq ft single-story floor plan is designed for accessibility and ease of maintenance, situated on a generous 9,500+ sq ft lot that offers superior privacy compared to standard lots.
Featuring only two bedrooms, the home may have limited appeal for growing families or buyers requiring multiple guest rooms and a dedicated home office.
With 75 days on the market and multiple price drops, the property may carry a 'stale' listing perception, requiring aggressive marketing to overcome its initial overpricing.
Located in the highly desirable Blacklake golf community, this well-maintained single level home offers a comfortable and low-maintenance Central Coast lifestyle. Featuring approximately 1,600+ sq ft with 2 bedrooms and 2 bathrooms, the home is designed with a functional layout that flows naturally between the living, dining, and kitchen areas. The living room, centered around a fireplace, creates a warm and inviting atmosphere, while the kitchen provides ample cabinetry, pantry and workspace for everyday ease. Outdoor living is equally appealing with a private patio and landscaped yard. Ideal for relaxing or entertaining. Set on an approximately 9,500+ sq ft lot, the property offers a sense of privacy while remaining easy to maintain. Year around tennis courts exclusively for Crown Pointe Residents. Enjoy access to Black lake's 3, 9 hole golf courses, walking paths, and community amenities, all just minutes from shopping, dining, and the coast—offering both lifestyle and long-term value.
No exterior & parking available.
Grades K-6 • 2.7 mi
Grades K-6 • 3.6 mi
Grades 6-9 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,605 | 1,972 |
| Lot Size | 9,545 | 9,288 |
| Price | $700.0K | $1.08M |
| Price per sq ft | $436 | $538 |
| Built year | 1986 | 2000 |
| HOA | $210.0 | $420 |
| Days on market | 90 | 56 |
Jun 18, 2026
$700,000
$775,000
-10% Price Drop
Initial Listing
May 16, 2026
$775,000
$825,000
-6% Price Drop
Initial Listing
Apr 23, 2026
$825,000
Initial Listing
Jan 2, 2004
$419,000
Public Record