1355 Via Del Carmel, Santa Maria, CA 93455, Santa Maria, 93455 - 3 bed, 2 bath
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1355 Via Del Carmel
Santa Maria, CA 93455
CLOSED
CONDITION: POOR
3Beds
2Baths
1,887Sq Ft
10,019Lot Size
Property Price
LIST PRICE$695,500
EST. MARKET VALUE
$702,018
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $695,500—positioned well below the $702,019 Fair Market Value by 0.93%. This valuation gap offers $6,519 in Instant Equity. Featuring a Fair Condition Rating, the home requires modernization but offers significant upside through its 10,019 sq ft lot and ADU potential. Located in the desirable Pine Grove School district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovation.
Estimated Market Value
$702,018
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1355 Via Del Carmel Subject 3 bd · 2 ba · 1,887 sqft · $372 | $670,000 | 3 | 2 | 1,887 | $372 | - |
A 1136 Patterson Sold 4 bd · 3 ba · 1,953 sqft · $376 · 0.9 mi | $735,000 | 4 | 3 | 1,953 | $376 | 0.9 mi |
B 4768 Karnes Road Sold 3 bd · 3 ba · 2,162 sqft · $400 · 0.9 mi | $865,000 | 3 | 3 | 2,162 | $400 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1962, this property is over 60 years old and shows highly outdated interior features. The bathroom retains a vintage pink aesthetic with dated tile countertops and old cabinetry, and the living spaces feature older carpeting and dated wood paneling. The property requires a comprehensive rehab and modernization of its key systems, kitchen, and bathrooms.
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 = 10019, living area = 1887.
- Expansive Lot & ADU Potential
The generous 10,019 sq ft lot features dedicated boat/trailer parking and ample space for a potential ADU, offering significant value-add opportunities for future owners.
- Flexible Living Space
Boasting nearly 1,900 sq ft, the home includes a massive family room with vaulted wood-beamed ceilings and a formal dining area that can easily be converted into a fourth bedroom.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Dated Interior Elements
Built in 1962, the home's 'country kitchen' and older architectural style may require significant cosmetic modernization to meet the expectations of contemporary buyers.
- Market Stagnation
With 59 days on market and three consecutive price reductions, the property has struggled to find its price point, which may lead to buyer hesitation or lower offers.
About 1355 Via Del Carmel
INCREDIBLE OPPORTUNITY to own a spacious 3-bedroom (possible 4), 2-bath home offering approximately 1,887 sq ft of living space on an approximately 10,019 sq ft lot in the desirable Orcutt Pine Grove School area, near the newer Rice Ranch development! This inviting home features a charming country kitchen, a formal living room with a cozy fireplace, and a massive family room with beautiful wood-beamed ceilings--perfect for entertaining, large family gatherings, and holiday celebrations. Formal dining area/den with bay window could easily be converted back into a 4th bedroom. The expanded primary bedroom provides a comfortable private retreat. Step outside to enjoy the large, covered patio overlooking a spacious backyard with ample room to add an ADU (buyer to verify with the county). Also, there's plenty of room for Boat/trailer parking area on the side of the house with two concrete ramp slabs. Whether you're looking for space to entertain, expand, or simply enjoy the outdoors, this property offers endless possibilities. Don't miss this fantastic opportunity! Call your favorite REALTOR today to schedule a private showing!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 10,019 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,887 | 1,817.181 |
| Lot Size | 10,019 | 7,535.591 |
| Price | $670.0K | $739.8K |
| Price per sq ft | $355 | $434 |
| Built year | 1962 | 1984 |
| HOA | $0 | $159 |
| Days on market | 84 | 53 |
Pricing History
Listed for Sale
Aug 29, 2026
$695,500
$725,000
-4% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$725,000
$735,000
-1% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$735,000
Initial Listing