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
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,887Sq Ft
10,019Lot Size
Property Price
LIST PRICE$695,500
EST. MARKET VALUE
$739,255
5% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $735,000—positioned well below the $754,192 Fair Market Value by 2%. This valuation gap offers $19,192 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization. The expansive 10,019 sq ft lot provides excellent ADU potential, while the location in the desirable Orcutt Pine Grove School area ensures long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Estimated Market Value
$739,255+$43,755 Equity Potential
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 | $695,500* List Price | 3 | 2 | 1,887 | $392 | - |
A 1331 Via Alta Sold | $719,000 | 3 | 2 | 1,512 | $476 | 0.1 mi |
B 4768 Karnes Road Sold | $865,000 | 3 | 3 | 2,162 | $400 | 0.9 mi |
C 780 Via Vista Verde Sold | $771,000 | 3 | 2 | 1,612 | $478 | 0.9 mi |
D 1168 E Rice Ranch Road Active | $735,000 List Price | 4 | 2 | 1,688 | $435 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1962, the property is in dated but functional condition. The interior features a 'country' kitchen, 1980s-style oak vanities with tile countertops, popcorn ceilings, and wood paneling that likely exceed 25-30 years in age. While the home appears well-maintained and move-in ready, it requires cosmetic updates and backyard landscaping to meet modern standards.
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.
- Versatile Floor Plan
The 1,887 sq ft layout features a massive family room with wood-beamed ceilings and a formal dining area that can easily be converted into a 4th bedroom, offering excellent flexibility for growing families.
- ADU & Expansion Potential
Situated on a generous 10,019 sq ft lot, the property provides ample backyard space and a large covered patio, offering significant potential to add an Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
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 Construction
Built in 1962, the property likely requires updates to its original systems, fixtures, and 'country kitchen' aesthetic to meet the expectations of modern buyers looking for a turnkey home.
- Renovation Requirements
To maximize the home's potential, buyers will need to invest immediate capital into conversions and modernization, which may be a drawback for those with limited post-purchase liquidity.
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 | 1,879.563 |
| Lot Size | 10,019 | 7,495.402 |
| Price | $695.5K | $747.3K |
| Price per sq ft | $369 | $433 |
| Built year | 1962 | 1982 |
| HOA | $0 | $170 |
| Days on market | 39 | 56 |
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