
Santa Maria, CA 93454
This Versatile Multi-Generational Property is a Strong Value Opportunity, listed at $795,000—positioned well below the $779,183 Fair Market Value by -2%. While the list price is slightly above market, the property offers significant utility through its Attached Master Studio Conversion and Sunroom, providing excellent income potential or flexible living space. With a Condition Rating of 3, the home features a Newer Roof and Tankless Water Heater. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with built-in rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 Lark Court Subject | $795,000* List Price | 4 | 3 | 1,857 | $420 | - |
A 420 Roble Sold | $690,000 | 4 | 2 | 1,963 | $352 | 0.5 mi |
B 1434 Swallow Court Sold | $665,000 | 3 | 3 | 1,605 | $414 | 0.1 mi |
C 413 Chaparral Street Sold | $700,000 | 4 | 2 | 1,963 | $357 | 0.5 mi |
D 1406 Bluebird Sold | $655,000 | 3 | 2 | 1,368 | $479 | 0.1 mi |
E 527 E Mariposa Sold | $624,000 | 3 | 1 | 1,225 | $509 | 0.3 mi |
F 603 S Lucas Drive Sold | $672,500 | 3 | 2 | 1,431 | $470 | 0.9 mi |
G 144 Palm Court Active | $639,000 List Price | 2 | 2 | 1,540 | $415 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986 but features significant recent updates including a roof replaced within the last two years and a new tankless water heater. The interior is move-in ready with new laminate flooring and refreshed kitchen/bathrooms, though some cabinetry and fixtures reflect the original 1980s construction style.
The attached master studio conversion features a private entrance, yard, and dedicated laundry, offering excellent opportunities for rental income or multigenerational living.
Significant capital improvements, including a roof replaced within the last two years and a new tankless water heater, provide peace of mind and reduce immediate maintenance costs.
The addition of a spacious sunroom and soaring vaulted ceilings significantly expands the functional living area, ideal for a home office, fitness room, or media center.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1986, the property may require further cosmetic modernization beyond the refreshed kitchen to meet contemporary design standards throughout.
The division of the backyard to provide a private area for the studio conversion may limit the amount of contiguous outdoor space available for the main residence.
Welcome to 1404 Lark Court! Tucked away at the end of a quiet cul-de-sac in a desirable Santa Maria neighborhood, this beautifully updated property offers exceptional versatility, comfort, and income potential. The main home features 4 bedrooms, 3 bathrooms, and a 2-car garage, and 2-full size laundry rooms. With a bright, open floor plan designed for everyday living. Step inside to soaring vaulted ceilings, a grand entryway, and a spacious living room centered around a cozy wood-burning fireplace. The kitchen has been refreshed with new laminate flooring and comes complete with a refrigerator, microwave, and dishwasher. A convenient breakfast bar flows seamlessly into the dining area, creating the perfect space for gathering with family and friends. Just off the dining room is a spacious sunroom that significantly expands the home’s living space. With its own private entrance, this flexible bonus room is ideal as a home office, playroom, fitness room, or media room. Downstairs you’ll find two generously sized guest bedrooms, a full bathroom with a large shower/tub combination, and a spacious laundry room complete with a washer, dryer, and abundant storage. The private upstairs primary suite offers a peaceful retreat with vaulted ceilings, an oversized walk-in closet, and an en-suite bathroom featuring a large shower and plenty of vanity storage. Adding even more value is the attached Master Studio Conversion , complete with its own private entrance, private yard, dedicated laundry room, and separate living space. Whether used for extended family, guests, a home office, or rental income, this studio offers outstanding flexibility and investment potential. Major updates provide added peace of mind, including a newer roof replaced within the last two years and an updated tankless water heater that efficiently supplies endless hot water to both the main home and the attached studio apartment. The expansive backyard wraps around the home, providing plenty of room to entertain, garden, or simply relax and enjoy the Central Coast sunshine. Conveniently located near shopping, schools, parks, and with easy access to Highway 101, this unique property combines comfortable living with exceptional versatility. Whether you’re searching for a spacious family home, a multigenerational property, or an investment with built-in income potential, 1404 Lark Court offers an opportunity that’s hard to find. Don’t miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,857 | 1,879.563 |
| Lot Size | 6,098 | 7,495.402 |
| Price | $795.0K | $747.3K |
| Price per sq ft | $428 | $433 |
| Built year | 1986 | 1982 |
| HOA | $0 | $170 |
| Days on market | 4 | 56 |
Sep 5, 2026
$795,000
Initial Listing