1430 Solomon Road, Santa Maria, CA 93455, Santa Maria, 93455 - 6 bed, 3 bath

1430 Solomon Road
Santa Maria, CA 93455
Property Price
SUMMARY
Analysis of 1430 Solomon Road, Santa Maria, CA 93455 reveals a Fairly Priced Property with a current list price of $2,350,000 aligned with the estimated $2,350,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Maria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1977, this property has undergone an extensive and recent renovation to function as a congregate living health facility. The images showcase a virtually new interior with modern wood-look flooring, fresh paint, and updated lighting throughout. The kitchen features contemporary light wood cabinetry, granite countertops, and stainless steel double ovens, all appearing new. The bathrooms are fully updated, ADA-compliant, with modern marble-look tiling, pebble shower floors, and new fixtures, indicating a high standard of renovation. A new tankless water heater is also visible. While the original build year is older, the comprehensive and high-quality updates bring the property's condition to excellent, meeting current quality standards with minimal physical depreciation.
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 = 43560, living area = 5714.
- Specialized Facility & Renovation
The property has been extensively renovated and equipped to function as an 18-bed Congregate Living Health Facility (CLH), offering a unique and valuable opportunity for specialized care providers or investors in that niche.
- Expansive Lot Size & Prime Location
Situated on a generous one-acre lot (43,560 sqft) in a prime residential area, providing ample outdoor space, privacy, and potential for various uses or future development.
CONSRISKS & DEFICIENCIES
- Niche Market Appeal
Its specific renovation for an 18-bed CLH targets a very specialized buyer demographic, which may limit its appeal to general residential buyers and potentially extend the time on market.
- Potential for Specialized Maintenance
Given its setup as a CLH, the property may require specialized maintenance, operational considerations, or regulatory compliance that differs from a standard single-family home, which could be a barrier for some buyers.
- Age of Construction
Built in 1977, the property is nearly 50 years old. While renovated, potential buyers may have concerns about the age of underlying systems (e.g., plumbing, electrical, HVAC) if not explicitly updated, potentially leading to future capital expenditures.
About 1430 Solomon Road
This property was renovated to be used as an 18 bed congregate living health facility (CLH). Property sits on an acre lot in a prime residential area. Gated with a big front yard that can accommodate a good number of cars. Bright & open floor plan with a view from the large kitchen, a large living room with fireplace & large windows. All rooms have exit doors. Wide receiving doors at the back connecting to the rear ramp. Additional ramps on the front & side of the house.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 5,714 | 1,923.5 | 99% |
| Lot Size | 43,560 | 8,276.2 | 98% |
| Price | $2.35M | $775.0K | 99% |
| Price per sq ft | $411 | $414 | 48% |
| Built year | 1977 | 1982 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 424 | 190 | 95% |
Pricing History
Listed for Sale
Jan 7, 2025
$2,350,000
Initial Listing
Sold
Aug 3, 2016
$815,000
Public Record
Sold
Mar 10, 2000
$320,000
Public Record























