
Santa Maria, CA 93455
This property represents a Strong Value Opportunity, listed at $995,000—positioned well below the $1,068,941 Fair Market Value by 6%. This valuation gap offers $73,941 in Instant Equity. Featuring a Fair Condition Rating and a spacious 3,618 sqft floor plan, the home includes a garage conversion ADU and a detached ADU, providing significant income potential. While the 1900-era structure requires modernization, the Old Orcutt location ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Property is moderate renovation needed.
Originally built in 1900, the property is well-maintained but clearly dated. The kitchen and bathrooms feature cabinetry, tile work, and fixtures that appear to be 20-30 years old. While the home is functional and offers unique ADU conversions, the interior finishes and systems require modernization to meet current standards.
With both a garage conversion ADU and a separate detached ADU, this property offers rare versatility for multi-generational living or significant rental income streams.
Situated in one of the most sought-after and desirable neighborhoods in the area, the property benefits from high demand and the unique charm of the Old Orcutt community.
Offering 3,618 square feet of living space on a generous 11,326 square foot lot, the property provides an expansive footprint that is uncommon for the region.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3618, other record living area = 2743.
Built in 1900, the age of the primary structure may necessitate significant ongoing maintenance or costly upgrades to aging electrical, plumbing, and foundational systems.
The reliance on converted accessory units to achieve the high bedroom and bathroom count may result in a fragmented floor plan compared to a traditional purpose-built five-bedroom home.
Located in the highly desirable community of Old Orcutt, this exceptional single-story property offers a rare blend of charm, character, and versatility. Filled with timeless appeal, the home showcases vintage details and unique touches that create a warm and inviting atmosphere throughout. The spacious floor plan provides comfortable living, while the property's standout feature is its incredible flexibility. In addition to the main residence, the property includes a garage conversion ADU and a separate detached conversion ADU, offering excellent opportunities for multi-generational living, guest accommodations, home office space, or potential rental income. Situated in one of Orcutt's most sought-after neighborhoods, this unique property presents endless possibilities for homeowners and investors alike. Whether you're looking for additional living space, income potential, or simply a home with character and charm, this is an opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,618 | - |
| Lot Size | 11,326 | - |
| Price | $995.0K | $701.6K |
| Price per sq ft | $275 | $430 |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 62 | 51 |
May 21, 2026
$995,000
Initial Listing
Apr 6, 2023
$830,000
Public Record