
San Miguel, California 93451
Analysis of 1560 Bonita Place, San Miguel, California 93451 is currently available with a list price of $535,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Miguel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1991, making it 35 years old at the time of the 2026 listing. According to the criteria, homes over 30 years old without documented renovations are classified as Poor, as major systems like HVAC, roofing, and the single bathroom are likely at the end of their functional lifespan and require rehabilitation.
Listed at $535,000, this property represents an accessible entry point into the San Luis Obispo County market, making it highly attractive for first-time homebuyers or investors seeking a detached residence.
The home is located within the Paso Robles Joint Unified School District, which is a significant draw for families and helps maintain consistent property demand and value.
Built in 1991, the home benefits from more contemporary building codes and infrastructure compared to older inventory in the area, likely resulting in fewer structural or system-related issues.
A three-bedroom home with only one bathroom can be a significant inconvenience for families and may negatively impact the property's competitiveness against homes with a second bath.
With just 1,015 square feet of living space on a 4,600 square foot lot, the property offers limited interior room and minimal outdoor space for expansion or large-scale entertaining.
A charming single-family home newly listed in the heart of the historic Central Coast Community. This well-proportioned 3 bedroom 1-bath residence offers approximately 1,015 square feet of living space on a practical 4600 Sq. Ft. lot. Built in 1991, this amazing home provides comfortable, single-level living ideal for first-time buyers, downsizers, small families, or investors seeking an affordable foothold in San Luis Obispo County. This one owner home is a fresh opportunity on the market--schedule your private showing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 1.0 | 2.1 |
| Square foot | 1,015 | 1,523 |
| Lot Size | 4,600 | 7,738.333 |
| Price | $535.0K | $641.7K |
| Price per sq ft | $527 | $398 |
| Built year | 1991 | 1987 |
| HOA | $0 | $46 |
| Days on market | 36 | 64 |
Aug 4, 2026
$535,000
Initial Listing