1575 La Loma Drive, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 3 bath
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Nipomo, California 93444
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $899,000—positioned well below the $956,144 Fair Market Value by 5%. This valuation gap offers $57,144 in Instant Equity for the buyer. While the property holds a Fair Condition Rating due to its 1973 vintage, the nearly one-acre lot and versatile granny unit provide significant potential for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth in a prime Nipomo location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1575 La Loma Drive Subject | $899,000* List Price | 3 | 3 | 2,228 | $429 | - |
A 1263 La Loma Drive Sold | $1,127,500 | 3 | 3 | 2,364 | $477 | 0.4 mi |
B 1655 Kirby Way Sold | $999,000 | 3 | 2 | 1,926 | $519 | 0.3 mi |
C 270 S Tejas Sold | $1,122,500 | 4 | 2 | 2,404 | $467 | 0.9 mi |
D 435 Eucalyptus Road Pending | $1,149,000 List Price | 5 | 3 | 2,280 | $504 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the home is well-maintained but significantly dated. The kitchen retains original 1970s yellow tile countertops and older appliances, and popcorn ceilings are present throughout. While the flooring has been updated and the home is move-in ready, the age of the systems and original finishes necessitate cosmetic and likely mechanical updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36155, living area = 2228.
Situated on nearly one acre (36,155 sqft), this property offers exceptional privacy and significant outdoor space for recreation, gardening, or potential expansions.
The inclusion of a bonus room/granny unit provides valuable flexibility for multi-generational living, guest accommodations, or a functional home office setup.
Built in 1973, the property likely requires modernization of its original systems and interior finishes to meet current energy efficiency and aesthetic standards.
The combination of an aging structure and a massive lot necessitates significant ongoing maintenance and landscaping efforts compared to newer, smaller parcels.
Discover the charm of Central Coast living in this inviting home. This home features 3 bedrooms, 2.5 bathrooms, plus a versatile bonus room/granny unit, offering flexibility for guests, extended family, or a home office. The interior boasts a bright, airy atmosphere with an effortless indoor-outdoor flow and plenty of space to relax or entertain on this nearly one acre lot. Enjoy peaceful mornings, beautiful sunsets, and the quiet privacy this property provides—all while being just minutes from local wineries, beautiful beaches, great restaurants, scenic trails, and beloved attractions such as Monarch Dunes Golf Club, Black lake Golf Resort, and the iconic Monarch Butterfly Grove. A perfect blend of comfort, location, and lifestyle, this home presents a rare opportunity to own property in one of Nipomo’s most desirable and sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,228 | 1,972 |
| Lot Size | 36,155 | 9,288 |
| Price | $899.0K | $1.08M |
| Price per sq ft | $404 | $538 |
| Built year | 1973 | 2000 |
| HOA | $0 | $420 |
| Days on market | 26 | 56 |
Jun 26, 2026
$899,000
Initial Listing
Aug 20, 1997
$195,000
Public Record