1642 Northwood Road, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 2 bath

1642 Northwood Road, Nipomo, California 93444 home-pic-0

1642 Northwood Road

Nipomo, California 93444

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,835Sq Ft
7,077Lot Size

Property Price

LIST PRICE$1,100,000
EST. MARKET VALUE
$1,140,081
3% BelowMARKET VALUE

SUMMARY

Analysis of 1642 Northwood Road, Nipomo, California 93444 reveals a Prime Investment Opportunity with a current list price of $1,100,000—significantly undercutting the $1,140,081 Fair Market Value by 3%. This valuation gap indicates a +$40,081 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Nipomo 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

$1,140,081 +$40,081 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Nipomo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1642 Northwood Road
Subject
$1,100,000*
List Price
321,835$621-
A
1539 Vista Tesoro Place
Sold
$1,126,000321,734$6490.6 mi
B
1409 Vicki Lane
Sold
$1,281,000331,669$7680.8 mi
C
1084 Emma Lane
Sold
$1,299,000221,945$6680.8 mi
D
1455 Via Vista
Sold
$1,340,000321,932$6940.9 mi
E
1783 Trilogy Parkway
Sold
$1,030,000222,079$4950.6 mi
F
1349 Vicki Lane
Sold
$995,500221,669$5961.0 mi
G
1658 Waterview Place
Active
$1,150,000
List Price
221,835$6270.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this property falls within the 10-20 year age bracket for a 'good' rating. The interior is move-in ready with a modern open-concept layout, featuring a well-maintained kitchen with granite countertops, stainless steel appliances, and quality cabinetry. While the backyard is a 'blank slate' requiring landscaping, the home's structural components, flooring, and fixtures appear well-kept and functional without the need for immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Resort-Style Community Living

    Located in the prestigious Trilogy Monarch Dunes, the property offers access to premium amenities, scenic surroundings, and a golf course view, ensuring a high-quality lifestyle.

  • Expansive Lot Potential

    The property features a rare, oversized backyard that serves as a blank slate, providing significant opportunity for custom landscaping, outdoor kitchens, or private gardens.

  • Functional Single-Level Design

    The open-concept, single-story layout is highly desirable for accessibility and modern living, featuring a spacious primary suite and seamless flow between the kitchen and dining areas.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The $525 monthly association fee is a significant recurring expense that may impact the affordability and budget for some prospective buyers.

  • Unfinished Outdoor Space

    While the large lot offers potential, it currently requires a complete landscape build-out, necessitating additional immediate capital investment and time from the buyer.

About 1642 Northwood Road

Welcome to this single-level home in the desirable Trilogy Monarch Dunes community, offering a functional open-concept layout and an exceptionally large lot with endless potential. The heart of the home features an open living room and kitchen design that flows seamlessly into a spacious dining area, creating an ideal setting for both everyday living and entertaining. Natural light fills the main living spaces, enhancing the sense of openness and comfort. The primary suite is generously sized and includes a large en-suite bathroom along with a walk-in closet, providing a private and relaxing retreat. Two additional bedrooms and a full bathroom offer flexibility for guests, a home office, or hobbies. Step outside to a rare oversized backyard that serves as a true blank slate — ready for a garden, outdoor entertaining space, or custom landscaping to suit your vision. Located within Trilogy Monarch Dunes, residents enjoy access to resort-style amenities, scenic surroundings, and a vibrant community lifestyle, all just minutes from Central Coast beaches, golf, and local dining. This is an excellent opportunity to enjoy single-level living with space to personalize, in one of the Central Coast’s most sought-after neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
7,077 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$525.0 / Month

Neighborhood Insights

Nipomo Unified Schools

Lange (Dorothea) Elementary School

Grades K-6 • 2.6 mi

4/10

Mesa Middle School

Grades 6-9 • 3.0 mi

4/10

Nipomo High School

Grades 8-12 • 3.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
41%
Square foot1,8352,146
38%
Lot Size7,0778,991.5
28%
Price$1.10M$1.18M
45%
Price per sq ft$599$524
73%
Built year20072004
54%
HOA$525.0$142
85%
Days on market3191
1%

Pricing History

Listed for Sale

Mar 4, 2026

$1,100,000

Initial Listing

Sold

Nov 16, 2007

$550,000

Public Record

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