1648 Richard, Cambria, California 93428, Cambria, 93428 - 4 bed, 4 bath
1648 Richard
Cambria, California 93428
Property Price
SUMMARY
Analysis of 1648 Richard, Cambria, California 93428 reveals a Fairly Priced Property with a current list price of $1,475,000 aligned with the estimated $1,462,364 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 Cambria 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.
Although built in 1986, the property has undergone a meticulous and extensive recent renovation that brings it to current quality standards. It features all-modern finishes, a newly installed roof, new Milgard windows, and premium Timber Tech decking. The interior is in turnkey condition with a fully updated kitchen and bathrooms, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Renovations
The property has been meticulously updated with high-end finishes, including new Milgard windows, a new roof, and premium Timber Tech decking, offering a move-in-ready experience without the need for immediate capital expenditure.
- Versatile Income Potential
The inclusion of an attached studio apartment provides exceptional flexibility, serving as a potential short-term rental for income generation, an artist's retreat, or private guest accommodations.
- Prime Coastal Positioning
Located near Moonstone Beach and Fiscalini Ranch, the home captures stunning ocean and mountain views while offering rare walkability to Cambria's most iconic nature preserves and boardwalks.
CONSRISKS & DEFICIENCIES
- Market Pricing Adjustment
The recent price reduction from $1.6M to $1.475M suggests the property was initially positioned above market expectations, which may lead to increased scrutiny during the appraisal process.
- Limited Lot Acreage
At 4,621 square feet, the lot size is relatively compact for the 'Cambria Rural' subdivision, which may limit privacy or future outdoor expansion compared to larger neighboring parcels.
About 1648 Richard
Perched atop the most southern end of Californias Big Sur, this Cambria coastal home sits on top of the world''. This meticulously renovated four-bedroom, four-bathroom sanctuary spans 2,035 square feet of thoughtfully designed living space, each corner crafted to celebrate both intimate gatherings overlooking the ocean horizon and timeless living.Upon entering, you'll discover an open floor plan where walls dissolve into seamless transitions between living, dining, and culinary spaces. The home has been updated with all modern finishes and expansive new Milgard windows that frame breathtaking ocean and mountain views.Four generously proportioned bedrooms offer tranquil retreats where family and guests alike can ensure comfort and privacy. Perhaps the home's most intriguing feature lies in its attached studio apartmenta versatile space that could serve as an artist's sanctuary, writer's retreat, income-generating rental, or accommodations for extended family visits. This thoughtful addition exemplifies the property's remarkable adaptability to various lifestyle needs.The exterior renovation showcases impeccable attention to detail, featuring stunning new Timber Tech decking that creates seamless indoor-outdoor living experiences. The newly installed roof provides peace of mind for years to come, while the flat lot offers rare privacy through carefully curated landscaping that creates intimate outdoor rooms within this coastal paradise.Location speaks volume, and this residence enjoys proximity to some of Cambria's most cherished amenities. Take a leisurely stroll to Greenspace's Strawberry Canyon, Moonstone Beach Boardwalk, or the famous Fiscilini Ranch where the ocean meets the cliffside of Cambrias most breathtaking views. A short drive to the heart of wine country in Paso Robles will leave you endless wine tasting opportunities featuring some of Californias most sought after wines.Whether you're seeking a primary residence, vacation retreat, or investment property with rental potential, this remarkable beach house delivers on multiple fronts. Its fully updated condition means you can focus on creating memories rather than managing renovations, while its timeless appeal ensures enduring value appreciation in one of California's most desirable coastal communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 4,621 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Cambria Unified Schools
Cambria Grammar
Grades K-5 • 0.6 mi
Santa Lucia Middle School
Grades 6-8 • 1.0 mi
Coast Union High School
Grades 9-12 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 87% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,035 | 1,528 | 79% |
| Lot Size | 4,621 | 5,775 | 42% |
| Price | $1.48M | $940.0K | 79% |
| Price per sq ft | $725 | $664 | 64% |
| Built year | 1986 | 1985 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 166 | 196 | 36% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,475,000
Initial Listing
Price Change
Sep 22, 2025
$1,600,000
Initial Listing
Sold
Apr 26, 2018
$729,000
Public Record
Sold
Jan 3, 2014
$391,000
Public Record
Sold
Jul 2, 2013
$131,000
Public Record