Realkey.ai
RealKey
‪(213) 433-7766‬

165 165 Leslie Street, Los Alamos, CA 93440, Los Alamos, 93440 - 2 bed, 1 bath

165 165 Leslie Street, Los Alamos, CA 93440 home-pic-0
ACTIVE$1,200,000$792/sqft
165 165 Leslie Street, Los Alamos, CA 93440
2Beds
1Bath
792Sqft
60,112.801Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60112, living area = 792.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60112, other record lot size in square feet = 19166.

Compared to the nearby listings

Price:$1.20M vs avg $792.0K (+$408,000)86%
Size:792 sqft vs avg 1,986 sqft14%
Price/sqft:$1.5K vs avg $37886%

More Insights

Built in 1900 (126 years old).
Condition: Built in 1900, the property features an 'authentic older farmhouse' and 'older structures' that the listing explicitly states will 'likely necessitate extensive renovation, modernization, or potential demolition.' The property's primary value is noted to be in its land and development potential, not the existing dwelling. Exterior images show structures in significant disrepair, consistent with a property used as a contractor's storage yard. No interior photos are provided, strongly suggesting the interior (including kitchen and bathroom) is in an unlivable or extremely poor condition, requiring complete overhaul or demolition.
Year Built
1900
Close
-
List price
$1.2M
Original List price
-
Price/Sqft
$1,515
HOA
$0
Days on market
-
Sold On
-
MLS number
SC25232963
Home ConditionTear down
Features
Good View:
View-

About this home

Unique Los Alamos Opportunity. Looking for land with character & vintage charm in Los Alamos? This rare offering includes three adjacent legal parcels (APNs 101-141-002, 101-100-052, 101-141-003) totaling 1.38 acres, all zoned C-3. Together, they create a versatile corner property with older structures & multiple possibilities. The property features an authentic older farmhouse and a workshop barn space, along with a third open parcel, perfect for future development or expansion. The land is fenced, backs to a vineyard with stunning views, & benefits from flexible C-3 zoning that allows for a wide range of commercial uses. Currently, the property is rented as a contractor's storage yard, offering income potential while you design your special project. Whether you envision a small commercial development or even a small in-town farm for animals and crops, this property offers some fun possibilities in a rural location. Located in the popular town of Los Alamos, you're just minutes to Los Olivos, the Santa Ynez Valley wine country, Santa Maria, & the beaches of Santa Barbara's coast. A rare chance to own three parcels in one of the Central Coast's most sought-after communities. Easy to show. Don't miss this opportunity!

K
Ken Sideris
Listing Agent

Price History

Date
Event
Price
10/28/99
Sold
$100,000
05/19/17
Sold
$725,000
06/07/12
Sold
$192,000
01/06/04
Sold
$375,000
Condition Rating
Tear down
Built in 1900, the property features an 'authentic older farmhouse' and 'older structures' that the listing explicitly states will 'likely necessitate extensive renovation, modernization, or potential demolition.' The property's primary value is noted to be in its land and development potential, not the existing dwelling. Exterior images show structures in significant disrepair, consistent with a property used as a contractor's storage yard. No interior photos are provided, strongly suggesting the interior (including kitchen and bathroom) is in an unlivable or extremely poor condition, requiring complete overhaul or demolition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60112, living area = 792.
Expansive & Versatile Land: Comprises three adjacent legal parcels totaling 1.38 acres, offering substantial space for diverse applications and future expansion.
Flexible C-3 Zoning: Commercial zoning (C-3) permits a broad spectrum of commercial uses, providing significant development flexibility for various business ventures or mixed-use projects.
Immediate Income Stream: Currently generates income as a contractor's storage yard, offering financial stability during planning or development phases.
High Development & Redevelopment Potential: The large, multi-parcel lot with flexible zoning is ripe for commercial development, agricultural ventures (small farm), or significant expansion opportunities.
Prime Central Coast Location: Situated in the popular town of Los Alamos, with proximity to the Santa Ynez Valley wine country, Santa Maria, and the beaches of Santa Barbara's coast, complemented by scenic vineyard views.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60112, other record lot size in square feet = 19166.
Aged Structures Requiring Investment: The 1900-built farmhouse and workshop barn are 'older structures' that will likely necessitate extensive renovation, modernization, or potential demolition to meet contemporary standards.
Limited Existing Residential Utility: The current 792 sqft, 2-bed, 1-bath farmhouse offers minimal living space, indicating the property's primary value lies in its land and development potential rather than the existing dwelling.
Substantial Capital Expenditure Required: Buyers should anticipate significant upfront capital for development, renovation, or new construction to fully realize the property's extensive potential given its current state and age.
Browse Properties by State Browse housing market trends by state