182 E Chestnut, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 3 bath

182 E Chestnut
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 182 E Chestnut, Nipomo, California 93444 reveals a property with a current list price of $1,235,000, which is 5% above the estimated $1,175,130 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 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
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 2008, the property has undergone extensive recent renovations that bring it up to modern standards. The interior features a fully updated kitchen with a farmhouse sink and modern fixtures, refreshed bathrooms including a sunken tub, and updated flooring throughout. With a repainted interior and newer water heater, the home shows no signs of deferred maintenance and meets the criteria for a recently renovated, high-quality residence.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 28000, living area = 1706.
- Expansive Double Lot
The property includes two legal parcels totaling over 0.64 acres, featuring 22 fruit trees, a greenhouse, and a chicken coop, offering rare privacy and agricultural potential in a residential setting.
- Modernized Single-Level Living
Built in 2008 and recently remodeled, this home features a contemporary farmhouse kitchen, updated flooring, and refreshed bathrooms, providing a move-in-ready experience with high-end finishes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28000, other record lot size in square feet = 21000.
- Price-to-Size Ratio
With 1,706 square feet of living space at a $1.235M price point, the home may feel small to buyers who prioritize interior volume over land size and outdoor amenities.
- Market Sensitivity
A recent price reduction from the original $1.295M listing suggests the property may have initially been overvalued for the local market, potentially leading to increased days on market.
About 182 E Chestnut
Two legal parcels create a rare opportunity—enjoy the space now while retaining the option to sell the additional lot later for potential financial benefit. Luxury custom home with mountain views set on an expansive double lot. This beautifully remodeled single-level residence offers 3 bedrooms and 3 bathrooms and sits on a .48-acre legal parcel plus an additional adjoining .16-acre lot with its own APN included in the sale—providing exceptional space, and flexibility. The updated kitchen features a farmhouse sink, generous cabinetry, updated fixtures, and large windows overlooking the property. Updated flooring and refreshed finishes flow throughout, complemented by a repainted interior. Guest and hall bathrooms are tastefully updated, including a hall bath with a relaxing sunken tub. The thoughtfully designed floor plan includes a private primary suite, spacious living room with picture window, and a bonus office or flex room with a separate entrance. Outdoor living features multiple decks and a fully fenced yard ideal for pets and gardening, complete with fruit trees, raised beds, greenhouse, chicken coop, and rainwater collection system. Additional highlights include a tile roof, newer water heater, separate laundry room, abundant storage, two-car garage, RV pad, and ample parking. A rare property combining comfort, usable land, and future investment potential in a desirable setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 28,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,706 | 2,146 | 24% |
| Lot Size | 28,000 | 9,146.5 | 70% |
| Price | $1.24M | $1.18M | 57% |
| Price per sq ft | $724 | $524 | 96% |
| Built year | 2008 | 2004 | 57% |
| HOA | $0 | $138 | 43% |
| Days on market | 66 | 191 | 14% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,235,000
Initial Listing
Price Change
Dec 31, 2025
$1,295,000
Initial Listing
Sold
Jan 11, 2019
$535,000
Public Record
Sold
Feb 23, 2016
$117,500
Public Record























































