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

182 E Chestnut, Nipomo, California 93444 home-pic-0

182 E Chestnut

Nipomo, California 93444

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,706Sq Ft
28,000Lot Size

Property Price

LIST PRICE$1,235,000
EST. MARKET VALUE
$1,175,130
5% AboveMARKET VALUE

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

$1,175,130
Based on Realkey algorithm analyzing recent comparable sales in Nipomo.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,7062,146
24%
Lot Size28,0009,146.5
70%
Price$1.24M$1.18M
57%
Price per sq ft$724$524
96%
Built year20082004
57%
HOA$0$138
43%
Days on market66191
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

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