187 Amaranth, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 2 bath
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Nipomo, California 93444
This Value-Add Residential Asset is a Strong Value Opportunity, listed at $670,000—positioned well below the $720,369 Fair Market Value by 6%. This valuation gap provides $50,369 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the home features a functional single-level layout and an expansive 10,500 square foot lot with city lights views. Located in the Lucia Mar Unified School District, the property offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value in Nipomo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 187 Amaranth Subject | $670,000* List Price | 3 | 2 | 1,305 | $552 | - |
A 345 Black Hawk Way Sold | $685,000 | 3 | 2 | 1,100 | $623 | 0.6 mi |
B 325 Black Hawk Way Sold | $550,000 | 3 | 2 | 1,332 | $413 | 0.6 mi |
C 448 Grove Lane Sold | $715,000 | 3 | 2 | 1,445 | $495 | 1.0 mi |
D 885 Peregrine Pending | $750,000 List Price | 3 | 2 | 1,332 | $563 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 32 years old (built 1992) and remains in mostly original condition. The kitchen and bathrooms feature dated oak cabinetry, fluorescent light boxes, and older linoleum flooring. While functional and move-in ready, the home requires significant cosmetic updates and backyard maintenance to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 1305.
Situated in a highly sought-after Nipomo community, this property offers long-term value and a desirable neighborhood atmosphere.
The generous 10,500 square foot lot provides significant outdoor space for gardening, entertaining, or potential future expansions.
The kitchen and other interior elements are dated, requiring cosmetic updates or a full remodel to meet modern aesthetic standards.
With 1,305 square feet of living area, the interior footprint is relatively modest, which may feel constrained for those needing larger common areas.
This is a 3 bedrooms, 2 baths 1305 sq. ft. single level home seated in the highly sought/desirable community of Nipomo. the home is designed with a functional layout that flows naturally between the living, dining, and kitchen areas. The kitchen although, dated offers lots of cabinet space. The master bedroom offers a private bathroom, and two closets. The laundry area is conveniently in-house towards the garage. This house has been priced to allow for some upgrades in mind so do not missed this golden opportunity
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,305 | 2,012 | 6% |
| Lot Size | 10,500 | 9,591.5 | 59% |
| Price | $670.0K | $1.11M | 7% |
| Price per sq ft | $513 | $534 | 45% |
| Built year | 1992 | 2003 | 31% |
| HOA | $0 | $63 | 50% |
| Days on market | 38 | 131 | 7% |
Apr 29, 2026
$670,000
Initial Listing
Mar 19, 2003
$315,000
Public Record
Jul 7, 1998
$149,000
Public Record