1960 S Mcclelland, Santa Maria, CA 93454, Santa Maria, 93454 - 2 bed, 2 bath
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Santa Maria, CA 93454
This Condominium represents a Strong Value Opportunity, listed at $369,900—positioned well below the $390,219 Fair Market Value by 5%. This valuation gap offers $20,319 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit includes recent mechanical updates and dual outdoor spaces, including a private balcony and front patio. While the interior retains some dated finishes, the inclusive HOA and community pool provide a low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1960 S Mcclelland Subject | $359,900* List Price | 2 | 2 | 1,027 | $334 | - |
A 321 Inger K94 Sold | $379,000 | 2 | 2 | 960 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained but dated. While it features brand new carpet and a recently replaced breaker box, the kitchen and bathrooms retain older cabinetry and finishes that exceed the 20-year threshold for modern updates.
The home features brand new carpeting, a restored tub/shower, and critical mechanical updates like a new breaker box and water pressure regulator, offering buyers immediate move-in readiness and peace of mind.
Rare for a condo, this unit provides dual private outdoor spaces including a welcoming front patio and a large open-air balcony off the primary bedroom, significantly extending the functional living area.
The association fee covers essential utilities like water and trash alongside community amenities such as a pool and grounds maintenance, providing a low-maintenance lifestyle and simplified monthly budgeting.
The $535 monthly HOA fee is a significant recurring expense that may deter budget-conscious buyers or impact financing qualifications compared to similar properties with lower fees.
With 49 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, suggesting a potential disconnect between the asking price and current buyer demand.
Discover comfortable living and excellent potential in the desirable Coral Tree Villas II community. This charming 2-bedroom, 1.5-bathroom condo offers 1,027 square feet of well-designed, inviting space. The bright, open floor plan flows from a welcoming front patio into a spacious living room and dining area, complete with an adjoining kitchen offering ample cabinetry and counter space — all complemented by brand new carpet throughout. The private primary bedroom opens to a large, open-air balcony perfect for relaxing, with additional highlights including a half bath on the main level and a beautifully restored tub/shower upstairs. Recent updates also include a replaced breaker box and new water pressure regulator, giving buyers added peace of mind. Residents also enjoy excellent community amenities, including a refreshing pool and well-maintained grounds, all situated close to local shopping and dining. Plus the HOA covers Water and Trash!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,027 | - |
| Lot Size | 1,056 | - |
| Price | $359.9K | $496.5K |
| Price per sq ft | $350 | $389 |
| Built year | 1977 | 0 |
| HOA | $535 | $0 |
| Days on market | 78 | 95 |
Jul 15, 2026
$359,900
$369,900
-3% Price Drop
Initial Listing
Jun 6, 2026
$369,900
$379,900
-3% Price Drop
Initial Listing
May 5, 2026
$379,900
Initial Listing
Jan 22, 2020
$225,000
Public Record
May 16, 2016
$173,000
Public Record