1980 Sherwood Drive, Cambria, California 93428, Cambria, 93428 - 2 bed, 2 bath
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1980 Sherwood Drive
Cambria, California 93428
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,134Sq Ft
2,000Lot Size
Property Price
LIST PRICE$1,450,000
EST. MARKET VALUE
$1,685,740
11% BelowMARKET VALUE
SUMMARY
This Turnkey Coastal Retreat is a High-Potential Investment Opportunity, listed at $1,499,999—positioned well below the $1,685,741 Fair Market Value by 11%. This valuation gap offers $185,742 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes high-end upgrades like THOR appliances, Trex decking, and panoramic ocean views. Located in the prestigious Marine Terrace near Coast Unified schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready coastal lifestyle.
Estimated Market Value
$1,685,740+$235,740 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cambria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1980 Sherwood Drive Subject | $1,450,000* List Price | 2 | 2 | 1,134 | $1,487 | - |
A 2689 Sherwood Dr Sold | $1,785,000 | 2 | 2 | 1,146 | $1,558 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last 5 years, featuring brand-new THOR appliances, quartz countertops, and designer-finished bathrooms. Major systems and exterior components are updated, including a new concrete shingle roof, solar panels, and a new water heater, making it a mint-condition, move-in ready coastal retreat.
PROSSTRENGTHS & OPPORTUNITIES
- Instant Equity
Priced at $1,499,999 despite a recent appraisal of $1,615,000, this property offers buyers over $115,000 in immediate value upon purchase.
- Prime Coastal Location
Located in the highly desirable Marine Terrace, the home offers panoramic ocean views and immediate access to Otter Cove and scenic coastal trails.
- Turnkey Renovations
The property features high-end upgrades including Thor appliances, quartz countertops, solar panels, and Trex decking, providing a completely move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At 1,134 square feet with only two bedrooms, the interior space may be restrictive for growing families or those needing additional guest rooms.
- Limited Lot Size
The 2,000 square foot lot is relatively small, which may limit outdoor privacy and restricts the potential for future structural expansions.
About 1980 Sherwood Drive
*** SELLER FINANCING AVAILABLE**** ****SELLERS ARE CONSIDERING OFFERS BETWEEN $1,389,999 TO $1,450,000 AND GIVING $10000 WITH ACCEPTED OFFER TO PUT TOWARDS CLOSING COSTS OR BUYDOWN*** INSTANT EQUITY BY THE COAST! Recently appraised at $1,615,000, this beautifully renovated beach house offers an incredible opportunity to step into immediate value. Located in Cambria’s HIGHLY DESIRABLE Marine Terrace, 1980 Sherwood Drive offers OCEAN VIEWS just moments from Otter Cove, coastal trails, and tidepools. This FULLY RENOVATED 2 bed, 2 bath coastal retreat has been upgraded inside and out, making it completely MOVE-IN READY. Features include brand-new THOR appliances, quartz countertops throughout, fully renovated bathrooms with designer finishes, and scratch-resistant, waterproof luxury vinyl flooring. The exterior has also been extensively upgraded with Trex decking, double-sided redwood fencing, fresh landscaping, a durable concrete shingle roof, solar panels, reverse osmosis system, and a new water heater, creating a truly move-in ready coastal retreat with both style, functionality and equity.... What more could you ask for?!?!?!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 2,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Cambria Unified Schools
Cambria Grammar
Grades K-5 • 1.5 mi
4/10
Santa Lucia Middle School
Grades 6-8 • 1.5 mi
8/10
Coast Union High School
Grades 9-12 • 4.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,134 | 1,745.026 |
| Lot Size | 2,000 | 5,271.538 |
| Price | $1.45M | $1.14M |
| Price per sq ft | $1.3K | $720 |
| Built year | 1989 | 1982 |
| HOA | $0 | $0 |
| Days on market | 29 | 56 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,450,000
$1,499,999
-3% Price Drop
Initial Listing
Price Change
Aug 11, 2026
$1,499,999
Initial Listing
Sold
Jun 2, 2025
$1,300,000
Public Record
Sold
May 10, 2021
$1,050,000
Public Record
Sold
Sep 12, 2019
$830,000
Public Record