1980 Sherwood Drive, Cambria, California 93428, Cambria, 93428 - 2 bed, 2 bath

1980 Sherwood Drive, Cambria, California 93428 home-pic-0

1980 Sherwood Drive

Cambria, California 93428

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,134Sq Ft
2,000Lot Size

Property Price

LIST PRICE$1,399,999
EST. MARKET VALUE
$1,612,491
13% BelowMARKET VALUE

SUMMARY

Analysis of 1980 Sherwood Drive, Cambria, California 93428 reveals a Prime Investment Opportunity with a current list price of $1,399,999—significantly undercutting the $1,612,491 Fair Market Value by 13%. This valuation gap indicates a +$212,492 Instant Equity potential for buyers. 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 Cambria 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

$1,612,491 +$212,492 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cambria.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1980 Sherwood Drive
Subject
$1,399,999*
List Price
221,134$1,422-
A
2689 Sherwood Dr
Sold
$1,785,000221,146$1,5580.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone a comprehensive recent renovation, featuring a modern kitchen with high-end Thor appliances and Quartz countertops, fully upgraded bathrooms with designer tile, and new luxury vinyl flooring throughout. Significant infrastructure updates, including a new concrete shingle roof, solar panels, Trex decking, and a new water heater, align the home with the highest quality standards and eliminate deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Coastal Location

    Situated in the highly sought-after Marine Terrace just steps from Otter Cove, the property offers breathtaking panoramic ocean views and immediate access to tidepools and coastal trails.

  • Turnkey Modern Renovations

    The home has been fully renovated with high-end finishes, including a chef's kitchen with Thor appliances, Quartz countertops, and luxury waterproof vinyl flooring throughout.

  • Energy Efficiency & Infrastructure

    Significant value-add upgrades include solar panels, a reverse osmosis system, and a durable concrete shingle roof, providing long-term sustainability and reduced utility costs.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-06-02. The sold price is $1,300,000.00.

  • Limited Square Footage

    At 1,134 square feet with only two bedrooms, the home's compact footprint may limit its appeal to larger families or buyers requiring more interior space.

  • Auction Pricing Uncertainty

    The listing is positioned as a live auction with a starting bid of $1,399,999, which may create price transparency challenges for buyers accustomed to traditional fixed-price listings.

About 1980 Sherwood Drive

LUXURY LIVE AUCTION! BIDDING TO START FROM $1,399,999. Traditional non-distressed property: cash or financing OK, and seller will entertain offers prior to auction. FULLY RENOVATED COASTAL BEAUTY JUST SECONDS FROM THE BEACH!!! Just moments from the ocean in Cambria’s sought-after Marine Terrace, 1980 Sherwood Drive offers panoramic coastal views and a thoughtfully renovated. Perched above Otter Cove, this 2-bedroom, 2-bath home features open, light-filled living spaces with scratch-resistant, waterproof luxury vinyl flooring. The newly updated kitchen includes Quartz countertops, all-new Thor appliances, and modern finishes. Both bathrooms are fully upgraded with Quartz surfaces, and the master bath has designer tile in the shower made for a clean, spa-inspired feel. Exterior improvements include new landscaping, Trex decking, double-faced Redwood fencing, and a durable concrete shingle roof. Additional upgrades RO system, Solar panels, and a new water heater, enhance year-round comfort and efficiency. Located near tidepools, coastal trails, and Cambria’s village amenities, this property combines ocean views, quality updates, and a low-maintenance coastal lifestyle.

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
45%
Baths2.02.0
50%
Square foot1,1341,516
26%
Lot Size2,0005,775
4%
Price$1.40M$940.0K
75%
Price per sq ft$1.2K$664
91%
Built year19891985
75%
HOA$0$0
50%
Days on market10196
2%

Pricing History

Listed for Sale

Feb 25, 2026

$1,399,999

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

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