
Cambria, California 93428
This Renovated Coastal Residence is a Strong Value Opportunity, listed at $1,490,000—positioned well below the $1,586,887 Fair Market Value by 6%. This valuation gap provides $96,887 in Instant Equity. Boasting a Condition Rating of 2, the home features Thor appliances, quartz countertops, and solar panels. With panoramic ocean views of Otter Cove and access to highly-rated schools like Santa Lucia Middle, this property balances luxury with financial upside. It is an ideal acquisition for Owner-Occupants or second-home buyers seeking a turnkey seaside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1980 Sherwood Drive Subject | $1,490,000* List Price | 2 | 2 | 1,134 | $1,399 | - |
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.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that meets the highest quality standards. The interior features high-end Thor appliances, quartz countertops, and luxury vinyl flooring, while the bathrooms have been fully upgraded with designer tile and modern fixtures. Significant infrastructure improvements, including solar panels, a new water heater, a concrete shingle roof, and Trex decking, ensure the home is in like-new condition with no deferred maintenance.
Situated in the highly sought-after Marine Terrace, this home offers breathtaking panoramic views of Otter Cove and the coastline, providing an elite seaside living experience.
The property is fully turn-key, featuring premium upgrades such as Thor appliances, quartz countertops, designer tile, Trex decking, and a durable concrete shingle roof.
Equipped with solar panels, a reverse osmosis water system, and a new water heater, the home offers significant long-term value through reduced utility costs and modernized infrastructure.
The property was recently sold within the past year on 2025-06-02. The sold price is $1,300,000.00.
With only 1,134 square feet of living space and a compact 2,000 square foot lot, the property may feel restrictive for buyers seeking larger yards or additional guest rooms.
The sellers have maintained a firm stance on the price despite a recent $90,000 increase from the original list price, which may limit negotiation flexibility for potential investors.
***SELLERS ARE FIRM ON PRICE: HOWEVER, SELLERS ARE CONSIDERING 10K CREDIT WITH STRONG OFFER.*** Fully Renovated Coastal Beauty Just Seconds from the Beach! Positioned in Cambria’s highly sought-after Marine Terrace, 1980 Sherwood Drive captures sweeping coastal views just moments from the ocean. Perched above Otter Cove, this thoughtfully renovated 2-bedroom, 2-bath home offers the perfect blend of modern comfort and effortless seaside living. Inside, you’ll find bright, open living spaces with scratch-resistant, waterproof luxury vinyl flooring designed for both style and durability. The updated kitchen features quartz countertops, all-new Thor appliances, and sleek, modern finishes, ideal for everyday living or entertaining. Both bathrooms have been fully upgraded with quartz surfaces, while the primary bath showcases designer tile for a clean, spa-inspired feel. The exterior has been equally enhanced with new landscaping, Trex decking, double-sided redwood fencing, and a durable concrete shingle roof. Additional upgrades include a reverse osmosis system, solar panels, and a new water heater, providing efficiency and peace of mind. Located near tidepools, scenic coastal trails, and Cambria’s charming village, this home offers a rare opportunity to enjoy a low-maintenance coastal lifestyle with meaningful upgrades already in place.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 1,528 | 26% |
| Lot Size | 2,000 | 5,250 | 4% |
| Price | $1.49M | $940.0K | 79% |
| Price per sq ft | $1.3K | $649 | 91% |
| Built year | 1989 | 1985 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 191 | 6% |
Apr 1, 2026
$1,490,000
$1,399,999
+6% Price Increase
Initial Listing
Feb 25, 2026
$1,399,999
Initial Listing
Jun 2, 2025
$1,300,000
Public Record
May 10, 2021
$1,050,000
Public Record
Sep 12, 2019
$830,000
Public Record