1985 Olive Drive, Santa Maria, CA 93454, Santa Maria, 93454 - 3 bed, 3 bath
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Santa Maria, CA 93454
This Single-Level Residential Property represents a Strong Value Opportunity, listed at $795,000—positioned slightly above the $754,859 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant upside through cosmetic modernization of its original 1980s interiors. Key features include a 3-car garage, RV parking, and a spacious 9,148 sqft lot. This versatile layout, featuring a flexible family room, provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity in a prime Southeast Santa Maria neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1985 Olive Drive Subject | $795,000* List Price | 3 | 3 | 1,671 | $452 | - |
A 1865 Sequoia Pending | $825,000 List Price | 4 | 3 | 2,013 | $410 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property is well-maintained and features new carpet, but remains largely in its original state. The kitchen and bathrooms are dated, featuring 1980s-style oak cabinetry, tile countertops, and fluorescent light boxes. While functional and move-in ready, the home requires cosmetic updates and popcorn ceiling removal 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 = 9148, living area = 1671.
The property features a rare three-car garage and dedicated RV parking with custom secure gates, providing exceptional utility for homeowners with multiple vehicles or outdoor recreational equipment.
This single-story home offers a functional floor plan with vaulted ceilings and a flexible family room that can easily be converted into a fourth bedroom or a private home office.
Despite new carpeting, the 1983 construction and original kitchen/bath descriptions suggest that the property may require further cosmetic updates to meet modern luxury standards.
With 1,671 square feet of living space, the home is relatively modest in size for its price point, which may be a consideration for buyers seeking more interior volume.
This beautiful Single-Level, 3-bedroom, 2.5-bath home is located in a highly desired Southeast neighborhood. The nice curb appeal will get your attention, but this home has plenty more to offer. The entry is warm and open with vaulted ceilings and a wood-burning fireplace in the living room. New carpet has been placed in the bedrooms and living room for a fresh look and feel. The kitchen is spacious with plenty of cabinet and counter space. The kitchen also has a view of the patio area where hummingbirds come to visit. There is a breakfast table area in the kitchen and a separate formal dining area for large Family gatherings. The Family room can be used as a TV room, office or possibly turned into a 4th bedroom. The indoor laundry room and 1/2 bath are located near the garage entry door. The spacious primary bedroom features vaulted ceilings, a large walk-in closet, patio access, and a large primary bathroom with dual sinks. The private driveway has custom built gates that lead to the 3-car garage and RV parking. There is plenty of room for toys behind a secure gates. The covered patio is peaceful and accessible from the Family room and primary bedroom. Centrally located with easy access to all of Santa Maria, Orcutt, wineries, shopping, hiking trails and only 20 minutes to the beach!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,671 | - |
| Lot Size | 9,148 | - |
| Price | $795.0K | $701.6K |
| Price per sq ft | $476 | $430 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 51 |
Jun 19, 2026
$795,000
Initial Listing
Feb 18, 2009
$250,000
Public Record