2228 Cordoban Lane, Santa Maria, CA 93455, Santa Maria, 93455 - 3 bed, 3 bath

2228 Cordoban Lane, Santa Maria, CA 93455 home-pic-0

2228 Cordoban Lane

Santa Maria, CA 93455

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,204Sq Ft
3,485Lot Size

Property Price

LIST PRICE$635,000
EST. MARKET VALUE
$661,618
4% BelowMARKET VALUE

SUMMARY

Analysis of 2228 Cordoban Lane, Santa Maria, CA 93455 reveals a Prime Investment Opportunity with a current list price of $635,000—significantly undercutting the $661,618 Fair Market Value by 4%. This valuation gap indicates a +$26,618 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Maria 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

$661,618 +$26,618 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2228 Cordoban Lane
Subject
$635,000*
List Price
332,204$300-
A
207 Gilea Court
Sold
$640,000432,204$2900.2 mi
B
308 E Alcazar Drive
Sold
$615,000331,874$3280.2 mi
C
2226 Nightshade Lane
Sold
$620,000332,204$2810.1 mi
D
721 La Gracia
Sold
$805,000432,167$3710.5 mi
E
217 Gilea Court
Pending
$624,900
List Price
331,874$3330.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2005, this property falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready and well-maintained with functional systems, including a newly installed water heater. While the oak cabinetry and tile countertops in the kitchen and bathrooms are original to the home and may be considered dated, the inclusion of stainless steel appliances and the overall clean condition of the interior indicate a home that has been cared for without requiring immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Floor Plan

    This spacious 2,200 sqft end-unit features a flexible fourth room and an upstairs laundry, providing a highly functional layout that easily accommodates a home office, den, or additional bedroom.

  • Gated Community Amenities

    Situated in the secure Arbor Walk gated community, the property offers excellent value with a low $150 HOA fee that includes access to a park, greenbelt, and basketball court.

  • Primary Suite Retreat

    The generous primary suite serves as a true sanctuary, featuring a private balcony for outdoor relaxation, a large walk-in closet, and a bathroom with a separate soaking tub and shower.

CONSRISKS & DEFICIENCIES

  • Dated Interior Finishes

    The kitchen's oak-colored cabinetry and tile countertops may be perceived as dated by modern buyers, potentially requiring future investment to align with contemporary design trends.

  • Lower School Ratings

    The assigned public schools for this address currently hold lower performance ratings, which may be a consideration for families prioritizing academic rankings or long-term resale value.

About 2228 Cordoban Lane

Welcome to this desirable modern home built in 2005 in the gated Arbor Walk Community, offering approximately 2,200 square feet of comfortable living space. This spacious end-unit residence features 3 bedrooms, 2.5 bathrooms, plus a versatile fourth room that can easily serve as a 4th bedroom, home office, or den. The main level showcases a welcoming living room and the family room with a cozy gas fireplace, seamlessly flowing into the dining area making it perfect for both everyday living and entertaining. A convenient downstairs powder room located downstairs is ideal for guests. 2 car garage where you will find the newly installed water heater. The kitchen features oak-colored cabinetry, tile countertops, recessed lighting, tile flooring, and a breakfast bar. It is equipped with a stainless steel dishwasher and oven. A sliding glass door from the dining area opens to the private side yard, creating a great indoor-outdoor connection. The yard is enclosed by a block wall, offering both comfort and privacy. Upstairs, you'll find all bedrooms conveniently located along with the laundry room. A built-in desk area in the hallway provides the perfect space for studying or working from home. The hall bathroom features a dual sink vanity and tile flooring for added convenience. The generously sized primary suite offers a private balcony overlooking the side yard making it ideal for morning coffee or evening relaxation and a walk-in closet with ample storage. The primary bathroom includes a dual sink vanity, and a separate tub and shower. This home is part of an HOA community that includes a park area, greenbelt, and basketball court. Centrally located, Arbor Walk provides convenient access to grocery stores, restaurants, banks, and other shopping, making this home an excellent opportunity for comfortable living. Information deemed reliable but not verified or guaranteed by the Broker.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2005
Lot Size
3,485 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$150 / Month

Neighborhood Insights

Santa Maria Unified Schools

Battles (Washington) Elementary School

Grades K-6 • 0.9 mi

3/10

Jimenez, Roberto And Dr. Francisco Elementary School

Grades K-6 • 1.3 mi

4/10

Fesler (Isaac) Junior High School

Grades 7-8 • 2.7 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
55%
Square foot2,2041,923.5
62%
Lot Size3,4858,276
11%
Price$635.0K$774.0K
13%
Price per sq ft$288$414
9%
Built year20051983
83%
HOA$150$0
95%
Days on market16190
1%

Pricing History

Listed for Sale

Feb 19, 2026

$635,000

Initial Listing

Sold

Feb 28, 2023

$550,000

Public Record

Sold

Oct 5, 2018

$390,000

Public Record

Sold

Aug 7, 2014

$315,000

Public Record

Sold

Dec 18, 2013

$258,500

Public Record

Sold

Dec 29, 2005

$478,000

Public Record

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