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

2228 Cordoban Lane
Santa Maria, CA 93455
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2228 Cordoban Lane Subject | $635,000* List Price | 3 | 3 | 2,204 | $300 | - |
A 207 Gilea Court Sold | $640,000 | 4 | 3 | 2,204 | $290 | 0.2 mi |
B 308 E Alcazar Drive Sold | $615,000 | 3 | 3 | 1,874 | $328 | 0.2 mi |
C 2226 Nightshade Lane Sold | $620,000 | 3 | 3 | 2,204 | $281 | 0.1 mi |
D 721 La Gracia Sold | $805,000 | 4 | 3 | 2,167 | $371 | 0.5 mi |
E 217 Gilea Court Pending | $624,900 List Price | 3 | 3 | 1,874 | $333 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Jimenez, Roberto And Dr. Francisco Elementary School
Grades K-6 • 1.3 mi
Fesler (Isaac) Junior High School
Grades 7-8 • 2.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,204 | 1,923.5 | 62% |
| Lot Size | 3,485 | 8,276 | 11% |
| Price | $635.0K | $774.0K | 13% |
| Price per sq ft | $288 | $414 | 9% |
| Built year | 2005 | 1983 | 83% |
| HOA | $150 | $0 | 95% |
| Days on market | 16 | 190 | 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













































