2303 Lexington, Santa Maria, CA 93458, Santa Maria, 93458 - 3 bed, 2 bath
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Santa Maria, CA 93458
This Single-Family Residence represents a Strong Value Opportunity, listed at $599,000—positioned well below the $575,847 Fair Market Value by -4%. While the property is priced slightly above market, its Fair Condition Rating is bolstered by a newer roof and bamboo flooring. Located in the gated Regency Estates, the home offers a private yard with mature fruit trees and community amenities like a pool and spa. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home in a secure, established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2303 Lexington Subject | $585,000* List Price | 3 | 2 | 1,294 | $442 | - |
A 511 Washington Circle Sold | $590,000 | 3 | 2 | 1,377 | $428 | 0.1 mi |
B 206 Riverside Court Sold | $615,000 | 3 | 2 | 1,147 | $536 | 0.3 mi |
C 2247 Lexington Avenue Sold | $580,000 | 3 | 2 | 1,294 | $448 | 0.1 mi |
D 2141 Chestnut Lane Sold | $579,500 | 2 | 2 | 1,122 | $516 | 0.4 mi |
E 2145 Chestnut Active | $575,000 List Price | 3 | 2 | 1,402 | $410 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the property is approximately 31 years old. While it features a newer roof (4 years old) and brand-new carpeting, the kitchen and bathrooms appear to be original to the home's construction with dated cabinetry and tile. It is well-maintained and move-in ready, but the age of the core systems and aesthetic qualifies it as 'Fair' due to the need for modern updates.
Located in Regency Estates, the property offers a secure gated environment with premium amenities including a pool, spa, and on-site preschool for a low monthly HOA fee.
The home features significant recent updates including a four-year-old roof, new carpeting, and bamboo flooring, providing long-term peace of mind and immediate occupancy.
The outdoor space is a standout feature with a collection of mature fruit trees including avocado, peach, and apple, offering a unique and lush retreat.
With under 1,300 square feet of living space on a modest 4,356 square foot lot, the property may feel restrictive for buyers seeking larger interior volumes or expansive yard space.
The assigned elementary and middle schools carry average ratings (4 and 5 out of 10), which may be a consideration for families prioritizing top-tier educational districts.
Welcome to 2303 Lexington Avenue -- a place where single-level comfort, natural light, and peace of mind come together in a gated community that is genuinely cared for. This home sits in Regency Estates, one of Santa Maria's most established neighborhoods, offering a lifestyle that's easy, connected, and attainable for buyers looking to put down roots or simplify their next chapter. Inside, vaulted ceilings and bamboo flooring create an open, uplifting atmosphere, while the living room's southern exposure fills the space with warmth throughout the day. A cozy fireplace anchors the room, and the kitchen welcomes bright morning light -- a simple pleasure that makes everyday living feel a little better. The layout includes three bedrooms and two full bathrooms, with a private primary suite featuring a walk-in closet. New carpet in all bedrooms adds a fresh touch, and one less thing to worry about. Add to that 'not worry' list, the new roof added within the least 4 years!! And round out this great layout with the attached two-car garage, perfectly positioned for convenient grocery unload to the smartly laid-out kitchen! The backyard is a quiet retreat with mature fruit trees -- peach, apple, avocado, banana -- plus a thriving blackberry bush. It's low-maintenance, peaceful, and ready for slow mornings, weekend gardening, or simply enjoying the feeling of having your own space. Important buyer benefits that have already been taken care of include the complete Section 1 wood clearance, and the sellers' purchase of the buyers one-year home warranty for additional peace of mind! So, for possible first-time buyers reaching out for homeownership, or downsizers seeking predictability, these steps remove major unknowns and create a smoother, more confident path to closing. Regency Estates offers gated entry, a community pool and spa, game room, rentable event space with kitchen and bathroom, and an on-site preschool. HOA dues of approx. $185/month help maintain the grounds and neighborhood standards, supporting a clean, consistent environment. Located near Preisker Park, shopping, dining, and Highway 101, this home offers an easy commute and everyday convenience. At $585,000, it stands out as one of the strongest single-level values in Santa Maria -- a home that's been cared for, thoughtfully prepared, and ready for its next chapter. If you've been waiting for a home that feels attainable, welcoming, and worry-reduced, this one deserves a visit.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 3.9 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,294 | 1,294 | 50% |
| Lot Size | 4,356 | 4,356 | 50% |
| Price | $585.0K | $599.9K | 47% |
| Price per sq ft | $452 | $446 | 59% |
| Built year | 1995 | 1996 | 47% |
| HOA | $185 | $104 | 82% |
| Days on market | 54 | 185 | 6% |
May 12, 2026
$585,000
$599,000
-2% Price Drop
Initial Listing
Apr 13, 2026
$599,000
Initial Listing
Mar 24, 2016
$260,000
Public Record
Mar 6, 2002
$185,000
Public Record
Mar 27, 1996
$130,000
Public Record