
Santa Maria, CA 93455
This Newly Constructed Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well above the $1,153,228 Fair Market Value by -8%. Featuring a Mint Condition Rating, the property includes a 1,720 sq. ft. main residence and a brand-new 745 sq. ft. ADU, totaling 7 bedrooms. Located in the desirable Orcutt School District with no HOA, this asset offers significant rental income potential or flexible living arrangements. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking modern, turnkey space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Siler Lane Subject | $1,250,000* List Price | 7 | 4 | 2,465 | $468 | - |
A 517 Clubhouse Active | $1,250,000 List Price | 5 | 3 | 2,876 | $435 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 2026 new construction and extensive remodel in mint condition. It features a modern kitchen with new stainless steel appliances, quartz countertops, and shaker cabinets, along with updated systems, recessed lighting, and a brand-new detached ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2465.
The inclusion of a brand-new, detached 3-bedroom ADU offers exceptional versatility for multi-generational living or significant rental income to offset the mortgage.
The main residence has been transformed from a small cottage into a 1,720 sq. ft. modern home with an open-concept layout, recessed lighting, and a luxurious primary suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2465, other record living area = 738. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 2.
The listing notes that landscaping is yet to be completed, which may present an immediate project and additional cost for the buyer to establish curb appeal.
Fitting 7 bedrooms into a combined 2,465 square feet suggests that individual room sizes, particularly in the 745 sq. ft. ADU, may be quite compact.
Welcome to this beautifully remodeled and newly constructed property, situated on a .28-acre lot along a private road in Orcutt with no HOA or CC&Rs. Opportunities like this don’t come along often. Located within the desirable Orcutt School District and conveniently close to shopping, dining, and commuter access. The main residence was originally approximately 738 sq. ft. and has been expanded and extensively remodeled to approximately 1,720 sq. ft. The original portion of the home sits on a raised foundation, while the newly constructed addition is built on a slab foundation. The home now offers 4 bedrooms, 2 bathrooms, a dedicated laundry area, and a 2-car garage, along with an inviting open-concept layout and fresh, modern finishes throughout. Additional features include recessed lighting throughout, generously sized bedrooms, and a spacious primary suite featuring an oversized walk-in closet and a large private bathroom with a soaking tub and separate walk-in shower. The property also features a brand-new detached 745 sq. ft. ADU offering an additional 3 bedrooms, 2 bathrooms, and its own laundry area. The ADU provides excellent flexibility for extended family, guests, rental income, or multi-generational living. Altogether, the property offers approximately 2,465 sq. ft. of combined living space with 7 bedrooms and 4 bathrooms, combining the character of an extensively remodeled and expanded main residence with the benefits of brand-new construction. Don’t miss this rare opportunity—schedule your private tour today. Professional photos coming soon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,465 | 1,879.563 |
| Lot Size | 12,197 | 7,495.402 |
| Price | $1.25M | $747.3K |
| Price per sq ft | $507 | $433 |
| Built year | 2026 | 1982 |
| HOA | $0 | $170 |
| Days on market | 14 | 56 |
Aug 26, 2026
$1,250,000
Initial Listing
Dec 30, 2021
$430,500
Public Record