2465 Grand Avenue, LOS OLIVOS, CA 93441, LOS OLIVOS, 93441 - 4 bed, 2 bath
ACTIVE$2,850,000$1,900/sqft
2465 Grand Avenue, LOS OLIVOS, CA 93441
4Beds
2Baths
1,900Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 64904, living area = 1900.
Top Cons:
Original Construction Age: The primary residence was built in 1967, and while maintained, may require significant modernization of interior finishes and potentially core systems to meet contemporary luxury standards.
Compared to the nearby listings
Price:$2.85M vs avg $1.96M (+$895,000)67%
Size:1,900 sqft vs avg 1,900 sqft50%
Price/sqft:$1.5K vs avg $79567%
More Insights
Built in 1967 (59 years old).
Condition: The property was built in 1967, making it 57 years old. While the description notes 'impeccably maintained' and 'newer windows,' the interior images, particularly the kitchen and bathrooms, show significantly outdated styles and components. The kitchen features original-style wood cabinetry, dated laminate countertops, and older appliances (built-in oven/cooktop combo). The bathrooms also have original wood vanities, dated countertops, older fixtures, and dated flooring/tiling. Flooring throughout includes older hardwood, dated carpet, and linoleum. Light fixtures are generally basic and dated. While the structure appears sound and the property is clean, the interior finishes require substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' category's criteria for properties built over 30 years ago with renovations 30-50 years ago, or requiring substantial repairs/rehabilitation of major components (aesthetic/functional).
Year Built
1967
Close
-
List price
$2.85M
Original List price
-
Price/Sqft
$1,500
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3690
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Three separate legal lots totaling 3.49± acres create a rare opportunity in the heart of Los Olivos, a town celebrated for its wine tasting, gourmet dining, and renowned hospitality. The premier upper parcel of approximately 1.49± acres features an impeccably maintained 1,900± sqft residence built in 1967 with four bedrooms and two bathrooms, newer windows, and a double-sided fireplace that connects the living room and family room. The family room opens to a back porch that is perfectly positioned to capture mountain views and is surrounded by usable land for future possibilities. Two additional parcels, each about one acre, extend the property's potential, with the lower parcel featuring an orchard along Grand Avenue. Located in the desirable Los Olivos School District, this property offers both the convenience of a downtown address and the tranquility of a rural setting.
C
Cammy Pinoli
Listing Agent
Condition Rating
Poor
The property was built in 1967, making it 57 years old. While the description notes 'impeccably maintained' and 'newer windows,' the interior images, particularly the kitchen and bathrooms, show significantly outdated styles and components. The kitchen features original-style wood cabinetry, dated laminate countertops, and older appliances (built-in oven/cooktop combo). The bathrooms also have original wood vanities, dated countertops, older fixtures, and dated flooring/tiling. Flooring throughout includes older hardwood, dated carpet, and linoleum. Light fixtures are generally basic and dated. While the structure appears sound and the property is clean, the interior finishes require substantial rehabilitation and modernization to meet current standards, aligning with the 'poor' category's criteria for properties built over 30 years ago with renovations 30-50 years ago, or requiring substantial repairs/rehabilitation of major components (aesthetic/functional).
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 64904, living area = 1900.
Prime Los Olivos Location: Situated in the heart of Los Olivos, offering access to renowned wine tasting, gourmet dining, and a desirable blend of downtown convenience and rural tranquility.
Expansive Multi-Parcel Land: Comprises three separate legal lots totaling 3.49± acres, providing significant space, privacy, and substantial future development or expansion potential.
Desirable School District: Located within the highly-regarded Los Olivos School District, a strong draw for families.
Well-Maintained Residence with Features: The 1967 residence is 'impeccably maintained' with recent upgrades like 'newer windows' and features a charming double-sided fireplace and mountain views.
Income & Aesthetic Value: Includes an orchard on one of the parcels along Grand Avenue, offering potential for agricultural income or enhanced aesthetic appeal.
Cons
Original Construction Age: The primary residence was built in 1967, and while maintained, may require significant modernization of interior finishes and potentially core systems to meet contemporary luxury standards.
Modest Home Size for Acreage: The 1,900 sqft residence, while functional, is relatively modest in size compared to the expansive 3.49-acre estate, potentially leading buyers to consider future expansion or new construction.
Investment for Full Potential: Realizing the full potential of the three separate lots (e.g., subdivision, additional dwellings, extensive landscaping) would require significant further investment and planning.