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
152,024.406Lot
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 = 152024, living area = 1900.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =152024, other record lot size in square feet = 64904.
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, built in 1967, is described as 'impeccably maintained' with 'newer windows,' suggesting regular upkeep. However, the images reveal significantly outdated kitchen and bathroom styles, including original-looking wood cabinets, dated countertops, linoleum flooring, and older fixtures. While functional and clean, these key areas show clear signs of being aged and would require substantial cosmetic updates to meet current standards. The overall condition is not 'poor' as there are no apparent structural or safety defects, but it is far from 'good' due to the lack of recent major renovations in critical areas.
Year Built
1967
Close
-
List price
$2.85M
Original List price
-
Price/Sqft
$1,500
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-32702
Home ConditionFair
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.
L
Laura Drammer
Listing Agent
Condition Rating
Fair
The property, built in 1967, is described as 'impeccably maintained' with 'newer windows,' suggesting regular upkeep. However, the images reveal significantly outdated kitchen and bathroom styles, including original-looking wood cabinets, dated countertops, linoleum flooring, and older fixtures. While functional and clean, these key areas show clear signs of being aged and would require substantial cosmetic updates to meet current standards. The overall condition is not 'poor' as there are no apparent structural or safety defects, but it is far from 'good' due to the lack of recent major renovations in critical areas.
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 = 152024, living area = 1900.
Prime Location & Lifestyle: Situated in the heart of Los Olivos, a town celebrated for its wine tasting, gourmet dining, and hospitality, offering the unique blend of downtown convenience and rural tranquility.
Extensive Land & Development Potential: Comprised of three separate legal lots totaling 3.49+/- acres, providing significant opportunities for future expansion, additional development, or investment.
Desirable School District: Located within the highly-regarded Los Olivos School District, a strong selling point for families seeking quality education.
Mountain Views & Outdoor Living: The residence features a back porch perfectly positioned to capture mountain views, surrounded by usable land, enhancing the property's outdoor appeal and quality of life.
Well-Maintained Residence with Upgrades: The 1967 residence is described as 'impeccably maintained' and includes newer windows, reducing immediate renovation concerns for an older home.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =152024, other record lot size in square feet = 64904.
Age of Residence & Potential System Updates: Built in 1967, while maintained, the core systems (e.g., plumbing, electrical, HVAC) may be original or dated, potentially requiring future investment beyond the noted 'newer windows'.
Modest Residence Size Relative to Land Value: The 1,900 sqft residence might be considered modest for a 3.49-acre property at this price point, suggesting the primary value is in the land and location, which may not appeal to all buyers seeking a larger luxury home.
Significant Investment for Full Potential Realization: While offering extensive development potential across three parcels, realizing these 'future possibilities' will require substantial additional capital investment and navigating complex planning and building processes.