2465 Grand Avenue, LOS OLIVOS, CA 93441, LOS OLIVOS, 93441 - 4 bed, 2 bath
2465 Grand Avenue
LOS OLIVOS, CA 93441
Property Price
SUMMARY
Analysis of 2465 Grand Avenue, LOS OLIVOS, CA 93441 is currently available with a list price of $2,850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the LOS OLIVOS 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is exceptionally well-maintained but remains largely in its original 1967 condition. While the listing notes newer windows and the home appears move-in ready, the interior features significant dated elements including popcorn ceilings, original wood cabinetry in the kitchen and laundry, and vintage bathroom fixtures and linoleum flooring. It meets the 'fair' criteria as a well-kept home that is functional but shows clear signs of being outdated and requires modernization.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
- Development Potential
The property consists of three separate legal lots totaling 3.49± acres, offering a rare and significant opportunity for development, expansion, or investment in a high-demand area.
- Prime Location
Situated in the heart of Los Olivos, the property provides immediate access to world-class wine tasting, gourmet dining, and the prestigious Los Olivos School District.
CONSRISKS & DEFICIENCIES
- Dated Residential Structure
Built in 1967, the home’s architecture and 1,900 sqft footprint may feel modest or dated for buyers seeking a modern luxury estate at this price point.
- High Entry Price for Improvements
The $2.85M list price reflects the land's development value, meaning buyers may find the existing home's value disproportionately low compared to the total investment.
- Maintenance Requirements
Managing 3.49 acres across three parcels, including an orchard, requires significant ongoing labor and financial commitment for landscaping and land management.
About 2465 Grand Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,900 | 2,097 | 44% |
| Lot Size | - | 22,651.199 | 11% |
| Price | $2.85M | $1.45M | 78% |
| Price per sq ft | $1.5K | $795 | 89% |
| Built year | 1967 | 1977 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 154 | 345 | 33% |
Pricing History
Listed for Sale
Oct 4, 2025
$2,850,000
Initial Listing