250 Via Promesa, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 2 bath
250 Via Promesa
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 250 Via Promesa, Nipomo, California 93444 reveals a Prime Investment Opportunity with a current list price of $1,049,000—significantly undercutting the $1,141,688 Fair Market Value by 8%. This valuation gap indicates a +$92,688 Instant Equity potential for buyers. 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 Nipomo 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 Via Promesa Subject | $1,049,000* List Price | 3 | 2 | 1,802 | $634 | - |
A 355 Via Vicente Sold | $1,196,000 | 3 | 2 | 1,814 | $659 | 0.2 mi |
B 181 Eucalyptus Road Sold | $1,045,763 | 3 | 2 | 1,851 | $565 | 0.1 mi |
C 1687 La Mirada Drive Sold | $890,000 | 4 | 2 | 1,461 | $609 | 0.5 mi |
D 1431 La Loma Active Under Contract | $1,095,000 List Price | 3 | 2 | 1,616 | $678 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1986, this home is well-maintained and move-in ready but retains much of its original character and dated finishes. The kitchen and bathrooms, while functional and clean, feature older cabinetry and tile countertops typical of the era rather than modern renovations. It fits the 'fair' criteria as a property over 20 years old that has been maintained through regular upkeep but lacks significant recent updates to major aesthetic and functional components.
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 = 48352, living area = 1802.
- Expansive Usable Acreage
The property features 1.11 acres of flat, usable land that is horse-friendly, offering rare versatility for ranch-style living and significant outdoor potential.
- Specialized Greenhouse Facility
A professional-grade 446-square-foot greenhouse equipped with water and electricity provides a unique and valuable asset for gardening enthusiasts or hobby farmers.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1986, the home may require cosmetic updates or modernization of major systems to meet the expectations of contemporary buyers at this price point.
- Lack of Scenic Views
Despite the large lot and rural atmosphere, the property lacks specific scenic or panoramic views, which can be a competitive disadvantage in the Nipomo market.
About 250 Via Promesa
Country Ranch Living on 1.11 Acres - Single-Story Home with Loft in Nipomo!! __Enjoy the freedom and charm of country living on 1.11 usable acres in this inviting single-story home with a spacious loft, tucked away on a peaceful cul-de-sac in a wonderful Nipomo neighborhood. __With no through traffic, the setting feels private and serene—your own quiet retreat. Inside, the home is filled with natural light thanks to an abundance of windows that frame views of your land and invite the outdoors in. Whether you’re enjoying your morning coffee or winding down at sunset, you’ll love looking out over your own property. __At the rear of the acreage sits an impressive.... 446-square-foot greenhouse....complete with electricity and water. It’s ideal for gardening enthusiasts, hobby farmers, or anyone ready to grow their own produce and plants year-round. With horses allowed and room to roam, this property offers the perfect blend of comfort, versatility, and true ranch-style living. Bring your animals, your green thumb, and your vision—there’s space here to make it all a reality.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 48,352 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,802 | 2,146 | 35% |
| Lot Size | 48,352 | 9,146.5 | 86% |
| Price | $1.05M | $1.18M | 38% |
| Price per sq ft | $582 | $524 | 68% |
| Built year | 1986 | 2003 | 16% |
| HOA | $0 | $138 | 43% |
| Days on market | 10 | 191 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,049,000
Initial Listing
Sold
Apr 18, 2008
$595,000
Public Record