
Santa Maria, CA 93455
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $575,740 Fair Market Value by 4%. This valuation gap offers $25,740 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full renovation, yet the 10,454 sqft lot provides significant ADU potential. Located near Patterson Elementary, this is a value-add asset ideal for Fix-and-Flip Investors or Contractors ready to unlock its potential.
Property is extensive renovation needed.
Built in 1959 and offered by the original owner, this property requires a full rehab. The interior features dated 1950s bathrooms, stained carpets, and non-standard owner modifications like a repurposed sliding door skylight. The exterior outbuildings are dilapidated, and the listing explicitly targets flippers and contractors for a substantial renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1678.
The property sits on a generous lot of over a quarter-acre with existing outbuildings, offering excellent potential for adding an Accessory Dwelling Unit (ADU).
Offered as a trust sale and priced below market value, this property represents a significant value-add opportunity for flippers, contractors, and experienced investors.
The property is a true fixer-upper requiring extensive updating, repairs, and capital investment to bring it up to modern standards.
The floor plan includes multiple owner-created modifications over the years, such as a kitchen skylight made from a repurposed sliding glass door, which may require reconfiguration.
Bring your tools, your vision, and your numbersthis is an opportunity for those who know what to do with a fixer! Calling all flippers, contractors, and investors! Offered for the first time by its original owner, this 1959-built, 3-bedroom, 2-bath home is a true value-add opportunity with plenty of room to reimagine, renovate, and unlock its potential. Located near renowned Patterson Elementary School in Orcutt, this property offers a generous lot of over a quarter acre, existing outbuildings, and possible ADU potential, subject to buyer verification of zoning, permits, and local requirements. Inside, you'll find original hardwood floors, a raised foundation, and a unique floor plan shaped by multiple owner-created modifications over the years. The expanded primary bedroom is large enough to potentially accommodate two separate rooms and features an ensuite bathroom with access to the laundry room. A creative kitchen skylight made from a repurposed sliding glass door adds to the home's distinctive character. A newer furnace is already in place, but make no mistakethis property needs substantial renovation and updating. Offered as a trust sale and priced below market, this is an opportunity for experienced buyers ready to evaluate the possibilities, bring their contractor's eye, and transform a property with potential. Renovate and resell, reimagine the existing layout, or investigate the possibilities offered by the expansive lot and outbuildings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,678 | 1,817.181 |
| Lot Size | 10,454 | 7,535.591 |
| Price | $550.0K | $739.8K |
| Price per sq ft | $328 | $434 |
| Built year | 1959 | 1984 |
| HOA | $0 | $159 |
| Days on market | 14 | 53 |
Oct 10, 2026
$550,000
Initial Listing