
Nipomo, California 93444
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $704,888—positioned well below the $755,363 Fair Market Value by 6%. This valuation gap offers $50,475 in Instant Equity for buyers. While the home maintains a Fair Condition Rating with its original 1988 charm, it boasts panoramic hillside views and a generous 8,614 sqft corner lot with verified ADU potential. Located in the Lucia Mar Unified district, it balances coastal lifestyle with clear investment upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 E Price. Subject | $704,888* List Price | 3 | 2 | 1,825 | $414 | - |
A 124 W Chestnut Street W Sold | $775,000 | 3 | 3 | 1,615 | $480 | 0.5 mi |
B 240 Dahlia Street Sold | $855,000 | 4 | 2 | 1,754 | $487 | 0.3 mi |
C 192 E. Branch Street E Pending | $630,000 List Price | 3 | 2 | 1,440 | $438 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this original-owner home is well-maintained and move-in ready, but it lacks recent comprehensive renovations. While the roof and carpets have been updated within the last 5-10 years and a new refrigerator was added, the kitchen and bathrooms remain largely original with dated oak cabinetry, laminate countertops, and older light fixtures. It fits the 'fair' criteria as a functional, aged home that shows signs of being outdated and would benefit from cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8614, living area = 1825.
The property sits on a generous 8,614 sqft corner lot with specific potential for an Accessory Dwelling Unit (ADU), providing excellent opportunities for multi-generational living or rental income.
This original-owner home shows true pride of ownership with key long-term updates including a 10-year-old roof, newer carpeting, and a move-in ready interior featuring a bright, open floor plan.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1825, other record living area = 1268.
Built in 1988 and maintained in its original charm, the home likely requires cosmetic modernization in the kitchen and bathrooms to meet the expectations of contemporary buyers.
While the roof and carpet have been replaced within the last 5-10 years, other major systems and original fixtures may be nearing the end of their functional lifespan, necessitating future capital improvements.
Experience the best of Central Coast living in beautiful Nipomo, California! Where ocean breezes, golden sunsets, and year-round mild weather define the relaxed coastal lifestyle. This charming original-owner, single story home offers comfort, convenience and exciting potential. Featuring 3 bedrooms and 2 bath, this well maintained property sits on a spacious corner lot with room to grow-including the potential for an ADU (buyer to verify with the county). Inside you will find an open floor plan that creates a bright and inviting living space perfect for both everyday living and entertaining. Sliding glass doors from the dining area, allows for you to enjoy the outdoors. The home includes thoughtful updates such as new window screens, carpet installed approx. 5 years ago and a roof replaced about 10 years ago. Stay comfortable year-around with ceiling fans, plus a sun tunnel in the hallway. The kitchen comes equipped with 4 gas burner stove top, new refrigerator (less than a year) plus a washer and dryer. This home is truly move-in ready. Enjoy the convenience of being able to walk to Nipomo Elementary School along with easy access to local amenities. This is a rare opportunity to own a lovingly cared for home with space, flexibility and future potential--don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,825 | 2,088 | 41% |
| Lot Size | 8,614 | 9,318 | 44% |
| Price | $704.9K | $1.12M | 12% |
| Price per sq ft | $386 | $534 | 5% |
| Built year | 1988 | 2003 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 167 | 1% |
Mar 25, 2026
$704,888
Initial Listing