
Cambria, California 93428
This Single Family Residence presents a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,500,890 Fair Market Value by 7%. This valuation gap offers $105,890 in Instant Equity for buyers. Featuring panoramic Pacific Ocean views and an oversized corner lot, the home has a Condition Rating of 4, requiring cosmetic updates to modernize its 1996 finishes. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2770 Holden Subject 3 bd · 3 ba · 2,060 sqft · $650 | $1,249,000* List Price | 3 | 3 | 2,060 | $650 | - |
A 1965 Norwich Avenue Sold 3 bd · 3 ba · 1,629 sqft · $580 · 0.6 mi | $945,000 | 3 | 3 | 1,629 | $580 | 0.6 mi |
B 390 Lampton Sold 3 bd · 3 ba · 2,253 sqft · $706 · 1.0 mi | $1,590,000 | 3 | 3 | 2,253 | $706 | 1.0 mi |
C 2098 Oxford Avenue Sold 3 bd · 3 ba · 1,792 sqft · $686 · 1.0 mi | $1,229,000 | 3 | 3 | 1,792 | $686 | 1.0 mi |
D 629 Ardath Drive Sold 4 bd · 3 ba · 2,037 sqft · $636 · 0.9 mi | $1,295,000 | 4 | 3 | 2,037 | $636 | 0.9 mi |
E 1833 Ogden Drive Sold 3 bd · 4 ba · 1,654 sqft · $785 · 0.9 mi | $1,299,000 | 3 | 4 | 1,654 | $785 | 0.9 mi |
F 1475 Spencer Street Active 3 bd · 3 ba · 2,000 sqft · $650 · 0.3 mi | $1,299,000 List Price | 3 | 3 | 2,000 | $650 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the home is approximately 30 years old and retains its original, dated kitchen and interior finishes. While the property appears clean, well-maintained, and functional, it requires cosmetic updates throughout to modernize it, as explicitly noted in the listing description.
The property offers breathtaking, unobstructed views of the Pacific Ocean stretching to the Piedras Blancas Light Station, complemented by two dedicated ocean-view decks.
With vaulted ceilings on the main level and a downstairs bedroom featuring private exterior access, the layout provides excellent flexibility for a home office or guest suite.
Situated on an oversized corner lot in Lodge Hill, the property includes rare coastal features like an outdoor shower and enhanced privacy compared to standard interior lots.
The home is explicitly marketed as needing updates, which implies immediate additional capital investment is required to modernize the 1996 interior.
As a property 'ready for updating,' buyers may encounter deferred maintenance or end-of-life systems typical for a nearly 30-year-old coastal residence.
Enjoy panoramic Pacific Ocean views stretching up the beautiful Central Coast to the Piedras Blancas Light Station. Vaulted ceilings enhance the main level, including the entry, living room, dining area, kitchen, primary bedroom, and primary bathroom. Two ocean-view decks off the kitchen and dining areas provide wonderful spaces to relax, entertain, and take in the coastal scenery. Downstairs are two additional bedrooms and a full bathroom. One bedroom offers private exterior access, making it an ideal guest room, home office, or private retreat. Situated on a large, oversized corner lot, the property also features an outdoor shower—perfect for rinsing off after surfing or spending the day at the beach. The home has been well enjoyed and is ready for updating, offering an excellent opportunity to bring your vision to life and create your own coastal getaway.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,060 | 1,650.2 |
| Lot Size | 4,681 | 5,332.8 |
| Price | $1.25M | $1.10M |
| Price per sq ft | $606 | $727 |
| Built year | 1996 | 1983 |
| HOA | $0 | $0 |
| Days on market | 56 | 60 |
Oct 1, 2026
$1,249,000
$1,395,000
-10% Price Drop
Initial Listing
Aug 29, 2026
$1,395,000
Initial Listing
Oct 4, 1994
$20,000
Public Record