
Cambria, California 93428
This property presents a Prime Investment Opportunity with a List Price of $650,000—positioned well below the $668,144 Fair Market Value by 2%. This valuation gap offers $18,144 in Instant Equity. Featuring a Fair Condition Rating, the home includes a Detached Guest Unit and a Wooded View in a sunny microclimate. While the property requires modernization, its unique layout and potential for rental income make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2936 Burton Drive Subject | $650,000* List Price | 2 | 1 | 1,028 | $651 | - |
A 1699 Langton Street Sold | $640,000 | 2 | 2 | 1,056 | $606 | 0.8 mi |
B 1840 Langton Street Sold | $761,125 | 2 | 2 | 1,038 | $733 | 0.7 mi |
C 1580 Emerson Active | $629,800 List Price | 1 | 2 | 841 | $749 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property is in original condition with no evidence of recent renovations. The kitchen and bathroom are functional but dated with 90s-era finishes, wallpaper, and appliances. The exterior wood shake siding and decking show signs of weathering, placing it firmly in the 'Fair' category as it requires modernization and minor repairs.
The property includes a separate guest unit with a 3/4 bath, providing versatile space for visitors, a home office, or potential rental income.
Located in a 'sunny out of the fog' area of Lodge Hill, this home offers a more pleasant and bright living environment compared to other coastal parts of Cambria.
Featuring vaulted wood beam ceilings, wood floors, and a brick hearth fireplace, the cottage offers a warm, classic aesthetic that is highly sought after in this market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one full bathroom in the main residence, the layout may be less convenient for households with multiple occupants or frequent guests.
The seller's preference for a simultaneous purchase of the adjoining $29,000 lot increases the total acquisition cost and adds complexity to the transaction.
2936 Burton Drive sits across from the Cambria Pines Lodge on Lodge Hill. Here is a quaint single level cottage on a 5000+-sf level lot with mature trees in a park like setting. A throw back to an earlier Cambria built with wood shake siding and a cement tile roof. Walk through the front door into a large open living room with brick hearth wood buring fireplace, 2 bedrooms and a full bath with a large county style kitchen with wood walls and cabinets. Vaulted wood beam ceiling, wood floors and to top it off a detached guest unit with a 3/4 bath. Room to garden, sit and enjoy a sunny out of the fog location. The adjoining vacant lot also for sale for $29,000 includes #610 on CCSD water wait list. Same seller and seller prefers buyer buy both the house and the lot at the same time. Convenient location to East Village, Highway One and the Lodge right across the road. Call your realtor today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,028 | 1,721 |
| Lot Size | 5,000 | 5,325 |
| Price | $650.0K | $1.07M |
| Price per sq ft | $632 | $724 |
| Built year | 1997 | 1983 |
| HOA | $0 | $0 |
| Days on market | 36 | 74 |
Jun 16, 2026
$650,000
Initial Listing