
Cambria, California 93428
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $1,540,000—positioned well below the $1,558,784 Fair Market Value by 1.2%. This valuation gap offers $18,784 in Instant Equity. Featuring a Condition Rating of 3, the home offers a unique dual-living layout with Ipe wood decks and wooded hill views. Located in the Coast Unified School District, this property is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking flexible, high-utility living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2968 Ardath Drive Subject | $1,540,000* List Price | 5 | 5 | 3,128 | $498 | - |
A 2146 Cowper Street Sold | $1,800,000 | 6 | 5 | 3,400 | $529 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1964, the property underwent a massive 1,593 sq. ft. addition and significant renovation in 2016 (8 years ago). The kitchen is updated with modern cabinetry and subway tile, systems are upgraded with dual furnaces and water heaters, and the interior features high-quality solid oak flooring and Ipe wood decks. It is in well-maintained, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20820, living area = 3128.
The unique 'two homes in one' configuration with separate entrances, kitchens, and laundry facilities offers unparalleled flexibility for multi-generational living, long-term guests, or potential rental income.
The massive four-car tandem garage includes a dedicated workshop space and a half bath, providing rare and extensive storage for car enthusiasts, hobbyists, or those needing significant utility space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
While the garage is large, the tandem configuration can be inconvenient for daily vehicle access, often requiring residents to shuffle cars to reach those parked further inside.
The property combines a 1964 original structure with a 2016 addition, which may result in architectural inconsistencies or varying maintenance requirements between the older and newer sections.
Delightfully unique split-level property in Cambria offering exceptional flexibility for multi-generational living or extended guests. Situated on nearly half an acre with approximately 3,128± sq.ft., this expansive 5 bedroom, 4.5 bathroom home is thoughtfully designed to function much like two homes in one. The original Ardath Drive side living area offers approximately 1,535± sq.ft., while a substantial 1,593± sq.ft. addition completed around 2016 created a separate Spencer Street side living space. The Spencer Street side living area offers 2 bedrooms and 2 bathrooms, plus an additional dining area/den currently utilized as a bedroom/workout room. A former third bedroom on this side has been converted into a kitchenette area complete with cabinetry, counters, sink, and full-size refrigerator, adding even more flexibility for extended living arrangements. This side of the home also features multiple Ipe wood decks, a cozy wood-burning fireplace, and private laundry room. The original Ardath Drive side of the home features 3 bedrooms and 2 bathrooms, along with its own laundry closet, Ipe wood deck, and access to the terraced yards. Separate driveways from both Ardath Drive and Spencer Street provide convenient access and added privacy for each side of the home. A connecting door separates the two living spaces and can be locked open, closed, or removed depending on your needs. Additional highlights include beautiful solid oak flooring, an updated kitchen, grand entry, multiple living areas, wooded views with distant hill vistas, terraced gathering areas with pavers and slate stone, over 3,600 gallons of combined cistern water storage for irrigation, two furnaces, two water heaters, and a massive tandem four-car garage with workshop space and half bath.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 3,128 | 1,654 | 93% |
| Lot Size | 20,820 | 5,898 | 87% |
| Price | $1.54M | $1.12M | 78% |
| Price per sq ft | $492 | $664 | 20% |
| Built year | 1964 | 1982 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 181 | 2% |
May 21, 2026
$1,540,000
Initial Listing
Jun 26, 2018
$890,000
Public Record
May 10, 2016
$805,000
Public Record
Jun 19, 1998
$83,000
Public Record
Aug 16, 1996
$157,000
Public Record