310 Sandpiper Lane, Oceano, California 93445, Oceano, 93445 - 5 bed, 3 bath
310 Sandpiper Lane
Oceano, California 93445
Property Price
SUMMARY
Analysis of 310 Sandpiper Lane, Oceano, California 93445 reveals a property with a current list price of $1,300,000, which is 22% above the estimated $1,065,028 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oceano Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and currently operates as a turnkey vacation rental, indicating a high level of maintenance. Although built in 1978, it has been thoughtfully updated with granite countertops in the kitchen and all bathrooms, stainless steel appliances, and modern furnishings. The flooring and fixtures appear well-maintained, and the addition of permitted sunrooms adds functional value. It falls into the 'good' category as it is well-maintained with updated components but does not represent a full recent studs-out renovation required for an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated on a corner lot just steps from the sand and directly across from beach access, offering unparalleled proximity to the ocean.
- Turnkey Investment Potential
The property is a licensed vacation rental with a strong history, sold fully furnished with a dedicated game room, making it ready for immediate income generation.
- Ocean & Lagoon Views
The second-floor living spaces provide sweeping views of both the ocean and the lagoon, significantly enhancing the coastal living experience.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3000, living area = 2203.
- Market Pricing Volatility
A substantial price reduction from the original $2M listing to $1.3M may indicate previous overvaluation or a shifting local market that requires careful buyer due diligence.
- Compact Lot Size
With a 3,000 sqft lot for a 2,203 sqft home, private outdoor yard space is limited, which may be a drawback for those seeking significant garden or recreation areas.
About 310 Sandpiper Lane
Prime Beachside Opportunity – Fully Furnished 5-Bedroom Home with Ocean Views Unbeatable location—just steps from the sand, perched on a corner lot directly across from beach access. This spacious 5-bedroom, 3-bath home offers sweeping views of the ocean and lagoon from the second floor. Well-maintained and thoughtfully upgraded, it features two permitted enclosed sunrooms, a 2-car garage, and granite countertops in the kitchen and all bathrooms. The primary suite is on the entry level with its own full bath, sliding doors to a sunroom, and a private enclosed patio ideal for grilling and outdoor dining. One garage bay is tiled and outfitted as a game room with Foosball and Ping Pong—perfect for entertaining guests or renters. Currently licensed as a vacation rental with strong rental history, this home is move-in ready and comes fully furnished. Whether you're looking for a primary residence, a beach getaway, or a turnkey investment, this property checks every box.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 2,203 | 1,490 | 87% |
| Lot Size | 3,000 | 4,500 | 13% |
| Price | $1.30M | $813.0K | 91% |
| Price per sq ft | $590 | $552 | 65% |
| Built year | 1978 | 1988 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 399 | 148 | 96% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,300,000
Initial Listing
Price Change
Feb 1, 2025
$2,000,000
Initial Listing
Sold
Apr 27, 2017
$934,000
Public Record
Sold
Nov 10, 2003
$790,000
Public Record
Sold
Dec 17, 1999
$421,500
Public Record