
Nipomo, California 93444
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned well above the $1,113,975 Fair Market Value by -7%. While the home requires significant rehabilitation due to its Condition Rating of 5, the 1.2-acre lot and two-story workshop offer substantial ADU Conversion Potential. The expansive acreage and versatile layout provide a foundation for forced appreciation. This asset is best suited for Value-Add Investors or Contractors capable of executing a comprehensive renovation to modernize the 1982 build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Pablo Lane Subject | $1,195,000* List Price | 4 | 3 | 2,212 | $504 | - |
A 341 N Las Flores Sold | $1,150,000 | 5 | 3 | 2,600 | $442 | 0.1 mi |
B 250 Via Promesa Sold | $1,060,000 | 3 | 2 | 1,802 | $588 | 0.4 mi |
C 1263 La Loma Drive Sold | $1,127,500 | 3 | 3 | 2,364 | $477 | 0.7 mi |
D 585 Via Mira Valle Sold | $910,000 | 3 | 2 | 2,400 | $379 | 0.6 mi |
E 1655 Kirby Way Sold | $999,000 | 3 | 2 | 1,926 | $519 | 0.8 mi |
F 1575 La Loma Drive Active | $899,000 List Price | 3 | 3 | 2,228 | $404 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 (42 years old) and lacks a comprehensive renovation. The interior shows unfinished concrete flooring throughout main living areas and visible drywall damage/holes in the bathroom ceiling. While it features stainless appliances and solar panels, the home requires significant rehabilitation and finishing to be move-in ready.
The 1.2-acre lot provides exceptional space for oversized vehicles, RVs, and agricultural hobbies, offering a level of privacy and utility rarely found in standard residential tracts.
The inclusion of a two-story workshop already equipped with electricity and plumbing presents a significant value-add opportunity for a secondary residence or guest house.
With a sunroom, screened-in porch, and dual brick fireplaces, the home offers a functional single-level layout that maximizes indoor-outdoor living and comfort.
Built in 1982, the home features classic brick and older finishes that may require cosmetic updates to appeal to buyers seeking a modern luxury aesthetic.
Despite its rural setting and price point, the property offers only neighborhood views rather than the premium coastal or mountain vistas often sought in the Nipomo area.
320 Pablo Lane offers over 1.2 acres, this property offers a comfortable 4-bedroom, 2.5-bath home with a three-door garage and ample space to park oversized vehicles, RVs, trailers, and equipment. The expansive lot provides room for gardening, hobby agriculture, outdoor projects, and potential animal space (buyer to verify permitted uses). Nestled on a quiet rural lane in Nipomo, the single-level home is anchored by two cozy brick fireplaces and generous windows that bring in natural light, creating a warm and welcoming atmosphere throughout. The dining area features a classic brick fireplace and a large front window, making it an ideal space for everyday meals or special gatherings. Just off the dining room, the kitchen is designed for both function and entertaining, with an island and breakfast bar, stainless steel appliances, built-in shelving, and abundant counter space. The living room offers another comfortable gathering spot with a brick fireplace and a sliding glass door that leads to the sunroom, blending indoor and outdoor living. A convenient half bath is located nearby for guests. The private primary bedroom includes an en-suite bath with a double vanity, walk-in shower, and privacy door for added comfort. Down the hallway, additional bedrooms offer closet space and easy access to a full bathroom with a double vanity. A dedicated laundry area with cabinets and a sink adds everyday convenience. There's a two-story workshop on the property with electricity and plumbing, and it can possibly be converted into a secondary residence. Outside, a screened-in porch expands the living space and offers a protected spot to relax, dine, or entertain while enjoying the coastal air. Combining a practical floor plan with multiple fireplaces, generous storage, and usable acreage, Oak Hollow presents a versatile opportunity on the Central Coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,212 | 1,972 |
| Lot Size | 52,272 | 9,288 |
| Price | $1.20M | $1.08M |
| Price per sq ft | $540 | $538 |
| Built year | 1982 | 2000 |
| HOA | $0 | $420 |
| Days on market | 8 | 56 |
Jul 14, 2026
$1,195,000
Initial Listing
Apr 1, 2021
$834,000
Public Record
Sep 29, 1995
$225,000
Public Record