
Santa Maria, CA 93454
This property presents a Prime Investment Opportunity with a List Price of $280,000—positioned well below the $286,862 Fair Market Value by 2%. This valuation gap offers $6,862 in Instant Equity for the buyer. Featuring a Fair Condition Rating with original 1991 finishes, the unit provides a clear path for value-add modernization. With Ground Floor Accessibility and a Park View, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Inger Drive 105 Subject | $280,000* List Price | 1 | 1 | 640 | $448 | - |
A 321 Inger Drive G-55 Sold | $293,000 | 1 | 1 | 640 | $458 | 0.1 mi |
B 321 Inger Active | $288,800 List Price | 1 | 1 | 683 | $423 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 33-year-old unit appears to have mostly original finishes. The kitchen features dated oak-style cabinetry and older white appliances that, while functional, are well past the 20-year mark and require modernization.
Listed at $280,000, this property offers an exceptional entry-level price point for the Santa Maria market, making it highly attractive for first-time buyers and investors seeking value.
As a lower-level unit with easy ground floor access, the property provides enhanced convenience and mobility, appealing to down-sizers and those prioritizing ease of entry.
The unit features a pleasant park view, offering a serene and open atmosphere that distinguishes it from other standard condominium units in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 640, other record living area = 953. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
At only 640 square feet, the compact one-bedroom layout may feel restrictive for buyers needing extra storage space or a dedicated home office area.
Built in 1991 and described with functional rather than modern finishes, the unit may require additional capital investment for cosmetic upgrades to meet contemporary aesthetic standards.
Welcome to 321 Inger Dr, Building L #105 in Santa Maria! This charming 1 bedroom, 1 bath lower level unit offers comfortable living at an exceptional value. Featuring an inviting floor plan, this home provides easy ground floor access and a cozy living space perfect for relaxing or entertaining. The kitchen offers ample cabinetry and functionality, while the spacious bedroom provides a peaceful retreat. Ideal for first time buyers, down-sizers, or investors, this well priced unit is conveniently located near shopping, dining, and local amenities. Don't miss this great opportunity to own in a desirable Santa Maria community!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 640 | - |
| Lot Size | - | - |
| Price | $280.0K | $496.5K |
| Price per sq ft | $438 | $389 |
| Built year | 1991 | 0 |
| HOA | $225 | $0 |
| Days on market | 51 | 95 |
Jun 1, 2026
$280,000
Initial Listing
Feb 6, 2019
$220,000
Public Record