
Santa Maria, CA 93454
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $288,800—positioned well below the $307,628 Fair Market Value by 6%. This valuation gap offers $18,828 in Instant Equity for the buyer. Featuring a Fair Condition Rating with modern plank flooring and a private balcony with tree-lined views, the unit includes two covered parking spaces. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in-ready home with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Inger Subject | $288,800* List Price | 1 | 1 | 683 | $450 | - |
A 321 Inger Drive G-55 Sold | $293,000 | 1 | 1 | 640 | $458 | 0.1 mi |
B 321 Inger Drive 105 Active | $280,000 List Price | 1 | 1 | 640 | $438 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property falls into the dated category. While the description mentions 'sparkling' kitchen and plank flooring, the photos reveal original popcorn ceilings and older carpeting. It is functional and move-in ready but requires minor cosmetic updates to be modernized.
The seller is offering a significant buyer credit of up to 5%, which, combined with the lowest HOA fees in a well-maintained complex, makes this an highly accessible opportunity for first-time buyers or investors.
This move-in-ready home features attractive plank flooring, a sparkling kitchen, and includes a washer and dryer, providing a modern and convenient living space without the need for immediate upgrades.
Rare for a one-bedroom condominium, this unit includes two covered parking spaces and ample storage solutions, including a deep walk-in closet and additional hallway storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 683, other record living area = 640.
At just 683 square feet with a single bedroom, the compact layout may limit appeal for buyers seeking more versatile living space or room for a home office.
The property has been on the market for 48 days and has already seen a price reduction, which may indicate that the initial list price was not aligned with current buyer demand.
Fresh and appealing Las Palmas home with attractive plank flooring in this open plan. The sparkling kitchen opens to the fan-cooled dining area and the large living room. The adjoining balcony offers fresh tree-lined views and includes the laundry room--complete with washer & dryer. The spacious bedroom features a deep walk-in closet, additional storage in the adjoining hall, and a large bathroom. There are 2 covered parking spaces for this unit plus available guest parking. This move-in-ready home is ideal for easy living in a convenient location--near shopping, schools, and the post office. This is the most affordable HOA fee in a well-maintained complex. Ideal for owner-occupancy or investment. The seller may offer up to 5% buyer credit, making this an even greater ownership opportunity.
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 | 683 | - |
| Lot Size | 657 | - |
| Price | $288.8K | $496.5K |
| Price per sq ft | $423 | $389 |
| Built year | 1991 | 0 |
| HOA | $225 | $0 |
| Days on market | 64 | 95 |
May 29, 2026
$288,800
$298,800
-3% Price Drop
Initial Listing
May 19, 2026
$298,800
Initial Listing
Feb 11, 2022
$275,000
Public Record