
Templeton, California 93465
Analysis of 335 Phillips, Templeton, California 93465 is currently available with a list price of $1,375,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Templeton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1981 (43 years old), the home features a largely original kitchen with dated oak cabinetry, tile countertops, and fluorescent lighting. While the addition of new windows is a positive, the overall age of the interior finishes and likely original systems exceed the 30-year threshold, indicating a need for a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 2909614, living area = 1480.
The property features 15 AG-zoned acres with flat pastures, livestock pens, and two private wells, making it ideal for equestrian use, livestock, or hobby farming.
Situated just two miles from downtown Templeton, the home offers a rare combination of rural privacy and urban convenience with stunning views of the Salinas River and surrounding mountains.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2909614, other record lot size in square feet = 545656.
With only two bedrooms and 1,480 square feet of living area, the home's footprint is relatively small compared to the expansive lot size and million-plus price point.
Built in 1981, the residence may require interior modernization and cosmetic updates to meet the expectations of buyers looking for a contemporary ranch estate.
Welcome to 335 Phillips rd, set on a private road with approximately 15 picturesque acres just minutes from the heart of historic Templeton, this rare AG-zoned property offers the perfect blend of country living, usable land, and convenience. The home is surrounded by breathtaking mountain, pasture, and Salinas River views that create an incredibly peaceful setting. A large deck offers the perfect place to relax and enjoy the views! Designed for those seeking space, versatility, accessibility and a true Central Coast lifestyle. The property boasts large flat pastures, livestock pens, and ample room for agricultural use, horses, livestock or hobby farming. The oversized detached 3-car garage offers exceptional flexibility and can easily function as a workshop, equipment storage, or ample garage space. Additional highlights include two wells, a 3,000 gallon water storage tank, brand-new windows throughout, additional structures for storage and direct bordering along the Salinas River, enhancing both the beauty and uniqueness of the property. Whether you’re looking for a private ranch retreat, an investment in usable acreage, or a property with room to grow, this offering combines rural charm with an unbeatable location just 2 miles from downtown Templeton. Easy access to town, hwy 101, local wineries and all of the amenities Templeton and the surrounding areas have to offer. This property is a rare find! Don't wait, schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,480 | 1,944 | 16% |
| Lot Size | 2,909,614 | 20,691 | 97% |
| Price | $1.38M | $993.5K | 76% |
| Price per sq ft | $929 | $506 | 95% |
| Built year | 1981 | 1992 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 115 | 3% |
May 27, 2026
$1,375,000
Initial Listing