341 N Las Flores, Nipomo, California 93444, Nipomo, 93444 - 5 bed, 3 bath
341 N Las Flores
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 341 N Las Flores, Nipomo, California 93444 reveals a Fairly Priced Property with a current list price of $1,350,000 aligned with the estimated $1,326,767 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nipomo 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 N Las Flores Subject | $1,350,000* List Price | 5 | 3 | 2,600 | $510 | - |
A 120 N Las Flores Drive Sold | $1,399,000 | 3 | 3 | 2,657 | $527 | 0.3 mi |
B 261 Hazel Lane Sold | $1,176,500 | 5 | 4 | 3,013 | $390 | 1.0 mi |
C 1135 Osage Street Sold | $1,190,000 | 4 | 3 | 2,644 | $450 | 0.7 mi |
D 585 Via Mira Valle Pending | $949,000 List Price | 3 | 2 | 2,400 | $395 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1987, the property is well-maintained but shows significant signs of being outdated. The kitchen and bathrooms feature older tile countertops, cabinetry, and fixtures consistent with the original construction period. While the home is functional and move-in ready, it lacks the modern renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54582, living area = 2600.
- Multi-Unit Potential
The property features two separate homes on a single parcel, providing an excellent opportunity for rental income, guest accommodations, or multi-generational living.
- Expansive Acreage
Situated on a generous 1.25-acre lot, the property offers significant space for outdoor projects, storage, or future development, which is a rare find in the Nipomo area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =54582, other record lot size in square feet = 54440.
- Potential Modernization Needs
With a build date of 1987, the homes may require cosmetic updates or infrastructure improvements to align with contemporary design trends and energy efficiency standards.
- Land Development Costs
The undeveloped back portion of the lot requires additional investment in landscaping or site preparation to be fully functional for projects or storage.
About 341 N Las Flores
Don’t miss this unique Nipomo property set on a spacious 1.25-acre lot. The property includes two homes on one parcel, offering flexibility and room to grow. The main home features 3 bedrooms and 2 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom—ideal for rental income or extra room for guests. With plenty of open land, the back portion of the lot is ready for your vision, making this a great opportunity for those who need extra space for projects, storage, or future plans.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 54,582 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 | 93% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,600 | 2,227 | 69% |
| Lot Size | 54,582 | 9,146.5 | 88% |
| Price | $1.35M | $1.18M | 69% |
| Price per sq ft | $519 | $520 | 50% |
| Built year | 1987 | 2003 | 19% |
| HOA | $0 | $138 | 43% |
| Days on market | 22 | 191 | 1% |
Pricing History
Listed for Sale
Feb 13, 2026
$1,350,000
Initial Listing