341 N Las Flores, Nipomo, California 93444, Nipomo, 93444 - 5 bed, 3 bath
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Nipomo, California 93444
This Dual-Living Residential Estate is listed at $1,350,000—positioned below the $1,357,229 Fair Market Value by 1%. This fair valuation offers $7,229 in Instant Equity for a property featuring two separate homes on a massive 1.25-acre lot. While maintaining a Well-Maintained Condition Rating, the original 1987 finishes allow for forced appreciation through modern updates. Capturing scenic mountain views with a private deck and patio within the Lucia Mar Unified district, this versatile asset is perfectly suited for Multi-Generational Families or Owner-Occupants seeking significant rental income potential.
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 | $493 | - |
A 261 Hazel Lane Sold | $1,176,500 | 5 | 4 | 3,013 | $390 | 1.0 mi |
B 120 N Las Flores Drive Sold | $1,399,000 | 3 | 3 | 2,657 | $527 | 0.3 mi |
C 243 Ruby Lane Sold | $1,400,000 | 4 | 3 | 2,541 | $551 | 0.8 mi |
D 1135 Osage Street Sold | $1,190,000 | 4 | 3 | 2,644 | $450 | 0.7 mi |
E 1431 La Loma Sold | $1,075,000 | 3 | 2 | 1,616 | $665 | 0.6 mi |
F 1263 La Loma Drive Active | $1,195,000 List Price | 3 | 3 | 2,364 | $505 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is well-maintained but reflects its original era with dated kitchen cabinetry, older white appliances, and basic light fixtures. While functional and move-in ready, the interior finishes, including flooring and bathroom styles, show signs of age and lack recent modern renovations, aligning with the criteria for a property built 25-40 years ago without major updates.
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.
The property features two separate homes on a single parcel, offering exceptional versatility for multi-generational living or significant rental income potential.
The massive lot provides ample space for future development, large-scale projects, or specialized storage, a rare find that offers long-term growth potential.
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.
With a build date of 1987, the homes may require modern cosmetic updates and system upgrades to compete with newer luxury inventory in the area.
The back portion of the lot is currently a 'blank canvas,' meaning buyers will need to budget for significant landscaping or site preparation to fully utilize the acreage.
Experience the rare charm and versatility of this exceptional Nipomo ranch estate, gracefully set on approximately 1.25 acres of usable land. Offering a unique dual-residence opportunity, this property seamlessly blends lifestyle, functionality, and future potential. The primary residence features 3 bedrooms and 3 bathrooms, thoughtfully designed for comfortable living, while the secondary home offers 2 bedrooms and 1 bathroom—perfect for extended family, guests, or generating supplemental rental income. Beyond the homes, the expansive grounds invite endless possibilities. The open rear portion of the property provides a blank canvas ideal for creating your dream outdoor retreat—whether envisioning a custom workshop, equestrian setup, additional structures, or simply enjoying wide-open space and privacy. With its rare combination of acreage, multi-unit living, and opportunity for expansion, this property embodies the essence of Central Coast ranch living—peaceful, versatile, and full of potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,600 | 2,124 | 70% |
| Lot Size | 54,582 | 9,335 | 91% |
| Price | $1.35M | $1.13M | 70% |
| Price per sq ft | $519 | $534 | 46% |
| Built year | 1987 | 2003 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 167 | 12% |
Feb 13, 2026
$1,350,000
Initial Listing