3435 Greenacre, Santa Maria, CA 93455, Santa Maria, 93455 - 3 bed, 2 bath
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3435 Greenacre
Santa Maria, CA 93455
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,440Sq Ft
4,356Lot Size
Property Price
LIST PRICE$544,900
EST. MARKET VALUE
$608,367
10% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $560,000—positioned well below the $603,510 Fair Market Value by 7%. This valuation gap offers $43,510 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic modernization, providing a clear path to forced appreciation. Located in the gated Quail Meadows community with low HOA fees and proximity to Alice Shaw Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$608,367+$63,467 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3435 Greenacre Subject 3 bd · 2 ba · 1,440 sqft · $422 | $544,900* List Price | 3 | 2 | 1,440 | $422 | - |
A 3665 Linda Lee Drive Sold 2 bd · 1 ba · 1,362 sqft · $488 · 0.8 mi | $665,000 | 2 | 1 | 1,362 | $488 | 0.8 mi |
B 3386 Greenacre Drive Active 2 bd · 2 ba · 1,536 sqft · $345 · 0.0 mi | $530,000 List Price | 2 | 2 | 1,536 | $345 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is well-maintained but significantly dated. The kitchen and bathrooms feature original layouts, laminate countertops, and older appliances. The presence of popcorn ceilings, fluorescent box lighting, and floral wallpaper indicates the property has not had a major renovation in over 20 years and requires cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Land Ownership & Low HOA
A significant advantage of this property is that the owner owns the land within a gated community, coupled with a very low monthly HOA fee of $120, offering excellent long-term value.
- Community Amenities
Situated in the sought-after Quail Meadows, the home is just a short walk from the community pool and recreation room, providing easy access to leisure and social activities.
- Prime Central Coast Location
The property serves as an ideal hub for the Central Coast lifestyle, located within a short drive of world-class dining and wine tasting in Solvang, Los Olivos, and Santa Barbara.
CONSRISKS & DEFICIENCIES
- Dated Interior Potential
Built in 1985 and marketed as ready for the next owner to 'make it their own,' the home likely requires cosmetic updates and modernization to align with current design trends.
- Compact Lot Size
With a lot size of 4,356 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking expansive private yards or significant gardening space.
About 3435 Greenacre
Welcome home to this charming 3-bedroom, 2-bathroom residence nestled within the sought-after private gated community of Quail Meadows. The home features a beautifully maintained front yard ready to enjoy those breezy summer nights. Conveniently located just a short walk from the community pool and recreation room, youll have easy access to amenities designed for relaxation and enjoyment. Low HOA Where you own the land! Beyond the community, this home offers an ideal location for exploring the Central Coast. Enjoy a short drive to Solvang, Los Olivos, and Santa Barbara, where you can experience exceptional dining, wine tasting, shopping, and local attractions. This lovely home is ready for its next owner to make it their own, create lasting memories, and enjoy all that the area has to offer. Dont miss the opportunity to see it for yourselfschedule your private tour today! Professional pictures will be taking this week!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120 / Month
Neighborhood Insights
Santa Maria Unified Schools
Alice Shaw Elementary School
Grades K-6 • 0.7 mi
6/10
Lakeview Junior High School
Grades 7-8 • 0.9 mi
5/10
Ernest Righetti High School
Grades 9-12 • 1.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,817.181 |
| Lot Size | 4,356 | 7,535.591 |
| Price | $544.9K | $739.8K |
| Price per sq ft | $378 | $434 |
| Built year | 1985 | 1984 |
| HOA | $120 | $159 |
| Days on market | 33 | 53 |
Pricing History
Listed for Sale
Oct 22, 2026
$544,900
$560,000
-3% Price Drop
Initial Listing
Price Change
Sep 21, 2026
$560,000
Initial Listing
Sold
Sep 16, 2016
$255,000
Public Record