
Santa Maria, CA 93455
This property presents a High-Potential Investment Opportunity with a List Price of $779,000—positioned well above the $722,350 Fair Market Value by -7%. Featuring a Fair Condition Rating (5/10), this 1959 vintage home requires comprehensive rehabilitation to unlock its full potential. The expansive 0.31-acre lot with rear alley access provides significant upside for ADU development. Located in the distinguished Orcutt School District, this asset is ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3480 Dickson Drive Subject | $779,000* List Price | 3 | 2 | 1,878 | $385 | - |
A 470 Majestic Sold | $675,000 | 4 | 2 | 1,499 | $450 | 0.1 mi |
B 265 Stubbs Sold | $875,000 | 3 | 3 | 2,090 | $419 | 0.5 mi |
C 854 Blue Ridge Drive Active | $774,900 List Price | 3 | 2 | 1,986 | $390 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 with no evidence of major renovations, this property is in original 'vintage' condition. The exterior shows significant deferred maintenance with peeling paint and weathered siding. The kitchen and bathrooms feature 50+ year old styling (brick oven, sunken tub), and the listing explicitly notes 'improvement potential,' signaling a need for a comprehensive rehab of systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1878.
The expansive 0.31-acre lot features rare rear alley access, providing significant potential for ADU construction or property expansion in a high-demand area.
The home boasts a unique rustic lodge aesthetic, highlighted by vaulted natural wood ceilings, a dramatic floor-to-ceiling brick fireplace, and a charming built-in kitchen brick oven.
Built in 1959, the interior features vintage cabinetry and finishes that likely require a significant capital investment to meet contemporary luxury standards.
The property is marketed with 'great improvement potential,' suggesting that the structure and multiple outbuildings may require immediate repairs or upgrades.
ORCUTT AREA PROPERTY WITH GREAT IMPROVEMENT POTENTIAL AND MULTIPLE ADU POSSIBILITIES. This Property In Evergreen Acres, Near Joe Nightingale Elementary School, Has A BIG, APPROXIMATE .31 ACRE LOT With Front And Rear Alley Access, A Single Story House With 3 Bedrooms, 2 Bathrooms, Approximately 1,878 Square Feet Of Living Area, Living Room Fireplace & Natural Wood Ceiling, A Kitchen Brick Oven, A Detached Garage & Workshop, RV Parking Space And Storage Sheds. No HOA Fees! Great Orcutt Area Location Close To Shopping, Restaurants, Services, Beautiful Parks, Historic Old Town Orcutt, Good Schools In The Distinguished Orcutt School District Including Nearby Joe Nightingale Elementary And Just Minutes Drive To Beautiful Santa Ynez Valley Wineries And Central Coast Beach Including Pismo Beach, Shell Beach & Avila Beach. House Features Include; Rustic Mountain Lodge Style Living Room That Has Gorgeous Natural Wood Vaulted Ceiling, Handsome Floor To Ceiling Brick Fireplace, Solid Wood Floor, Front View Windows And Sliding Door Access To Spacious Back Yard Area. Charming Country Style Kitchen That Has Exposed Natural Wood Vaulted Ceiling With Hanging Chandelier, Built-In Brick Oven, Smooth Surface Counter Tops & Breakfast Bar, Gas Stove/Oven, Front View Window Over Porcelain Sink And Vintage Wood Cabinetry. Three Bedrooms Down Hallway Including Romantic Front Bedroom With Natural Wood Accent Wall, Front View Bay Window, Wood Sliding Door Twin Closets, Natural Tone Beige Carpet Flooring & Ceiling Fan/Light, Plus Rear Bedroom Suite With Twin Sliding Doors To Spacious Back Yard Area, Walk-In Closet And Personal Bathroom With Hollywood Style Tiled Twin Vanities And Sunken Step Down Tub.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,878 | - |
| Lot Size | 13,504 | - |
| Price | $779.0K | $701.6K |
| Price per sq ft | $415 | $430 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 51 |
Jun 25, 2026
$779,000
Initial Listing