359 Atherly Lane, Santa Maria, CA 93455, Santa Maria, 93455 - 3 bed, 2 bath

359 Atherly Lane, Santa Maria, CA 93455 home-pic-0

359 Atherly Lane

Santa Maria, CA 93455

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,639Sq Ft
6,970Lot Size

Property Price

LIST PRICE$649,900
EST. MARKET VALUE
$698,194
6% BelowMARKET VALUE

SUMMARY

Analysis of 359 Atherly Lane, Santa Maria, CA 93455 reveals a Prime Investment Opportunity with a current list price of $649,900—significantly undercutting the $698,194 Fair Market Value by 6%. This valuation gap indicates a +$48,294 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Maria 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

$698,194 +$48,294 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
359 Atherly Lane
Subject
$649,900*
List Price
321,639$426-
A
781 Koval
Sold
$749,900321,975$3800.4 mi
B
2740 Ocotillo Avenue
Sold
$764,000431,924$3970.5 mi
C
508 Capistrano Lane
Sold
$773,000321,915$4040.4 mi
D
745 Skyview Lane
Sold
$819,000331,646$4980.3 mi
E
515 El Nido Court
Sold
$645,000321,341$4810.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with significant cosmetic updates. The kitchen has been modernized with stainless steel appliances, updated cabinetry, and stone countertops, while the living areas feature contemporary laminate flooring and neutral paint. Although the home was built in 1959, the interior finishes have been refreshed within a timeframe that meets the 'good' criteria, showing minimal wear and tear and well-maintained systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Move-In Ready Condition

    The home is exceptionally well-maintained with tasteful updates, including new flooring and neutral tones, allowing buyers to settle in immediately without the need for major renovations.

  • Expansive Outdoor Living

    The property features a large 6,970 sqft lot with a generous concrete patio and grassy area, providing a versatile space for outdoor entertaining, play, or future landscaping projects.

  • Functional Layout

    With 1,639 sqft of living space, the floor plan includes multiple living areas and a private master suite, offering the flexibility and comfort desired for modern family living.

CONSRISKS & DEFICIENCIES

  • Vintage Infrastructure

    Built in 1959, the property may have aging systems such as plumbing or electrical that could require future investment compared to newer constructions.

  • Classic Bathroom Finishes

    While clean and functional, the bathrooms are described as 'classic,' suggesting they may lack the modern luxury upgrades found in more recently remodeled homes in this price point.

About 359 Atherly Lane

Welcome to this well maintained 3 bedroom, 2 bathroom home offering a comfortable layout, tasteful updates, and a spacious backyard designed for everyday living and entertaining. From the moment you arrive, the inviting curb appeal and extended driveway set the tone for a warm and welcoming space. Inside, youll find updated flooring, neutral tones, and multiple living areas that create both functionality and flexibility. The bright kitchen features abundant cabinetry, generous counter space, and an easy flow into the dining area, making it perfect for gatherings or everyday meals. Just beyond, sliding glass doors lead you directly to the backyard, blending indoor and outdoor living. The master bedroom offers a peaceful retreat with its own private bathroom, while the additional bedrooms provide versatility for guests or a home office. Both bathrooms are clean and well cared for, maintaining a classic and timeless feel. Step outside to enjoy a large concrete patio ideal for outdoor dining, weekend barbecues, or relaxing evenings. The backyard also offers a grassy area and plenty of usable space for play or future customization. Located in an established Santa Maria neighborhood close to schools, parks, and local amenities, this home combines comfort, space, and everyday practicality. A wonderful opportunity for buyers looking to settle into a move in ready home with room to make it their own.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1959
Lot Size
6,970 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,6391,919
38%
Lot Size6,9708,276
35%
Price$649.9K$774.0K
27%
Price per sq ft$397$414
37%
Built year19591982
16%
HOA$0$0
50%
Days on market12190
1%

Pricing History

Listed for Sale

Feb 23, 2026

$649,900

Initial Listing

Sold

Apr 6, 2017

$378,000

Public Record

Browse Properties by State Browse housing market trends by state