3985 Chatham, Santa Maria, CA 93455, Santa Maria, 93455 - 2 bed, 22 bath
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Santa Maria, CA 93455
This Turnkey 55+ Residence is a Strong Value Opportunity, listed at $425,000—positioned well below the $441,566 Fair Market Value by 3%. This valuation gap offers $16,566 in Instant Equity for the buyer. Featuring a redesigned kitchen, newer dual-pane windows, and a private backyard with fruit trees, the home maintains a Condition Rating of 3. Located in the desirable Knollwood community with land ownership, this property is an ideal sanctuary for active retirees or downsizing owner-occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3985 Chatham Subject | $425,000* List Price | 2 | 22 | 1,238 | $357 | - |
A 3386 Greenacre Drive Active | $530,000 List Price | 2 | 2 | 1,536 | $345 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1981, the property features a redesigned kitchen, updated modern bathrooms, and newer dual-pane windows. With termite, dry rot, and inspection repairs recently completed, the home is well-maintained and move-in ready.
Located in the Knollwood 55+ community, this property offers the rare advantage of land ownership with no space rent, providing significant long-term value and lower monthly overhead.
The home is move-in ready with completed termite and dry rot repairs, a redesigned kitchen with extensive storage, and updated bathrooms, ensuring a low-maintenance transition for the buyer.
Situated on a raised corner lot with no neighbors directly behind, the property features enhanced privacy, a two-car garage, and a private backyard with mature fruit trees.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4672, other record lot size in square feet = 1662.
As a 55+ age-qualified community, the potential buyer pool is limited, which may impact the speed of resale compared to non-restricted residential neighborhoods.
Built in 1981, the property may still require attention to older underlying systems or structural elements typical of homes from this era, despite recent cosmetic and functional upgrades.
Termite dry rot repairs, along with the home inspection repairs, have been completed, making this home ready for its new owners! Welcome to the desirable Knollwood 55+ community, where you OWN THE LAND—no space rent! This spacious, open, and inviting home has been thoughtfully updated with numerous interior improvements, offering comfortable, low-maintenance living. The beautifully redesigned kitchen is the heart of the home, featuring abundant counter space, extensive cabinetry and drawers, and a large pantry that provides exceptional storage. Newer dual-pane windows enhance energy efficiency while filling the home with natural light. The desirable split-bedroom floor plan provides privacy with two spacious bedrooms and two tastefully updated bathrooms that are fresh, modern, and exceptionally clean. Every improvement has been made with comfort, convenience, and functionality in mind. Conveniently located near Highway 101, shopping, dining, and everyday amenities, this pet-friendly community features wide, tree-lined streets that create a peaceful neighborhood atmosphere. Residents enjoy an active lifestyle with a community clubhouse offering a swimming pool, social events, community gatherings, and recreational activities designed to foster friendships and a true sense of community. Situated on a premium level raised corner lot with no neighbors directly behind, this home offers added privacy and tranquil surroundings. Relax on the sheltered, shaded front patio surrounded by colorful gardens, or unwind in the private backyard featuring multiple fruit trees, a welcoming patio ideal for entertaining, and a storage shed that is included with the property. A spacious two-car garage provides ample parking and additional storage. Enjoy all the benefits of living in a welcoming, age-qualified community while owning the land beneath your home—an increasingly rare and valuable opportunity. Move in with confidence knowing the major termite, dry rot, and home inspection repairs have already been completed, allowing you to simply unpack, settle in, and enjoy everything this wonderful home has to offer.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 22.0 | 0.0 |
| Square foot | 1,238 | - |
| Lot Size | 4,672 | - |
| Price | $425.0K | $701.6K |
| Price per sq ft | $343 | $430 |
| Built year | 1981 | 0 |
| HOA | $279 | $0 |
| Days on market | 11 | 51 |
Jul 11, 2026
$425,000
Initial Listing