
Santa Maria, CA 93455
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $830,000—positioned slightly above the $827,176 Fair Market Value. Built in 2011, the home maintains a Good Condition Rating with functional systems and original granite finishes. The flexible floor plan, featuring a versatile loft and downstairs bedroom, caters to modern needs. Located within walking distance of Old Town Orcutt and near schools like Pine Grove Elementary, this property offers a stable, lifestyle-focused acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 412 Penelope Lane Subject 3 bd · 3 ba · 1,724 sqft · $463 | $815,000* List Price | 3 | 3 | 1,724 | $463 | - |
A 387 Penelope Lane Sold 3 bd · 2 ba · 1,427 sqft · $529 · 0.0 mi | $755,000 | 3 | 2 | 1,427 | $529 | 0.0 mi |
B 302 Patterson Sold 3 bd · 2 ba · 1,779 sqft · $424 · 0.9 mi | $755,000 | 3 | 2 | 1,779 | $424 | 0.9 mi |
C 380 Highland Drive Sold 3 bd · 2 ba · 1,495 sqft · $495 · 0.8 mi | $740,000 | 3 | 2 | 1,495 | $495 | 0.8 mi |
D 311 Jullien Sold 3 bd · 2 ba · 1,323 sqft · $503 · 0.8 mi | $665,000 | 3 | 2 | 1,323 | $503 | 0.8 mi |
E 634 Hartnell Active 3 bd · 2 ba · 1,742 sqft · $446 · 0.5 mi | $777,000 List Price | 3 | 2 | 1,742 | $446 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this 15-year-old property falls squarely into the 'Good' category. The home is well-maintained and move-in ready with functional systems. The kitchen features original granite countertops and white cabinetry that remain in good condition, and the flooring appears updated or very well-preserved.
Ideally situated within walking distance to Old Town Orcutt, offering immediate access to local dining, boutiques, and community events for a vibrant lifestyle.
Built in 2011, the floor plan features a versatile downstairs bedroom and a large upstairs loft, providing excellent options for a home office, guest suite, or secondary living area.
The corner lot is professionally landscaped with drought-tolerant plants and mature agaves, paired with a covered patio for effortless outdoor entertaining.
The listing price of $830,000 represents a significant jump from its $775,000 sale price in late 2023, which may challenge buyers' perception of value in the current market.
At 5,227 square feet, the lot is relatively modest for a single-family home in this price bracket, which may not appeal to buyers seeking a large private yard or significant garden space.
Location, lifestyle, and a layout that just makes sense! Built in 2011 and ideally situated within walking distance of charming Old Town Orcutt, this home puts local restaurants, coffee shops, boutiques, and community events right at your fingertips. The thoughtfully designed floor plan offers flexibility for a variety of lifestyles. Downstairs, you'll find a comfortable living area and kitchen, along with an additional bedroom and half bath--perfect for guests, a home office, or added privacy. Upstairs features the primary suite, a second bedroom and full bath, plus a generously sized loft offering plenty of options for a second living space, media room, office, or workout area. Situated on a corner lot, the backyard is designed for easy Central Coast living. A covered patio creates a great spot to relax or entertain, while the terraced landscaping features drought-tolerant plants and impressive mature agaves that add character without demanding your weekends. And the location is hard to beat--approximately 20 minutes to Vandenberg Space Force Base, 30 minutes to the beach, and just minutes from some of the Central Coast's award-winning wineries. Whether you're heading out for dinner in Old Town, a day at the coast, or an afternoon of wine tasting, this home makes it easy to enjoy everything the Orcutt lifestyle has to offer.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,724 | 1,817.181 |
| Lot Size | 5,227 | 7,535.591 |
| Price | $815.0K | $739.8K |
| Price per sq ft | $473 | $434 |
| Built year | 2011 | 1984 |
| HOA | $49 | $159 |
| Days on market | 45 | 53 |
Oct 21, 2026
$815,000
$830,000
-2% Price Drop
Initial Listing
Sep 8, 2026
$830,000
Initial Listing
Oct 12, 2023
$775,000
Public Record
Mar 31, 2022
$775,000
Public Record
Jun 29, 2018
$525,000
Public Record
Mar 15, 2016
$454,000
Public Record
Oct 14, 2011
$337,000
Public Record