427 Olive Street, Paso Robles, California 93446, Paso Robles, 93446 - 3 bed, 3 bath
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Paso Robles, California 93446
This Charming Westside Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $775,660 Fair Market Value by 6%. This valuation gap offers $50,660 in Instant Equity for the incoming buyer. The property maintains a Good Condition Rating, featuring vaulted ceilings, newer laminate flooring, and a spacious primary suite. Located in a high-demand area walkable to downtown Paso Robles, the home features a terraced backyard with scenic city light views. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 427 Olive Street Subject | $725,000* List Price | 3 | 3 | 1,721 | $455 | - |
A 419 Cherokee Court Sold | $645,000 | 3 | 2 | 1,415 | $456 | 1.0 mi |
B 170 Sandcove Lane Sold | $699,000 | 3 | 2 | 1,473 | $475 | 0.9 mi |
C 649 Olive St Sold | $639,900 | 3 | 2 | 1,300 | $492 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready with newer laminate flooring and well-maintained interior spaces. While the kitchen and bathrooms feature original 2005 finishes like tile countertops, they are in functional condition with no immediate renovations required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1721.
Situated in the highly sought-after Westside area, this home offers the exceptional convenience of being within walking distance to downtown Paso Robles' renowned dining, shopping, and tasting rooms.
The interior features vaulted ceilings and an open-concept great room with newer laminate flooring, creating a spacious, bright, and inviting atmosphere for both daily living and entertaining.
The terraced nature of the backyard, while offering great views, may limit the amount of flat, usable space for traditional lawn activities or large play areas.
With a build date of 2005, the property is approaching a 20-year milestone where original major systems such as the roof or HVAC may soon require professional evaluation or replacement.
Charming Westside home. Convenient location within walking distance to downtown. This 3 bedroom 2 1/2 bath home features vaulted ceilings in the great room which includes living room, dining, and kitchen area. Newer laminate flooring adds to the appeal of this home. Wonderful open floor plan with cozy fireplace in the living room. The primary bedroom is spacious with both a soaking tub and a large shower in the on-suite bath. The home also features a 1/2 bath for guests. Views of the downtown and terraced backyard for enjoying the sunrise or summer evenings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,721 | 1,774 | 48% |
| Lot Size | 8,500 | 8,750 | 49% |
| Price | $725.0K | $780.0K | 36% |
| Price per sq ft | $421 | $452 | 37% |
| Built year | 2005 | 1991 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 175 | 5% |
Mar 1, 2026
$725,000
Initial Listing
Oct 24, 2014
$395,000
Public Record
Sep 21, 2012
$332,000
Public Record
Sep 26, 2008
$350,000
Public Record
Oct 13, 2005
$459,000
Public Record
Nov 27, 2002
$230,000
Public Record