431 Leighton, Cambria, California 93428, Cambria, 93428 - 4 bed, 4 bath
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Cambria, California 93428
This Multigenerational Value-Add Property represents a Strong Value Opportunity with a List Price of $875,000—positioned well below the $934,344 Fair Market Value by 6%. This valuation gap provides $59,344 in Instant Equity for buyers prepared to modernize its Condition Rating of 5. The asset features a separate 2-bedroom guest suite and County Vacation Rental eligibility just steps from Fiscalini Ranch trails. It is a high-upside acquisition ideal for Buy-and-Hold Investors or Multi-generational Families looking to build coastal equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 Leighton Subject | $875,000* List Price | 4 | 4 | 2,544 | $367 | - |
A 470 Wellington St Active | $899,000 List Price | 3 | 2 | 2,021 | $445 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 and appearing largely in original condition, the property exceeds the 30-year threshold for a poor rating. The kitchen and living areas feature dated wood paneling, laminate countertops, and vintage appliances. The listing's 'value-add' description and the age of the visible systems and finishes indicate a need for a comprehensive rehab to meet modern standards.
Situated in the highly desirable Park Hill Plateau, the property offers exceptional proximity to Moonstone Beach, Fiscalini Ranch trails, and the West Village, epitomizing the 'Location, Location, Location' mantra.
The flexible 2,500+ sq ft floorplan features a separate entrance for a 2-bedroom guest suite, making it ideal for multigenerational living or a primary residence with a dedicated rental unit.
Currently eligible for a County Vacation Rental permit, this property presents a rare opportunity to generate significant short-term rental income in a high-demand Central Coast tourism market.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3500, living area = 2544.
Built in 1979 and marketed as a 'value-add opportunity,' the home likely requires capital investment for cosmetic and functional updates to compete with modern luxury standards.
With a substantial 2,544 sq ft structure on a modest 3,500 sq ft lot, the property offers minimal yard space, which may be a drawback for buyers seeking extensive private gardens or outdoor play areas.
Tucked away in one of Cambria's most desirable neighborhoods -the sunny Park Hill Plateau- 431 Leighton Street offers an exceptional opportunity to enjoy the very best of Central Coast living! Situated just blocks from the blue Pacific, family friendly Shamel Park, the Moonstone Beach boardwalks, and the famed West Village of Cambria - as well as just steps from the 280 acre +/- Fiscalini Ranch with its miles of bluff top and forested trails, this property captures all the Capital "L's"..Location, Location, Location! The home offers a flexible floorplan at 2500+/- sq ft of living space, 4 bedrooms, 4 baths with a seperate entrance to the the 2 bedroom/ 2 bath guest/mother in-law suites. This is an ideal home for multigenerational living, primary residence, second home, or creative use as a income producing rental. The property is currently ELIGIBLE for a County Vacation Rental permit. Positioned for both lifestyle and income potential, this home presents a compelling value-add opportunity, and with strong appeal for short or long term rental income, buyers can explore options to maximize returns while enjoying personal use throughout the year. Whether you are drawn by the peaceful ambience of Cambria Village living, the proximity to the Pacific and pristine open spaces, or the investment opportunities, 431 Leighton is a rare find offering versatility, location, and opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 87% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,544 | 1,545 | 87% |
| Lot Size | 3,500 | 5,250 | 30% |
| Price | $875.0K | $920.0K | 40% |
| Price per sq ft | $344 | $648 | 6% |
| Built year | 1979 | 1983 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 191 | 2% |
Apr 17, 2026
$875,000
Initial Listing