431 Leighton, Cambria, California 93428, Cambria, 93428 - 4 bed, 4 bath
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Cambria, California 93428
This Value-Add Coastal Residence 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 address the Condition Rating of 5. Located in the premier Park Hill Plateau, the property features a flexible floorplan with a separate guest suite and is eligible for a County Vacation Rental permit. This high-potential asset is ideal for Fix-and-Flip Investors or Multi-generational Buyers seeking a coastal project with significant ROI potential.
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 with no evidence of significant renovations in over 30 years. The kitchen is highly dated with original wood paneling, laminate countertops, and 1970s-era built-in appliances. The interior features popcorn ceilings, older carpeting, and dated fixtures throughout, indicating a need for a full cosmetic and systems rehab.
Situated in the highly coveted Park Hill Plateau, the property offers exceptional proximity to Moonstone Beach, Shamel Park, and the extensive trail system of the Fiscalini Ranch Preserve.
The flexible 2,500+ sq. ft. floorplan includes a separate exterior entrance for a 2-bedroom guest suite and is currently eligible for a County Vacation Rental permit, offering significant ROI potential.
With 4 bedrooms and 4 bathrooms at a competitive price point, this residence provides substantial square footage and a versatile layout that is rare for the Cambria 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.
The 3,500 square foot lot is relatively small for a home of this size, which may limit private yard utility and garden space for potential buyers.
Built in 1979 and marketed as a value-add opportunity, the property likely requires capital investment for modernization and cosmetic updates to reach its full market potential.
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 both an interior and seperate exterior 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. SLO County says property is currently eligible for a County Vacation Rental permit application. 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 | 82% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 2,544 | 1,654 | 87% |
| Lot Size | 3,500 | 5,600 | 31% |
| Price | $875.0K | $1.11M | 31% |
| Price per sq ft | $344 | $664 | 4% |
| Built year | 1979 | 1982 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 181 | 4% |
Apr 17, 2026
$875,000
Initial Listing