
Nipomo, California 93444
This Versatile Residential Property is a High-Potential Investment Opportunity, listed at $1,319,000—positioned above the $1,196,576 Fair Market Value. While priced at a premium, the property offers significant utility through its 1.15-acre lot and a fully converted ADU, providing immediate rental income potential or multi-generational living. With a Condition Rating of 4, the home features a modernized primary suite alongside original 1989-era finishes, allowing for value-add cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating estate in the Lucia Mar Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 448 Pomeroy Subject | $1,319,000* List Price | 4 | 3 | 2,203 | $543 | - |
A 825 Sandydale Sold | $1,087,415 | 3 | 3 | 1,778 | $612 | 0.1 mi |
B 1089 Olympic Sold | $1,339,386 | 3 | 3 | 2,488 | $538 | 0.8 mi |
C 745 Inga Sold | $1,315,000 | 3 | 2 | 2,433 | $540 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained but largely dated. While the primary suite and flooring have received recent updates, the kitchen and secondary bathrooms feature original cabinetry, tile countertops, and fluorescent lighting typical of the late 80s, falling into the >20-year dated category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 2203.
The property features a fully converted shop-to-ADU with a kitchen and laundry, providing excellent opportunities for rental income, multi-generational living, or a private home office.
Situated on a 1.15-acre lot, the property offers rare flexibility for country living, including ample space for livestock, hobby farming, and the addition of future workshops or outbuildings.
The extensive 1.15-acre grounds, additional ADU structure, and outdoor amenities like the hot tub and pergola will require significant ongoing time and financial investment for upkeep.
With an original build date of 1989, certain core systems or structural elements may be approaching the end of their functional lifespan, potentially necessitating future capital improvements.
Welcome to 448 Pomeroy Road, a beautiful 4-bedroom, 2.5-bath home offering approximately 2,200 square feet of living space and the perfect blend of comfort, versatility, and country living. Situated on a generous 1.15 acre lot in Nipomo, this property offers wide-open spaces, room to entertain, and endless possibilities for expansion and outdoor enjoyment. Inside, you'll find a spacious family room, dining area, and inviting living room just off the kitchen. Beautiful Saltillo tile accents the entryway, kitchen, and den, while luxury wood-look vinyl plank flooring adds warmth and durability throughout much of the home. The expansive primary suite serves as a private retreat, featuring a cozy freestanding gas stove fireplace, sitting area, luxurious soaking tub, large walk-in closet, custom cabinetry, elegant stone countertops, and a beautifully updated travertine-tile walk-in shower. The backyard is designed for entertaining with an expansive pergola, green lawns, and a relaxing hot tub, creating the perfect setting for gatherings, Santa Maria-style barbecues, and peaceful evenings at home. A standout feature of the property is the shop that has been converted into a beautifully appointed ADU, complete with one bedroom, one bathroom, indoor laundry, an open-concept kitchen, dining area, and comfortable living room. Whether used for guests, a private office, hobby space, or rental income potential, the possibilities are endless. Additional highlights include a spacious three-car garage, ample parking, and plenty of room for future workshops, barns, recreational amenities, or other outbuildings. The expansive grounds offer space for gardening, livestock, hobby farming, and a variety of outdoor activities. Located in the highly desirable community of Nipomo, known for its agricultural heritage, strong sense of community, recreational opportunities, and active sports organizations, this property offers the tranquility of country living while remaining close to shopping, dining, golf, parks, beaches, and all that the Central Coast has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,203 | 2,083.5 | 53% |
| Lot Size | 50,094 | 9,591.5 | 95% |
| Price | $1.32M | $1.12M | 69% |
| Price per sq ft | $599 | $537 | 66% |
| Built year | 1989 | 2003 | 23% |
| HOA | $0 | $63 | 50% |
| Days on market | 5 | 131 | 3% |
Jun 1, 2026
$1,319,000
Initial Listing
May 8, 2009
$425,000
Public Record
Oct 6, 2006
$665,000
Public Record