470 Warwick, Cambria, California 93428, Cambria, 93428 - 2 bed, 2 bath
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Cambria, California 93428
This Coastal Value-Add Asset is listed at $799,000, representing a stable entry point near its $776,434 Fair Market Value. Situated in the prestigious Happy Hill neighborhood, the residence carries a Condition Rating of 4, as it remains in well-maintained but original 1980s condition. Featuring Ocean Views, vaulted wood ceilings, and proximity to Moonstone Beach, the property offers substantial upside through interior modernization. Located in the Coast Unified School District, this is an ideal project for Fix-and-Flip Investors or Contractors seeking to leverage forced appreciation in a supply-constrained coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 Warwick Subject | $799,000* List Price | 2 | 2 | 1,500 | $518 | - |
A 5370 Pembrook Sold | $965,000 | 3 | 3 | 1,951 | $495 | 0.4 mi |
B 646 Worcester Drive Sold | $940,000 | 3 | 2 | 1,977 | $475 | 0.6 mi |
C 333 Hastings Street Active Under Contract | $899,000 List Price | 2 | 3 | 1,627 | $553 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is in well-maintained but largely original condition. The kitchen features dated oak cabinetry, tile countertops with wide grout lines, and a fluorescent light box, while the living areas contain older carpeting and 80s-style wood paneling. Although the home offers high-quality architectural features like vaulted wood ceilings and is move-in ready, it requires significant cosmetic updates and modernization of fixtures and finishes to meet current 'good' or 'excellent' standards.
Situated in the desirable Happy Hill neighborhood, the property is just minutes from Moonstone Beach, scenic walking trails, and the charming shops and restaurants of Cambria's West Village.
The home features an enclosed patio with terra-cotta tile and ocean views, complemented by a family room with vaulted wood ceilings and a cozy wood-burning fireplace.
The 1,500-square-foot floor plan offers an open feel with high ceilings and a lower-level bedroom that provides direct access to the rear yard, enhancing indoor-outdoor flow.
Built in 1980, the property is presented as an opportunity for updates, indicating that the interior likely requires cosmetic or functional renovations to meet modern standards.
With only two bedrooms, the property may be less attractive to larger families or buyers seeking additional space for a home office or guest rooms.
Located in the desirable Happy Hill neighborhood of Cambria, this property offers a prime coastal setting just minutes from Moonstone Beach, scenic walking trails, and the charming West Village with its inviting shops and restaurants. From the moment you enter, the home presents an open and airy feel, highlighted by a vaulted wood ceiling family room with a wood-burning fireplace that creates a warm and inviting focal point. A convenient half bath is located just off this main living area. Adjacent to the family room is an enclosed patio featuring terra-cotta tile and ocean views, providing a comfortable space to relax and take in the coastal setting. Downstairs, you will find two bedrooms and a full bathroom, with one bedroom offering direct access to the rear yard. This property presents a great opportunity for a buyer to update and customize to their own style while enjoying an exceptional location on Happy Hill.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,528 | 47% |
| Lot Size | 3,500 | 5,250 | 30% |
| Price | $799.0K | $920.0K | 26% |
| Price per sq ft | $533 | $648 | 30% |
| Built year | 1980 | 1983 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 191 | 2% |
Apr 1, 2026
$799,000
Initial Listing
Dec 18, 1997
$220,000
Public Record