470 Wellington St, Cambria, California 93428, Cambria, 93428 - 3 bed, 2 bath
470 Wellington St
Cambria, California 93428
Property Price
SUMMARY
Analysis of 470 Wellington St, Cambria, California 93428 reveals a Prime Investment Opportunity with a current list price of $899,000—significantly undercutting the $932,101 Fair Market Value by 3%. This valuation gap indicates a +$33,101 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cambria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 Wellington St Subject | $899,000* List Price | 3 | 2 | 2,021 | $461 | - |
A 646 Worcester Drive Sold | $940,000 | 3 | 2 | 1,977 | $475 | 0.6 mi |
B 5370 Pembrook Sold | $965,000 | 3 | 3 | 1,951 | $495 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1974, this property is well-maintained and functional but shows signs of its age. The description of a 'functional' kitchen and 'ample cabinetry' suggests older styles rather than modern updates. While the home is move-in ready and features desirable architectural elements like vaulted ceilings, it likely requires cosmetic and system updates to meet contemporary standards, consistent with a property over 50 years old that has undergone regular upkeep but no recent major renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Coastal Ocean Views
The property features desirable ocean views and is situated in the sought-after Lodge Hill area, providing a serene and highly valued coastal atmosphere.
- Spacious Architectural Design
With over 2,000 square feet of living space, the home offers vaulted ceilings and an open-concept layout that maximizes natural light and interior volume.
- Prime Location
Conveniently located near scenic trails, local dining, and the coastline, offering an ideal balance of secluded privacy and community accessibility.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 3,500-square-foot lot is relatively small for a home of this size, which may restrict outdoor recreation, gardening, or future footprint expansion.
- Property Age
Built in 1974, the residence may require capital improvements or updates to its original systems and finishes to meet modern energy and aesthetic standards.
About 470 Wellington St
Charming coastal retreat in the desirable Lodge Hill area of Cambria. Surrounded by mature trees, this inviting home offers a peaceful setting just minutes from the ocean. The bright and open living area features vaulted ceilings, abundant natural light, and a cozy fireplace. The kitchen provides ample cabinetry and functional workspace, flowing seamlessly into the dining and living areas for easy entertaining. Comfortable bedrooms offer privacy and tranquil views. Enjoy outdoor space perfect for relaxing, gardening, or taking in the coastal breeze. Conveniently located near shops, restaurants, scenic trails, and Cambria’s beautiful coastline.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,021 | 1,528 | 79% |
| Lot Size | 3,500 | 5,775 | 32% |
| Price | $899.0K | $904.5K | 47% |
| Price per sq ft | $445 | $649 | 8% |
| Built year | 1974 | 1983 | 32% |
| HOA | $300.0 | $0 | 98% |
| Days on market | 5 | 196 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$899,000
Initial Listing
Sold
Dec 22, 2025
$5,000
Public Record
Sold
Dec 4, 1998
$295,000
Public Record