470 Wellington St, Cambria, California 93428, Cambria, 93428 - 3 bed, 2 bath
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Cambria, California 93428
This coastal property represents a Strong Value Opportunity with a List Price of $899,000—positioned well below the $951,096 Fair Market Value by 5%. This valuation gap provides $52,096 in Instant Equity for buyers prepared to address a Condition Rating of 5, which requires structural repairs and a kitchen ceiling rehabilitation. Located in the prime Lodge Hill area with an Ocean View and vaulted ceilings, the home offers significant upside through modernization. It is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-equity coastal project.
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 | $414 | - |
A 5370 Pembrook Sold | $965,000 | 3 | 3 | 1,951 | $495 | 0.4 mi |
B 333 Hastings Street Pending | $899,000 List Price | 2 | 3 | 1,627 | $553 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property shows significant signs of deferred maintenance and structural damage, most notably a large hole in the kitchen ceiling with exposed insulation. Built in 1974, the home features largely outdated interiors including parquet flooring, 1970s-style wood paneling, and aged cabinetry. While some kitchen appliances are stainless steel, the overall condition requires substantial rehabilitation and repair to address safety and modernization needs.
Situated in the highly desirable Lodge Hill area, this property offers a serene setting just minutes from Cambria’s coastline, scenic trails, and local dining.
The 2,021 sqft interior features vaulted ceilings and an open-concept living area that maximizes natural light and captures ocean views.
Surrounded by mature trees, the home includes functional outdoor spaces ideal for gardening and relaxing in a tranquil, wooded environment.
Built in 1974, the home may require capital improvements or modernization of major systems and finishes to meet contemporary standards.
The 3,500 sqft lot is relatively small for the area, which may limit privacy and restrict significant outdoor expansions or large-scale landscaping.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,021 | 1,545 | 72% |
| Lot Size | 3,500 | 5,250 | 30% |
| Price | $899.0K | $920.0K | 43% |
| Price per sq ft | $445 | $648 | 11% |
| Built year | 1974 | 1983 | 38% |
| HOA | $300.0 | $0 | 98% |
| Days on market | 51 | 191 | 4% |
Mar 2, 2026
$899,000
Initial Listing
Dec 22, 2025
$5,000
Public Record
Dec 4, 1998
$295,000
Public Record