
Santa Maria, CA 93455
This property presents a High-Potential Investment Opportunity with a List Price of $719,000—positioned well above the $666,951 Fair Market Value by 7%. While the price reflects a premium, the 4/10 Condition Rating and "diamond in the rough" status offer significant upside for forced appreciation through strategic renovations. Featuring a large 7,405 sqft lot and a functional single-story layout in the prestigious Orcutt School District, this asset is ideal for Fix-and-Flip Investors or handy owner-occupants looking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 477 Highland Drive Subject | $719,000* List Price | 3 | 2 | 1,215 | $549 | - |
A 218 Highland Sold | $675,000 | 3 | 2 | 1,215 | $556 | 0.3 mi |
B 463 Highland Drive Sold | $680,000 | 3 | 2 | 1,395 | $487 | 0.0 mi |
C 311 Jullien Sold | $665,000 | 3 | 2 | 1,323 | $503 | 0.2 mi |
D 380 Highland Drive Sold | $740,000 | 3 | 2 | 1,495 | $495 | 0.1 mi |
E 1203 Bauer Sold | $770,000 | 3 | 2 | 1,264 | $609 | 1.0 mi |
F 5432 Orcutt Sold | $665,000 | 3 | 2 | 1,131 | $588 | 0.4 mi |
G 357 El Cerrito Sold | $767,357 | 3 | 2 | 1,596 | $481 | 0.3 mi |
H 780 Via Vista Verde Sold | $771,000 | 3 | 2 | 1,612 | $478 | 0.4 mi |
I 393 Mountain View Active | $719,000 List Price | 3 | 2 | 1,215 | $592 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this nearly 50-year-old home is described as a 'diamond in the rough' needing TLC. While it features fresh paint and new carpet, the kitchen remains dated with original cabinetry and older finishes, and the bathrooms likely require similar modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1215.
Situated in a highly desirable neighborhood within the prestigious Orcutt School District, offering easy access to Old Town Orcutt’s wineries, dining, and community events.
As a 'diamond in the rough,' this property presents a significant opportunity for investors or handy homeowners to build equity through strategic renovations and updates.
The property is explicitly described as needing 'TLC' and updating, indicating that the buyer will likely face immediate costs for repairs and cosmetic improvements.
Built in 1976, the home may require modernization of major systems or interior finishes to meet current market standards and energy efficiency expectations.
Welcome to this charming single-story, 3-bedroom, 2-bath home located in a desirable Orcutt neighborhood. A true diamond in the rough, this property offers wonderful potential and, with some updating and a little TLC, could become the perfect place to call home. Located within the highly regarded Orcutt School District and just minutes from the charm of Old Town Orcutt, you'll enjoy convenient access to local wineries, coffee shops, bakeries, the library, community events, dining, and more. Enjoy the best of small-town living in a peaceful setting while still being close to everyday conveniences. Bring your ideas and make this home your own. Don't miss this opportunity. Call your favorite Realtor today to schedule a showing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,215 | 1,879.563 |
| Lot Size | 7,405 | 7,495.402 |
| Price | $719.0K | $747.3K |
| Price per sq ft | $592 | $433 |
| Built year | 1976 | 1982 |
| HOA | $0 | $170 |
| Days on market | 12 | 56 |
Aug 28, 2026
$719,000
Initial Listing