
Shandon, California 93461
This Fixer-Upper Residential Asset represents a significant Value-Add opportunity within the Shandon Joint Unified district. Listed at $550,000, the property is positioned near its $515,702 Fair Market Value, with the valuation supported by an expansive 3,092 sqft interior and a massive 15,000 sqft lot. Featuring Solar Panels and Scenic Hill Views, the home offers a strong structural foundation despite a Condition Rating of 4. The 2015 updates provide a baseline for a strategic cosmetic overhaul to drive forced appreciation. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 480 Mesa Grande Drive Subject | $550,000* List Price | 5 | 4 | 3,092 | $167 | - |
A 465 Mesa Grande Drive Sold | $555,000 | 5 | 3 | 2,661 | $209 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is explicitly described as a fixer-upper requiring cosmetic updates. While it benefited from a 2015 remodel including stainless steel appliances and solar panels, the 1976 original construction is evident in the dated infrastructure and worn finishes. It is functional and maintained but requires significant aesthetic modernization and repair to reach current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 3092.
With over 3,000 square feet of living area and five bedrooms on a massive 15,000 square foot lot, this property offers exceptional scale and versatility for large families or multi-generational living.
The inclusion of solar panels provides a significant long-term value proposition by reducing monthly utility costs and enhancing the home's overall sustainability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3092, other record living area = 1778.
The home requires significant cosmetic updates and repairs, which will necessitate additional immediate capital investment from the buyer to reach its full potential.
Originally built in 1976, the property may require modernization of older systems or structural elements beyond the 2015 remodel to meet contemporary standards.
This spacious 3,100 sq ft home offers 5 bedrooms, 3.5 bathrooms, and a versatile bonus room upstairs. Located on a 15,000 sq ft lot with stunning hill views, it provides ample space for a growing family. Built in 1976 and remodeled in 2015, the home features a large walk-in closets, a 2-car garage, and additional parking for multiple vehicles. Solar panels help reduce energy costs. While the home is a fixer-upper and requires cosmetic updates, it’s a fantastic opportunity to customize and create your dream space. Just 20 minutes from Paso Robles, this home combines privacy, potential, and a great location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 3,092 | 1,281 | 83% |
| Lot Size | 15,000 | 8,365 | 67% |
| Price | $550.0K | $502.0K | 83% |
| Price per sq ft | $178 | $379 | 17% |
| Built year | 1976 | 1993 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 199 | 67% |
Feb 26, 2026
$550,000
Initial Listing
Sep 17, 2025
$565,000
Initial Listing
Jul 7, 2020
$500,000
Public Record
Dec 23, 2015
$396,000
Public Record
Apr 17, 2015
$82,000
Public Record
Mar 26, 1999
$128,000
Public Record