480 Mesa Grande Drive, Shandon, California 93461, Shandon, 93461 - 5 bed, 4 bath
480 Mesa Grande Drive
Shandon, California 93461
Property Price
SUMMARY
Analysis of 480 Mesa Grande Drive, Shandon, California 93461 reveals a property with a current list price of $550,000, which is 6% above the estimated $515,702 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Shandon 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 |
|---|---|---|---|---|---|---|
★ 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Expansive Living Space
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.
- Energy Efficiency
The inclusion of solar panels provides a significant long-term value proposition by reducing monthly utility costs and enhancing the home's overall sustainability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3092, other record living area = 1778.
- Cosmetic Fixer-Upper
The home requires significant cosmetic updates and repairs, which will necessitate additional immediate capital investment from the buyer to reach its full potential.
- Dated Infrastructure
Originally built in 1976, the property may require modernization of older systems or structural elements beyond the 2015 remodel to meet contemporary standards.
About 480 Mesa Grande Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 15,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 86% |
| Square foot | 3,092 | 1,378 | 86% |
| Lot Size | 15,000 | 7,841 | 86% |
| Price | $550.0K | $490.0K | 71% |
| Price per sq ft | $178 | $359 | 14% |
| Built year | 1976 | 1989 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 171 | 193 | 29% |
Pricing History
Listed for Sale
Feb 26, 2026
$550,000
Initial Listing
Price Change
Sep 17, 2025
$565,000
Initial Listing
Sold
Jul 7, 2020
$500,000
Public Record
Sold
Dec 23, 2015
$396,000
Public Record
Sold
Apr 17, 2015
$82,000
Public Record
Sold
Mar 26, 1999
$128,000
Public Record