4801 Nipomo Drive, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 3 bed, 2 bath
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CARPINTERIA, CA 93013
This property presents a High-Potential Investment Opportunity with a List Price of $1,495,000—positioned well below the $1,716,005 Fair Market Value by 12%. This valuation gap offers $221,005 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet the 12,632 sqft lot and distant mountain views provide significant upside for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic improvements in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4801 Nipomo Drive Subject | $1,495,000* List Price | 3 | 2 | 1,214 | $1,414 | - |
A 1090 Vallecito Road Sold | $1,647,000 | 3 | 2 | 1,031 | $1,597 | 0.5 mi |
B 4253 Carpinteria Avenue Sold | $1,731,000 | 5 | 2 | 0 | 0.7 mi | |
C 5402 Cameo Road Pending | $1,725,000 List Price | 4 | 2 | 1,695 | $1,018 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this home is functional but significantly dated. The kitchen shows a partial renovation likely over 20 years ago with granite countertops and tile flooring, but retains older oak cabinetry and white appliances. The interior features popcorn ceilings, original wood paneling, and worn carpeting, indicating the property requires cosmetic updates and likely system modernizations 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 = 12632, living area = 1214.
The property sits on a generous 12,632 sqft lot, offering significant potential for gardening, outdoor entertaining, or future structural expansions such as an ADU.
Situated in a highly desirable Carpinteria neighborhood, the home provides a serene coastal lifestyle complemented by beautiful mountain views and a sought-after atmosphere.
Built in 1958 and marketed as an opportunity to update, the home likely requires a significant additional investment to modernize its interior finishes and systems.
At just 1,214 square feet, the interior footprint is relatively small for the $1.495M price point, which may feel restrictive for buyers seeking spacious common areas.
Nestled in the desirable coastal community of Carpinteria, this charming single-level home offers three sunny bedrooms and two bathrooms. The living room is centered around a cozy fireplace with a gas starter, complemented by a classic brick hearth and surround, adding warmth and character. The comfortable floor plan provides easy everyday living and a wonderful opportunity to update and personalize the space. Outside, the expansive lot features beautiful mountain views and a spacious lawn area with ample room for gardening, entertaining, or future enhancements. With its sought-after location, generous outdoor space, and incredible potential, the property presents an opportunity to create your ideal Carpinteria retreat. A 2-car garage and an additional single-car carport complete the home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,214 | 1,476 | 30% |
| Lot Size | 12,632 | 7,405 | 78% |
| Price | $1.50M | $1.56M | 26% |
| Price per sq ft | $1.2K | $1.2K | 52% |
| Built year | 1958 | 1969 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 211 | 4% |
Jun 2, 2026
$1,495,000
Initial Listing