
NEW CUYAMA, CA 93254
This Income-Producing Residential Asset is listed at $263,000, currently positioned above its $242,327 Fair Market Value. The property’s investment appeal is driven by immediate rental income and a Condition Rating of 4, supported by recent Structural Integrity improvements. The expansive 10,018 sq ft lot provides significant upside for ADU development, while the interior features vintage charm and hardwood floors. Complemented by a patio and mountain and valley views, this is a strategic acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers targeting long-term growth in the Cuyama Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4810 Cebrian Avenue Subject | $230,000* List Price | 3 | 1 | 1,014 | $229 | - |
A 4820 Sisquoc Street Sold | $239,000 | 3 | 1 | 1,292 | $185 | 0.1 mi |
B 4772 Cebrian Sold | $227,500 | 2 | 1 | 900 | $253 | 0.1 mi |
C 4814 Cebrian Avenue Active | $254,500 List Price | 3 | 1 | 1,040 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but shows significant age-related dating. While the hardwood floors are in good condition and the exterior appears solid, the kitchen and bathroom feature vintage 1950s-style cabinetry, tiling, and fixtures that have not been modernized. It meets the criteria for a property over 20 years old that is functional but outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1014.
The property is currently tenant-occupied, providing immediate cash flow and making it an attractive turnkey option for 1031 exchange buyers or investors.
Recent seller-completed structural improvements enhance the home's long-term stability and provide significant buyer confidence regarding the property's condition.
A three-bedroom home with only one bathroom may be a drawback for larger families and could limit the property's competitive edge in the rental market.
Situated roughly an hour from major urban centers like Bakersfield and Santa Maria, the property's isolation may limit its appeal to a niche buyer pool.
Sun-filled 3BR/1BA single-level home in New Cuyama's Enchanted Valley, offering desert light, wide-open skies, and a relaxed small-town pace. Conveniently located about one hour from Bakersfield, Santa Maria, and the Central Coast, this property delivers both accessibility and escape. Currently tenant-occupied, providing immediate income with upside potential. The home has benefited from seller-completed structural improvements, enhancing long-term integrity and buyer confidence. Interior features include hardwood floors, a bright living room, functional kitchen with vintage cabinetry, and flexible living spaces throughout. The spacious lot offers room to garden, expand, or create additional outdoor living. The Cuyama Valley groundwater adjudication ruling provides increased clarity and long-term stability for local water resources, a meaningful advantage for long-term ownership. The valley continues to gain attention with agriculture, renewable energy, and regional industry nearby, along with community hubs like the Blue Sky Center and the Cuyama Buckhorn. Its central location connects to Santa Maria, Bakersfield, and the Central Coast corridor. Income-producing, improved, and positioned for future growth--an excellent opportunity for investors, 1031 exchange buyers, or future owner-occupants looking to secure a foothold in Santa Barbara County's Enchanted Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,014 | 1,292 | 40% |
| Lot Size | 10,018 | 10,019 | 40% |
| Price | $230.0K | $239.0K | 40% |
| Price per sq ft | $227 | $188 | 60% |
| Built year | 1953 | 1952 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 218 | 20% |
Apr 10, 2026
$230,000
$239,900
-4% Price Drop
Initial Listing
Apr 1, 2026
$239,900
$263,000
-9% Price Drop
Initial Listing
Feb 14, 2026
$263,000
Initial Listing
Feb 17, 2022
$179,000
Public Record