500 Agnes Avenue, Santa Maria, CA 93458, Santa Maria, 93458 - 3 bed, 2 bath
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500 Agnes Avenue
Santa Maria, CA 93458
PENDING
CONDITION: POOR
3Beds
2Baths
1,200Sq Ft
6,534Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$543,464
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned well below the $543,464 Fair Market Value by 2%. This valuation gap offers $14,464 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a newer roof and furnace, providing a solid foundation for cosmetic updates. The expansive 6,534 sq. ft. lot offers significant ADU potential for added value. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Estimated Market Value
$543,464
Based on Realkey algorithm analyzing recent comparable sales in Santa Maria.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Agnes Avenue Subject 3 bd · 2 ba · 1,200 sqft · $453 | $529,000* List Price | 3 | 2 | 1,200 | $453 | - |
A 911 W Orchard Sold 3 bd · 2 ba · 1,508 sqft · $411 · 0.3 mi | $620,000 | 3 | 2 | 1,508 | $411 | 0.3 mi |
B 1024 Winston Sold 2 bd · 2 ba · 1,032 sqft · $528 · 0.8 mi | $545,000 | 2 | 2 | 1,032 | $528 | 0.8 mi |
C 971 W Harding Sold 3 bd · 2 ba · 1,040 sqft · $524 · 0.5 mi | $545,000 | 3 | 2 | 1,040 | $524 | 0.5 mi |
D 1806 Woodlawn Sold 3 bd · 2 ba · 1,276 sqft · $488 · 0.8 mi | $622,500 | 3 | 2 | 1,276 | $488 | 0.8 mi |
E 412 W Monroe Pending 3 bd · 2 ba · 1,120 sqft · $335 · 0.5 mi | $375,000 List Price | 3 | 2 | 1,120 | $335 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956, this property is over 65 years old and retains a highly dated interior, including an original-style pink tile bathroom and aged kitchen cabinetry. While the roof and furnace are newer, the overall condition requires a full rehab to address significant cosmetic dating and visible wear on walls and surfaces, fitting the 'investor opportunity' description.
PROSSTRENGTHS & OPPORTUNITIES
- Key Infrastructure Upgrades
The property features a newer roof and a new forced air furnace, significantly reducing immediate capital expenditure for big-ticket maintenance items.
- Development Potential
Situated on a generous 6,534 sq. ft. lot, the property offers excellent potential for an Accessory Dwelling Unit (ADU), providing an opportunity for rental income or increased property value.
- Value-Add Opportunity
With a functional floor plan and a price point reflecting its current state, this home presents a prime opportunity for investors or buyers to build equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- Deferred Modernization
The home requires significant interior updating to meet contemporary standards, which will necessitate additional upfront investment and labor from the buyer.
- Vintage Construction Limitations
Built in 1956, the property may have aged systems or structural elements typical of its era that could require further investigation and potential repair during the renovation process.
About 500 Agnes Avenue
Calling all investors and buyers looking for a great opportunity in Santa Maria. 500 W Agnes Avenue offers 3 bedrooms, 2 bathrooms, 1,200 sq. ft. of living space on a 6,534 sq. ft. lot with a functional floor plan, newer roof, and new forced air furnace. The home could use some updating but offers plenty of potential to make it your own or add value. The large lot may also offer ADU potential, buyer to verify feasibility with the City of Santa Maria. Great opportunity with key improvements already completed and plenty of upside.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,817.181 |
| Lot Size | 6,534 | 7,535.591 |
| Price | $529.0K | $739.8K |
| Price per sq ft | $441 | $434 |
| Built year | 1956 | 1984 |
| HOA | $0 | $159 |
| Days on market | 8 | 53 |
Pricing History
Listed for Sale
Sep 29, 2026
$529,000
Initial Listing