509 Colbert Drive, Lompoc, CA 93436, Lompoc, 93436 - 3 bed, 2 bath
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509 Colbert Drive
Lompoc, CA 93436
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,662Sq Ft
6,970Lot Size
Property Price
LIST PRICE$687,000
EST. MARKET VALUE
$651,376
5% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $687,000—positioned well above the $648,213 Fair Market Value by 5%. While priced at a premium, the home offers significant lifestyle appeal with a Fair Condition Rating, featuring a gourmet kitchen with stainless steel appliances and a private backyard oasis complete with a hot tub and producing fruit trees. The flexible floor plan includes a dedicated den/office and no HOA fees. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready retreat.
Estimated Market Value
$651,376
Based on Realkey algorithm analyzing recent comparable sales in Lompoc.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Colbert Drive Subject | $687,000* List Price | 3 | 2 | 1,662 | $392 | - |
A 1017 N 7th Street Sold | $600,000 | 3 | 2 | 1,558 | $385 | 0.9 mi |
B 1257 Stonebrook Sold | $612,000 | 3 | 3 | 1,662 | $368 | 0.7 mi |
C 933 Bellflower Lane Sold | $609,000 | 3 | 2 | 1,410 | $432 | 0.9 mi |
D 1205 E Oak Avenue Sold | $560,000 | 3 | 2 | 1,286 | $435 | 0.9 mi |
E 1213 Iris Court Sold | $580,000 | 3 | 2 | 1,325 | $438 | 1.0 mi |
F 1248 Stonebrook Sold | $685,000 | 4 | 3 | 2,263 | $303 | 0.7 mi |
G 400 E Cherry Avenue Active | $750,000 List Price | 5 | 3 | 1,580 | $475 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the property falls into the 'Fair' category due to its age and dated features. While the kitchen has been partially refreshed with newer stainless steel appliances and a composite sink, the oak cabinetry and countertops appear original or aged. The home is well-maintained and move-in ready, but the overall aesthetic and primary systems (kitchen/baths) are over 20 years old and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Private Outdoor Oasis
The backyard serves as a secluded retreat featuring a hot tub, gazebo, and a variety of producing fruit trees, offering an exceptional space for relaxation and entertaining.
- Upgraded Gourmet Kitchen
The kitchen is highly functional and modern, featuring premium stainless steel appliances, a five-burner gas range with double ovens, and a stylish composite farm sink.
- Flexible Layout & No HOA
With a dedicated den/office space and vaulted ceilings, the home offers a versatile floor plan with the added financial benefit of no monthly homeowner association fees.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Given the 1986 construction date, buyers may need to budget for future updates to major systems such as the roof or HVAC if they have not been recently replaced.
- Premium Price Point
The listing price reflects a significant premium for the Lompoc market, which may impact appraisal values or limit the pool of qualified buyers.
About 509 Colbert Drive
Wonderful Celebrity home on northeast side of town. No HOA. This home has so much to offer - inside & outside. 3 bedrooms plus a den/office room. Kitchen has stainless steel appliances including a gas range with 5 burners & 2 ovens. Lots of cabinets, including a pantry cabinet and plenty of counter space & a breakfast bar. Pull out drawer in some cabinets. Newer composite farm style sink with prep accessories that fit sink. Engineered wood flooring in several rooms. Recessed lighting added in several rooms. Overhead lighting in all bedrooms. Living room & primary bedroom have vaulted ceilings. Gas log fireplace in living room with heatilator. 2 sinks in the primary bathroom & the hall bath too. Hall bath has a linen closet built in. Primary bedroom has a walk-in closet & sliding door exit to the back yard where your hot tub awaits. Double door entry to home with foyer. Cabinets & counter space in garage. Also a utility sink. Very private retreat in back yard. Relax in the hot tub or under the gazebo surrounded by many fruit trees. Trees include fig, apple, lemon & plum, all producing. Enjoy the shade in the secluded area off the dining room. This is one you will want to see, call today for an appointment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,970 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 | 1,662 | 1,651.824 |
| Lot Size | 6,970 | 7,302.706 |
| Price | $687.0K | $680.4K |
| Price per sq ft | $413 | $428 |
| Built year | 1986 | 1976 |
| HOA | $0 | $129 |
| Days on market | 39 | 60 |
Pricing History
Listed for Sale
Aug 1, 2026
$687,000
Initial Listing
Sold
Mar 2, 2016
$335,000
Public Record
Sold
Jun 29, 2010
$285,000
Public Record
Sold
Sep 17, 2002
$315,000
Public Record
Sold
Nov 8, 2000
$221,000
Public Record