
Santa Paula, California 93060
This property presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well above the $631,488 Fair Market Value by 24%. While the home requires significant capital expenditure due to its Condition Rating of 5, the Spanish-style architecture, panoramic mountain views, and large 7,405 sqft lot provide a solid foundation for value-add renovations. Located in an established custom-home neighborhood, this asset is best suited for Fix-and-Flip Investors or experienced contractors capable of modernizing the original 1970s systems and interiors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 557 Munger Drive Subject | $749,000* List Price | 3 | 2 | 1,864 | $325 | - |
A 423 Atmore Sold | $655,000 | 4 | 2 | 1,569 | $417 | 0.5 mi |
B 545 W Santa Paula Street Sold | $780,000 | 3 | 3 | 2,038 | $383 | 0.4 mi |
C 304 Moultrie Place Sold | $675,000 | 3 | 2 | 1,315 | $513 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 and explicitly described as being in 'entirely original condition,' this 54-year-old property exceeds the 30-year threshold for a poor rating without significant renovations. While the structure is described as serviceable, the original kitchen, bathrooms, and systems are well past their expected lifespans and require a full rehab to meet modern standards.
The property is situated on a desirable lot offering stunning panoramic views of the mountains and city lights, providing a high-value backdrop and serene atmosphere.
Located in an established custom-home neighborhood with immediate access to Hwy 126, the home offers a rare combination of suburban tranquility and commuter convenience.
The single-level Spanish-style residence features sturdy 1970s construction and a functional layout, offering a timeless and reliable canvas for modernization.
The home is in entirely original 1970s condition, requiring a comprehensive interior refresh and significant investment to meet modern aesthetic standards.
Given the property's age and original state, buyers should anticipate the need for potential upgrades to major systems such as plumbing, electrical, or HVAC.
Set on a desirable view lot adjacent to Peck Road and just moments from the Hwy 126 entrance, this three-bedroom, two-bath Spanish-style home offers a rare opportunity to own in one of the area's most established custom-home neighborhoods.Built in 1970 and entirely in original condition, the residence is solid, serviceable, and ready for a new owner to refresh it while preserving its timeless architectural charm.The classic single-level layout features generous living spaces and the sturdy construction characteristic of the era.A fireplace adds warmth and character, while large windows invite natural light throughout the home.Outdoors, a brick patio frames a wonderful, open view--an ideal spot for morning coffee, evening gatherings, or simply taking in the peaceful surroundings. The positioning near Peck Road provides both convenience to Hwy 126 and a sense of openness, with custom homes surrounding the property and enhancing the neighborhood's appeal.This is a compelling opportunity for anyone seeking a well-built home with authentic 1970s character, a nice flat lot, and a view setting that's increasingly hard to find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,864 | 1,606.5 | 61% |
| Lot Size | 7,405 | 6,098 | 65% |
| Price | $749.0K | $744.0K | 50% |
| Price per sq ft | $402 | $456 | 35% |
| Built year | 1970 | 1974 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 136 | 7% |
May 27, 2026
$749,000
$789,000
-5% Price Drop
Initial Listing
May 6, 2026
$789,000
Initial Listing