559 Tepusquet Road, Santa Maria, CA 93454, Santa Maria, 93454 - 3 bed, 2 bath
ACTIVE$699,999$2,024/sqft
559 Tepusquet Road, Santa Maria, CA 93454
3Beds
2Baths
2,024Sqft
1,781,604.125Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1781604, living area = 2024.
Top Cons:
As-Is Condition & Renovation Required: Explicitly marketed as a 'diamond in the rough' and sold 'as is,' the property will require significant investment, repairs, and renovations to reach its full potential.
Compared to the nearby listings
Price:$700.0K vs avg $649.0K (+$50,999)57%
Size:2,024 sqft vs avg 1,671 sqft72%
Price/sqft:$346 vs avg $39536%
More Insights
Built in 1987 (39 years old).
Condition: Built in 1987, this property is explicitly described as an 'as-is' sale and a 'diamond in the rough' requiring 'significant investment, repairs, and renovations.' The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor and outdated condition. The limited 1.5 bathrooms for a 3-bedroom home further indicates a need for substantial modernization and expansion. The mention of FHA 203(k) financing also points to a property needing significant rehabilitation, aligning with the 'poor' condition criteria.
Year Built
1987
Close
-
List price
$700K
Original List price
-
Price/Sqft
$346
HOA
$0
Days on market
-
Sold On
-
MLS number
SC25065740
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
A TRUE DIAMOND IN THE ROUGHEnjoy peace, quiet, and serenity from this beautiful 40 acre, oak studded property located on the desirable north side of Tepusquet Rd., less than two miles from HWY 166, within 25 minutes of Santa Maria, and 30/40 minutes away from the beach!This ranchette features 3 bedrooms, 1.5 bathrooms with 2024 sq ft of spacious living and a 3500 sq ft warehouse/shop that can utilized for whatever you fancy. The Property shares a well with 555 Tepusquet Rd., has always kept the tank full and has had no known issues with providing an abundance of water. With a little TLC, you can have the property of your dreams!Don't miss out on this rare opportunity, property being sold ''as is'' ''where is''Property may qualify for FHA 203(k) financing, reach out to the lender of your choice and find out Today!
I
Isi Omofoma
Listing Agent
Price History
Date
Event
Price
06/29/01
Sold
$259,000
06/05/97
Sold
$100,000
10/21/22
Sold
$650,000
09/15/17
Sold
$560,000
07/27/10
Sold
$53,000
10/31/06
Sold
$597,000
Condition Rating
Poor
Built in 1987, this property is explicitly described as an 'as-is' sale and a 'diamond in the rough' requiring 'significant investment, repairs, and renovations.' The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor and outdated condition. The limited 1.5 bathrooms for a 3-bedroom home further indicates a need for substantial modernization and expansion. The mention of FHA 203(k) financing also points to a property needing significant rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1781604, living area = 2024.
Expansive Acreage & Natural Beauty: This property boasts a significant 40-acre, oak-studded parcel, offering vast land for privacy, potential expansion, or agricultural pursuits, alongside picturesque natural surroundings.
Privacy & Serenity: Nestled in a rural setting, the property provides exceptional peace, quiet, and tranquility, ideal for those seeking an escape from urban noise and a serene lifestyle.
Large Versatile Outbuilding: A substantial 3500 sq ft warehouse/shop offers immense potential for various uses, including a workshop, storage, business operations, or conversion to other functional spaces.
Reliable Water Source: The shared well has a proven track record of consistently keeping the tank full with no known issues, ensuring an abundant and dependable water supply for the property.
Strategic Location & Accessibility: Located on the desirable north side of Tepusquet Rd., the property offers a balanced rural lifestyle with reasonable access to Santa Maria (25 mins) and the beach (30-40 mins), and is less than two miles from HWY 166.
Cons
As-Is Condition & Renovation Required: Explicitly marketed as a 'diamond in the rough' and sold 'as is,' the property will require significant investment, repairs, and renovations to reach its full potential.
Limited Bathroom Count: The main residence features only 1.5 bathrooms for 3 bedrooms and over 2000 sq ft, which may be considered insufficient for modern living standards or larger households, potentially necessitating an upgrade.
Shared Well Dependency: While currently reliable, the shared well arrangement introduces a dependency on a neighboring property, which could lead to potential future coordination challenges or disputes over maintenance and usage.