
Santa Maria, CA 93454
Analysis of 559 Tepusquet Road, Santa Maria, CA 93454 is currently available with a list price of $699,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Santa Maria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
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of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor and outdated condition.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.
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.
This property boasts a significant 40-acre, oak-studded parcel, offering vast land for privacy, potential expansion, or agricultural pursuits, alongside picturesque natural surroundings.
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.
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.
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.
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.
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!
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 | 2,024 | 1,496 | 85% |
| Lot Size | 1,781,604.125 | 6,970 | 96% |
| Price | $700.0K | $649.5K | 65% |
| Price per sq ft | $346 | $444 | 17% |
| Built year | 1987 | 1975 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 385 | 181 | 98% |
Apr 2, 2025
$699,999
Initial Listing
Oct 21, 2022
$650,000
Public Record
Sep 15, 2017
$560,000
Public Record
Jul 27, 2010
$53,000
Public Record
Oct 31, 2006
$597,000
Public Record
Jun 29, 2001
$259,000
Public Record
Jun 5, 1997
$100,000
Public Record