5845 Leaf Springs, Santa Maria, CA 93455, Santa Maria, 93455 - 4 bed, 3 bath
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5845 Leaf Springs
Santa Maria, CA 93455
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,536Sq Ft
0Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,079,586
SUMMARY
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $1,050,000—positioned well below the $1,079,586 Fair Market Value by 2%. This valuation gap provides $29,586 in Instant Equity. Featuring a Condition Rating of 2, the home offers a modern 2021 build with a Large Corner Lot and Resort-Style Amenities via the Summit Club. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential asset in the desirable Rice Ranch community.
Estimated Market Value
$1,079,586
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 |
|---|---|---|---|---|---|---|
★ 5845 Leaf Springs Subject 4 bd · 3 ba · 2,536 sqft · $426 | $1,050,000* List Price | 4 | 3 | 2,536 | $426 | - |
A 5812 Lady Bells Sold 4 bd · 3 ba · 2,207 sqft · $512 · 0.2 mi | $1,129,000 | 4 | 3 | 2,207 | $512 | 0.2 mi |
B 5813 Lady Bells Sold 3 bd · 3 ba · 2,536 sqft · $463 · 0.2 mi | $1,175,000 | 3 | 3 | 2,536 | $463 | 0.2 mi |
C 1580 Black Oak Sold 4 bd · 3 ba · 2,400 sqft · $500 · 0.2 mi | $1,200,000 | 4 | 3 | 2,400 | $500 | 0.2 mi |
D 5831 Lady Bells Sold 4 bd · 3 ba · 2,364 sqft · $463 · 0.2 mi | $1,094,000 | 4 | 3 | 2,364 | $463 | 0.2 mi |
E 5861 Lady Bells Sold 3 bd · 3 ba · 1,941 sqft · $528 · 0.2 mi | $1,025,000 | 3 | 3 | 1,941 | $528 | 0.2 mi |
F 1179 Grand Meadow Sold 3 bd · 3 ba · 2,136 sqft · $421 · 0.6 mi | $899,000 | 3 | 3 | 2,136 | $421 | 0.6 mi |
G 1475 Lambs Ear Sold 3 bd · 3 ba · 2,166 sqft · $478 · 0.1 mi | $1,035,000 | 3 | 3 | 2,166 | $478 | 0.1 mi |
H 1158 Flax Drive Sold 3 bd · 3 ba · 2,136 sqft · $419 · 0.6 mi | $895,000 | 3 | 3 | 2,136 | $419 | 0.6 mi |
I 1502 Lambs Ear Pending 4 bd · 3 ba · 2,642 sqft · $409 · 0.0 mi | $1,080,000 List Price | 4 | 3 | 2,642 | $409 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2021, this property is less than 10 years old and features modern systems, contemporary flooring, and an open-concept layout. The primary bathroom is in mint condition with a spa-like freestanding tub and a large modern glass shower. Although the backyard is unlandscaped and ready for customization, the home's structural elements, kitchen, and baths are in near-new condition requiring no major maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10454, living area = 2536.
- Modern Spacious Layout
Built in 2021, this 2,536 sqft home features a contemporary open floor plan with four bedrooms plus a dedicated office, offering excellent versatility for remote work or growing families.
- Premium Corner Lot
Situated on a desirable corner lot within a gated community, the property boasts an unusually large backyard, providing a rare blank canvas for custom landscaping or high-end outdoor entertainment features.
CONSRISKS & DEFICIENCIES
- Interior Cosmetic Needs
Despite being a newer build, the property is noted as needing an interior refresh, suggesting that buyers will need to invest additional time and capital into paint or flooring to bring it to its full potential.
- Recurring Association Costs
The $257 monthly HOA fee represents a significant recurring carrying cost that may impact the overall affordability for buyers compared to non-gated alternatives in the Santa Maria area.
About 5845 Leaf Springs
Welcome to 5845 Leaf Springs Place, located in the desirable Groves at Rice Ranch gated community in Orcutt. This property offers a wonderful opportunity to make a home your own in one of the area's most sought-after neighborhoods. Situated on a corner lot, this location affords an unusually large backyard space that is just waiting for you to develop as your own! Inside you'll find an open, light-filled space complete with four bedrooms plus an office or other flexible-use area. The primary suite is set away from the guest bedrooms and offers backyard access plus a spa-like bathroom with generous walk-in closet. The property is ready to be refreshed inside, giving the new owner the opportunity to truly customize to their taste. Ownership in The Groves includes access to the exclusive Summit Club, complete with clubhouse, pool, spa, workout space, sports courts, plus bbq and picnic areas with firepits. This south Orcutt location gives close proximity to so much -- schools, Orcutt Community park, shopping and dining, plus charming Old Town Orcutt. Plus this is an ideal location for those commuting to SLO or Vandenberg SFB! Come and see what life in Rice Ranch is all about!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $257 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,536 | 1,817.181 |
| Lot Size | - | 7,535.591 |
| Price | $1.05M | $739.8K |
| Price per sq ft | $414 | $434 |
| Built year | 2021 | 1984 |
| HOA | $257 | $159 |
| Days on market | 43 | 53 |
Pricing History
Listed for Sale
Sep 11, 2026
$1,050,000
Initial Listing
Sold
Sep 30, 2021
$878,500
Public Record