
Nipomo, California 93444
This Dual-Residence Property represents a unique High-Potential Investment Opportunity, listed at $1,150,000. While the list price exceeds the estimated market value, the property offers significant utility through its 1.11-acre lot and Dual-Residence Versatility. Featuring a Good Condition Rating with recent capital improvements like new septic and roofing, the site provides immediate rental income potential or multi-generational living space. This asset is well-suited for Buy-and-Hold Investors seeking agricultural versatility or Owner-Occupants looking to offset mortgage costs through secondary unit leasing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 652 Pomeroy Road Subject | $1,100,000* List Price | 5 | 4 | 2,782 | $413 | - |
A 680 Sweet Donna Place Sold | $1,400,000 | 4 | 4 | 3,188 | $439 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977, the property is well-maintained and move-in ready. It features tastefully remodeled bathrooms, fresh interior and exterior paint, and critical system updates including a new septic tank, a new roof on the manufactured home, and a new furnace. While the kitchen remains dated with older appliances and cabinetry, the overall condition and recent improvements elevate it to the good category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48352, living area = 2782.
The property features two separate homes on a single 1.11-acre lot, providing an exceptional opportunity for multi-generational living or significant rental income potential.
With over an acre of land, fruit trees, and storage sheds, the property is perfectly suited for horse enthusiasts, 4-H projects, or hobby farming in a mature neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2782, other record living area = 1726. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The secondary residence is a manufactured home, which may limit certain financing options and typically sees different appreciation rates compared to stick-built structures.
The property does not offer the panoramic or coastal views often sought after in the Central Coast region, which may impact its competitive appeal for luxury buyers.
Rare opportunity to own two homes on 1.11± acres in the heart of Nipomo! This versatile property features a 3-bedroom, 2-bathroom main residence and a separate 2-bedroom, 1.5-bathroom manufactured home, creating endless possibilities for multi-generational living, rental income, hobby farming, or simply enjoying extra space. The main residence at 652 Pomeroy Road features approximately 1,726± square feet with 3 bedrooms, 2 bathrooms, and a sunroom off the living room that provides additional flexible living space. The bathrooms have been tastefully remodeled, and the home has received fresh interior and exterior paint as well as a new septic tank. Also located on the property is 880 Calimex Pl, a manufactured home offering approximately 1,056± square feet with 2 bedrooms and 1.5 bathrooms. Recent improvements include fresh interior and exterior paint, a new roof, and a new furnace. The 1.11± acre parcel includes numerous fruit trees, several storage sheds, and plenty of room for animals, gardens, workshops, and outdoor projects. Located in a mature neighborhood, this property may be ideal for horse enthusiasts or those involved in 4-H and agricultural projects (Buyers to verify permitted uses with the County of San Luis Obispo). Each home has its own driveway and yard area, providing flexibility and separation while remaining on the same parcel. Conveniently located near schools, shopping, restaurants, and all that Nipomo has to offer, this is a unique opportunity to own a property with space, versatility, and potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,782 | 1,972 |
| Lot Size | 48,352 | 9,288 |
| Price | $1.10M | $1.08M |
| Price per sq ft | $395 | $538 |
| Built year | 1977 | 2000 |
| HOA | $0 | $420 |
| Days on market | 43 | 56 |
Jul 2, 2026
$1,100,000
$1,150,000
-4% Price Drop
Initial Listing
Jun 9, 2026
$1,150,000
Initial Listing
Jun 24, 2004
$668,000
Public Record