673 Rossmore Road, GOLETA, CA 93117, GOLETA, 93117 - 3 bed, 2 bath
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GOLETA, CA 93117
This High-Potential Value-Add Residence represents a Strong Value Opportunity with a List Price of $1,360,000—positioned well below the $1,516,911 Fair Market Value by 10%. This valuation gap provides $156,911 in Instant Equity for buyers prepared to modernize the Condition Rating 4 interior. The property features a massive 8,276 sqft lot with a private fruit orchard, mountain views, and original hardwood floors. Located in a prime Goleta neighborhood, this 1958 home is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 673 Rossmore Road Subject | $1,360,000* List Price | 3 | 2 | 1,733 | $875 | - |
A 6194 Malva Avenue Sold | $1,450,000 | 4 | 2 | 1,444 | $1,004 | 0.8 mi |
B 5767 Stow Canyon Road Sold | $1,667,000 | 4 | 3 | 1,708 | $976 | 0.5 mi |
C 5984 Berkeley Road Sold | $1,400,000 | 3 | 2 | 1,382 | $1,013 | 0.3 mi |
D 6269 Shamrock Avenue Sold | $1,520,000 | 3 | 2 | 1,535 | $990 | 0.9 mi |
E 6217 Marlborough Drive Sold | $1,250,000 | 3 | 2 | 1,411 | $886 | 0.6 mi |
F 5668 Encina Road Sold | $1,640,000 | 4 | 2 | 1,710 | $959 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is in largely original condition and shows significant signs of being outdated. While the home appears well-maintained and livable, the kitchen features original wood cabinetry and dated vinyl flooring, and the bathrooms retain vintage elements like a pink bathtub and older tile work. The presence of popcorn ceilings, worn shag carpeting in the family room, and older wall-mounted AC units further indicate that the property requires comprehensive cosmetic and functional modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1733.
The expansive 8,276 sqft lot features a mature private orchard including avocado, citrus, and stone fruit trees, providing a unique and productive outdoor oasis.
Offered for the first time with original hardwood floors and a spacious layout, this property serves as a prime canvas for a renovation to build immediate equity.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1733, other record living area = 1269.
The 1958 construction is in original condition and will require a significant investment in cosmetic and functional upgrades to meet modern living standards.
Given the home's age and long-term original ownership, buyers should expect the need to update older systems such as electrical, plumbing, or HVAC.
Opportunity knocks in one of Goleta's most beloved neighborhoods. Offered for the very first time, this 3-bedroom, 2-bath home is brimming with character, charm, and untapped potential, the perfect canvas for a buyer ready to put their personal touch on something truly special. Original hardwood floors throughout the main part of the home, while a spacious living room with a cozy fireplace gives you room to gather, relax, and entertain. A convenient storage room off the dining area adds flexibility. Step outside and discover your own private orchard, naval orange, yellow and red plum, apricot, lemon, two loquat, two persimmon, and two Haas avocado trees dot the generous yard, offering fresh fruit season after season. The expansive lot also presents exciting potential. A large two-car garage rounds out the property with ample room for vehicles, a full-size washer and dryer, and a utility sink. With a little love and vision, this could easily become something extraordinary.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,733 | 1,638 | 54% |
| Lot Size | 8,276 | 7,405.2 | 62% |
| Price | $1.36M | $1.47M | 41% |
| Price per sq ft | $785 | $861 | 35% |
| Built year | 1958 | 1963 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 184 | 1% |
Apr 6, 2026
$1,360,000
Initial Listing