680 Hill Street, Nipomo, California 93444, Nipomo, 93444 - 4 bed, 2 bath
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Nipomo, California 93444
Analysis of 680 Hill Street, Nipomo, California 93444 is currently available with a list price of $4,400,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Nipomo 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 land value only, full reconstruction required.
The property features structures built in 1939 with no record of major renovations in the last 50 years. The listing's high price point and RMF15 zoning emphasize the 5.5 acres of land for high-density development rather than the value of the existing homes, which are described as aging infrastructure likely requiring demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 239580, living area = 2119.
Zoned RMF15 on approximately 5.5 acres, this property offers exceptional high-density residential development opportunities in a high-demand corridor.
Situated in the heart of downtown Nipomo within the West Teft Corridor, the property provides immediate proximity to local amenities, shopping, and services.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =239580, other record lot size in square feet = 123274.
With structures dating back to 1939, the existing homes likely require significant renovation or demolition to facilitate modern development.
The $4.4 million list price reflects the land's development value rather than the current improvements, requiring substantial upfront capital from investors.
Two homes in Nipomo CA in The West Teft Corridor sitting on approximately 5.5 acres. This property is Zoned RMF15 and has endless development possibilities. The property is in the heart of downtown and is next door to all of what Nipomo has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 80% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,119 | 2,119 | 50% |
| Lot Size | 239,580 | 9,335 | 98% |
| Price | $4.40M | $1.13M | 99% |
| Price per sq ft | $2.1K | $540 | 99% |
| Built year | 1939 | 2003 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 231 | 168 | 75% |
Sep 3, 2025
$4,400,000
Initial Listing