778 Primrose Lane, Nipomo, California 93444, Nipomo, 93444 - 5 bed, 4 bath
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Nipomo, California 93444
This Versatile Residential Compound is a Strong Value Opportunity, listed at $949,900—positioned well below the $1,025,843 Fair Market Value by 7%. This valuation gap offers $75,943 in Instant Equity. Boasting an Excellent Condition Rating, the property features a main residence plus a legal 1BR/1BA ADU for rental income. Recent $80,000 resort-style upgrades include an outdoor kitchen, jacuzzi, and sunset views. Located near Nipomo Regional Park within the Lucia Mar Unified district, it is perfect for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 778 Primrose Lane Subject | $899,900* List Price | 5 | 4 | 2,279 | $395 | - |
A 375 Kestrel Way Sold | $850,000 | 4 | 2 | 1,863 | $456 | 0.6 mi |
B 959 Vista Verde Sold | $1,100,000 | 4 | 3 | 2,604 | $422 | 0.6 mi |
C 771 Viola Court Sold | $799,000 | 3 | 2 | 1,719 | $465 | 0.0 mi |
D 522 Higos Sold | $735,000 | 3 | 2 | 1,904 | $386 | 0.9 mi |
E 109 Gardenia Sold | $685,000 | 3 | 2 | 1,549 | $442 | 0.1 mi |
F 184 Alyssum Circle Pending | $819,000 List Price | 3 | 2 | 1,832 | $447 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in excellent condition, featuring a recently updated main residence and a separate 1BR/1BA ADU. Significant recent investments of $80,000 have been made in a resort-style backyard with an outdoor kitchen and cabana. The interior boasts an updated layout with modern comforts, and the overall maintenance level is high, meeting the criteria for a recently renovated home with no deferred maintenance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2279, other record living area = 2104.
This stunning property offers a rare dual-living opportunity in one of the Central Coast's finest micro-climates of Nipomo, perfectly positioned within walking distance of the 140-acre Regional Park and the local elementary school. The main residence features an updated 4BR/2.5BA layout, while the attached 1BR/1BA ADU provides the ideal setup for rental income or a private guest suite with its own entrance. The ADU is NOT a garage conversion, but a separate living quarters on the lower level. Whether you are looking for a multi-generational compound or a savvy investment, this home delivers unmatched versatility and modern comfort. The owners have recently invested $80,000 in overall improvements, including the entertainer’s backyard, designed to feel like a private resort. You can host guests at the outdoor kitchen and cabana, gather around the fire pit, or unwind in the jacuzzi under the stars. With multiple decks positioned to capture the region’s famous sunsets and a location that blends suburban convenience with nature-filled surroundings, this home is the ultimate California retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 2,279 | 2,081.5 | 55% |
| Lot Size | 7,920 | 9,591.5 | 31% |
| Price | $899.9K | $1.10M | 30% |
| Price per sq ft | $395 | $534 | 8% |
| Built year | 1998 | 2002 | 44% |
| HOA | $0 | $46 | 50% |
| Days on market | 131 | 130 | 52% |
May 16, 2026
$899,900
$919,900
-2% Price Drop
Initial Listing
Apr 30, 2026
$919,900
$924,900
-1% Price Drop
Initial Listing
Mar 19, 2026
$924,900
$949,900
-3% Price Drop
Initial Listing
Feb 3, 2026
$949,900
Initial Listing
Jul 31, 2018
$56,000
Public Record
Jul 15, 2011
$322,500
Public Record
Nov 26, 1997
$55,000
Public Record
Apr 26, 1996
$88,000
Public Record