778 Primrose Lane, Nipomo, California 93444, Nipomo, 93444 - 5 bed, 4 bath

778 Primrose Lane
Nipomo, California 93444
Property Price
SUMMARY
Analysis of 778 Primrose Lane, Nipomo, California 93444 reveals a Prime Investment Opportunity with a current list price of $949,900—significantly undercutting the $1,025,843 Fair Market Value by 7%. This valuation gap indicates a +$75,943 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 778 Primrose Lane Subject | $949,900* List Price | 5 | 4 | 2,279 | $450 | - |
A 109 Gardenia Sold | $685,000 | 3 | 2 | 1,549 | $442 | 0.1 mi |
B 626 Juno Court Sold | $750,000 | 4 | 2 | 1,701 | $441 | 0.8 mi |
C 662 January Street Sold | $825,000 | 3 | 2 | 1,803 | $458 | 0.7 mi |
D 448 Grove Lane Sold | $715,000 | 3 | 2 | 1,445 | $495 | 0.9 mi |
E 825 Rosana Place Sold | $761,247 | 4 | 3 | 1,722 | $442 | 0.9 mi |
F 380 Butterfly Lane Sold | $700,000 | 3 | 3 | 1,576 | $444 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2279, other record living area = 2104.
About 778 Primrose Lane
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 7,920 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 2,279 | 2,217.5 | 50% |
| Lot Size | 7,920 | 8,991.5 | 38% |
| Price | $949.9K | $1.18M | 31% |
| Price per sq ft | $417 | $515 | 14% |
| Built year | 1998 | 2003 | 35% |
| HOA | $0 | $138 | 43% |
| Days on market | 32 | 191 | 4% |
Pricing History
Listed for Sale
Feb 3, 2026
$949,900
Initial Listing
Sold
Jul 31, 2018
$56,000
Public Record
Sold
Jul 15, 2011
$322,500
Public Record
Sold
Nov 26, 1997
$55,000
Public Record
Sold
Apr 26, 1996
$88,000
Public Record



































