7840 Cougar Ridge, Santa Maria, CA 93454, Santa Maria, 93454 - 2 bed, 2 bath
7840 Cougar Ridge
Santa Maria, CA 93454
Property Price
SUMMARY
Analysis of 7840 Cougar Ridge, Santa Maria, CA 93454 is currently available with a list price of $1,075,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Maria 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and clean but reflects its 1979 construction with mostly dated features. The kitchen and bathrooms utilize older tile countertops and cabinetry, while the living areas contain aged wood paneling and older carpeting. While functional and move-in ready, the home lacks recent renovations and shows signs of being outdated compared to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1742400, living area = 2149.
- Expansive 40-Acre Lot
The property boasts a massive 40-acre parcel in San Luis Obispo County, offering unparalleled privacy and vast space for agriculture, livestock, 4-H projects, or equestrian facilities.
- Spacious Living Area
With 2,149 square feet of living space, the home provides a generous and functional interior layout, including a unique wet bar area and a multi-level design that enhances its character.
CONSRISKS & DEFICIENCIES
- Remote Location
Situated approximately 30 minutes from Highway 101, the property's secluded nature may be a disadvantage for those requiring quick access to urban amenities or daily commutes.
- Limited Bedroom Count
Despite the large square footage and significant price point, the home only offers two bedrooms, which may limit its appeal to larger families or buyers needing more sleeping quarters.
About 7840 Cougar Ridge
Escape to wide-open space with this 2 bedroom, 2 bath home situated on 40 acres in San Luis Obispo County with a Santa Maria address. Living area has inviting wet bar area for additional functionality. Located off Hwy 166 this property offers privacy, functionality and endless possibilities. Perfect for 4-H projects, animals, agriculture or anyone looking for room to roam. The expansive acreage provides space for barns, workshop and riding areas. This property combines country freedom and practical convenience. Approximately 30 minutes from Hwy. 101. This is a multi level property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 1,742,400 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,149 | 1,567 | 81% |
| Lot Size | 1,742,400 | 7,405 | 96% |
| Price | $1.07M | $651.0K | 96% |
| Price per sq ft | $500 | $411 | 81% |
| Built year | 1979 | 1976 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 171 | 2% |
Pricing History
Listed for Sale
Feb 17, 2026
$1,075,000
Initial Listing
Sold
Jun 26, 2020
$2,000
Public Record
Sold
Jan 28, 2014
$378,000
Public Record
Sold
Apr 7, 2005
$890,000
Public Record