
Santa Maria, CA 93455
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at a List Price of $919,000, which aligns perfectly with the $919,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers modern updates including quartz countertops and farmhouse-style baths. The property provides significant upside through its 1,000 sqft ADU development potential and a large, private lot bordering a permanent greenbelt. Located in the prestigious Orcutt School District, this home is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 838 Rain Tree Ct Subject 4 bd · 3 ba · 2,513 sqft · $366 | $919,000* List Price | 4 | 3 | 2,513 | $366 | - |
A 718 Annie Sold 4 bd · 4 ba · 2,874 sqft · $306 · 0.3 mi | $880,000 | 4 | 4 | 2,874 | $306 | 0.3 mi |
B 920 Skylark Court Sold 3 bd · 4 ba · 2,478 sqft · $351 · 0.3 mi | $870,000 | 3 | 4 | 2,478 | $351 | 0.3 mi |
C 915 Sloan Terrace Sold 4 bd · 3 ba · 2,113 sqft · $355 · 0.2 mi | $750,000 | 4 | 3 | 2,113 | $355 | 0.2 mi |
D 2707 Heredia Lane Sold 3 bd · 2 ba · 1,944 sqft · $399 · 0.2 mi | $775,000 | 3 | 2 | 1,944 | $399 | 0.2 mi |
E 330 Saint Andrews Sold 3 bd · 2 ba · 2,592 sqft · $318 · 0.9 mi | $825,000 | 3 | 2 | 2,592 | $318 | 0.9 mi |
F 717 Hawkins Sold 3 bd · 2 ba · 1,944 sqft · $408 · 0.3 mi | $794,000 | 3 | 2 | 1,944 | $408 | 0.3 mi |
G 854 Blue Ridge Drive Sold 3 bd · 2 ba · 1,986 sqft · $395 · 0.1 mi | $785,000 | 3 | 2 | 1,986 | $395 | 0.1 mi |
H 928 Sunrise Sold 4 bd · 3 ba · 1,949 sqft · $418 · 0.1 mi | $815,000 | 4 | 3 | 1,949 | $418 | 0.1 mi |
I 928 Sunrise Drive Active 4 bd · 3 ba · 1,949 sqft · $431 · 0.1 mi | $839,500 List Price | 4 | 3 | 1,949 | $431 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1992, the property has been well-maintained and features recent cosmetic renovations. The kitchen has been updated with modern two-tone cabinetry, quartz countertops, and a subway tile backsplash. The interior boasts updated paint, modern fixtures, and a farmhouse-style master bathroom, making it fully functional and move-in ready.
The property includes pre-drawn plans and utility 'can and will serve' letters for a 1,000 sqft ADU, offering significant value for multi-generational living or rental income.
Situated at the end of a quiet cul-de-sac on nearly a quarter-acre, the home borders a permanent greenbelt and features extensive outdoor upgrades including RV parking and a 220 AMP hot tub hookup.
Located in the prestigious Orcutt School District and minutes from major shopping and highway access, the home offers long-term appreciation potential and convenience.
With 68 days on the market, the property is experiencing a slower absorption rate, which may suggest the current list price is at the top of the market range.
Built in 1992 and held by the same owner for 17 years, the home may require cosmetic or system updates to meet the expectations of buyers seeking contemporary luxury finishes.
Nestled on a spacious lot at the very end of a quiet cul-de-sac in one of Santa Maria's desirable neighborhoods, 838 Rain Tree is a large 4-bedroom, 3-bath plus a extra bonus room that can be used as a den or office or 5th bedroom sitting on nearly 1/4 acre (1000 sqft ADU plans already drawn with can and will serve letters for utilities have already been submitted! Recently cleared of all termite and given clearance. Offering 2,513 square feet of comfortable living space. Listed for the first time in 17 years, this beauty was built in 1992, and located in the highly desirable Orcutt School District, offering a thoughtfully designed floor plan that boasts multiple living areas, spacious bedrooms, and abundant natural light, creating an ideal setting for both everyday living and entertaining. Walking into the home, you a greeted by an open living room with lots of natural light. The next entrance leads you into an open concept kitchen with lots of counter space for meal preparation and entertaining guests. The kitchen also has an area for barstools for extra seating. Off of the kitchen is the dining room with a fireplace. A large room and bathroom downstairs as well. Upstairs you will find the spacious master bedroom equip with barn door style bathroom doors, a free standing soaking tub, a separate shower, farmhouse style bathroom with jack and jill sinks and a balcony off of the sliding glass door for relaxing. Additional guest bedrooms and a versatile loft provide space for a reading nook, home office of play area. The backyard is an entertainers dream offering lots of room to relax, bbq, host parties, have bonfires, garden, or host family and friends including an extensive concrete patio that makes it not only ideal for relaxing and entertaining, but easy to keep clean. A gas line is ran for bbq hookups, along with a 220 AMP outlet for a hot tub and ample amounts of outlets running along the back wall to hang lot of outdoor string lights or plug in speakers for parties and of plugging in your power tools to keep the yard nice and tidy! Room for gardening, and entertaining very large or small and more intimate gatherings. Also including RV parking, greenbelt next door with no intentions of ever being built upon (buyer to verify with county). Wrap it all up with the home being minutes away from parks, a myriad of restaurants, major shopping, easy highway access and centrally located amongst nearby parks offering free summer concerts and community events.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,513 | 1,817.181 |
| Lot Size | - | 7,535.591 |
| Price | $919.0K | $739.8K |
| Price per sq ft | $366 | $434 |
| Built year | 1992 | 1984 |
| HOA | $0 | $159 |
| Days on market | 96 | 53 |
Jul 20, 2026
$919,000
Initial Listing
Nov 20, 2009
$397,000
Public Record