881 Alina, Nipomo, California 93444, Nipomo, 93444 - 3 bed, 2 bath
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881 Alina
Nipomo, California 93444
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,569Sq Ft
8,800Lot Size
Property Price
LIST PRICE$788,000
EST. MARKET VALUE
$766,230
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $788,000—positioned well above the $766,230 Fair Market Value by -2%. While the property requires cosmetic modernization due to its Condition Rating of 4, the expansive 8,800 sq. ft. lot and elevated setting provide significant upside for value-add renovations. Located in the desirable Teddy Bear Hills community, this home offers a functional layout and scenic views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Estimated Market Value
$766,230
Based on Realkey algorithm analyzing recent comparable sales in Nipomo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 881 Alina Subject 3 bd · 2 ba · 1,569 sqft · $488 | $788,000* List Price | 3 | 2 | 1,569 | $488 | - |
A 135 Elvira Way Sold 3 bd · 2 ba · 1,800 sqft · $450 · 0.2 mi | $810,000 | 3 | 2 | 1,800 | $450 | 0.2 mi |
B 397 Nopal Sold 3 bd · 2 ba · 1,332 sqft · $544 · 0.4 mi | $725,000 | 3 | 2 | 1,332 | $544 | 0.4 mi |
C 187 Amaranth Sold 3 bd · 2 ba · 1,305 sqft · $500 · 0.4 mi | $652,500 | 3 | 2 | 1,305 | $500 | 0.4 mi |
D 885 Peregrine Sold 3 bd · 2 ba · 1,332 sqft · $597 · 0.3 mi | $795,000 | 3 | 2 | 1,332 | $597 | 0.3 mi |
E 505 Angelina Ct. Court Sold 3 bd · 2 ba · 1,106 sqft · $624 · 0.7 mi | $690,000 | 3 | 2 | 1,106 | $624 | 0.7 mi |
F 360 Black Hawk Way Sold 4 bd · 2 ba · 1,770 sqft · $415 · 0.4 mi | $735,000 | 4 | 2 | 1,770 | $415 | 0.4 mi |
G 1277 Galaxy Sold 3 bd · 2 ba · 1,249 sqft · $532 · 0.9 mi | $665,000 | 3 | 2 | 1,249 | $532 | 0.9 mi |
H 336 Butterfly Sold 3 bd · 2 ba · 1,587 sqft · $472 · 0.7 mi | $749,000 | 3 | 2 | 1,587 | $472 | 0.7 mi |
I 839 Theodora Street Pending 3 bd · 2 ba · 1,449 sqft · $473 · 0.2 mi | $685,000 List Price | 3 | 2 | 1,449 | $473 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999 (25 years old) and offered by the original owner, the property is in dated but functional condition. The kitchen and bathrooms retain original oak cabinetry and white tile countertops, which are over 20 years old. While the home appears well-kept, it requires cosmetic modernization and likely updates to original systems to meet current 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 = 8800, living area = 1569.
- Prime Location and Lot
Situated in the desirable Teddy Bear Hills community on a generous 8,800 sq. ft. elevated lot, providing both privacy and scenic views of the Central Coast landscape.
- Functional Single-Level Layout
The 1,569 sq. ft. floor plan offers a seamless flow between living, dining, and family areas, complemented by practical features like indoor laundry and an attached 2-car garage.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
The presence of original 1990s elements, such as white tile countertops and oak cabinetry, suggests the home may require cosmetic modernization to appeal to contemporary tastes.
- Immediate Renovation Needs
The property is positioned as an opportunity to 'bring your own vision,' indicating that buyers should budget for updates and repairs to realize the home's full potential.
About 881 Alina
Welcome to 881 Alina Lane, nestled in Nipomo’s desirable Teddy Bear Hills community. This inviting single-level home offers 3 bedrooms, 2 baths and approximately 1,569 sq. ft. of comfortable living space on a generous 8,800 sq. ft. lot. A naturally flowing floor plan connects the living, dining and family room areas, creating a warm sense of openness and harmony throughout the home. The living area is anchored by a cozy fireplace, while the kitchen offers white tile countertops, oak cabinetry, pantry storage and an easy connection to the surrounding living spaces. Spacious bedrooms, abundant natural light, an indoor laundry area and an attached 2-car garage add to the home’s functionality. Outdoors, mature landscaping and an elevated setting provide a peaceful backdrop with views of the surrounding Central Coast landscape and plenty of space to create your own garden or outdoor retreat. Conveniently located near Nipomo Regional Park, shopping, dining and Highway 101. First time on the market since 1998, this property presents a wonderful opportunity to bring your own vision to a well-established Nipomo home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 8,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,569 | 1,921.043 |
| Lot Size | 8,800 | 8,751.786 |
| Price | $788.0K | $1.03M |
| Price per sq ft | $502 | $516 |
| Built year | 1999 | 2002 |
| HOA | $0 | $307 |
| Days on market | 36 | 61 |
Pricing History
Listed for Sale
Sep 18, 2026
$788,000
Initial Listing
Sold
Jan 22, 1999
$173,000
Public Record