
Santa Maria, CA 93454
This Versatile Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $770,000—positioned well above the $739,927 Fair Market Value by -4%. Featuring a 1,072 sq. ft. main home and a 495 sq. ft. guest house, the property offers significant income potential. With a Condition Rating of 4, the home provides a solid foundation for modernization. The expansive 11,761 sq. ft. lot and included ADU conversion plans make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 Grapevine Subject 4 bd · 3 ba · 1,567 sqft · $472 | $770,000* List Price | 4 | 3 | 1,567 | $472 | - |
A 1208 Clinton Court Active 4 bd · 3 ba · 1,930 sqft · $389 · 0.4 mi | $749,900 List Price | 4 | 3 | 1,930 | $389 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the home has received recent cosmetic refreshes including fresh paint, landscaping, and some new flooring. However, the kitchen and main bathroom remain dated with original 1980s cabinetry and countertops. While one bathroom features a modern tile shower renovation, the overall property still features popcorn ceilings and older systems that require further modernization to move beyond a dated status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1567.
The property features a 495-square-foot guest house and included plans for a garage-to-ADU conversion, offering significant rental income or multi-generational living opportunities.
Situated on a large 11,761-square-foot cul-de-sac lot, the property provides ample outdoor space, privacy, and dedicated RV parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1567, other record living area = 1072. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2026-07-22. The sold price is $750,000.00.
With only 1,072 square feet for the three-bedroom main home, the primary living areas may feel constrained for larger families or those requiring spacious common rooms.
Discover the possibilities with this versatile property tucked away in a desirable cul-de-sac! The 3-bedroom, 2-bathroom main home offers 1,072 square feet of living space on a spacious 11,761-square-foot lot and RV parking. Recent updates include fresh interior and exterior paint, a new front door, some new flooring, and a newly landscaped yard. The property also features a 495 square foot, 1-bedroom 1-bathroom guest house providing an excellent opportunity for additional rental income, a place for extended family or guests. The main house is vacant and ready for its next owner. Adding even more potential, plans to convert the garage into an additional ADU have been submitted and are pending review. With flexible living options, income potential, and room to grow, this property offers a unique opportunity for homeowners and investors alike!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 3.0 mi
Grades 7-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,567 | 1,817.181 |
| Lot Size | 11,761 | 7,535.591 |
| Price | $770.0K | $739.8K |
| Price per sq ft | $491 | $434 |
| Built year | 1984 | 1984 |
| HOA | $0 | $159 |
| Days on market | 9 | 53 |
Oct 15, 2026
$770,000
Initial Listing
Jul 22, 2026
$750,000
Public Record
Nov 20, 2000
$140,000
Public Record