935 Rainbow, Santa Maria, CA 93455, Santa Maria, 93455 - 4 bed, 3 bath
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Santa Maria, CA 93455
This Rare Multigenerational Residence is listed at $800,000, positioned near its $757,165 Fair Market Value. Boasting a Well-Maintained Condition Rating, the home features a unique dual-primary suite layout with a 475 sq ft addition, offering significant Junior ADU potential. Located in the prestigious Orcutt School District, the single-level floor plan provides no interior steps and a private backyard with a patio. This property is a perfect fit for multigenerational families or Owner-Occupants prioritizing flexible living arrangements and top-tier education.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 935 Rainbow Subject | $810,000* List Price | 4 | 3 | 1,964 | $372 | - |
A 781 Koval Sold | $749,900 | 3 | 2 | 1,975 | $380 | 0.3 mi |
B 3111 Bunfill Sold | $815,000 | 4 | 2 | 2,491 | $327 | 0.1 mi |
C 359 Atherly Lane Sold | $685,000 | 3 | 2 | 1,639 | $418 | 0.6 mi |
D 2742 Niverth Sold | $1,040,000 | 6 | 4 | 2,690 | $387 | 0.4 mi |
E 763 Koval Active | $759,000 List Price | 4 | 2 | 2,035 | $373 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the home is well-maintained but remains largely dated. The kitchen and bathrooms feature original oak cabinetry and tile countertops that are over 35 years old. While there are some updates like stainless steel appliances and newer laminate flooring, the primary wet areas and fixtures require modernization to meet current standards.
The rare dual-primary suite layout, including a 475 sq ft addition with an ensuite bath and walk-in closet, offers exceptional flexibility for extended family or a potential Junior ADU conversion.
Situated within the highly sought-after Orcutt school district, this property provides a significant location advantage for families prioritizing quality education while residing in Santa Maria.
The 1,967 sq ft single-story floor plan features no interior steps and a split layout, making it an ideal choice for buyers seeking long-term accessibility and enhanced privacy between bedrooms.
Built in 1987, the home may require cosmetic updates or modernization of original systems to meet the aesthetic expectations of contemporary buyers at this price point.
At an $800,000 list price, the property is positioned at the higher end of the local market, which may limit the buyer pool to those specifically seeking its unique dual-suite utility.
Want options? This rare dual-primary suite home includes a 475 sq ft addition, creating a private second suite with its own ensuite bath and walk-in closet—perfect for multigenerational living, extended family, or POTENTIAL JUNIOR ADU conversion. This Sunrise Hills home in Santa Maria offers the best of both worlds—Orcutt schools and a flexible layout designed for modern living. Built in 1987 this single-level home is located on a quiet interior street and offers a total of 1,967 sq ft of space, 4 bedrooms, 3 full bathrooms, and a split floor plan with no interior steps—a rare and desirable feature. Enjoy a private backyard with a spacious patio, tiered flower beds, lush lawn, and timed drip + sprinkler system—perfect for relaxing or entertaining. Located in Sunrise Hills with no HOA, close to shopping, parks, and public transportation—all while benefiting from Orcutt schools. Homes with this level of flexibility, location advantage, and dual-living potential don’t come on the market often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,964 | 1,852 | 52% |
| Lot Size | 6,970 | 9,583 | 23% |
| Price | $810.0K | $785.0K | 52% |
| Price per sq ft | $412 | $413 | 50% |
| Built year | 1987 | 1981 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 176 | 2% |
Jun 6, 2026
$810,000
$800,000
+1% Price Increase
Initial Listing
Apr 24, 2026
$800,000
Initial Listing
Jun 23, 1989
$169,500
Public Record