9720 Encina, Santa Margarita, California 93453, Santa Margarita, 93453 - 3 bed, 2 bath
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Santa Margarita, California 93453
This property presents a High-Potential Investment Opportunity with a List Price of $849,760—positioned well below the $893,996 Fair Market Value by 4%. This valuation gap offers $44,236 in Instant Equity. Featuring a Condition Rating of 4, the home provides a solid foundation with recent cosmetic updates, though the dated interior offers significant value-add potential. The massive 14,999 sqft lot is ideal for an ADU or workshop. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9720 Encina Subject | $849,760* List Price | 3 | 2 | 1,400 | $639 | - |
A 9555 Estrada Avenue Sold | $725,000 | 2 | 1 | 1,092 | $664 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The 1958 property features recent cosmetic 'refreshes' including new laminate flooring, interior/exterior paint, and a new driveway. However, the kitchen and bathrooms are severely dated, appearing to be original or over 40 years old, requiring full modernization to meet current standards. While move-in ready, the core systems and wet rooms are well beyond their typical functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14999, living area = 1400.
The oversized 14,999 sqft lot is equivalent to two standard lots, providing exceptional versatility for building an ADU, a large workshop, or creating a premier outdoor entertainment space.
The property features significant recent updates, including a brand-new driveway and fresh cosmetic enhancements, ensuring strong curb appeal and reduced immediate maintenance for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1300. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1958, the home may possess aging structural or mechanical systems that could require more frequent maintenance or modernization compared to newer constructions.
At 1,400 square feet, the interior living space is relatively compact, which may be a constraint for larger families or those seeking expansive indoor common areas.
CHARMING SANTA MARGARITA RETREAT WITH FRESH UPDATES!!! Welcome to 9720 Encina, a beautifully maintained home in the heart if Santa Margarita offering a perfect blend of comfort, character, and recent upgrades. This inviting property features a bright, open floor plan with spacious living areas, well=appointed bedrooms, and plenty of natural light throughout. Step outside and enjoy the newly refreshed= including a brand-new driveway that adds convenience and curb appeal, plus outdoor cosmetic updates that make the property shine. The enormous outdoor space is ideal parking any size toy, entertaining, building a shop, gardening, or simply relaxing under the Central Coast sky! With its prime location near charming shops, local dining, wineries, and easy access to Highway 101, this home offers a peaceful retreat while keeping you close to everything you need. Plenty of room for an ADU or huge shop. This property is th size of two lots!!! This property is a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,400 | 1,509 | 38% |
| Lot Size | 14,999 | 76,173 | 44% |
| Price | $849.8K | $862.4K | 50% |
| Price per sq ft | $607 | $581 | 56% |
| Built year | 1958 | 1984 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 223 | 13% |
Apr 20, 2026
$849,760
Initial Listing