240 Siler Lane, Santa Maria, CA 93455
240 Siler Lane, Santa Maria, CA 93455
Property Description
Two homes on one approximately 0.27-acre lot. This property features an expanded main residence and a newly constructed detached accessory dwelling unit (ADU), offering a range of living options. The main residence offers approximately 1,720 square feet with 4 bedrooms and 2 bathrooms. The original 732 square-foot home has undergone updates that include foundation reinforcement, plumbing and electrical improvements, and a new whole-house sprinkler system. An approximately 1,040-square-foot addition adds space and features 10-foot ceilings. Interior details include wide-plank laminate flooring, smooth-finish walls, and indoor laundry. The primary suite features an oversized walk-in closet and an ensuite bathroom with a freestanding soaking tub and separate walk-in shower. The detached ADU offers 3 bedrooms and 2 bathrooms, along with a kitchen equipped with stainless steel appliances and an indoor laundry area with gas hookups. With two separate living spaces, the property provides flexibility for guests, multigenerational living, or a home office, as well as potential rental income subject to local requirements. Seller willing to discuss landscaping options with buyer.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Santa Maria · Single Family Residence
Listed 51.7% above the median closed sale of $824,000. Price per sqft ($506) is a 47% premium to closed comps ($344). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 731 Foxenwood Drive | Santa Maria | 1974 | 4 | 3 | 2,216 | 11,326 | $414 | $918,000 | 80 | 72 |
| 801 Lucinda Court | Santa Maria | 1975 | 3 | 4 | 2,813 | 11,326 | $302 | $850,000 | 108 | 71 |
| 5845 Leaf Springs | Santa Maria | 2021 | 4 | 3 | 2,536 | 10,454 | $414 | $1.05M | 31 | 70 |
| 455 Meadowbrook | Santa Maria | 1975 | 5 | 3 | 2,121 | 10,019 | $413 | $875,000 | 28 | 70 |
| 517 Clubhouse | Santa Maria | 1981 | 5 | 3 | 2,876 | 13,068 | $417 | $1.20M | 76 | 70 |
| Total: 5 · Average | 4.2 | 3.2 | 2,512.4 | 11,238.6 | $392 | $978,400 | 64.6 | |||
| Median | 2,536 | $918,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 608 Marian Drive | Santa Maria | 1981 | 09/18/2026 | 3 | 3 | 2,400 | 8,712 | $829,900 | $829,900 | $346 | 1.00 | 83 | 72 |
| 928 Harrison | Santa Maria | 1983 | 10/02/2026 | 3 | 3 | 2,348 | 10,454 | $829,000 | $824,000 | $351 | 0.99 | 66 | 71 |
| 1322 Charlotte Drive | Santa Maria | 1980 | 10/09/2026 | 4 | 3 | 2,365 | 7,841 | $725,000 | $735,000 | $311 | 1.01 | 41 | 68 |
| 1136 Patterson | Santa Maria | 1959 | 09/11/2026 | 4 | 3 | 1,953 | 10,890 | $699,000 | $735,000 | $376 | 1.05 | 31 | 68 |
| 1425 Marilyn | Santa Maria | 1999 | 10/06/2026 | 4 | 3 | 2,688 | 9,583 | $875,000 | $900,000 | $335 | 1.03 | 87 | 68 |
| Total: 5 · Average | 3.6 | 3.0 | 2,350.8 | 9,496 | $804,780 | $804,780 | $343.8 | — | 61.6 | ||||
| Median | 2,365 | $824,000 | $824,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.