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509 West Bunny, Santa Maria, CA 93458

$1.05M3bd · 1ba · 1,292 sqft
Lot 6,534 sqft•Single Family Residence•
Active
•85d on market•MLS# DW-26159531

Property Description

Rare turnkey investment opportunity! This exceptional property features a beautifully remodeled 3-bedroom, 1-bath single-family home with a new roof, all completed in 2023. Also completed in 2023 are two newly constructed 2-bedroom, 1-bath ADUs and one detached studio, offering outstanding income-producing potential. All units are currently tenant-occupied, providing immediate rental income from day one. Whether you’re an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property offers incredible flexibility and value. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes. Don’t miss this rare opportunity to own a move-in-ready single-family home with multiple ADUs in the heart of Santa Maria!

Features & Amenities

FeeBuilt 1950

Property Details

Land Type
Fee
Year Built
1950
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Cooling
None
View
None
City
Santa Maria
Zip Code
93458
County
Santa Barbara
Listed byJose Miguel Gomez, Broker, Jose Miguel Gomez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,309.37
Principal & Interest
Loan Amount
$840,000
Total Interest
$1,071,374
Total Payment Over 30 Years
$1,911,374
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

509 West Bunny, Santa Maria, CA 93458

Santa Maria · Single Family Residence

$1.05M
Affordable Tier
Beds
3
Baths
1
Sqft
1,292
Lot
6,534 sqft
Year
1950
$/Sqft
$813
Pool: No✓
View: None✓

Listed 57.9% above the median closed sale of $665,000. Price per sqft ($813) is a 51% premium to closed comps ($537). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.05M· $813/sqft
Total list price
Closed comps
vs closed median $665K
+$385K (+57.9%)
Active comps
vs active median $670K
+$380K (+56.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $491
+$322 (+65.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
419 Grant StreetSanta Maria1961321,2886,534$516$665,0003787
812 Francine LaneSanta Maria1960421,3338,276$503$670,0003782
4582 Via Santa MariaSanta Maria1959421,29910,454$538$699,0001680
1859 Melanie CourtSanta Maria2001321,3986,534$486$680,0001478
519 Empire DriveSanta Maria1996321,3774,356$410$565,0002176
Total: 5 · Average3.42.01,3397,230.8$490.6$655,80025
Median1,333$670,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
527 MariposaSanta Maria195109/04/2026311,2256,970$612,000$624,000$5091.022693
509 Dena WaySanta Maria196109/11/2026321,2746,534$649,000$649,000$5091.005287
4603 Via NinaSanta Maria195909/30/2026321,28811,326$715,000$715,000$5551.004283
3930 Hillview RoadSanta Maria196009/30/2026321,1247,840$665,000$665,000$5921.005282
4976 PleasantSanta Maria196109/18/2026321,41410,454$725,000$735,000$5201.014780
Total: 5 · Average3.01.81,2658,624.8$677,600$677,600$537—43.8
Median1,274$665,000$665,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.