tomo logo

$1,450,000

Beds
2
Baths
2.0
sq ft
1,134

1980 Sherwood Dr, Cambria, CA 93428

1980 Sherwood Dr

Cambria, CA 93428

  • 158 days on market
FABULOUS OCEAN VIEW HOME with Vacation Rental License in spectacular Cambria, CA! Located in fabulous Marine Terrace and ideally positioned between Lampton Cliffs County Park and the Fiscalini Ranch Preserve, this wonderful home is just a short walk to exciting trails and beach access points. It just doesn’t get much better! As mentioned, the home is a successful Licensed Short Term (Vacation) Rental so it’s a great investment. However, if you’re more in the market for a fantastic ocean view home for your full time personal residence...YOU'VE FOUND IT! From the tall living room windows and the second floor balcony you will enjoy the majestic sights and sounds of the blue Pacific Ocean. Amazing sunset views are yours and maybe, if you’re lucky, the occasional whale sighting! The home offers a wonderful open floor plan, tall ceilings, fireplace, and lots of natural light. There are two balconies, one at the back of the home off the kitchen and of course the ocean view balcony at the front of the home as mentioned above. The master bedroom is spacious and features an en suite bathroom and a big sliding glass door that leads to the enclosed patio with its relaxing hot tub/spa. Just imagine soaking in the warm spa and listening to the waves roll onto the seashore! To “top things off” you have a newer roof that’s a little over 1 year old and a money-saving leased solar system. Also available is the property next door at 1986 Sherwood Drive…purchase both properties to create your very own Sherwood Drive estate! Don’t miss this amazing opportunity!

Details

Property type

Single Family Residence

Est. home value

$1,240,811

Lot size

2,000 sq ft

Price per sq ft

$1,279

Year built

1989

HOA

No

Price History

06/19/2024
CRMLS

CRMLS #NS24125016

Listed
$1,450,000
+38.1%
05/10/2021
CRMLS

CRMLS #SC21078310

Sold
$1,050,000
+26.51%
09/12/2019
CRMLS

CRMLS #NS19122753

Sold
$830,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Coast Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,236,012
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$97,988
Cash to seller
$1,236,012

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

February 2023

Original loan amount

$100,000

Est. remaining balance

$97,988

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Louise Silacci

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$1,295,000
2 bd
|
1.75 ba
|
1,396 sq ft
|
Condo

557 Lucerne Rd Unit 4, Cayucos, CA 93430

Price drop
CRMLS
$1,350,000
2 bd
|
2.5 ba
|
1,605 sq ft
|
House

7 Saint Mary Ave, Cayucos, CA 93430

Price drop
CRMLS
$1,395,000
3 bd
|
2 ba
|
855 sq ft
|
House

180 I St, Cayucos, CA 93430

Status: Active

Tomo last checked: 11/23/2024 at 7:40 PM

Listing updated: 10/30/2024 at 4:40 AM

Listed by: Chuck Hill, RE/MAX Success Phone #: (805) 434-2737

MLS: CRMLS #NS24125016

CRMLS logo

Recently listed in Cambria

$1,295,000|3 bd|2.25 ba|House
$495,000|2 bd|2.0 ba|House
$1,300,000|3 bd|2.0 ba|House
$799,000|3 bd|1.75 ba|House
$3,500,000|2 bd|3.0 ba|House
$1,950,000|3 bd|3.0 ba|House
$999,000|3 bd|2.0 ba|House
$1,100,000|2 bd|2.0 ba|House
$1,295,000|3 bd|3.0 ba|House
$649,000|1 bd|1.0 ba|Manufactured