tomo logo

$1,100,000

Beds
4
Baths
2.5
sq ft
2,039

2510 Terrace Sands Ln, Oceano, CA 93445

2510 Terrace Sands Ln

Oceano, CA 93445

  • 33 days on market
Introducing 2510 Terrace Sands Lane, a 4 bedroom, 3 bathroom home built in 2022. Located in the newly established Ocean Ridge neighborhood and perched above the surrounding neighborhoods, it offers sweeping views of the town from each room on the upper level. This home is just a short drive from the Oceano Dunes, and on quiet nights residents can hear the ocean from the home. Upon entering, the foyer opens to the spacious, open-concept living, dining, and kitchen areas. This versatile space includes two access points to the backyard, a guest bathroom, and an elegant stone fireplace. The kitchen is designed with both style and function in mind as it features luxurious quartz countertops, an arched window, soft-close cabinets and drawers, a breakfast bar, and direct access to the attached 2-car garage. Upstairs, the spacious primary bedroom includes a cozy balcony, as well as an ensuite with dual vanities, a walk-in shower, a soaking tub, and a large closet. This room offers thick, sound-proof doors and enough space for the creation of an office area for those who work from home. The three secondary bedrooms on this level also offer thick, sound-proof doors, generous closet space and are conveniently located near the guest bathroom. The home’s fully fenced backyard is well-maintained and features a turf lawn, a garden, a side patio, and a fenced-in dog run. Additional features include a dedicated laundry room with a utility sink and low-maintenance landscaping. The quiet Ocean Ridge neighborhood blends seamlessly with the Avocado neighborhood which creates a great sense of community. Other amenities of the neighborhood include proximity to Highway 101, restaurants, and parks–Elm Park, Hero Community Park, and 16th Street Park are just minutes away. Don’t miss your chance to own this stunning home!

Details

Property type

Single Family Residence

Est. home value

$1,144,379

Lot size

5,553 sq ft

Price per sq ft

$540

Year built

2022

Monthly HOA fee

$118.47

Price History

01/21/2025
CRMLS

CRMLS #PI25002832

Listed
$1,100,000
+10%
06/03/2022
CRMLS

CRMLS #SC22084286

Sold
$1,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks, Park

High school district: 

Lucia Mar 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

$249,433
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$762,567
Cash to seller
$249,433

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2022

Original loan amount

$800,000

Est. remaining balance

$762,567

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Len Smolburd and Olivia Fernandez

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?

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Status: Active

Tomo last checked: 02/23/2025 at 1:40 AM

Listing updated: 02/01/2025 at 7:05 AM

Listed by: Chelsea King, Invest SLO Phone #: (805) 295-2719

MLS: CRMLS #PI25002832

CRMLS logo

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