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$955,262Estimated home value

Beds
3
Baths
2.5
sq ft
1,634

2525 Terrace Sands Ln, Oceano, CA 93445

2525 Terrace Sands Ln

Oceano, CA 93445

  • Off market
    • Price drop $40,000↓
Welcome to 2525 Terrace Sands. This smart home is nearly new construction and is completely turn-key, featuring 3 bedrooms and 2.5 baths in one of the newest developments in SLO County. This home suits all buyers' needs, whether for first-time home ownership, family living, or even as a turn-key investment. Enjoy close access to the 101 and Highway 1. This hidden gem is nestled in a peaceful neighborhood where every homeowner has an immense pride of ownership. The home is next to the Old Avocado development, which offers two parks where dogs and kids can play and make new friends, as well as walking paths. Just one street from Arroyo Grande, this home is a true gem in a new development, close to local parks like Elm Street Dog Park and Soto Sports Complex, as well as local farms like Halcyon Farms and Branch Mill Organic Farms. Upon entering, you’ll find an open floor plan with an expansive living and dining area. The kitchen, with soft-close cabinets, stainless steel appliances, and a bar area, is perfect for entertaining, complemented by ten-foot ceilings on the first floor. Light grey luxury vinyl flooring flows throughout the home, adding sophistication. The first floor includes the master suite with an en-suite bathroom featuring quartz counters and a double-sink vanity. There’s also a separate half bath downstairs. Off the kitchen, a separate laundry room provides convenience, with doors leading to the 2-car garage and the backyard. Upstairs, you’ll find two additional bedrooms and a full bathroom with double vanity sinks and a bathtub. Here, you get nearly new-build prices at a fraction of the cost compared to other towns like Pismo, San Luis Obispo, and Avila. Upgraded Hue smart recessed lighting integrates with Apple HomeKit, Alexa, and Google Home. Schlage Encode+ Smart Locks offer seamless access with Apple Home Key compatibility, while Eufy security cameras integrate with Apple HomeKit. Water usage is managed with Flume water monitoring, featuring AI-driven leak detection. The reverse osmosis system in the garage delivers pristine water with whisper-quiet operation. The home is powered by a 10.4kW solar system with low-degradation REC400AA Pure Black lead-free solar panels and a Tesla Powerwall 2. In the garage, you'll find two Tesla Gen 3 EV wall chargers. The downstairs features Hunter Douglas window coverings, including smart motorized Powerview Silhouette Doulite integrated with blackout rollers in the living room and primary suite.

Details

Property type

Single Family Residence

Est. home value

$955,262

Lot size

4,450 sq ft

Price per sq ft

$582

Year built

2022

Monthly HOA fee

$118.47

Price History

09/15/2024
CRMLS

CRMLS #PI24167767

Removed
$950,000
08/30/2024
CRMLS

CRMLS #PI24167767

Price change
$950,000
-4.04%
08/14/2024
CRMLS

CRMLS #PI24167767

Listed
$990,000
+13.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

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

$460,249
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$413,751
Cash to seller
$460,249

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

Seller’s Loan History

Lender

Logix Fcu

Loan start date

January 2022

Original loan amount

$437,500

Est. remaining balance

$413,751

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Tanner Marsh and Marina Marsh

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: Off Market

Tomo last checked: 09/16/2024 at 12:35 PM

Listing updated: 08/30/2024 at 3:18 PM

Listed by: Chris Cucchiara, Keller Williams Realty Central Coast Phone #: (805) 773-7777

MLS: CRMLS #PI24167767

CRMLS logo

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