Exploring the Cambria Homes Under $1.2 Million: Buyer and Seller Insights

If you’re considering the charming coastal town of Cambria for your next home or investment, the market under $1.2 million offers diverse opportunities.

With a range of properties that include condos, single-family homes, and unique manufactured residences, this segment of the market is as varied as it is appealing. Here’s a closer look at what buyers and sellers can expect.

Buyer Insights

1. A Range of Options

The Cambria market under $1.2 million features everything from centrally located condos to spacious homes with ocean views:

• Entry-Level Properties: A 2-bedroom, 1.5-bath condo at 2650 Main St. is listed at $479,000. It offers convenience and move-in readiness, making it an excellent choice for first-time buyers.

• High-End Listings: The $1,195,000 property at 2190 Benson Avenue delivers Victorian charm, ocean views, and over 2,000 sq. ft. of space.

2. Diverse Features and Locations

Buyers can choose properties near Cambria’s iconic attractions or those nestled in serene neighborhoods:

• Nature Lovers: Homes like 5140 Guildford Dr. ($775,000) sit near the Fiscalini Ranch Preserve, perfect for those who value proximity to trails and open space.

• Ocean Access: Listings such as 560 Lancaster St. ($1,049,500) provide walkability to Moonstone Beach and Shamel Park.

3. Investment Potential

Properties with vacation rental licenses, such as 908 Suffolk St. ($1.1 million), are appealing for buyers interested in supplemental income. Ensure you verify rental policies and understand local regulations.

4. Consider Renovation Opportunities

For those willing to invest in improvements, homes like 1986 Sherwood Dr. ($750,000) come with approved building plans, offering the chance to customize and increase value.

5. Price Comparisons Matter

The price per square foot ranges significantly:

• Lower-end: $534.60/sq. ft. for a condo at 2650 Main St.

• Higher-end: $1,383.93/sq. ft. for the smaller, newly renovated home at 5140 Guildford Dr. Carefully assess which properties provide the best value for your needs.

Seller Insights

1. Highlight Unique Features

Sellers should emphasize what sets their property apart. For instance:

• Ocean Views: Homes like 2190 Benson Avenue or 908 Suffolk St. should capitalize on their breathtaking scenery.

• Recent Upgrades: The fully remodeled 560 Lancaster St. can attract buyers seeking move-in-ready homes.

2. Price Strategically

Price your property in line with its condition and features:

• Recently upgraded homes justify higher price points, but these improvements must be highlighted in marketing.

• Properties needing work, such as 1825 Benson Ave. ($1 million), should provide clear cost estimates for buyers to envision potential upgrades.

3. Location is Key

Whether it’s proximity to downtown Cambria or coastal attractions, ensure marketing materials showcase the benefits of the location. For example, 2650 Main St. appeals to buyers looking for central access, while 5854 Sunbury Ave. ($899,000) offers privacy backing up to Covell Ranch.

4. Cater to Vacation Rental Buyers

If your property has a vacation rental license, make this a focal point. Highlight income potential and any existing rental history to attract investors.

5. Invest in Staging and Presentation

Homes like 5140 Guildford Dr., which underwent $140,000 in renovations, should be professionally staged to maximize visual appeal. Staging can significantly impact a buyer’s perception of value.

Cambria Market Overview

The Cambria housing market under $1.2 million offers opportunities for a variety of buyers. Whether you’re looking for a primary residence, vacation home, or investment property, there are options that cater to your needs.

For sellers, understanding what buyers are looking for and positioning your home strategically can make all the difference.

Cambria’s unique charm and diverse housing options make it a standout market on California’s Central Coast.