1550 Main St, Cambria, CA 93428
1550 Main St, Cambria, CA 93428
Property Description
This property is truly a rare find! Nestled in Cambria’s charming downtown, this unique offering includes two single-family homes with two separate residential water meters. Both properties are currently rented generating around $8K a month. The larger home at the back, is a 2,287 square foot home with an open concept that was recently remodeled. The spacious living room flows into a formal dining area, a big kitchen with new cabinets, quartz countertops and featuring a big kitchen island perfect for entertainment. There is also a convenient half-bath off to the living room. A few steps down, you'll find a cozy bedroom, a three-quarter bath, a laundry room, and two expansive one-car garages. Behind the garages, enjoy a private enclosed sunroom—a perfect spot to unwind. Upstairs, the oversized primary bedroom features its own recently remodeled full bath, along with two more large bedrooms and a shared bathroom. The second home a charming 1,032 square foot original front house has been thoughtfully transformed into a 3-bedroom, 1-bath home, complete with a cozy living room, kitchen, and a convenient washer/dryer space. The tenants of 30 years have also created a small private studio with a three-quarter bath. Despite its prime Main Street location, the property is wonderfully secluded, thanks to the retaining wall, lush greenery, and its position below street level. Santa Rosa Creek runs along the back, with a corner of the property extending across the creek into the CCSD yard. Parking is a breeze with a large turnaround driveway—perfect for hosting an RV, boat, or any other toys you might have. And for those who love fresh fruit, you’ll find a variety of fruit trees scattered throughout the property. This one-of-a-kind .92-acre property offers limitless potential! With two separate meters for electricity, gas, and water, there’s also the possibility of splitting the properties—check with SLO County for details. Property is also currently eligible for a Vacation Rental License! Don’t miss out on this incredible opportunity!
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About Cambria
This property is located in Cambria, a community in Cambria. Explore more listings in this neighborhood to compare options and pricing.
View Cambria ListingsComparative Market Analysis
Luxury Tier · 5 active · 5 closed
Cambria · Cambria · Single Family Residence
Listed 20.3% below the median closed sale of $2,070,300. Price per sqft ($497) is a 23% discount to closed comps ($645). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 6445 Kathryn | Cambria | 2003 | 3 | 3 | 3,467 | 43,560 | $748 | $2.60M | 64 | 72 |
| 2968 Ardath Drive | Cambria | 1964 | 5 | 5 | 3,128 | 20,820 | $473 | $1.48M | 142 | 71 |
| 2786 Eton Road | Cambria | 2025 | 3 | 3 | 2,657 | 294,901 | $1,035 | $2.75M | 172 | 65 |
| 4925 Windsor Boulevard | Cambria | 1983 | 3 | 4 | 2,839 | 8,000 | $1,233 | $3.50M | 102 | 60 |
| 1987 Dorking Avenue | Cambria | 1974 | 3 | 3 | 2,593 | 11,490 | $424 | $1.10M | 143 | 59 |
| Total: 5 · Average | 3.4 | 3.6 | 2,936.8 | 75,754.2 | $782.6 | $2.28M | 124.6 | |||
| Median | 2,839 | $2.60M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1951 Pierce Avenue | Cambria | 1987 | 09/18/2026 | 3 | 3 | 2,726 | 11,980 | $995,000 | $925,000 | $339 | 0.93 | 92 | 72 |
| 5710 Moonstone Beach | Cambria | 2000 | 06/30/2026 | 3 | 4 | 3,445 | 5,625 | $4.25M | $3.95M | $1,147 | 0.93 | 101 | 58 |
| 4824 Windsor Boulevard | Cambria | 2001 | 06/17/2026 | 4 | 3 | 3,037 | 10,890 | $2.50M | $2.60M | $856 | 1.04 | 41 | 58 |
| 2295 Benson Avenue | Cambria | 1995 | 10/09/2026 | 4 | 3 | 3,598 | 7,800 | $2.00M | $2.07M | $575 | 1.04 | 33 | 57 |
| 431 Leighton | Cambria | 1979 | 07/20/2026 | 4 | 4 | 2,544 | 3,500 | $849,000 | $780,000 | $307 | 0.92 | 93 | 56 |
| Total: 5 · Average | 3.6 | 3.4 | 3,070 | 7,959 | $2.07M | $2.07M | $644.8 | — | 72 | ||||
| Median | 3,037 | $2.07M | $2.07M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.