ActiveResidential · sale

2968 Ardath Drive

Cambria, CA 93428

$1,480,000

  • 5 beds
  • 5 baths
  • 3,128 sq ft
  • 0.48 acres
  • Built 1964

Listed by Coastal Real Estate · MLS #SC26109216

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PROPERTY QUESTIONS & SHOWINGS

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2968 Ardath Drive, Cambria, CA 93428 · MLS #SC26109216

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The original Ardath Drive side of the home features 3 bedrooms and 2 bathrooms, along with its own laundry closet, Ipe wood deck, and access to the terraced yards.

Year built

Built in 1964.

Garage parking

4 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Delightfully unique split-level property in Cambria offering exceptional flexibility for multi-generational living or extended guests. Situated on nearly half an acre with approximately 3,128± sq.ft., this expansive 5 bedroom, 4.5 bathroom home is thoughtfully designed to function much like two homes in one. The original Ardath Drive side living area offers approximately 1,535± sq.ft., while a substantial 1,593± sq.ft. addition completed around 2016 created a separate Spencer Street side living space. The Spencer Street side living area offers 2 bedrooms and 2 bathrooms, plus an additional dining area/den currently utilized as a bedroom/workout room. A former third bedroom on this side has been converted into a kitchenette area complete with cabinetry, counters, sink, and full-size refrigerator, adding even more flexibility for extended living arrangements. This side of the home also features multiple Ipe wood decks, a cozy wood-burning fireplace, and private laundry room. The original Ardath Drive side of the home features 3 bedrooms and 2 bathrooms, along with its own laundry closet, Ipe wood deck, and access to the terraced yards. Separate driveways from both Ardath Drive and Spencer Street provide convenient access and added privacy for each side of the home. A connecting door separates the two living spaces and can be locked open, closed, or removed depending on your needs. Additional highlights include beautiful solid oak flooring, an updated kitchen, grand entry, multiple living areas, wooded views with distant hill vistas, terraced gathering areas with pavers and slate stone, over 3,600 gallons of combined cistern water storage for irrigation, two furnaces, two water heaters, and a massive tandem four-car garage with workshop space and half bath.

THE NEIGHBORHOOD

Explore the location.

2968 Ardath Drive, Cambria, CA 93428

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1964
Full baths
4
Half baths
1
Garage spaces
4
Cooling
None
Appliances
Dishwasher,GasRange,Refrigerator
Flooring
Tile,Vinyl,Wood
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Wood
Pool
No
Pool features
None
Subdivision
Lodge Hill(430)
Parcel
024063083
Elementary school
Cambria
Middle school
Santa Lucia
High school
Coast Union
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$6,166.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #SC26109216 · California Regional MLS

Listing brokerage: Coastal Real Estate
Listing agent: Sophia McDonald

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.