ActiveResidential · sale

380 Drake

Cambria, CA 93428

$1,649,000

  • 3 beds
  • 3 baths
  • 2,284 sq ft
  • 0.16 acres
  • Built 1996

Listed by Home & Ranch Sotheby's Intl · MLS #NS26225163

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

380 Drake, Cambria, CA 93428 · MLS #NS26225163

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Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Skylights bring natural light into the open living spaces, where a gas fireplace anchors the living room and the dining area looks toward the Pacific.

Details worth a look

The primary bedroom has a particularly inviting feature: a window-lined sitting area that projects into the garden, surrounded by greenery and natural light.

Year built

Built in 1996.

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

THE PROPERTY

Get to know the property.

Set on an oversized parcel encompassing four original subdivision lots in Cambria's Marine Terrace neighborhood, 380 Drake Street is a Mediterranean-style home where ocean views, sun-filled living spaces, and lush gardens come together just a short walk from the coast.

A stone pathway winds through drought-tolerant landscaping to the front entrance. Inside, warm wood finishes, tiled floors, exposed beams, and architectural ceiling details give the home its character. Skylights bring natural light into the open living spaces, where a gas fireplace anchors the living room and the dining area looks toward the Pacific. The kitchen features stone countertops, wood cabinetry, quality appliances, a walk-in pantry, and a generous peninsula with bar seating.

Everyday living takes place entirely on this street-level floor, including the primary suite, guest bathroom, and an office with extensive built-ins. The primary bedroom has a particularly inviting feature: a window-lined sitting area that projects into the garden, surrounded by greenery and natural light. It's an intimate space that feels tucked away from the rest of the house.

Just beyond the dining room, an enclosed ocean-view patio offers a place to enjoy morning coffee, watch the changing coastal light, or entertain friends around the wet bar, all while protected from the ocean breeze. From here, stairs lead into the gardens below. Stone pathways weave through flowering plants and established landscaping, connecting a koi pond, a bougainvillea-covered pergola with a swing, and a spacious paved gathering area. The gardens wrap around the home, creating a series of private outdoor spaces to explore and enjoy.

Downstairs, two additional bedrooms, a guest bathroom, and an oversized laundry room provide space for family and visitors. Extensive storage, a dumbwaiter, a two-car garage, driveway parking, and approximately three additional gravel parking spaces add practicality.

Life here extends well beyond the property. Walk down to the ocean and nearby beach access, explore the coastal trails of Fiscalini Ranch Preserve, or spend an afternoon browsing Cambria's shops, restaurants, and tasting rooms. And when the mood strikes, Paso Robles wine country is an easy drive inland.

THE NEIGHBORHOOD

Explore the location.

380 Drake, Cambria, CA 93428

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1996
Full baths
2
Half baths
1
Garage spaces
2
Cooling
None
Heating
ForcedAir
Appliances
Dishwasher,ElectricCooktop,Disposal,GasOven,Microwave,Refrigerator,WaterSoftener
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected
Pool
No
Pool features
None
Spa
No
Subdivision
Marine Terrace(440)
Parcel
023046044
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.

Investor outlook Rental potential, ownership costs and property management

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$6,870.83
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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Your property and current assumptions will be included for our team to review.

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 & interest—Loan 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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

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

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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More in Cambria.

Listing information

MLS #NS26225163 · California Regional MLS

Listing brokerage: Home & Ranch Sotheby's Intl
Listing agent: Ian Chandler

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

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