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240 Siler Lane, Santa Maria, CA 93455

$1.18M7bd · 4ba · 2,470 sqft
Lot 11,956 sqft•Single Family Residence•
Active
•24d on market•MLS# PI-26220241

Property Description

Two homes on one approximately 0.27-acre lot. This property features an expanded main residence and a newly constructed detached accessory dwelling unit (ADU), offering a range of living options. The main residence offers approximately 1,720 square feet with 4 bedrooms and 2 bathrooms. The original 732 square-foot home has undergone updates that include foundation reinforcement, plumbing and electrical improvements, and a new whole-house sprinkler system. An approximately 1,040-square-foot addition adds space and features 10-foot ceilings. Interior details include wide-plank laminate flooring, smooth-finish walls, and indoor laundry. The primary suite features an oversized walk-in closet and an ensuite bathroom with a freestanding soaking tub and separate walk-in shower. The detached ADU offers 3 bedrooms and 2 bathrooms, along with a kitchen equipped with stainless steel appliances and an indoor laundry area with gas hookups. With two separate living spaces, the property provides flexibility for guests, multigenerational living, or a home office, as well as potential rental income subject to local requirements.

Features & Amenities

FeeBuilt 1934

Property Details

Land Type
Fee
Year Built
1934
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
None
View
None
Flooring
Vinyl, Tile
Roof
Shingle
City
Santa Maria
Zip Code
93455
County
Santa Barbara
Listed byPB & Associates, Maria Guerrero Vazquez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,966.72
Principal & Interest
Loan Amount
$943,999
Total Interest
$1,204,019
Total Payment Over 30 Years
$2,148,018
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 4 active · 5 closed

240 Siler Lane, Santa Maria, CA 93455

Santa Maria · Single Family Residence

$1.18M
Residential Tier
Beds
7
Baths
4
Sqft
2,470
Lot
11,956 sqft
Year
1934
$/Sqft
$478
Pool: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 12.4% above the median closed sale of $1,050,000. Price per sqft ($478) is a 12% premium to closed comps ($426). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.18M· $478/sqft
Total list price
Closed comps
vs closed median $1.05M
+$130K (+12.4%)
Active comps
vs active median $1.20M
−$19K (−1.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $398
+$80 (+20.2%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
517 ClubhouseSanta Maria1981532,87613,068$417$1.20M9674
2889 LorencitaSanta Maria1969343,0359,148$354$1.07M2763
810 Fairway VistaSanta Maria1997343,23116,117$419$1.35M6354
1607 Tuscan WaySanta Maria2025442,8069,583$401$1.13M22654
Total: 4 · Average3.83.82,98711,979$397.75$1.19M103
Median3,035$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4358 CoachmanSanta Maria198105/05/2026432,61513,939$1.05M$1.03M$3960.999169
944 AmberleySanta Maria197708/31/2026432,45710,454$1.09M$1.05M$4270.965169
4420 Coventry CourtSanta Maria197406/30/2026432,2469,583$985,000$1.04M$4621.055368
1062 Camelot DriveSanta Maria198407/06/2026432,56211,761$1.05M$1.11M$4331.063867
4475 Whitecliff PlaceSanta Maria197606/12/2026432,78614,375$1.15M$1.15M$4131.003967
Total: 5 · Average4.03.02,533.212,022.4$1.08M$1.08M$426.2—54.4
Median2,562$1.05M$1.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.