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Welcome to 406 S. I Street, a property with exciting opportunity to create your dream in one of Lompoc’s most desirable neighborhoods. This delightful 2-bedroom, 1-bath cottage sits on a generous 6,970 square foot lot studded with mature trees. The wonderful Old Town area features cafe's, restaurants, murals, and unique historic architecture around every corner. A short trip away is the famous Miguelito Park, offering scenic views of nature, picnic areas, and recreation opportunities. The property offers exceptional versatility with a fully fenced backyard, convenient alley access, and a detached one-car garage, ideal for parking, storage, or potential future improvements. Inside you will find original solid wood floors, upgraded windows, and a convenient single level floor plan. Beyond the fenced yard, additional level land extends to the alley, offering extra yard space and exciting possibilities for expansion. Zoned R-2 (Medium Density), the property supports development potential, including the possibility of additional units and/or Accessory Dwelling Units (ADU). Verify development opportunities with the City of Lompoc. ***The adjacent property at 400 S. I Street is also offered for sale***
Listing agent: Erik Berg-Johansen DRE #02061242 erikbjrealestate@gmail.com, Listing office: Central Coast Sotheby's International Realty
MLS data updated 10/22/2026, 3:03:32 PM PT
Source: CRMLS, MLS #: SC26076632
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 8, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$382,000Closed sale · May 8, 2026ZIP 93436 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.