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5845 Leaf Springs — Santa Maria — 4 Beds • 3 Baths • 2,536 Sq Ft | Belmont Brokerage

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$1,050,000

$414/ft²

5845 Leaf Springs, Santa Maria, CA 93455

Property Description

Welcome to 5845 Leaf Springs Place, located in the desirable Groves at Rice Ranch gated community in Orcutt. This property offers a wonderful opportunity to make a home your own in one of the area's most sought-after neighborhoods. Situated on a corner lot, this location affords an unusually large backyard space that is just waiting for you to develop as your own! Inside you'll find an open, light-filled space complete with four bedrooms plus an office or other flexible-use area. The primary suite is set away from the guest bedrooms and offers backyard access plus a spa-like bathroom with generous walk-in closet. The property is ready to be refreshed inside, giving the new owner the opportunity to truly customize to their taste. Ownership in The Groves includes access to the exclusive Summit Club, complete with clubhouse, pool, spa, workout space, sports courts, plus bbq and picnic areas with firepits. This south Orcutt location gives close proximity to so much -- schools, Orcutt Community park, shopping and dining, plus charming Old Town Orcutt. Plus this is an ideal location for those commuting to SLO or Vandenberg SFB! Come and see what life in Rice Ranch is all about!

Listing provided by: Gina GluyasDRE #01732656805-592-2050 gina@bhgrehaven.com, BHGRE HAVEN PROPERTIES

MLS #: SC26198419

FLIP & EXPANSION SIMULATORHIGH RISK / NEGATIVE

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

-$56K

-7.5% ROI

Rehab + Add$463K

Est. ARV$1534K

Est. Profit-$56K

Proj. ROI-7%

Sqft to Add (Expansion / ADU)+600 sqft (3,136 total sf)

Remodel Rate (Existing Space)$140/sqft ($355K total)

New Build Rate (Addition / ADU)$180/sqft ($108K total)

Purchase Price:$1,050,000

Remodel (2536 sf @ $140/sf):$355,040

Addition (+600 sf @ $180/sf):$108,000

Est. Closing, Holding & Fees (~5%):$76,675

Target ARV (3136 sf @ $489/sf):$1,533,504

Est. Net Profit:-$56,211

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$1,050,000

5845 Leaf Springs, Santa Maria, CA 93455

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5845 Leaf Springs, Santa Maria, CA 93455

About This Property

$1,050,000

5845 Leaf Springs, Santa Maria, CA 93455

Property Description

Virtual Tour

Location

Presented by Belmont Brokerage Inc.