The median home value in Santa Maria, CA is $657,500.
This is
lower than
the county median home value of $735,000.
The national median home value is $308,980.
The average price of homes sold in Santa Maria, CA is $657,500.
Approximately 49% of Santa Maria homes are owned,
compared to 46% rented, while
4% are vacant.
Santa Maria real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Santa Maria real estate agent to arrange a tour today! Learn more about Santa Maria.
Welcome to an incredible opportunity in the heart of the Santa Maria Valley! This highly desirable neighborhood offers a rare chance to own approximately one-third of an acre of vacant land, ready and waiting for your vision. Whether you've been dreaming of building your forever home or designing a custom retreat, this spacious lot provides the perfect blank canvas. Surrounded by well-established homes and conveniently located near schools, shopping, parks, and commuter routes, the location combines both privacy and convenience. With utilities nearby and plenty of space for your ideal floor plan, outdoor living, or even a pool, this property is truly a builder's dream. Don't miss the opportunity to create your dream home in one of Santa Maria Valley's most sought-after communities.
SUMMARY This property offers a developer the chance to acquire a well-defined project with significant, pre-negotiated fee waivers and a resolved airport land use conflict. While it requires re-entitlement, the extensive project history and existing agreements provide a clear and de-risked roadmap for bringing 32 new homes to the attractive Orcutt market. KEY FINANCIAL ADVANTAGES & REDUCED FEES No School Fees for OUSD: A recorded settlement agreement with the Orcutt Union School District means a future developer will not have to pay school impact fees to the OUSD. This represents a considerable savings, as the current OUSD residential development fee is $3.69 per square foot as of June 2024, a potential savings of $160,000. No Quimby/Park Fees: A settlement with Santa Barbara County states that Quimby/Park fees, currently $5,344 per single-family dwelling, will not be required as the map has already been recorded. This amounts to a potential savings of over $171,000. No Affordable Housing In-Lieu Fees: The same settlement agreement with the county determined that no affordable housing mitigation would be required for the project, representing another significant potential cost reduction. HOA Agreement in Place: A mediated settlement with the Northpoint Homeowner's Association (HOA) clarifies that this phase is not required to join the existing HOA but will contribute to shared road and drainage basin maintenance. This agreement provides a clear framework for managing shared infrastructure costs and mitigates potential disputes with the existing association. DEVELOPMENT & ENTITLEMENT STATUS Expired but Clear Path Forward: While the previous Development Plan for the 32 units expired in 2018, the path to re-entitle the project is straightforward. The buyer will need to undergo a new Development Plan application consistent with the prior approvals. Favorable Airport Safety Zone Update: A 2023 revision to the Airport Land Use Compatibility Plan (ALUCP) has removed a "no build corridor" that previously conflicted with 15 of the lots, eliminating a significant past obstacle to development. Streamlining Potential: The site may qualify for the permit streamlining provisions of SB 35, as it is in an urban area with 75% of its perimeter already developed.
This 12+ acre parcel is zoned Highway Commercial and is located just off the northbound Santa Maria Way offramp and has direct access to the southern end of Santa Maria Way. The property is on the north side of Founders Avenue and is just next door (west) of the Santa Maria High School Technical Education Center. With a mixed terrain including a steeply sloping hill in the northwest corner, the usable portion of the lot is about 8+ acres. There are currently no site improvements or infrastructure. The property has a highway commercial zone designation under the land use ordinance of Santa Barbara County. It's been advised the property is also located within the sphere of influence of the city of Santa Maria. Please check with city and county for approved uses. Information is deemed reliable but not guaranteed.
This is a prime lot zoned 8-R-1 and consists of 4.83 acres. Located on the corner of E. Waller Lane and Santa Maria Way, offering great access to Hwy 135 and Hwy 101. The 8-R-1 zoning allows one unit per 8,000 sq ft lot -- but, there may be an opportunity for ADUs and other much needed housing. Please be sure to contact Planning and Development for clear and precise allowable uses. Please park curbside and walk to lot. Please do not drive on property.
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Based on information from CRISNet MLS as of 12/16/2025 11:55 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
