Wednesday, December 23, 2015

Palmer & Krisel-Designed Major Fixer For Sale - Lompoc, CA

It seems about once every two months a well-priced Palmer & Krisel fixer comes on the market, and this month we’ve already had one so far with the gone-in-a-flash fixer in Ramon Rise in Palm Springs. This home is another great deal, priced approximately $100,000 below recent comparables. Built in 1959, this Lom Park midcentury home features five bedrooms and two bathrooms in 1,698 expanded square feet with a detached two-car garage on a 6,900 square-foot lot with an asking price of $150,000.

There’s not much information available in this northern Santa Barbara County home, with only three photographs available in the listing. The listing does indicate that this is an estate sale, in as-is condition and will not qualify for traditional financing.

Backyard of home; Sliding glass doors lead to living room
The floor plan appears to be quite similar to the las Lom Park home we featured back in August, with the living room at southeast corner of the home, master bedroom and bath at the southwest corner, secondary bedrooms along the northeast side of the home and family room and kitchen along the northeast side. There’s also a permitted addition placing approximately 350 square feet and two bedrooms onto the original foundation of this home.

Addition between rear of home and detached garage

Google maps tells us there’s at least four abandoned vehicles in the jungle-like backyard of this home, amongst quite a bit of debris, building materials, wood pallets and bicyles. The formerly detached rear yard two-car garage is accessed via an alleyway, and appears to have as much deferred maintenance as the backyard.

This midcentury home will require a bit of energy, effort and creativity to bring it back to life. No telling what the original interior details are like – hopefully there will be some that are worthy of being salvaged. We’ll keep our eyes open for a renovation coming soon, this home will definitely not last at its current asking price.

Check out the full listing on here: 300 North Poppy Street

Or here: 300 North Poppy Street

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