2008 Year End Tepusquet Canyon Market Update

Looking for a home off the beaten path? The small rural communities of Sisquoc, Garey, and the Tespusquet Canyon area are nestled in what has become known as Santa Maria valley wine country. Last year, a total of 8 properties were reported sold on the MLS in those areas. The lowest resale was a 2 bedroom 1 bath bank owned cottage on a 6500 square foot lot in Sisquoc which sold for $115,000 in February 2008. Also in Sisquoc, a charming and well kept 2 bedroom 1 bath cottage on an acre of land on Foxen Canyon Road sold for $360,000 in November 2008. And in Garey, a 2 bedroom, 2 bath, 1000 square foot home sold for $272,500.

In Tespuquet, a 2000 square foot, 3 bedroom, 2 bath gated custom home on 2.5 acres sold for $480,000 in May 2008. Also, a 15 acre parcel with a 3 bedroom, 2 bath main house, and a separate guest home, 6 stall barn, and private well sold for $503,000 in October 2008. The most expenive re-sale reported was 160 acre plot with a small cabin on it which sold for just under a million at $995,000 in May 2008. If you are interested in buying a selling property in the Tepusquet, Sisquoc, or Garey areas, send me an email request at tni@mintprop.com, or give me a buzz at (805) 878-9879.

tniright_logo1Tni LeBlanc, JD, M.A., e-PRO
Broker/Owner, Mint Properties
(805) 878-9879, tni@MintProp.com
www.iLovetheCentralCoast.com
www.SellMyCentralCoastHome.com
www.CentralCoastRealEstateSearch.com

*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market

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