$859,000
●
House -
Off Market
255 Waterfall Road
Templeton, CA 93465
3 Beds
2 Baths,
1
Half Bath
1,760 Ft²
$4,293
Est. Monthly
$75
HOA / Fees
3.31%
Cap Rate
About This Property
Welcome to 255 Waterfall, where comfort, style, and function meet
in the heart of the highly desirable Templeton community. Nestled
in a prime location within the sought-after Templeton school
district, this beautifully maintained home offers 3 bedrooms, 2.5
bathrooms, and 1,760 square feet of thoughtfully designed living
space on a 4,800 square foot lot.
Step inside to discover a bright and inviting open-concept kitchen and dining area. Rich dark wood cabinetry, stainless steel appliances, and a large granite island with seating for four create the perfect gathering space. Natural light pours in through oversized sliding glass doors, enhancing the warmth of the beautifully tiled floors. A farmhouse-style dining table, minimalist artwork, and a modern chandelier add charm and character, making this the heart of the home.
The living room welcomes you with an abundance of natural light, neutral tones, and a cozy fireplace that anchors the space. Elevated ceilings and a sleek modern fan add a sense of spaciousness, while the tile flooring ensures both style and practicality. It's the ideal spot to relax, entertain guests, or enjoy a quiet night in.
Retreat to the serene primary suite featuring luxury vinyl plank flooring, generous closet space, and a beautifully crafted sliding barn door that adds a touch of rustic elegance while providing access to the en suite bath. The bathrooms throughout the home are appointed with sleek quartz counters, with a solid surface in the powder room, offering both elegance and durability. An indoor laundry room adds convenience to your daily routine.
Step outside to a sunny, private backyard designed for both relaxation and entertaining. The spacious concrete patio is perfect for outdoor dining or lounging, while the well-maintained landscaping provides a touch of nature and color with low-maintenance appeal.
This turnkey home offers a rare opportunity to enjoy modern comforts in one of the Central Coast's most beloved communities. Don't miss your chance to experience the best of Templeton living!
Step inside to discover a bright and inviting open-concept kitchen and dining area. Rich dark wood cabinetry, stainless steel appliances, and a large granite island with seating for four create the perfect gathering space. Natural light pours in through oversized sliding glass doors, enhancing the warmth of the beautifully tiled floors. A farmhouse-style dining table, minimalist artwork, and a modern chandelier add charm and character, making this the heart of the home.
The living room welcomes you with an abundance of natural light, neutral tones, and a cozy fireplace that anchors the space. Elevated ceilings and a sleek modern fan add a sense of spaciousness, while the tile flooring ensures both style and practicality. It's the ideal spot to relax, entertain guests, or enjoy a quiet night in.
Retreat to the serene primary suite featuring luxury vinyl plank flooring, generous closet space, and a beautifully crafted sliding barn door that adds a touch of rustic elegance while providing access to the en suite bath. The bathrooms throughout the home are appointed with sleek quartz counters, with a solid surface in the powder room, offering both elegance and durability. An indoor laundry room adds convenience to your daily routine.
Step outside to a sunny, private backyard designed for both relaxation and entertaining. The spacious concrete patio is perfect for outdoor dining or lounging, while the well-maintained landscaping provides a touch of nature and color with low-maintenance appeal.
This turnkey home offers a rare opportunity to enjoy modern comforts in one of the Central Coast's most beloved communities. Don't miss your chance to experience the best of Templeton living!
Unit Size
1,760 Ft²
Days on Market
39 days
Land Size
0.11 acres
Price per sqft
$488
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2017
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #NS25115558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Price Decreased |
$859,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$864,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| May 23, 2025 | Listed by Platinum Properties | $869,000 | |
| Listed by Platinum Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Templeton
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Listed by: Jennifer Dawson, Platinum Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NS25115558
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NS25115558
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