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4314 W Ocean Ave, Lompoc, CA, 93436

4beds
3baths
2,350sqft
$2,900,000
$1,234price/sqft
$18,509/moest. monthly cost
$740,360/yrincome needed

About This Home

Hillside Ranch - 123+/- acre legacy ranch just minutes from downtown Lompoc and Surf Beach. Zoned AG-II, the property qualifies under Santa Barbara County's new Ag Enterprise Ordinance, enabling future hospitality uses, including farmstays, campgrounds, and food service. The main residence is a spacious 4BD/3BA, 2,358+/- sqft home with two fireplaces, an office, and a large family room. Four additional rental homes generate 6,800 dollars per month in rental income, creating a unique opportunity for a multi-generational family compound or continued investment use. Infrastructure includes a 5,000+/- sqft historic redwood barn with new roof, a 2,520+/- sqft converted dairy building with heavy-duty power, 4,500+/- sqft equipment shed, studio, stable, pond, family orchard, and cattle facilities. A 70' deep well feeds a 20,000-gallon cistern, supporting three fire hydrants and ample water for ag use. Fenced and cross-fenced, with ocean breezes, expansive views, and a front-row seat to Vandenberg launches, this is a rare Central Coast offering blending rural utility, investment income, and future potential. Seller financing is available for qualified buyers.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

2/10
3/10
Lompoc High SchoolGrades 9-124.6 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Siding,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: In Kitchen,Nook,Breakfast Area,Dining Area,In Living

Features

  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,350
  • Total interior livable area: 2,350 sqft

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 093100073
  • Zoning description: Agricultural,Res Agriculture
  • Special condition: Standard
  • Horse amenities: Horse Facility

Features

  • Patio & porch: Patio
  • Fencing: Fenced Yard,Fenced
  • Has view: Yes
  • View description: Park/Greenbelt,Panoramic,Trees/Woods
  • Horses can be raised: Yes

Lot

  • Lot size: 123.27 Acres
  • Features: Level,Orchard(s),Rural Setting,Other Agriculture,Horses Allowed

Parking

  • Total spaces: 2
  • Parking features: Other,Drive Space,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Landslide
    LandslideVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Drought
Landslide
Inland Flooding
Wildfire
Earthquake

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$586$7,032
Property Taxes $2,757$33,084
Electricity $503$6,047
Total$18,509$222,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$634,594/yr
40% on housing$555,270/yr
45% on housing$493,573/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,234This listing

vs Other Active Listings

Avg $/sqft

ZIP 93436$340
Santa Barbara County$1,074

vs Homes Sold Last Month

Median $/sqft

ZIP 93436$399
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-01Price change$2,900,000
2025-05-12Listed for sale$3,200,000

For Sale by Agent

AgentJoe Ramos
BrokerageBerkshire Hathaway HomeServices California Properties

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