7840 Cougar Ridge Way, Santa Maria, CA, 93454
About This Home
Escape to wide-open space with this 2 bedroom, 2 bath home situated on 40 acres in San Luis Obispo County with a Santa Maria address. Living area has inviting wet bar area for additional functionality. Located off Hwy 166 this property offers privacy, functionality and endless possibilities. Perfect for 4-H projects, animals, agriculture or anyone looking for room to roam. The expansive acreage provides space for barns, workshop and riding areas. This property combines county freedom and practical convenience. 30 minutes from Hwy. 101.This is a multi-level property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Oven/Range-Gas,Microwave,Oven,Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 3
- Fireplace features: Family Room,Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Other
- Cooling features: None
Interior Area
- Total structure area: 2,149
- Total interior livable area: 2,149 sqft
Master Bedroom
- Level: Lower
Property
Details
- Parcel number: 048151043
- Zoning description: Agricultural
- Special condition: Agent Rel/Princ
Features
- Has view: Yes
- View description: Hill/Peak/Mnt,Panoramic
Lot
- Lot size: 40 Acres
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Inland Flooding
- Landslide
- Wildfire
- Drought
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in San Luis Obispo County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,626 | $55,512 |
| Home Insurance * | $168 | $2,016 |
| Property Taxes | $812 | $9,744 |
| Electricity | $460 | $5,529 |
| Total | $6,066 | $72,792 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Price change | $998,000 |
| 2026-02-17 | Listed for sale | $1,075,000 |
| 2020-06-26 | Sold | $2,000 |
| 2014-01-28 | Sold | $378,000 |
| 2005-04-07 | Sold | $890,000 |
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