538 Milky Way Unit 2 Lompoc, CA 93436
Estimated payment $2,931/month
Highlights
- No HOA
- 2 Car Attached Garage
- Laundry Room
- Cabrillo High School Rated A-
- Living Room
- 1-Story Property
About This Home
Best Value in Vandenberg Village!
This 3-bedroom, 2-bathroom home offers 1,269 square feet of well-designed living space and is priced to move—making it the smartest buy in the neighborhood. With an open-concept layout, the home flows seamlessly from the updated kitchen—featuring stone countertops and modern cabinetry—into the dining and living areas, perfect for entertaining.
The spacious primary bedroom includes a renovated bathroom with a walk-in shower, while the two additional bedrooms offer generous square footage and large windows that fill the space with natural light. The attached 2-car garage and expansive backyard provide excellent potential for outdoor projects, expansion, or future improvements.
Located in a quiet, well-established neighborhood in Vandenberg Village—known for its wide streets, nearby parks, and proximity to Vandenberg Space Force Base—this area has become increasingly sought-after for the value it offers buyers willing to update and improve homes. This property presents a rare opportunity for any handy homeowner to get in at a great price, build equity, and grow long-term value in one of Lompoc’s more established neighborhoods.
Listing Agent
Peak Properties Brokerage Phone: 805-550-1980 License #01949307 Listed on: 05/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,540
Year Built
- Built in 1962
Lot Details
- 6,534 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
- Fixer Upper
- Slab Foundation
Interior Spaces
- 1,269 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Community Details
- No Home Owners Association
- Military Land
Listing and Financial Details
- Assessor Parcel Number 097053006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,540 | $301,345 | $118,172 | $183,173 |
| 2023 | $3,540 | $289,645 | $113,584 | $176,061 |
| 2022 | $3,484 | $283,966 | $111,357 | $172,609 |
| 2021 | $3,519 | $278,399 | $109,174 | $169,225 |
| 2020 | $3,484 | $275,545 | $108,055 | $167,490 |
| 2019 | $3,432 | $270,143 | $105,937 | $164,206 |
| 2018 | $3,384 | $264,847 | $103,860 | $160,987 |
| 2017 | $3,237 | $259,655 | $101,824 | $157,831 |
| 2016 | $2,911 | $254,565 | $99,828 | $154,737 |
| 2014 | $2,847 | $245,831 | $96,403 | $149,428 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Price Changed | $499,000 | -1.2% | $393 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $505,000 | +1.0% | $398 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $500,000 | -- | $394 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $204,000 | Stewart Title | |
| Grant Deed | $132,000 | Chicago Title Co | |
| Grant Deed | $115,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $181,900 | Unknown | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $126,100 | Unknown | |
| Closed | $100,000 | Unknown | |
| Closed | $50,000 | Unknown | |
| Closed | $12,000 | No Value Available | |
| Previous Owner | $131,123 | FHA | |
| Previous Owner | $98,300 | Unknown | |
| Previous Owner | $109,250 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25095898
APN: 097-053-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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