
538 Milky Way Unit 2 Lompoc, CA 93436
Estimated payment $3,051/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
- 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 |
---|---|---|---|---|
07/08/2025 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 |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25095898

APN: 097-053-006
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