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.
Sold for $490,000
Listed by: Peak Properties • Ryan Benson • Contact: 805-550-1980
Bought with: New America Realty
Tax assessed value
$490,000
538 Milky Way, Lompoc, CA 93436
3beds
1,269sqft
Single Family Residence
Built in 1962
6,534 Square Feet Lot
$499,800 Zestimate®
$386/sqft
$3,116 Estimated rent
Home value
$499,800
$450,000 - $555,000
$3,116/mo
Zestimate® history
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List your homeWhat's special
Expansive backyardPotential for outdoor projectsModern cabinetryOpen-concept layoutLarge windowsNatural lightRenovated bathroom
Zillow last checked:
Listing updated:
Listed by:
Ryan Benson DRE #01949307 805-550-1980,
Peak Properties,
Timothy Bomben DRE #02253278 805-305-3960,
Peak Properties
Bought with:
Daniel Armenta, DRE #01487107
New America Realty
Source: CRMLS,MLS#: SC25095898
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Cooling
- None
Appliances
- Laundry: In Garage
Features
- Main Level Primary
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,269 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1st
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,534 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 097053006
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Military Land, Sidewalks
Location
- Region: Lompoc
Financial & listing details
- Price per square foot: $386/sqft
- Tax assessed value: $490,000
- Date on market: 5/6/2025
- Cumulative days on market: 80 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $490,000-1.8%$386/sqft |
Source:  CRMLS #SC25095898 Report a problem | ||
| 8/22/2025 | Pending sale | $499,000$393/sqft |
Source: CRMLS #SC25095898 Report a problem | ||
| 7/31/2025 | Contingent | $499,000$393/sqft |
Source: CRMLS #SC25095898 Report a problem | ||
| 7/8/2025 | Price change | $499,000-1.2%$393/sqft |
Source: CRMLS #SC25095898 Report a problem | ||
| 6/24/2025 | Price change | $505,000+1%$398/sqft |
Source: CRMLS #SC25095898 Report a problem | ||
| 5/6/2025 | Listed for sale | $500,000+145.1%$394/sqft |
Source: CRMLS #SC25095898 Report a problem | ||
| 1/8/2002 | Sold | $204,000+54.5%$161/sqft |
Source: Public Record Report a problem | ||
| 6/11/1999 | Sold | $132,000+14.8%$104/sqft |
Source: Public Record Report a problem | ||
| 7/25/1994 | Sold | $115,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $490,000 +62.6% |
| 2025 | $3,724 +5.2% | $301,345 +2% |
| 2024 | $3,540 +0.4% | $295,437 +2% |
| 2023 | $3,525 +1.2% | $289,645 +2% |
| 2022 | $3,484 -1% | $283,966 +2% |
| 2021 | $3,519 +1% | $278,399 +1% |
| 2020 | $3,484 +1.5% | $275,545 +2% |
| 2019 | $3,432 +1.4% | $270,143 +2% |
| 2018 | $3,384 +4.5% | $264,847 +2% |
| 2017 | $3,237 +11.2% | $259,655 +2% |
| 2016 | $2,911 +2.3% | $254,565 +1.5% |
| 2015 | $2,847 | $250,742 +2% |
| 2014 | $2,847 | $245,831 +2.5% |
| 2012 | -- | $239,924 +2% |
| 2011 | -- | $235,221 +0.8% |
| 2010 | -- | $233,464 -0.2% |
| 2009 | -- | $234,020 +2% |
| 2008 | -- | $229,432 +2% |
| 2007 | -- | $224,934 +2% |
| 2006 | -- | $220,525 +2% |
| 2005 | -- | $216,202 +3.9% |
| 2003 | -- | $208,080 +48.5% |
| 2002 | -- | $140,078 +2% |
| 2001 | -- | $137,332 +2% |
| 2000 | -- | $134,640 |
Find assessor info on the county website
Neighborhood: 93436
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Nearby schools
GreatSchools rating
- 6/10Buena Vista Elementary SchoolGrades: K-6Distance: 0.9 mi
- 3/10Vandenberg Middle SchoolGrades: 7-8Distance: 4.6 mi
- 7/10Cabrillo High SchoolGrades: 9-12Distance: 1 mi
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- California
- Santa Barbara County
- Lompoc
- 93436
- 538 Milky Way
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