1172 E Rice Ranch Rd 101, 102

3 Fully Permitted Homes, 1 Lot! Rare opportunities like this don't come along often in the heart of Orcutt! Situated in a well-established neighborhood on a spacious .20 acre lot, this beautifully remodeled 4-bedroom, 2-bath home offers versatility, income potential, and modern comfort -- all in one exceptional property.
The main home features an open-concept floorplan designed for today's lifestyle. The modern kitchen showcases shaker-style wood cabinetry, chic quartz countertops, and newer stainless-steel appliances -- perfectly blending style and function. The bright and inviting living room offers recessed lighting, durable vinyl flooring, and a cozy fireplace ideal for relaxing evenings. A convenient laundry room is located just off the kitchen for added ease.

All four bedrooms are generously sized with newer carpet and stylish light fixtures. Both bathrooms have been tastefully updated with custom tile work and designer finishes, creating a fresh, contemporary feel throughout.

Adding even more value are two additional units:

• A newly built (2025) detached 2-bedroom, 1-bath home complete with a kitchen, laundry and living area, and mini split (a/c and heat)- ideal for extended family, multi-generational living, or premium rental income.
• A newly built (2025) attached 1-bedroom, 1-bath unit complete with a kitchen, living area, and mini split (a/c and heat)- perfect for additional rental revenue.

All three units are currently tenant-occupied, offering flexibility for investors looking to reset rents or owner-occupants wanting to move in while maintaining income.

Located in a desirable Orcutt school district and close to shopping, dining, and commuter access, this property checks every box for investors and homeowners alike.

Whether you're looking to expand your portfolio, house hack, or create space for family while generating income -- this is the one you don't want to miss.

Schedule your private tour today before this rare Orcutt opportunity is gone!

*Photos are prior to tenants.