
San Clemente, California 92673
This Spacious Condominium represents a Prime Investment Opportunity, listed at $1,498,900—positioned well below the $1,542,665 Fair Market Value by 2%. This valuation gap offers $43,765 in Instant Equity for the buyer. Featuring a recently updated kitchen and a Condition Rating of 4, the home offers a solid foundation for personalization. With its quiet cul-de-sac location, expansive private outdoor space, and proximity to top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Las Posas Subject | $1,399,000* List Price | 3 | 3 | 2,586 | $540 | - |
A 152 Avenida Mesita 18 Active | $1,749,000 List Price | 4 | 4 | 2,971 | $589 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property features a recently updated kitchen with newer cabinetry and stainless appliances. However, the bathrooms remain dated with original tile countertops and fixtures, and the 'as-is' listing status combined with older carpet and finishes indicates the home needs further cosmetic updates and potential system oversight.
Situated at the end of a quiet cul-de-sac bordering a greenbelt, the property features an expansive and remarkably private outdoor living space rarely found in this neighborhood.
The home includes a recently updated kitchen with newer cabinetry and appliances, offering a contemporary foundation that saves the buyer from the immediate cost of a major remodel.
Located in the highly desirable Forster Ranch area, the property provides access to top-rated schools, including Truman Benedict Elementary and San Clemente High School.
The property is being sold in as-is condition, which suggests that while the kitchen is updated, other areas of the home may require additional investment for repairs or modernization.
Despite its size and yard, the property is classified as a condominium, which may involve specific association restrictions and different financing considerations compared to a traditional detached home.
Tucked away at the end of a quiet cul-de-sac in highly desirable Forster Ranch, this spacious 2,568-square-foot home offers a rare combination of privacy, generous living space, and one of the most exceptional outdoor settings in the neighborhood. The true centerpiece of this 3 bedroom + large upper level bonus room and 2.5 bath property is its expansive private outdoor space. More than just a backyard, this outdoor space lives as an extension of the home ideal for entertaining, outdoor dining, relaxing with a morning coffee, gardening, or simply enjoying the peaceful surroundings. High walls, mature landscaping, and the expansive greenbelt beyond create a setting that feels remarkably private and serene, offering an amenity rarely found in comparable homes. Inside, you’ll find a thoughtfully designed floor plan with spacious living areas and a recently updated kitchen featuring newer cabinetry and appliances, providing an excellent foundation for the next owner to personalize the home while avoiding the expense of a kitchen remodel. The generous primary suite includes a private balcony overlooking the lush outdoor space, creating a peaceful retreat to begin or end each day. Located in one of San Clemente’s most sought-after neighborhoods, residents enjoy nearby walking and biking trails, parks, award-winning schools, shopping, dining, and easy access to San Clemente’s beautiful beaches. Being offered as-is, this home presents a unique opportunity for buyers seeking exceptional space, privacy, and location while adding their own personal style over time. Properties with this combination of an oversized outdoor living environment, quiet cul-de-sac location, greenbelt setting, and spacious floor plan are increasingly difficult to find in San Clemente.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,586 | 1,352.424 |
| Lot Size | 584,299 | 104,002.758 |
| Price | $1.40M | $1.25M |
| Price per sq ft | $541 | $852 |
| Built year | 1989 | 1985 |
| HOA | $390.0 | $506 |
| Days on market | 43 | 54 |
Aug 27, 2026
$1,399,000
$1,498,900
-7% Price Drop
Initial Listing
Jul 28, 2026
$1,498,900
Initial Listing