
El Granada, California 94018
This custom coastal residence represents a High-Potential Investment Opportunity, listed at $2,199,000—positioned slightly above the $2,118,511 Fair Market Value. While the price reflects a premium, the property offers significant value through its panoramic Pacific views, 2020 Solar Roof with Powerwalls, and a 3-stop elevator. With a Condition Rating of 4, the included $50,000 buyer incentive facilitates essential cosmetic updates. The lower level’s private entrance provides excellent ADU potential. This is a rare acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a distinctive, energy-efficient coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 107 Dolphine Avenue Subject | $2,199,000* List Price | 4 | 4 | 3,552 | $596 | - |
A 103 Dolphine Avenue Sold | $1,849,000 | 5 | 4 | 2,860 | $647 | 0.0 mi |
B 389 Avenue Granada Sold | $1,675,000 | 5 | 3 | 2,770 | $605 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is over 20 years old with original kitchen and bath finishes that appear dated. While the solar roof and Powerwalls are excellent modern upgrades (2020), the interior style and the $50,000 incentive for updates indicate the home is ready for cosmetic modernization.
The property features exceptional, unobstructed vistas of the Pacific Ocean, Pillar Point Harbor, and mountains, stretching from the Ritz-Carlton to Mavericks.
Equipped with a 2020 solar roof (NEM 2), dual Powerwalls, and a three-stop elevator, the home offers modern efficiency and long-term accessibility.
A lower level with a private entrance and a flat backyard provides an ideal setup for an ADU or guest suite, offering significant flexibility for buyers.
With a 3,552 sqft home situated on a 5,452 sqft lot, the outdoor yard space is relatively constrained compared to the substantial interior living area.
The inclusion of a $50,000 credit for updates suggests that the 2002 interior finishes may require modernization to meet contemporary luxury standards.
$50,000 SUMMER BUYER INCENTIVE! Use the credit toward an interest rate buydown, closing costs, or updates that reflect your style. Perched Above the Pacific - a custom coastal residence with panoramic Pacific, harbor and mountain views. Designed around its elevated setting, this custom home showcases distinctive architecture, expansive living spaces, remarkable privacy, and sweeping vistas from the Ritz to Mavericks. Cathedral ceilings with exposed beams and a dramatic skylight fill the home with natural light. Feng Shui-inspired design promotes harmonious flow throughout. The main level offers a chef's kitchen, dining, family room, formal living room, and front & rear patios - all positioned to celebrate the scenery. Upstairs, the spacious primary suite enjoys ocean and forest ridgeline views, a home office, walk-in closet, and expansive bath. Modern conveniences include a 3-stop elevator, Solar Roof (2020, NEM 2) & dual Powerwalls. A flat backyard and lower level with private entrance offer excellent ADU or multigenerational living potential. Bring your vision to one of the Coastside's most distinctive homes, where exceptional views, privacy and architectural character create a rare opportunity. Minutes from Quarry Park, Pillar Point Harbor, beaches, & downtown Half Moon Bay.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,552 | 1,290 |
| Lot Size | 5,452 | 5,000 |
| Price | $2.20M | $1.44M |
| Price per sq ft | $619 | $917 |
| Built year | 2002 | 1977 |
| HOA | $0 | $0 |
| Days on market | 20 | 55 |
Jul 2, 2026
$2,199,000
Initial Listing
Oct 9, 1998
$60,000
Public Record