111 W Avenida Santiago, San Clemente, California 92672, San Clemente, 92672 - 2 bed, 2 bath
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San Clemente, California 92672
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,000—positioned slightly above the $1,450,931 Fair Market Value. While the current Condition Rating of 6 reflects its original 1964 state, the Golden Triangle location and significant expansion potential provide a rare canvas for forced appreciation. The 5,085 sq. ft. lot allows for a substantial footprint increase, making this an ideal project for Value-Add Investors or Owner-Occupants looking to build a custom coastal residence in a premier San Clemente neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 W Avenida Santiago Subject | $1,499,000* List Price | 2 | 2 | 1,018 | $1,425 | - |
A 208 W Avenida Cordoba Sold | $1,900,000 | 2 | 2 | 1,262 | $1,506 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is 60 years old (built 1964) and is being offered by the original owners for the first time, indicating no major renovations. The listing focuses almost entirely on the lot's 'build potential' and 'reimagining' the site for a much larger new construction, fitting the criteria for a structure over 50 years old where value lies in the land.
Situated in the highly coveted 'Golden Triangle' west of the I-5, the property is within walking distance to T-Street beach, the San Clemente Pier, and downtown boutiques.
The 5,085 sq. ft. lot offers a rare opportunity to reimagine the site as a larger custom residence, potentially up to 2,900 sq. ft. with a rooftop deck to maximize ocean views.
Offered for the first time since 1964, this original-owner property provides a unique 'blank canvas' in a neighborhood where listings are exceptionally infrequent.
The current 1,018 sq. ft. footprint with only 2 bedrooms and 1.5 baths is quite small for the price point, likely requiring immediate renovation or expansion.
As a 1964 original-owner home, the property likely requires significant modernization and capital investment to meet contemporary luxury standards.
First time on the market since 1964. This 2 bed, 1.5 bath, 1,018 sq. ft. home sits on a 5,085 sq.ft. lot One family bought this San Clemente home when gas was 30 cents a gallon. They held it for over sixty years as the Golden Triangle (west of I-5, north of Palizada, south of El Camino) became one of South Orange County's most coveted addresses. Picture it. A 0.6-mile walk to the sand at iconic T-Street. Peek-a-boo Pacific from the kitchen. The ocean in view from the front yard. Saturday Farmers Market on Avenida Del Mar. Sunday surfs and sunsets on the sand. Evening strolls along the Beach Trail. The Pier, the library, the community center, and downtown's boutiques and cafes, all a short walk away. A mile to San Clemente Municipal Golf, easy I-5 access and close to Capistrano Unified schools. Here is what makes this rare. The lot has room. Room to expand out, back, and up. Reimagine as a 1,500 to 1,700 sq ft single-story home, or a 2,500 to 2,900 sq ft two-story with a rooftop deck. Either way, keep a real backyard. (Buyer to verify build potential with the City of San Clemente and other agencies.) Attached garage with direct entry to the home, driveway, and room for the boards, bikes, and whatever else the coast asks of you. Properties in the Golden Triangle do not sell often. Original-owner offerings almost never sell. The combination of this block, this lot, and this opportunity is the canvas that defines a family's next sixty years. Come preview it before it is gone this is a MUST SEE!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,018 | 2,077.5 | 8% |
| Lot Size | 5,085 | 6,300 | 35% |
| Price | $1.50M | $2.05M | 24% |
| Price per sq ft | $1.5K | $1.0K | 84% |
| Built year | 1964 | 1975 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 120 | 4% |
May 20, 2026
$1,499,000
Initial Listing