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121 Loma Lane, San Clemente, California 92672, San Clemente, 92672 - 5 bed, 7 bath

121 Loma Lane, San Clemente, California 92672 home-pic-0
ACTIVE$2,700,000
121 Loma Lane, San Clemente, California 92672
5Beds
7Baths
4,900Sqft
5,227Lot
Year Built
2005
Close
-
List price
$2.7M
Original List price
$3M
Price/Sqft
$551
HOA
-
Days on market
-
Sold On
-
MLS number
OC25127869
Home ConditionGood
Features
Good View: Ocean
Deck
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $2.70M(86th), sqft - 4900(93th), beds - 5(79th), baths - 7(93th).

Stunning, luxury duplex located close to world famous beaches, shopping and fine dining. All situated in the quaint setting of downtown San Clemente. Built in 2005 all upgraded details throughout. Very open and airy multi-level units. Unit A: 2 bedroom 2 1/2 bath + huge bonus room off garage. Unit B : 3 bedroom 3 1/2 bath. Both units have 2 car attached garages with directed access. Both units have numerous patios and decks. Included is an ocean view roof top deck. The kitchens have upgraded appliances, granite counters & islands, truly gourmet kitchens. Unit B has 2 fireplaces, and are suited for owner occupied living or investor income. All bedrooms have walk-in closets and en-suite baths. Multiple levels create a sense of creativity. Spanish architecture and Turn-key condition. No HOA or Mello Roos. Condominium conversion potential, see city for verification.

Price History

Date
Event
Price
11/22/25
Price Change
$2,700,000-10.0%
06/07/25
Listing
$3,000,000
Condition Rating
Good
Built in 2005, this property is 19 years old and aligns with the 'Good' condition criteria. The listing describes it as 'turn-key' with 'upgraded details throughout,' which is supported by the images. The kitchens feature white shaker-style cabinets, granite countertops, and stainless steel appliances, all appearing well-maintained and functional. Bathrooms are clean with white vanities, tiled showers/tubs, and updated fixtures, though some vanity lights and granite patterns reflect a style from the mid-2000s rather than cutting-edge modern. Hardwood-look flooring and tile are in excellent condition. The property is move-in ready with no immediate renovations required, and major systems appear functional and well-maintained.
Pros & Cons

Pros

Prime Coastal Location: Strategically located in downtown San Clemente, offering immediate access to world-famous beaches, upscale shopping, and fine dining, enhancing lifestyle and property value.
Versatile Income Potential: As a luxury duplex, it provides flexibility for owner-occupancy with rental income or as a pure investment property, with stated potential for condominium conversion.
Luxury & Turn-Key Condition: Built in 2005 with upgraded details throughout, including gourmet kitchens, en-suite baths, walk-in closets, and presented in turn-key condition, minimizing immediate buyer investment.
Ocean View & Extensive Outdoor Spaces: Features a coveted ocean view rooftop deck, along with numerous additional patios and decks, providing ample outdoor living and entertainment opportunities.
Favorable Ownership Costs: The property benefits from having no HOA or Mello Roos, significantly reducing ongoing ownership expenses compared to many other luxury properties in the area.

Cons

Multi-Level Design: The multi-level layout, while described as creative, may not appeal to all prospective buyers, particularly those with mobility challenges or a preference for single-story living.
High Price Point & Recent Price Adjustment: The $2.7 million list price, even after a recent reduction from $3 million, places it in a very exclusive market segment, potentially narrowing the pool of eligible buyers.
Uncertain Condominium Conversion: While condominium conversion potential is mentioned, the requirement to 'see city for verification' indicates an additional, potentially complex, and non-guaranteed process for the buyer.

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