1263 Reservoir Road, Pescadero, California 94060, Pescadero, 94060 - 3 bed, 2 bath
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Pescadero, California 94060
Analysis of 1263 Reservoir Road, Pescadero, California 94060 is currently available with a list price of $2,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pescadero Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1950, the property is well-maintained and functional, as evidenced by its successful use as a high-income short-term rental. However, the property analysis identifies aging infrastructure and a need for modernization to meet contemporary luxury standards. While the exterior and decking appear in good condition, the home's age and lack of a recent comprehensive renovation place it in the 'fair' category, requiring minor updates to its 70-year-old systems and interior features.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 76230, living area = 2000.
The property includes a guest house that generates approximately $80,000 in annual short-term rental income, providing a rare and substantial return on investment for coastal real estate.
Situated on 1.75 acres of pristine land, the estate offers breathtaking, panoramic views of the Pacific Ocean and spectacular sunsets directly from the front yard.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =76230, other record lot size in square feet = 69030. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1600.
Built in 1950, the property may require significant updates or modernization to meet contemporary luxury standards and address the maintenance needs of a 70-year-old coastal home.
At a listing price of $2.6 million for 2,000 square feet, the high price per square foot may limit the buyer pool to niche investors or those specifically seeking the Pescadero micro-market.
Imagine waking up to the stunning expanse of the Pacific Ocean right outside your window. This is more than just another listing. it's a rare opportunity to own a piece of coastal paradise. Situated on 1.75 acres of pristine land, this property offers both unobstructed ocean views and a range of compelling features that truly set it apart. Perfect for those envisioning a family compound or looking to invest in a property with substantial potential income, this estate seamlessly combines luxury living with practical benefits. The main and guest houses allow flexibility, whether you're hosting family and friends or leveraging the thriving short-term rental market. The guest house alone brings in about $80,000 annually, providing a substantial return on investment. Key Features and Amenities: Main house and guest house with dedicated spaces for comfort and hospitality. Two-car garage, offering convenience and ample storage. Panoramic ocean views complimented by spectacular sunsets from your front yard. Proximity to Pescadero Beach and Pescadero Marsh, ideal for nature lovers. Just two miles from downtown Pescadero, famous for its quaint shops and charming local culture. Dowtown Local, Duarte's Tavern, Archangeli Bakery, Harley Farms, Pescadero Taqueria, The Loma Mar Store.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,000 | 2,118.5 | 50% |
| Lot Size | 76,230 | 230,432.5 | 50% |
| Price | $2.60M | $2.95M | 50% |
| Price per sq ft | $1.3K | $1.4K | 50% |
| Built year | 1950 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 139 | 50% |
Mar 25, 2026
$2,600,000
Initial Listing
Feb 21, 2006
$1,250,000
Public Record