12933 Biscayne, Del Mar, California 92014, Del Mar, 92014 - 4 bed, 3 bath

12933 Biscayne, Del Mar, California 92014 home-pic-0

12933 Biscayne

Del Mar, California 92014

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,134Sq Ft
11,100Lot Size

Property Price

LIST PRICE$2,299,000
EST. MARKET VALUE
$2,471,933
6% BelowMARKET VALUE

SUMMARY

Analysis of 12933 Biscayne, Del Mar, California 92014 reveals a Prime Investment Opportunity with a current list price of $2,299,000—significantly undercutting the $2,471,933 Fair Market Value by 6%. This valuation gap indicates a +$172,933 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Del Mar 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.

Estimated Market Value

$2,471,933 +$172,933 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Del Mar.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
12933 Biscayne
Subject
$2,299,000*
List Price
432,134$1,158-
A
13774 Recuerdo Drive
Sold
$2,325,000432,304$1,0091.0 mi
B
13334 Barbados Way
Sold
$2,450,000431,846$1,3270.4 mi
C
2506 Via Merano
Sold
$2,647,525231,908$1,3880.3 mi
D
13147 Portofino Dr
Sold
$1,735,000321,518$1,1430.2 mi
E
13595 Calais Drive
Sold
$2,035,000321,665$1,2220.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with high-end finishes and excellent maintenance. While the 1972 structure is older, the home has been significantly updated with a gourmet kitchen featuring Viking and GE Cafe appliances, granite countertops, and travertine backsplashes. The inclusion of vaulted ceilings, plantation shutters, and a fully improved backyard with a spa and outdoor fireplace indicates a property that has been well-preserved and updated within the last 10-15 years, meeting the criteria for 'Good' despite some traditional styling.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11100, living area = 2134.

  • Great Schools

    Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).

  • Exceptional Outdoor Living

    The property sits on a rare 11,100 sqft lot for Del Mar, featuring a private backyard retreat with a spa, cascading waterfall, outdoor fireplace, and built-in BBQ.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2134, other record living area = 1795. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Lack of Coastal Views

    Despite the elevated lot and premium Del Mar location, the property does not offer the ocean or panoramic views typically sought after at this price point.

  • Aged Architectural Elements

    Built in 1972, the home features some traditional finishes like rich wood cabinetry and travertine that may feel dated to buyers seeking a more contemporary aesthetic.

About 12933 Biscayne

Perched on an elevated lot in Del Mar, this single-story home offers exceptional privacy while remaining close to the best of coastal living. Mature trees, a wide driveway, and manicured grounds create timeless curb appeal, while sculpted greenery and an arched entry lead along a garden lined approach to a rich wood front door that sets a warm and welcoming tone. Step inside to a defined entry that flows into formal sitting and dining rooms, where vaulted ceilings elevate the space and Plantation shutters softly filter natural light. The kitchen anchors the main living space with a large center island offering storage and seating for three. Rich wood cabinetry pairs beautifully with green granite countertops and a travertine backsplash with decorative inlay. Stainless steel appliances include a built-in KitchenAid refrigerator, GE Cafe dual-oven with French doors, Viking range with hood, Kenmore dishwasher, and a commercial grade stainless sink. A pantry wall and integrated desk create a functional pass through to the formal dining room. Beyond the kitchen island, a bay window breakfast nook with built in banquette seating overlooking the private backyard. The kitchen flows seamlessly into the family room with matching wood cabinetry, while French doors and a secondary kitchen door create effortless indoor-outdoor living. Down a private hallway, the bedroom wing offers a quiet retreat. The primary suite opens to the backyard and features two wall closets and an en-suite bath with a vanity area and step in shower with a built-in bench. Three secondary bedrooms share two baths, and an interior laundry room connects directly to the garage for everyday convenience. The three-car garage features high ceilings and ample storage, with parking for two vehicles and a third bay converted into a bonus space. Complete with its own window and connected to the home’s HVAC system, the flexible area is well suited for a den, office, or fitness room. Designed for entertaining and everyday enjoyment, the backyard lives like a private retreat. The spacious patio is anchored by a raised outdoor fireplace and built-in gas barbecue, providing convenient & relaxing gathering spaces. A spa with cascading waterfall serves as a tranquil focal point, while generous hardscape offers room for dining and lounging. Beyond, a grassy lawn, expansive side yard, mature trees, and brick accented walls provide exceptional privacy and space rarely found in Del Mar.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
11,100 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Del Mar Unified Schools

Del Mar Heights Elementary School

Grades K-6 • 0.7 mi

9/10

Del Mar Hills Elementary School

Grades K-6 • 1.3 mi

9/10

Pacific Trails Middle

Grades 7-8 • 3.7 mi

10/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.5
50%
Square foot2,1342,501.5
25%
Lot Size11,1008,550
59%
Price$2.30M$3.46M
18%
Price per sq ft$1.1K$1.2K
32%
Built year19721985
34%
HOA$0$0
50%
Days on market3190
7%

Pricing History

Listed for Sale

Mar 4, 2026

$2,299,000

Initial Listing

Sold

Jan 16, 1997

$294,000

Public Record

Browse Properties by State Browse housing market trends by state