
Seaside, California 93955
This Land-Value Opportunity serves as a high-potential asset for Fix-and-Flip Investors, featuring a List Price of $549,000. The property features a 6,700 sq. ft. corner lot and Distressed Condition Rating, with value primarily residing in the land and ocean peeks. While the Fair Market Value is $487,345, the existing structure offers a significant Permitting Advantage for redevelopment. Located near CSU Monterey Bay, this Value-Add project is ideal for Contractors looking to capitalize on Seaside's limited inventory and strong regional demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Ord Grove Avenue Subject | $549,000* List Price | 3 | 1 | 1,070 | $455 | - |
A 1965 Luzern Street Sold | $630,000 | 3 | 1 | 1,125 | $560 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1946 with no evidence of renovation, the listing explicitly describes the property as a distressed log home and a land-value opportunity intended for redevelopment.
The 6,700 sq. ft. corner lot offers high visibility and ocean peeks, providing a superior foundation for redevelopment in a growing Seaside neighborhood.
The presence of an existing structure may significantly streamline the permitting and entitlement process compared to developing raw land, potentially reducing friction and time-to-build.
Situated near Monterey Bay and CSU Monterey Bay, the property benefits from strong regional growth and consistent demand for housing in a supply-constrained market.
The existing log home is in a distressed state, meaning the value is primarily in the land and will require a total renovation or complete teardown.
Due to the property's age and current condition, buyers will need substantial additional capital beyond the purchase price for redevelopment or major structural restoration.
Positioned in one of Seasides most dynamic and evolving neighborhoods, this 6,700 sq. ft. corner parcel presents a rare opportunity for investors and builders to secure a foothold along the Monterey Peninsula. Set on a highly visible corner, the property offers ocean peeks and a layout suited for redevelopment or reimagination. Whether building new, restoring, or repositioning, the fundamentals are strong: location, lot configuration, and long-term upside. The existing structure, a distressed log home creates a key advantage. An established structure may help streamline permitting and entitlement compared to raw land, offering potential time savings and reduced friction in the approval process. Seaside continues to see growth driven by proximity to Monterey Bay, California State University Monterey Bay, and the broader Peninsula economy. Demand for well-located housing remains strong, with limited buildable inventory. This is a land-value opportunity with clear upside for those ready to unlock its full potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,070 | 1,250 | 31% |
| Lot Size | 6,700 | 5,900 | 63% |
| Price | $549.0K | $830.0K | 4% |
| Price per sq ft | $513 | $697 | 16% |
| Built year | 1946 | 1957 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 163 | 2% |
Apr 17, 2026
$549,000
Initial Listing
Sep 1, 1999
$131,000
Public Record