1372 Felipe, San Clemente, California 92673, San Clemente, 92673 - 2 bed, 2 bath
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San Clemente, California 92673
Analysis of 1372 Felipe, San Clemente, California 92673 is currently available with a list price of $895,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Clemente Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1985 and explicitly described as being in 'original condition,' this property is approximately 40 years old without major renovations. The listing notes an 'opportunity to update,' which, combined with the age of the kitchen, baths, and likely original systems, classifies it as needing a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 916831, living area = 889.
Situated in the desirable Forster Ranch area, the property benefits from refreshing ocean breezes, proximity to extensive hiking/biking trails, and access to top-rated schools like Truman Benedict Elementary.
The Tocayo Canyon tract offers a dedicated RV and boat storage lot, a highly sought-after and rare feature in South Orange County that adds significant value for outdoor enthusiasts.
The home is in its original 1985 condition and requires a full interior update, which will necessitate additional capital investment from the buyer to modernize the space.
At just 889 square feet, the interior living area is relatively small for a detached single-family residence, which may limit its appeal to buyers seeking more spacious accommodations.
This is the 2 bedroom single level San Clemente beach home you've been dreaming of. 1372 Felipe is located in the coastal hills of Forster Ranch, where you'll enjoy fresh clean air from reliable ocean breezes, and blue skies sitting just outside the marine layer. The home features a very private wraparound yard, with a view of the hills in the distance. Inside the house, you'll find a fantastic floor plan, with a fireplace in the living room, and high vaulted ceilings. The Tocayo Canyon tract has an RV/Boat storage lot which is a rarity in South OC. Outdoor lovers will enjoy The Greenbelt which extends from the Forster Ranch sign at one end, to the hiking/mountain biking trail head at the other. Looking for award winning schools? Truman Benedict Elementary School & BAMS/Bernice Ayer Middle School has you covered. Just a quick drive or bike ride down to the beach, shopping, or to the freeway. Take advantage of this opportunity to update this original condition home.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 2.0 | 3.0 | 15% |
| Square foot | 889 | 2,699 | 1% |
| Lot Size | 916,831 | 7,176 | 98% |
| Price | $895.0K | $1.85M | 3% |
| Price per sq ft | $1.0K | $704 | 92% |
| Built year | 1985 | 2000 | 26% |
| HOA | $140.0 | $267 | 14% |
| Days on market | 20 | 130 | 4% |
May 17, 2026
$895,000
Initial Listing
Mar 31, 2000
$225,000
Public Record