140 Avenida Miramar, San Clemente, California 92672, San Clemente, 92672 - 0 bed, 0 bath
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San Clemente, California 92672
This historic Spanish Revival duplex represents a High-Potential Investment Opportunity, listed at $2,250,000—positioned above the $2,067,905 Fair Market Value. While priced at a premium, the property offers significant long-term value through its Mills Act tax savings and comprehensive modern restoration. Featuring a Mint Condition Rating and high-end finishes like Talavera tiles, this asset provides immediate rental income potential or multi-generational living. Its prime coastal location near Del Mar dining makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey historic landmark.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Avenida Miramar Subject | $2,250,000* List Price | 0 | 0 | 1,516 | $1,364 | - |
A 105 E Marquita Sold | $1,875,000 | 0 | 0 | 1,443 | $1,299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1927, the property was rebuilt from the foundation up with a comprehensive remodel that includes all-new plumbing, updated electrical, and modern infrastructure. The kitchen and bathrooms feature high-end custom finishes like Talavera tiles and cast iron sinks, and the structural reconstruction places it in mint, move-in-ready condition consistent with a recent total renovation.
The property's Mills Act designation provides significant property tax savings, offering a substantial financial advantage for owners of this historic San Clemente landmark.
Rebuilt from the foundation up with updated plumbing, electrical, and structural reinforcements, the home seamlessly blends 1920s Spanish Revival charm with modern reliability and efficiency.
Situated within walking distance to Del Mar dining and beaches, this duplex offers excellent flexibility for rental income, multi-generational living, or a private guest suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1516, other record living area = 684.
At only 1,516 total square feet split between two units, the individual living spaces may feel constrained for buyers accustomed to more expansive residential layouts.
The 'peek-a-boo' ocean views are limited and may not satisfy buyers specifically seeking the panoramic coastal vistas often associated with high-end San Clemente real estate.
Rarely available, this historic Spanish Revival duplex at 140 & 140 1/2 Avenida Miramar offers Mills Act designation and timeless coastal living in the heart of San Clemente. Originally built in 1927 and rebuilt from the foundation up, the home blends preserved architectural character with extensive renovation and modern functionality. Thoughtfully reimagined by architect Michael Luna, the property underwent a comprehensive remodel designed to honor its historic integrity while enhancing everyday livability. Architectural details include authentic lime-wash stucco, restored original windows, floors, and woodwork, and preserved lath-and-plaster construction, complemented by updated electrical, all-new plumbing, and modern infrastructure. The flexible multi-unit layout offers possibilities for extended living, guests, or income potential. Interior spaces are warm and light-filled, featuring custom architectural detailing, 100+ year-old bathroom mirrors, hand-selected Talavera tiles, a cast iron kitchen sink with structural reinforcement, and a refined blend of historic craftsmanship and modern comfort. Outdoor spaces include a private courtyard and peek-a-boo ocean views from the upper level. Additional features include a natural gas BBQ hookup, crawl space access on both structures, and foundational reconstruction completed during the rebuild. Located near beaches, coastal trails, and downtown San Clemente, with walkable access to Del Mar dining, shopping, and local cafes, this is a rare opportunity to own a thoughtfully restored historic property offering Mills Act tax savings and timeless coastal character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,516 | 2,932.5 | 31% |
| Lot Size | 4,000 | 4,792 | 27% |
| Price | $2.25M | $2.04M | 58% |
| Price per sq ft | $1.5K | $754 | 96% |
| Built year | 1927 | 1964 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 196 | 8% |
May 11, 2026
$2,250,000
Initial Listing
Jun 13, 2006
$880,000
Public Record
Jan 5, 2004
$625,000
Public Record
May 16, 2003
$553,000
Public Record
Jan 11, 1999
$201,000
Public Record