
Pacifica, California 94044
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,246,987 Fair Market Value by 11%. While the property requires modernization, its Condition Rating of 4 and flexible lower-level layout provide significant value-add potential. Featuring an expansive walk-out deck and a quiet cul-de-sac location, the home offers a versatile floor plan for multi-generational living. Proximity to highly-rated schools like Cabrillo Elementary and Terra Nova High adds long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable Pacifica home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Malavear Court Subject | $1,395,000* List Price | 3 | 2 | 1,500 | $831 | - |
A 1173 Alicante Drive Sold | $1,230,000 | 4 | 2 | 1,390 | $885 | 0.5 mi |
B 1287 Lerida Way Sold | $1,270,000 | 4 | 2 | 1,500 | $847 | 0.5 mi |
C 1352 Linda Mar Boulevard Sold | $1,125,000 | 3 | 1 | 1,040 | $1,082 | 0.3 mi |
D 1536 Valdez Way Sold | $1,350,000 | 3 | 2 | 1,170 | $1,154 | 0.6 mi |
E 1539 Terra Nova Boulevard Sold | $1,225,000 | 3 | 2 | 1,470 | $833 | 0.8 mi |
F 1024 Rio Vista Drive Sold | $1,050,000 | 3 | 1 | 1,040 | $1,010 | 0.4 mi |
G 1135 Valencia Way Sold | $1,245,000 | 3 | 2 | 1,649 | $755 | 0.6 mi |
H 1151 Encanto Way Active | $1,099,000 List Price | 3 | 1 | 1,040 | $1,057 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is functional and move-in ready but clearly dated. The kitchen features older wood-trimmed cabinetry and granite countertops likely from a renovation 20+ years ago. While the roof is newer and appliances are stainless steel, the overall interior finishes and bathrooms require modernization to meet current standards. Additionally, the presence of unpermitted living space suggests potential compliance updates are needed.
The lower level features an additional room and bathroom, providing excellent versatility for use as a guest suite, home office, or multi-generational living space.
An expansive walk-out deck combined with a generous yard featuring mature fruit trees offers a superior environment for indoor-outdoor living and relaxation.
Situated on a peaceful cul-de-sac in a desirable Pacifica neighborhood, the property ensures minimal through-traffic and a safer, more private residential setting.
The lower-level bathroom and enclosed porch/family room are not warranted as permitted, which may present challenges for financing or future building compliance.
While move-in ready, the home requires cosmetic updates and interior modernization to align with contemporary standards and maximize its market value.
Welcome to 16 Malvear Court, a spacious 3-bedroom, 3-bathroom home situated on a quiet cul-de-sac in Pacifica. The main level features three bedrooms, two bathrooms, a living room, formal dining room, kitchen, and a versatile enclosed porch/family room with direct access to an expansive walk-out deck, perfect for entertaining or relaxing outdoors. Mature fruit trees and a generous outdoor area add to the appeal.The lower level offers an additional room with a bathroom, providing flexibility as a guest space, office, hobby room, or additional bedroom. The lower-level bathroom and enclosed porch/family room are not warranted or represented as permitted. Buyers are advised to independently verify permits, square footage, and permitted use. Additional features include a large two-car garage and a newer roof. The home could use updating but is move-in ready, offering an excellent opportunity to make it your own in a desirable Pacifica location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 4.7 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,500 | 1,320.588 |
| Lot Size | 5,500 | 5,663.912 |
| Price | $1.40M | $1.32M |
| Price per sq ft | $930 | $901 |
| Built year | 1963 | 1958 |
| HOA | $0 | $27 |
| Days on market | 13 | 39 |
Aug 27, 2026
$1,395,000
Initial Listing