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16178 Bimini Lane, Huntington Beach, California 92649, Huntington Beach, 92649 - 4 bed, 3 bath

16178 Bimini Lane, Huntington Beach, California 92649 home-pic-0
ACTIVE$2,199,000
16178 Bimini Lane, Huntington Beach, California 92649
4Beds
3Baths
2,057Sqft
2,581Lot

Price Vs. Estimate

The estimated value ($2,009,449.185) is $189,550.815 (8%) lower than the list price ($2,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Jack L. Weaver Elementary School (9/10). High School: Los Alamitos High School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2581, living area = 2057.

Compared to the nearby listings

Price:$2.20M vs avg $1.58M (+$619,000)65%
Size:2,057 sqft vs avg 2,089 sqft48%
Price/sqft:$1.1K vs avg $90078%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property is explicitly marketed as a 'pre renovation opportunity,' which is evident in the dated interior. The kitchen features original-style wood cabinets, tiled countertops, and tiled backsplash, though it does have newer stainless steel Viking appliances. The bathrooms also show significant age with tiled vanities, integrated sinks, and dated flooring. While the property appears well-maintained and functional, it requires substantial modernization and aesthetic updates throughout to meet current quality and style standards, aligning with the 'fair' condition criteria.
Year Built
1975
Close
-
List price
$2.2M
Original List price
$2.35M
Price/Sqft
$1,069
HOA
$820
Days on market
-
Sold On
-
MLS number
PW25172026
Home ConditionFair
Features
Excellent View: Water
Deck
Patio
ViewWater

About this home

Location, location location! Spectacular main channel views from arguably one of the best locations in Huntington Harbour. This 4 bedroom, 3 bath home is located in Seagate, a highly sought after exclusive waterfront community with its own private Yacht Club. This is also one of the larger lots at almost 2,600sqft with a DOUBLE WIDE private and extended boat dock (MEASURES 44' on the longer side). The main floor has a generous sized bedroom as well as a full bathroom (large shower), with 3 more bedrooms upstairs. The primary suite has a vaulted ceiling with a private balcony and sweeping views in all directions. This resort style complex includes 2 private pools/hot tubs, tennis courts, pickleball, lush green belts, plenty of guest parking and your own private 2 car detached garage. This is a pre renovation opportunity to live in an exceptional premier location which is rare on the market, not to mention on the Christmas Parade route. Other units in this complex have added a 3rd level (including adding a 4th bathroom), and this is the Model that lends itself to that!

Nearby schools

7/10
Harbour View Elementary School
Public,•K-5•0.7mi
8/10
J. H. Mcgaugh Elementary School
Public,•K-5•2.3mi
9/10
Jack L. Weaver Elementary School
Public,•K-5•4.6mi
6/10
Marine View Middle School
Public,•6-8•2.1mi
8/10
Sharon Christa Mcauliffe Middle School
Public,•6-8•5.7mi
9/10
Marina High School
Public,•9-12•2.1mi
9/10
Los Alamitos High School
Public,•9-12•5.8mi
Condition Rating
Fair
Built in 1975, this property is explicitly marketed as a 'pre renovation opportunity,' which is evident in the dated interior. The kitchen features original-style wood cabinets, tiled countertops, and tiled backsplash, though it does have newer stainless steel Viking appliances. The bathrooms also show significant age with tiled vanities, integrated sinks, and dated flooring. While the property appears well-maintained and functional, it requires substantial modernization and aesthetic updates throughout to meet current quality and style standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Jack L. Weaver Elementary School (9/10). High School: Los Alamitos High School (9/10).
Prime Waterfront Location & Views: The property boasts spectacular main channel views from one of the best locations in Huntington Harbour, situated in an exclusive waterfront community and on the popular Christmas Parade route.
Exceptional Boat Dock: Features a rare double-wide, private, and extended boat dock measuring 44 feet on the longer side, a significant asset for boating enthusiasts.
Extensive Community Amenities: Part of a resort-style complex offering 2 private pools/hot tubs, tennis courts, pickleball, lush green belts, ample guest parking, a private 2-car detached garage, and access to a private Yacht Club.
Significant Renovation & Expansion Potential: Described as a 'pre-renovation opportunity,' with the potential to add a third level and fourth bathroom, as demonstrated by other units in the complex, allowing for customization and value addition.
Larger Lot Size for the Area: At almost 2,600 sqft, this property offers one of the larger lots within this sought-after waterfront community.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2581, living area = 2057.
Requires Significant Renovation/Updates: Explicitly marketed as a 'pre-renovation opportunity,' indicating the property is likely dated and requires substantial investment to modernize and realize its full potential.
Age of Property: Built in 1975, the home is nearly 50 years old, suggesting potential for aging infrastructure, systems, and finishes that may require replacement or upgrades.
Recent Price Reductions & Overpricing Indication: Multiple price drops from the original listing and a current listing price higher than the estimated value (estimation ratio -6%) suggest the property may be perceived as overpriced or struggling to attract buyers at its current asking price.

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