20 Madrone Avenue, Moss Beach, California 94038, Moss Beach, 94038 - 2 bed, 3 bath
ACTIVE$2,100,000
20 Madrone Avenue, Moss Beach, California 94038
2Beds
3Baths
1,915Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($2,019,695.425) is $80,304.575 (3%) lower than the list price ($2,100,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Coastal Location: The property is located 'steps to the Pacific Ocean' in Moss Beach, offering highly desirable proximity to the coastline and ocean access.
Top Cons:
Property Age: Built in 1975, while newly remodeled, the underlying structure and potentially some major systems (e.g., plumbing, electrical, roof) may still be original or older, which could lead to future maintenance or replacement costs not covered by the remodel.
Compared to the nearby listings
Price:$2.10M vs avg $1.39M (+$714,100)88%
Size:1,915 sqft vs avg 1,645 sqft63%
Price/sqft:$1.1K vs avg $1.0K88%
More Insights
Built in 1975 (50 years old).
Condition: Despite being built in 1975, the property has undergone an extensive and recent 'newly remodeled' renovation, as stated in the description. The images showcase a high-end, modern main kitchen with new, distinctive red range, integrated appliances, marble countertops, and stylish cabinetry. Bathrooms are also updated, with the main bathroom featuring a double vanity, modern fixtures, and clean finishes. Hardwood floors, vaulted ceilings, modern lighting, and a contemporary fireplace contribute to an overall excellent condition with no visible deferred maintenance.
Year Built
1975
Close
-
List price
$2.1M
Original List price
$2.3M
Price/Sqft
$1,097
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023760
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Ocean
Deck
ViewPark/Greenbelt, Ocean
About this home
Living in this newly remodeled home steps to the Pacific Ocean is a dream come true. The unique characteristic about the way this home is designed is that it can be lived in as a single family home or two units. Both areas have separate full kitchens, baths, living areas and bedroom.
Condition Rating
Excellent
Despite being built in 1975, the property has undergone an extensive and recent 'newly remodeled' renovation, as stated in the description. The images showcase a high-end, modern main kitchen with new, distinctive red range, integrated appliances, marble countertops, and stylish cabinetry. Bathrooms are also updated, with the main bathroom featuring a double vanity, modern fixtures, and clean finishes. Hardwood floors, vaulted ceilings, modern lighting, and a contemporary fireplace contribute to an overall excellent condition with no visible deferred maintenance.
Pros & Cons
Pros
Prime Coastal Location: The property is located 'steps to the Pacific Ocean' in Moss Beach, offering highly desirable proximity to the coastline and ocean access.
Extensive Remodel: Described as a 'newly remodeled home,' indicating modern updates and finishes that reduce immediate maintenance and upgrade costs for a buyer.
Versatile Floor Plan: The unique design allows for use as a single-family home or two separate units, each with its own kitchen, bath, living area, and bedroom, providing flexibility for rental income, multi-generational living, or a dedicated guest/work space.
Desirable Views: The property boasts both Ocean and Park/Greenbelt views, enhancing its aesthetic appeal and overall market value.
Generous Lot Size: With a 7500 sqft lot, the property offers ample outdoor space, which is a significant advantage in coastal communities.
Cons
Property Age: Built in 1975, while newly remodeled, the underlying structure and potentially some major systems (e.g., plumbing, electrical, roof) may still be original or older, which could lead to future maintenance or replacement costs not covered by the remodel.
Recent Price Reduction: The property has undergone a price reduction from $2.298M to $2.1M, which might suggest initial overpricing or a lack of strong buyer interest at the original price point, potentially raising questions about its current market valuation.
Limited Bedroom Count for Size: Despite its 1915 sqft, the property is listed with 2 bedrooms (one per potential unit), which may not appeal to larger families seeking more dedicated sleeping spaces in a home of this size, even with the flexible layout.