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20862 Lancelot Lane, Huntington Beach, California 92646, Huntington Beach, 92646 - 4 bed, 3 bath

20862 Lancelot Lane, Huntington Beach, California 92646 home-pic-0
ACTIVE$1,439,000
20862 Lancelot Lane, Huntington Beach, California 92646
4Beds
3Baths
1,852Sqft
6,000Lot
Year Built
1970
Close
-
List price
$1.44M
Original List price
$1.44M
Price/Sqft
$777
HOA
-
Days on market
-
Sold On
-
MLS number
OC25141002
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.44M(45th), sqft - 1852(51th), beds - 4(50th), baths - 3(52th).

South Huntington Beach home with great potential and located in a wonderful area of Huntington Beach. This home is a fixer and is ready for renovations to your heart's content. It is already equipped with A/C, a family room addition, permitted laundry room, owned Tesla Solar with a Backup Battery, and all utility lines are underground. The backyard is a nice size as well as one of the side yards with space for a shed or other options. It is also situated within interior tract location of this fine neighborhood and just minutes away to the Ocean, Pacific City/Downtown HB and Newport Beach and more. Bring this home to it's fullest potential in this outstanding location of Huntington Beach! (Square footage, lot size, bedrooms, bathrooms and all features posted as per previous 3rd party sources and are to be verified by buyer(s).

Condition Rating
Poor
Built in 1970, this property is explicitly marketed as a 'fixer' and 'ready for renovations to your heart's content,' indicating a need for substantial repairs and rehabilitation. While it has modern system upgrades like owned Tesla Solar with a Backup Battery and A/C, the absence of interior photos, especially for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and in poor condition, requiring a complete overhaul to meet current quality standards and comfort.
Pros & Cons

Pros

Prime Coastal Location: Situated in a wonderful interior tract location of South Huntington Beach, just minutes away from the Ocean, Pacific City/Downtown HB, and Newport Beach, offering desirable lifestyle and strong appreciation potential.
Significant Renovation Potential: Described as a 'fixer' and 'ready for renovations to your heart's content,' this property offers a unique opportunity for buyers to customize and add substantial value.
Advanced Energy Infrastructure: Equipped with owned Tesla Solar and a Backup Battery, providing significant energy savings, environmental benefits, and increased home resilience.
Valuable Existing Permitted Upgrades: The home already includes A/C, a family room addition, and a permitted laundry room, which are costly improvements already in place.
Underground Utilities & Ample Outdoor Space: All utility lines are underground, enhancing neighborhood aesthetics and reliability, complemented by a nice size backyard and side yard with space for additional options.

Cons

Extensive Renovation Required: The property is explicitly marketed as a 'fixer' requiring 'renovations to your heart's content,' indicating a substantial upfront investment of time and capital for the buyer.
Age-Related Maintenance & Systems: Built in 1970, the property's age suggests that while some upgrades are noted, other core systems or components may be original or require significant updating beyond the listed improvements.
Buyer Due Diligence Burden: The listing states that 'all features posted... are to be verified by buyer(s),' placing a higher burden on the buyer for thorough due diligence and implying potential discrepancies in listed details.

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