
El Granada, California 94018
This Spacious Coastal Residence is a Prime Investment Opportunity, listed at $1,900,000—positioned well below the $1,942,349 Fair Market Value by 2%. This valuation gap offers $42,349 in Instant Equity. Featuring a Permitted ADU, Modernized Interior, and Panoramic Ocean Views, the home maintains a Condition Rating of 2. Its flexible floor plan and energy-efficient solar make it a versatile asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Dolores Street Subject 4 bd · 4 ba · 2,227 sqft · $872 | $1,900,000* List Price | 4 | 4 | 2,227 | $872 | - |
A 354 Vallejo Street Sold 3 bd · 3 ba · 2,180 sqft · $734 · 0.3 mi | $1,600,000 | 3 | 3 | 2,180 | $734 | 0.3 mi |
B 401 Avenue Del Oro Sold 3 bd · 2 ba · 2,001 sqft · $774 · 0.1 mi | $1,549,000 | 3 | 2 | 2,001 | $774 | 0.1 mi |
C 634 Coronado Street Sold 4 bd · 3 ba · 2,034 sqft · $1,057 · 0.5 mi | $2,150,000 | 4 | 3 | 2,034 | $1,057 | 0.5 mi |
D 103 Dolphine Avenue Sold 5 bd · 4 ba · 2,860 sqft · $647 · 0.5 mi | $1,849,000 | 5 | 4 | 2,860 | $647 | 0.5 mi |
E 419 Almeria Avenue Sold 2 bd · 2 ba · 1,410 sqft · $954 · 0.6 mi | $1,345,000 | 2 | 2 | 1,410 | $954 | 0.6 mi |
F 123 Carmel Avenue Sold 3 bd · 2 ba · 1,520 sqft · $966 · 0.6 mi | $1,468,000 | 3 | 2 | 1,520 | $966 | 0.6 mi |
G 398 San Carlos Avenue Active Under Contract 4 bd · 3 ba · 2,480 sqft · $796 · 0.2 mi | $1,974,000 List Price | 4 | 3 | 2,480 | $796 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the home has undergone a comprehensive, high-end interior renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, contemporary fixtures, and updated appliances. The addition of rooftop solar and the mint condition of the finishes indicate no immediate maintenance is required.
The inclusion of a permitted studio ADU with its own laundry and storage offers excellent potential for rental income, a home office, or a private guest suite.
Multiple wraparound decks and large windows provide stunning ocean views of Half Moon Bay and Pillar Point, significantly enhancing the property's aesthetic appeal and value.
A beautifully renovated interior featuring a chef's kitchen, spa-like primary bath, and energy-efficient rooftop solar makes this home move-in ready with contemporary finishes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2227, other record living area = 1777. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 4,905 sq ft lot is relatively compact for a residence of this scale, which may limit outdoor recreational space and privacy from neighboring properties.
The home’s layout spans three distinct levels, which may be less desirable for buyers seeking single-story living or those with mobility concerns.
Ocean views, a beautifully renovated interior, flexible floor plan and permitted ADU come together in this spacious El Granada home. At ~2,629 sq ft in total, it offers 4 bedrooms and 3 full baths in the main residence, plus a 4th bath in the studio ADU. The ground level is designed for gathering, with a remodeled kitchen flowing into the dining and living areas beneath a dramatic 2-story ceiling. A beautifully tiled fireplace adds warmth and character, while an oversized skylight, large windows and sliders bring in abundant natural light and frame ocean views. Step onto the wraparound deck to relax and take in vistas toward Half Moon Bay and Pillar Point. A guest bedroom and full bath on this level make it easy to welcome visitors. Downstairs, the primary suite features a spa-like bath, walk-in closet and ocean-view deck, alongside a family room, home office, laundry and south-facing deck. Three of the home's 4 decks connect directly to the fully fenced yard. Upstairs are a full bath and 2 more bedrooms, each with outdoor access. The ADU offers living and sleeping areas, plus its own laundry and storage. Rooftop solar adds energy efficiency. All this on a quiet dead-end street in a central Coastside location with easy access to local cafes, restaurants, beaches and the harbor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 4.0 | 2.6 |
| Square foot | 2,227 | 1,794.444 |
| Lot Size | 4,905 | 5,824 |
| Price | $1.90M | $1.46M |
| Price per sq ft | $853 | $882 |
| Built year | 1982 | 1982 |
| HOA | $0 | $0 |
| Days on market | 16 | 77 |
Oct 8, 2026
$1,900,000
Initial Listing
Jul 21, 1999
$489,000
Public Record