2338 Palmetto Avenue, Pacifica, California 94044, Pacifica, 94044 - 4 bed, 2 bath
Loading property details...
2338 Palmetto Avenue
Pacifica, California 94044
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,730Sq Ft
9,044Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,203,467
8% BelowMARKET VALUE
SUMMARY
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,203,468 Fair Market Value by 8%. This valuation gap offers $104,468 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes hardwood floors, marble finishes, and a private deck. Its versatile layout with a separate entrance provides excellent utility. Ideally located near the Pacifica Pier and top-rated schools, this property is perfect for Owner-Occupants or remote professionals seeking a coastal lifestyle.
Estimated Market Value
$1,203,467+$104,467 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pacifica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2338 Palmetto Avenue Subject 4 bd · 2 ba · 1,730 sqft · $696 | $1,099,000* List Price | 4 | 2 | 1,730 | $696 | - |
A 92 Outlook Circle Active Under Contract 3 bd · 3 ba · 1,820 sqft · $548 · 1.0 mi | $998,000 List Price | 3 | 3 | 1,820 | $548 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2003 (21 years old) but features a remodeled interior with hardwood floors, marble, and stainless steel appliances. The property appears well-maintained, functional, and move-in ready, aligning with the 10-20 year functional age criteria due to the updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated steps from Pacifica Pier and the beach in Historic Downtown, the property offers an exceptional lifestyle with immediate access to surfing, hiking, and the Sharp Park Golf Course.
- Modern Interior & Natural Light
The home features high-end finishes including hardwood floors, marble, and soaring ceilings with skylights that create a bright, contemporary, and airy atmosphere.
- Versatile Layout
A separate entrance provides a flexible space ideal for a professional home office or living area expansion, offering great utility for remote work or multi-generational needs.
CONSRISKS & DEFICIENCIES
- Monthly Association Fees
The $480 monthly HOA fee adds a significant recurring expense that may impact the budget of buyers comparing this to traditional detached single-family homes.
- Property Type Classification
Classified as a condominium despite its residential feel and large lot size, which may lead to buyer confusion regarding maintenance responsibilities and land ownership.
About 2338 Palmetto Avenue
Hidden Gem! Live, work, and thrive by the Ocean. Remodeled 3 bedroom, 2 bathroom home located in Historic Downtown Pacifica. Located steps away from Pacifica Pier/Beach. The Home features hardwood floors, marble, wood burning fireplace, double paned windows, soaring high ceilings with skylights. Light and bright kitchen with stainless steel appliances. A separate entrance opens to a versatile space with endless possibilities-create your ideal workspace or expand your living area. Hiking, biking, surfing, fishing and 18 hole Sharp Park Golf Course just minutes away. Easy commute to SFO Airport (20 mins away) or downtown San Francisco and Silicon Valley. No Bridge to cross.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 9,044 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
Pacifica Unified Schools
Sunset Ridge Elementary School
Grades PK-5 • 1.8 mi
4/10
Ortega Elementary School
Grades K-5 • 3.1 mi
6/10
Ingrid B. Lacy Middle School
Grades 6-8 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.2 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,730 | 1,266.2 |
| Lot Size | 9,044 | 1,123 |
| Price | $1.10M | $949.8K |
| Price per sq ft | $635 | $754 |
| Built year | 2003 | 2004 |
| HOA | $480.0 | $572 |
| Days on market | 45 | 49 |
Pricing History
Listed for Sale
Sep 9, 2026
$1,099,000
Initial Listing
Sold
Nov 23, 2022
$750,000
Public Record
Sold
Nov 26, 2003
$500,000
Public Record