
San Clemente, California 92672
This Fractional Ownership Asset represents a Strong Value Opportunity, listed at $549,000—positioned well below the $578,884 Fair Market Value by 5%. This valuation gap offers $29,884 in Instant Equity. Featuring panoramic ocean and coastline views and a Condition Rating of 4, the property provides a turnkey coastal lifestyle with private garage access. Given the unique partnership structure, this is an ideal acquisition for Vacation Home Buyers or Lifestyle Investors seeking a low-maintenance, high-utility beach retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 Avenida Lobeiro E Subject | $549,000* List Price | 2 | 2 | 1,132 | $513 | - |
A 2501 S El Camino Real 204 Pending | $549,000 List Price | 1 | 1 | 875 | $627 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1978 (46 years old) and the listing does not mention any recent major renovations. Visuals of the entryway show dated finishes like diagonal wood paneling and older tile. While described as 'ready to entertain,' the age suggests that the kitchen, bathrooms, and major systems are likely dated and will require updates to meet modern standards.
Situated directly across from a neighborhood park and just steps from beach access, this property offers immediate proximity to the San Clemente beach trail, pier, and local dining.
The single-level, open floorplan provides stunning panoramic views of the ocean, Seal Rock, and Catalina Island, with direct patio access from every living space and bedroom.
The unit comes fully furnished and includes rare amenities for the area, such as a private one-car garage plus a designated parking spot and an interior washer/dryer.
The listing is for a 40% interest ownership rather than full fee simple title, which limits the owner to approximately 20 weeks of use per year and restricts traditional financing options.
As a partnership-based property, the owner must coordinate time slots with other partners, lacking the total control and year-round occupancy of a standard residential purchase.
Fractional ownership similar to a timeshare. Fantastic views of ocean, seal rock, sunsets & neighborhood park. This single level property is directly across the street from neighborhood park and the location to beach access is just steps away. There is a beach trail that leads to San Clemente pier, dining & access to San Diego bound train rides. This one level, open floorplan enjoys patio access from each living space & bedrooms. Cool sea breezes & the sound of the surf lull you to sleep. Property is furnished and ready to entertain, needs updating. Only 6 units in the building and everyone has a one car garage plus designated parking spot. This is a very unique situation as my seller is one of three partners that enjoy all the benefits for a fraction of the price. 40% interest ownership = 20+ weeks of splendor! Call for details on partnership agreement currently in place, new one needs developed during escrow. I have a copy of the current partnership agreement. All furnishings remain with the property subject to buyer's approval. Homeowner's association covers all exterior maintenance, insurance & window washing. Interior private washer/dryer. Pets ok subject to possible size limitations in CC&R's. Neighboring fence on side of building in process of being replaced with new vinyl. Rentals are 30 days plus per HOA CC&R's.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,132 | 1,290 |
| Lot Size | 12,980 | 228,566 |
| Price | $549.0K | $1.26M |
| Price per sq ft | $485 | $839 |
| Built year | 1978 | 1981 |
| HOA | $160.0 | $490 |
| Days on market | 40 | 52 |
Jun 12, 2026
$549,000
Initial Listing