
San Clemente, California 92672
This Value-Add Coastal Asset is listed at $1,999,000, slightly above the $1,929,524 Fair Market Value due to its rare bluff-top positioning. Currently in Original 1978 Condition, the residence serves as a blank canvas for forced appreciation through a comprehensive renovation. Key highlights include Panoramic Ocean and Pier Views, a Private Two-Car Garage, and an End-Unit Position within an exclusive gated 8-unit community. Situated in the Capistrano Unified School District, this property offers significant long-term upside. It is a prime acquisition for Fix-and-Flip Investors or Owner-Occupants ready to execute a custom coastal renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 255 W Marquita F Subject | $1,999,000* List Price | 3 | 3 | 2,367 | $815 | - |
A 423 Avenida Granada 33 Sold | $1,400,000 | 2 | 3 | 1,553 | $901 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in its original 1978 condition and requires a comprehensive gut renovation to meet modern standards. While the listing includes high-quality renderings of a potential remodel, the actual photos reveal severely worn, stained, and patched carpeting, popcorn ceilings, and an outdated kitchen with original wood cabinetry and fluorescent light panels. The listing agent explicitly describes the home as a 'blank canvas' and 'original condition,' indicating that all major interior systems and finishes are at the end of their functional lifespan.
Positioned atop coastal bluffs, the property offers rare, commanding views of the San Clemente Pier, white water waves, and the coastline from the primary suite and living areas.
As the largest floor plan in an intimate, gated 8-unit community, this end-unit offers a private two-car garage and only one shared wall, providing a level of seclusion rare for coastal condos.
Ideally situated above Linda Lane Park and the beach trail, providing effortless access to the sand, surf, and the boutique shopping and dining of Avenida del Mar.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2367, other record living area = 1892. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home remains largely in its 1978 original state, requiring a comprehensive and costly renovation to modernize the interior and realize its full market potential.
Beyond the purchase price, the 'blank canvas' nature of the property necessitates a substantial additional investment in time and resources for a custom build-out.
Positioned atop the coastal bluffs with commanding views of the iconic San Clemente Pier, sandy shoreline, and white water waves, this is one of the rarest opportunities to come available in quite some time. Offered for the first time since its original construction, the property presents a true blank canvas ready to be reimagined and brought to life with a new owner’s vision. Tucked behind the gates on one of San Clemente’s most seldom traveled streets, this residence is part of an intimate 8 unit community, offering a level of privacy and quiet that is increasingly hard to find along the coast. As the largest floor plan in the community, the home features two spacious upstairs bedroom suites, including a primary with laid down ocean and pier views, along with a third lower level space that functions as a den or potential third bedroom. The layout offers exceptional bones with generous square footage, natural light, and strong indoor outdoor potential. While the home remains largely in original condition, it provides the ideal foundation for a custom renovation in a location where the end result can truly maximize value. Additional highlights include a private two car attached garage, an uncommon amenity for this style of coastal property, dual pane windows throughout, and an end unit position with only one shared wall. The HOA has completed a building wide roof replacement with 50 year concrete shingles. Ideally located just above San Clemente’s iconic Linda Lane Park and the scenic beach trail, the property offers effortless access to the sand and surf, with Avenida del Mar’s boutique shopping and dining just minutes away. World class surfing, coastal trails, and Dana Point Harbor are all within close proximity, offering the best of the Southern California coastal lifestyle. A rare opportunity to create a custom coastal residence in a gated, low density community with exceptional views, scale, and long term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 59% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,367 | 1,404.5 | 93% |
| Lot Size | 44,938 | 3,449.5 | 68% |
| Price | $2.00M | $1.09M | 86% |
| Price per sq ft | $845 | $842 | 50% |
| Built year | 1978 | 1985 | 43% |
| HOA | $700.0 | $550 | 84% |
| Days on market | 26 | 158 | 2% |
Mar 27, 2026
$1,999,000
Initial Listing