261 Coral Reef Avenue, El Granada, California 94018, El Granada, 94018 - 4 bed, 3 bath
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El Granada, California 94018
This Modernized Coastside Residence is listed at $1,599,000—positioned well below the $1,620,516 Fair Market Value by 1%. This valuation gap offers $21,516 in Instant Equity for a home with a Move-in Ready Condition Rating. Featuring vaulted ceilings, an updated granite kitchen, and filtered ocean views from a composite deck, the property embodies premium seaside living. Located in the Clipper Ridge neighborhood with a natural gas generator and RV parking, it balances utility with comfort. This is a perfect sanctuary for Lifestyle-Driven Buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 261 Coral Reef Avenue Subject | $1,599,000* List Price | 4 | 3 | 1,770 | $916 | - |
A 330 Avenue Portola Sold | $1,521,200 | 5 | 2 | 1,800 | $845 | 0.9 mi |
B 441 Bridgeport Sold | $1,150,000 | 3 | 2 | 1,400 | $821 | 0.4 mi |
C 715 Sonora Avenue Sold | $1,310,000 | 3 | 2 | 1,530 | $856 | 0.3 mi |
D 249 Sevilla Avenue Active | $1,390,000 List Price | 4 | 2 | 1,440 | $965 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows clear evidence of significant updates that bypass its 1973 build date. The kitchen is modernized with granite countertops, a center island, and stainless steel appliances. The interior features updated wood flooring, vaulted ceilings, and well-maintained living spaces. Additional high-quality features like the composite deck and natural gas generator indicate proactive maintenance, though the overall style of the cabinetry and wood-paneled accents suggests renovations occurred within the 5-15 year window rather than being brand new.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7300, living area = 1770.
Situated in the desirable Clipper Ridge neighborhood, the home offers filtered ocean views and immediate proximity to Pillar Point Harbor's waterfront dining and coastal trails.
The property features a flexible lower-level bonus space, a large 7,300+ sq ft lot with dedicated RV/boat parking, and a natural gas generator for enhanced utility and peace of mind.
Built in 1973, the residence may require ongoing maintenance or further modernization to meet the standards of buyers seeking newer construction.
With 75 days on the market and two price reductions from the original list price, the property has faced some challenges in aligning with buyer valuation expectations.
Located in the sought-after Clipper Ridge neighborhood, moments from the coastal charm and waterfront dining at Pillar Point Harbor, this spacious home with views of the ocean and open space embodies coastside living. Set on a 7,300+ sq ft lot, the residence offers 1,770+ sq ft of comfortable living space with 4 bedrooms and 2-1/2 bathrooms. The light-filled living room features vaulted ceilings and a fireplace, creating a welcoming feel. Sliding glass doors lead to a composite deck, perfect for morning coffee or sunset evenings with filtered ocean views. The dining area flows into the kitchen with a center island, granite countertops, and stainless steel appliances ideal for casual meals and entertaining. Upstairs offers four bedrooms and two full baths, including a generously sized primary suite with its own ensuite. The lower level provides a flexible bonus space with a half bath and built-in storage, perfect for a home office, gym, media room, or guest retreat. Additional highlights include a two-car garage with storage, landscaped gardens, a covered carport for RV or boat parking, and a natural gas generator with automatic transfer switch for added comfort and peace of mind. With easy access to Highway 1, commuting north to San Francisco or enjoying nearby Half Moon Bay.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,770 | 1,800 | 47% |
| Lot Size | 7,300 | 6,057 | 67% |
| Price | $1.60M | $1.55M | 53% |
| Price per sq ft | $903 | $848 | 53% |
| Built year | 1973 | 1986 | 40% |
| HOA | $150.0 | $0 | 87% |
| Days on market | 55 | 196 | 20% |
Mar 28, 2026
$1,599,000
$1,674,000
-4% Price Drop
Initial Listing
Mar 19, 2026
$1,674,000
$1,699,000
-1% Price Drop
Initial Listing
Feb 26, 2026
$1,699,000
Initial Listing
Oct 4, 2023
$1,650,000
Public Record