2849 Penasco, San Clemente, California 92673, San Clemente, 92673 - 3 bed, 2 bath
ACTIVE$1,299,900$1,235/sqft
Est. Value: $1,284,857
-1%
FairlyEstimate
2849 Penasco, San Clemente, California 92673
3Beds
2Baths
1,235Sqft
9,375Lot
Price Vs. Estimate
The estimated value ($1,284,856.95) is $15,043.05 (1%) lower than the list price ($1,299,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 1235.
Top Cons:
Sold As-Is Condition: The property is being sold in 'as-is' condition, which may necessitate immediate investment for repairs, upgrades, or renovations.
Compared to the nearby listings
Price:$1.30M vs avg $1.82M ($-520,100)9%
Size:1,235 sqft vs avg 2,549 sqft4%
Price/sqft:$1.1K vs avg $70691%
More Insights
Built in 1984 (42 years old).
Condition: Built in 1984, this home is 40 years old and largely retains its original or older finishes, particularly evident in the kitchen and bathrooms. The kitchen features dated dark wood cabinets, tile countertops, terracotta-style floor tiles, and a mix of white and stainless steel appliances. The bathrooms also show dated tile countertops, vanities, and light fixtures. While the property appears clean and well-maintained with fresh paint and clean carpets, and major systems are functional, it requires significant cosmetic updates to meet current quality and style standards. The 'as-is' sale condition further supports the need for renovation.
Year Built
1984
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$1,053
HOA
$140
Days on market
-
Sold On
-
MLS number
OC26009786
Home ConditionFair
Features
Excellent View: Hills, Mountain(s), Neighborhood, Panoramic
Patio
ViewHills, Mountain(s), Neighborhood, Panoramic
About this home
Wake up to breathtaking panoramic views that stretch from Mt. Baldy to Saddleback Mountain, overlooking the surrounding community below. This bright and airy 3-bedroom, 2-bath home sits on an expansive 9,375 sq. ft. lot, offering privacy, RV parking, and a single-loaded street setting. Natural light fills the home, enhancing the open and uplifting feel while drawing your eye to the sweeping vistas. It is truly a daily wow moment whether you are enjoying your morning coffee or hosting guests. The oversized lot provides ample room for expansion, making this a rare opportunity to customize or build your dream space while preserving the incredible views. Ideally located near Truman Benedict Elementary School, Bernice Ayer Middle School, and Forster Ranch Community Park, and just a short drive to the beach. No Mello-Roos. The property is being sold as-is and presents a clean home with rare views, space, and long-term upside. This is San Clemente living at its finest!
W
Willis Lee
Listing Agent
Nearby schools
8/10
Truman Benedict Elementary School
Public,•K-5•0.3mi
4/10
Marblehead Elementary School
Public,•K-5•0.9mi
5/10
Palisades Elementary School
Public,•K-5•2.3mi
8/10
Vista Del Mar Elementary School
Public,•K-5•2.5mi
5/10
Harold Ambuehl Elementary School
Public,•K-5•2.8mi
7/10
Bernice Ayer Middle School
Public,•6-8•0.6mi
8/10
Vista Del Mar Middle School
Public,•6-8•2.5mi
6/10
Marco Forster Middle School
Public,•6-8•3.4mi
7/10
Shorecliffs Middle School
Public,•6-8•4.7mi
8/10
San Clemente High School
Public,•9-12•1.7mi
8/10
San Juan Hills High School
Public,•9-12•2.7mi
Price History
Date
Event
Price
04/02/98
Sold
$245,000
Condition Rating
Fair
Built in 1984, this home is 40 years old and largely retains its original or older finishes, particularly evident in the kitchen and bathrooms. The kitchen features dated dark wood cabinets, tile countertops, terracotta-style floor tiles, and a mix of white and stainless steel appliances. The bathrooms also show dated tile countertops, vanities, and light fixtures. While the property appears clean and well-maintained with fresh paint and clean carpets, and major systems are functional, it requires significant cosmetic updates to meet current quality and style standards. The 'as-is' sale condition further supports the need for renovation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 1235.
Panoramic Views: The property boasts breathtaking panoramic views stretching from Mt. Baldy to Saddleback Mountain, offering a significant aesthetic and value-add.
Expansive Lot with Potential: An expansive 9,375 sq. ft. lot provides ample room for expansion, customization, RV parking, and enhanced privacy.
Prime Location & School Proximity: Ideally located near highly-rated Truman Benedict Elementary (8/10) and Bernice Ayer Middle School (7/10), Forster Ranch Community Park, and a short drive to the beach.
No Mello-Roos: The absence of Mello-Roos taxes offers a significant financial advantage and lower overall ownership costs.
Privacy & Single-Loaded Street: Situated on a single-loaded street, the property benefits from increased privacy and reduced traffic.
Cons
Sold As-Is Condition: The property is being sold in 'as-is' condition, which may necessitate immediate investment for repairs, upgrades, or renovations.
Modest Interior Square Footage: With 1,235 sq. ft., the interior living space is relatively modest for the San Clemente market at this price point, potentially requiring expansion for larger families or modern living preferences.
Original Construction (1984): Built in 1984, the home likely features original systems and finishes that may require updating or maintenance to meet contemporary standards and avoid future issues.