324 Kelly Avenue, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 5 bed, 4 bath
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324 Kelly Avenue
Half Moon Bay, California 94019
ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,301Sq Ft
7,500Lot Size
Property Price
LIST PRICE$3,650,000
EST. MARKET VALUE
$3,424,015
6% AboveMARKET VALUE
SUMMARY
This Ultra-Modern Coastal Estate is a Strong Value Opportunity, listed at $3,650,000—positioned well above the $3,424,015 Fair Market Value by -6%. Featuring an Excellent Condition Rating (2), this 2017 architectural masterpiece offers premium finishes, including an 18-ft Neolith island and PanoramAH! glass systems with ocean views. The property provides a rare expansion opportunity via an adjacent lot purchase. While school ratings are modest, the home’s design and coastal location offer a premier lifestyle. This is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a unique coastal asset.
Estimated Market Value
$3,424,015
Based on Realkey algorithm analyzing recent comparable sales in Half Moon Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 Kelly Avenue Subject | $3,650,000* List Price | 5 | 4 | 3,301 | $1,037 | - |
A 201 Miramontes Avenue Sold | $3,695,000 | 5 | 5 | 3,244 | $1,139 | 0.1 mi |
B 229 Garcia Avenue Active | $2,575,000 List Price | 4 | 5 | 2,261 | $1,139 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this ultra-modern estate is less than 10 years old and in mint condition. It features high-end Miele appliances, an 18-ft Neolith kitchen island, radiant heating, and premium European finishes throughout, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Masterpiece
Designed by Nomos RED, this ultra-modern estate features advanced steel construction, museum-quality finishes, and seamless indoor-outdoor living via premium PanoramAH! glass systems.
- Prime Coastal Location
Situated in the desirable Alsace Lorraine neighborhood, the home offers ocean views and immediate access to the beach, Coastal Trail, and downtown Half Moon Bay.
- Rare Expansion Opportunity
The property offers the unique ability to purchase the adjacent 7,500 sq ft lot, potentially creating a massive 15,000 sq ft double-lot estate in a high-demand area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3301, other record living area = 3167. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Significant Price Volatility
The property has undergone substantial price reductions from its original $5.35M listing to $3.65M, which may indicate initial overvaluation or a niche appeal that extends market time.
- Modest School Ratings
The assigned elementary and middle schools have lower performance ratings (4/10 and 3/10), which could be a concern for families focused on the local public school system.
About 324 Kelly Avenue
Architectural masterpiece by Nomos RED (2017), this ultra-modern coastal estate showcases advanced steel construction, exceptional energy efficiency, and museum-quality design. Floor-to-ceiling PanoramAH! glass systems create seamless indoor-outdoor living with abundant natural light and ocean views. Interior highlights include an 18-ft Neolith island, Miele appliances, radiant heating, smart-home features, and refined European finishes throughout. Ideally located in Half Moon Bays sought-after westside Alsace Lorraine neighborhood, just moments to the beach, Coastal Trail, and Main Street, with convenient access to Highway 92 for Peninsula commuting. A one-of-a-kind modern coastal offering combining design, functionality, and lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Half Moon Bay Unified Schools
Alvin S. Hatch Elementary School
Grades K-5 • 0.2 mi
4/10
Manuel F. Cunha Intermediate School
Grades 6-8 • 0.4 mi
3/10
Half Moon Bay High School
Grades 9-12 • 0.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 4.0 | 2.5 |
| Square foot | 3,301 | 2,192.25 |
| Lot Size | 7,500 | 6,346 |
| Price | $3.65M | $1.72M |
| Price per sq ft | $1.1K | $834 |
| Built year | 2017 | 1987 |
| HOA | $0 | $360 |
| Days on market | 78 | 52 |
Pricing History
Listed for Sale
Aug 18, 2026
$3,650,000
$4,795,000
-24% Price Drop
Initial Listing
Price Change
Aug 9, 2026
$4,795,000
$4,995,000
-4% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$4,995,000
$5,350,000
-7% Price Drop
Initial Listing
Price Change
Jun 23, 2026
$5,350,000
Initial Listing
Sold
Feb 9, 2018
$2,650,000
Public Record
Sold
Jun 25, 2015
$425,000
Public Record