
San Juan Capistrano, California 92675
This property presents a High-Potential Investment Opportunity with a List Price of $1,650,000—positioned slightly above the $1,640,970 Fair Market Value. While the property requires a comprehensive rehab due to its Condition Rating of 5, the expansive 10,000sqft lot and Panoramic Ocean Views provide significant upside for forced appreciation. The Mid-Century Modern Architecture and development potential offer a unique foundation for value-add projects. This asset is an ideal acquisition for Fix-and-Flip Investors or Custom Home Builders looking to capitalize on a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33821 Calle Conejo Subject 3 bd · 3 ba · 2,148 sqft · $764 | $1,650,000* List Price | 3 | 3 | 2,148 | $764 | - |
A 33805 Via De Agua Active Under Contract 4 bd · 2 ba · 1,997 sqft · $764 · 0.1 mi | $1,525,000 List Price | 4 | 2 | 1,997 | $764 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1969 (57 years old), this property is largely in original or aged condition. While one bathroom shows a recent vanity update, the rest of the home features dated finishes, mismatched flooring, and wall-mounted heating units suggesting outdated systems. The listing description explicitly highlights the potential for 'redevelopment and new construction,' signaling that the structure requires a comprehensive rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2148.
The property features a rare 10,000-square-foot lot in San Juan Capistrano South, providing significant outdoor space and highly desirable ocean views that enhance long-term value.
With its generous lot size and flexible layout, the property offers an exceptional opportunity for redevelopment, new construction, or a complete custom renovation to create a dream coastal home.
The garage is currently utilized as living space with a secondary kitchen, which may present challenges regarding building permits, parking requirements, or traditional financing.
Built in 1969 and marketed as a renovation opportunity, the property likely requires substantial capital investment to update systems and finishes to modern standards.
Rare opportunity to own an expansive 10,000sqft ocean-view lot in San Juan Capistrano South. Featuring distinctive mid-century modern architecture, this 3bed/3bath residence offers approximately 2,148 square feet of living space with incredible potential for renovation and customization. The garage is currently utilized as additional living space, complete with a small kitchen area and ample storage. With its generous lot size and ocean views, the property presents exciting possibilities for those looking to create their dream coastal home. Whether thoughtfully updating the existing residence or exploring the potential for redevelopment and new construction, this unique property offers exceptional flexibility in a highly desirable location. An outstanding opportunity for homeowners, builders, and investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 3.2 |
| Square foot | 2,148 | 2,755.076 |
| Lot Size | 10,000 | 8,779.633 |
| Price | $1.65M | $2.07M |
| Price per sq ft | $768 | $746 |
| Built year | 1969 | 1986 |
| HOA | $0 | $329 |
| Days on market | 16 | 52 |
Oct 9, 2026
$1,650,000
Initial Listing