
San Clemente, California 92672
This Turnkey Residential Income Property is a Prime Investment Opportunity, listed at $1,225,000—positioned well below the $1,256,137 Fair Market Value by 2%. This valuation gap offers $31,137 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Hardwood Flooring, and Unobstructed Canyon Views. Located in the Capistrano Unified School District, this well-maintained asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3501 Paseo Flamenco Subject | $1,225,000* List Price | 3 | 2 | 1,618 | $776 | - |
A 3407 Via Loro Sold | $1,200,000 | 3 | 2 | 1,526 | $786 | 0.1 mi |
B 3281 Paseo Gallita Sold | $1,180,000 | 3 | 2 | 1,526 | $773 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the home shows high pride of ownership and is move-in ready. It features renovations likely within the 10-20 year range, including granite countertops in the kitchen and bathrooms, hardwood flooring, and updated systems like a tankless water heater. The kitchen appliances are newer, and the overall condition is functional and well-maintained.
The property features rare, unobstructed canyon views and a central atrium that maximizes natural light throughout the living spaces, creating a bright and airy atmosphere.
Offered for the first time in 47 years, this home demonstrates superior pride of ownership with move-in ready interiors and high-quality finishes like hardwood flooring and granite countertops.
Key functional improvements including a tankless water heater, newer kitchen appliances, and custom built-in oak cabinetry provide immediate value and convenience for the new owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $475 adds a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
With 49 days on the market and a recent $50,000 price reduction, the property is currently facing market resistance, suggesting the initial valuation was not aligned with buyer expectations.
Don't miss this opportunity to own a bright, beautifully maintained home with refreshing ocean breezes and unobstructed canyon views. Offered for the first time in 47 years, this lovingly cared-for home showcases pride of ownership throughout. As you enter, you're welcomed by the atrium that fills the home with natural sunlight, along with a cozy sitting area that's perfect for enjoying your morning coffee. Hardwood and tile flooring extend throughout the main living areas, and bathrooms, while the primary bedroom features comfortable carpeting. The spacious primary bedroom offers large closets and an upgraded bathroom with a generous granite-topped double vanity. The 3rd bedroom is being used as an office and can be used for anything to suit your needs. The freshly painted living room retains its charm with custom built-in oak bookshelves and cabinets, as well as a charming bay window seat that's perfect for soaking up the morning sun. Just off the breakfast nook, sliding glass doors open to a private patio deck where you can enjoy peaceful, unobstructed canyon views. The kitchen features granite countertops, a newer stove and microwave, a new refrigerator, and tile flooring. Additional highlights include an attached two-car garage with movable storage cabinets, a dedicated laundry room, a tankless water heater, and fans in the bedrooms, dining room and office. Move-in ready and exceptionally well maintained, this is a rare opportunity to own a home that combines comfort, thoughtful upgrades, and a truly beautiful setting.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 4.9 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,618 | 1,788.8 |
| Lot Size | 2,848 | 4,023.2 |
| Price | $1.23M | $1.71M |
| Price per sq ft | $757 | $823 |
| Built year | 1977 | 1965 |
| HOA | $475.0 | $475 |
| Days on market | 59 | 68 |
Aug 21, 2026
$1,225,000
$1,275,000
-4% Price Drop
Initial Listing
Jul 12, 2026
$1,275,000
Initial Listing