
El Granada, California 94018
This Stunning Coastal Residence is a Strong Value Opportunity, listed at $2,595,000—positioned well below the $2,623,952 Fair Market Value by 1%. This valuation gap offers $28,952 in Instant Equity for the buyer. Featuring a newly permitted ADU, panoramic ocean views, and an Excellent Condition Rating following comprehensive modern upgrades, this home offers both luxury and income potential. Its prime location near Princeton Harbor makes it an ideal acquisition for Owner-Occupants or Investors seeking a turnkey, high-yield coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 Avenue Alhambra Subject 4 bd · 3 ba · 2,700 sqft · $972 | $2,595,000* List Price | 4 | 3 | 2,700 | $972 | - |
A 634 Coronado Street Sold 4 bd · 3 ba · 2,034 sqft · $1,057 · 0.7 mi | $2,150,000 | 4 | 3 | 2,034 | $1,057 | 0.7 mi |
B 130 Sonora Avenue Active 4 bd · 4 ba · 2,700 sqft · $1,037 · 0.1 mi | $2,799,000 List Price | 4 | 4 | 2,700 | $1,037 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years. It features a modern kitchen with a waterfall island, renovated bathrooms, and major system upgrades including a new roof, windows, HVAC, and energy-efficient all-electric systems.
The property features a newly permitted 1-bedroom, 1-bathroom ADU with a private entrance, providing excellent opportunities for rental income, guest housing, or multi-generational living.
Ideally situated in a highly walkable area steps from Princeton Harbor and the Coastal Trail, the home offers stunning Pacific Ocean and sunset views from its vaulted great room and balcony.
Extensive renovations including a new roof, windows, flooring, and energy-efficient all-electric systems ensure a turnkey experience with significantly reduced immediate maintenance needs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5743, other record lot size in square feet = 2888.
At a list price of $2.595 million, the property represents a significant investment that sits at the higher end of the local market, potentially limiting the pool of qualified buyers.
The 5,743 sq. ft. lot is relatively compact for this price bracket, which may restrict outdoor recreational space or future expansion compared to other luxury coastal estates.
Ocean views, steps from Princeton Harbor, and a newly permitted ADU. Welcome to exceptional Coastside living at 355 Avenue Alhambra. Beautifully renovated, this 4 bedroom, 3 bathroom home offers approximately 2,700 sq. ft. of flexible living in one of El Granada's most walkable locations. Upstairs, the light-filled great room features vaulted ceilings, exposed beams, and open kitchen, dining, and living spaces that flow seamlessly to an ocean-facing balcony with beautiful Pacific and sunset views. The main level includes 2 bedrooms and 2 renovated bathrooms, including a spacious primary suite. Downstairs, a newly permitted 1 bedroom, 1 bathroom ADU features its own kitchen and private entrance, offering flexibility for extended family, guests, or rental income. An additional bonus room provides even more versatility and can function as a fourth bedroom, home office, or flex space. Major upgrades include a new roof, windows, flooring, air conditioning, water heater, and energy-efficient all-electric systems. Outside, enjoy a private backyard, 3 car garage, and expansive driveway with parking for up to 6 cars. Just moments from Princeton Harbor, Pillar Point, the Coastal Trail, beaches, shops, and restaurants including Sam's Chowder House. This is Coastside living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,700 | 1,794.444 |
| Lot Size | 5,743 | 5,824 |
| Price | $2.60M | $1.46M |
| Price per sq ft | $961 | $882 |
| Built year | 1971 | 1982 |
| HOA | $0 | $0 |
| Days on market | 30 | 77 |
Sep 24, 2026
$2,595,000
Initial Listing
Sep 5, 2007
$399,000
Public Record