373 Ocean Parkway, Bolinas, CA 94924, Bolinas, 94924 - 2 bed, 2 bath
ACTIVE$1,995,000$952/sqft
373 Ocean Parkway, Bolinas, CA 94924
2Beds
2Baths
952Sqft
5,798Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: Nestled in the charming coastal enclave of Bolinas, the property offers a highly desirable location just a short stroll from Agate Beach, providing an idyllic coastal lifestyle.
Top Cons:
Extensive Renovation Required: The property is 'completely gutted on the inside,' necessitating significant financial investment, time, and effort for a full interior build-out before it can be habitable.
Compared to the nearby listings
Price:$2.00M vs avg $2.00M ($-2,500)50%
Size:952 sqft vs avg 1,886.5 sqft25%
Price/sqft:$2.1K vs avg $1.1K88%
More Insights
Built in 1953 (73 years old).
Condition: The property is explicitly described as 'completely gutted on the inside,' rendering it unlivable and requiring substantial rehabilitation. While the exterior appears intact, the interior condition necessitates a full build-out, including all major systems, finishes, kitchen, and bathrooms. The 1953 build year also suggests potential underlying structural or system issues that may need addressing during the extensive renovation.
Year Built
1953
Close
-
List price
$2M
Original List price
-
Price/Sqft
$2,096
HOA
$0
Days on market
-
Sold On
-
MLS number
325104344
Home ConditionPoor
Features
Excellent View:
Deck
View-
About this home
Nestled in the charming coastal enclave of Bolinas, California, this quaint cottage offers a unique opportunity for buyers to create their dream home. Completely gutted on the inside, it serves as a blank canvas, inviting your personal touch and vision for the interior. Just a short stroll from Agate Beach, this property boasts ocean views, allowing you to enjoy the serene beauty of coastal living right from your future home. Its prime location also allows for easy access to downtown Bolinas, hiking trails, and the community atmosphere. Whether you envision a serene getaway or an investment opportunity, this cottage is your chance to express yourself in a tranquil coastal setting. Embrace the possibilities and let your creativity flow in this idyllic retreat.
S
Sarah Butler
Listing Agent
Price History
Date
Event
Price
11/15/19
Sold
$1,950,000
05/16/17
Sold
$1,600,000
Condition Rating
Poor
The property is explicitly described as 'completely gutted on the inside,' rendering it unlivable and requiring substantial rehabilitation. While the exterior appears intact, the interior condition necessitates a full build-out, including all major systems, finishes, kitchen, and bathrooms. The 1953 build year also suggests potential underlying structural or system issues that may need addressing during the extensive renovation.
Pros & Cons
Pros
Prime Coastal Location: Nestled in the charming coastal enclave of Bolinas, the property offers a highly desirable location just a short stroll from Agate Beach, providing an idyllic coastal lifestyle.
Ocean Views: The cottage boasts direct ocean views, a premium feature that enhances its appeal and offers serene beauty right from the future home.
Blank Canvas for Customization: Being 'completely gutted on the inside,' the property presents a unique opportunity for buyers to fully customize and design their dream home from scratch, reflecting personal taste and modern standards.
Excellent Local Accessibility: Its prime location ensures easy access to downtown Bolinas, local hiking trails, and the vibrant community atmosphere, catering to an active and engaged lifestyle.
Investment Potential: Located in a sought-after coastal market like Bolinas, this property offers strong investment potential, whether as a serene getaway or a high-value renovated asset.
Cons
Extensive Renovation Required: The property is 'completely gutted on the inside,' necessitating significant financial investment, time, and effort for a full interior build-out before it can be habitable.
High Entry Price for Condition: With a list price of nearly $2 million for a 952 sqft property in a gutted state, the buyer is paying a substantial premium for the land and location, with considerable additional costs for renovation.
Age of Original Structure: Built in 1953, while the interior is gutted, the underlying structure and potentially unseen systems (e.g., foundation, exterior integrity, main utility lines) may require further assessment and costly upgrades beyond the interior renovation.