373 Ocean Parkway, Bolinas, CA 94924, Bolinas, 94924 - 2 bed, 2 bath

373 Ocean Parkway, Bolinas, CA 94924 home-pic-0

373 Ocean Parkway

Bolinas, CA 94924

ACTIVE
CONDITION: POOR
2Beds
2Baths
952Sq Ft
5,798Lot Size

Property Price

LIST PRICE$1,995,000

SUMMARY

Analysis of 373 Ocean Parkway, Bolinas, CA 94924 is currently available with a list price of $1,995,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Bolinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

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.

PROSSTRENGTHS & OPPORTUNITIES

  • 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.

CONSRISKS & DEFICIENCIES

  • 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.

About 373 Ocean Parkway

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1953
Lot Size
5,798 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.5
50%
Square foot9521,436.5
33%
Lot Size5,79811,844
17%
Price$2.00M$2.12M
33%
Price per sq ft$2.1K$1.6K
67%
Built year19531950
50%
HOA$0$0
50%
Days on market67183
17%

Pricing History

Listed for Sale

Dec 30, 2025

$1,995,000

Initial Listing

Sold

Nov 15, 2019

$1,950,000

Public Record

Sold

May 16, 2017

$1,600,000

Public Record

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