39722 Leeward Road #28, The Sea Ranch, CA 95497, The Sea Ranch, 95497 - 2 bed, 2 bath
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39722 Leeward Road #28
The Sea Ranch, CA 95497
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,252Sq Ft
20,591Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,107,355
3% AboveMARKET VALUE
SUMMARY
This Sea Ranch Single Family Residence is a High-Potential Investment Opportunity, listed at $1,150,000—positioned well above the $1,123,201 Fair Market Value by -2%. While the property requires cosmetic updates to its Fair Condition Rating, it offers significant lifestyle appeal with blue water ocean views, a private hot tub, and a large 20,591 sqft lot. The inclusion of a power generator and proximity to coastal trails adds functional value. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal retreat.
Estimated Market Value
$1,107,355
Based on Realkey algorithm analyzing recent comparable sales in The Sea Ranch.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998, the property is 28 years old and retains most of its original interior finishes. While the home has been well-maintained with recent exterior staining and a high-end range upgrade, the kitchen and laundry areas feature dated tile countertops and cabinetry typical of the late 90s, placing it in the 'Fair' category due to age and the need for cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20591, living area = 1252.
- Coastal Location & Views
The property boasts desirable blue water views and is ideally situated near popular Sea Ranch amenities, including Walk on Beach, Shell Beach, and the Del Mar Pool.
- Architectural Character & Maintenance
Features classic Sea Ranch design with vaulted open-beamed ceilings and slate floors, further enhanced by recent exterior staining and meticulous owner care.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 99 days on the market, the property has exceeded typical turnover times, suggesting potential pricing resistance or a mismatch with current buyer demand.
- High Price Per Square Foot
At 1,252 square feet for $1.15M, the interior living space is relatively compact, which may be a deterrent for buyers seeking more expansive square footage at this price point.
About 39722 Leeward Road #28
This home has received TLC by owners, is sold furnished if wanted and features 2 bedrooms and 2 baths, fireplace, slate tile floors, dining area, laundry room, architecturally interesting open beamed vaulted ceilings, hot tub and a secret garden, plus, a large deck with blue water views and a garage. Close to walking trails, Walk on Beach, Shell Beach and Del Mar Pool, and, there is a power generator. New STAIN applied June 2026, note photos show before and after power wash/stain.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 20,591 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,252 | 1,715.667 |
| Lot Size | 20,591 | 22,110.5 |
| Price | $1.15M | $1.49M |
| Price per sq ft | $919 | $853 |
| Built year | 1998 | 1981 |
| HOA | $380 | $413 |
| Days on market | 186 | 63 |
Pricing History
Listed for Sale
Mar 7, 2026
$1,150,000
Initial Listing
Sold
Jun 4, 2008
$795,000
Public Record
Sold
Jun 5, 2001
$435,000
Public Record
Sold
Mar 3, 1998
$299,000
Public Record
Sold
Feb 16, 1995
$45,000
Public Record