4 Beach Ave, Dillon Beach, CA 94929, Dillon Beach, 94929 - 2 bed, 2 bath
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Dillon Beach, CA 94929
This Coastal Value-Add Residence represents a High-Potential Investment Opportunity, listed at $980,000—positioned well below the $1,102,067 Fair Market Value by 11%. This valuation gap secures $122,067 in Instant Equity for the incoming owner. Currently holding a Fair Condition Rating, the property features a versatile detached studio, spacious deck, and stunning ocean vistas that offer significant appreciation potential through modernization. Its 'front-row' location near Dillon Beach Resort ensures long-term desirability, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 Beach Ave Subject | $980,000* List Price | 2 | 2 | 992 | $1,111 | - |
A 38 Ocean View Avenue Active | $1,075,000 List Price | 3 | 2 | 840 | $1,280 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this beach house is well-maintained but largely outdated, fitting the 'fair' criteria perfectly. While the main living areas have been refreshed with newer luxury vinyl plank flooring and updated light fixtures, the kitchen features older electric coil appliances and the bathrooms remain in a highly dated state with original-style paneling and older vanities. The detached studio also shows significant age in its kitchenette and fixtures, supporting the listing's description of the home having 'endless potential' for renovation.
Positioned as a 'front-row' property, this home offers immediate access to the beach, surfing, and local resort amenities, providing a premium coastal lifestyle.
The inclusion of a detached studio offers significant flexibility, serving as a private guest suite, a creative office, or a potential source of rental income.
Large windows throughout the home frame stunning sunsets and ocean vistas, creating a serene atmosphere and increasing the property's intrinsic value.
Built in 1951 and described as having 'endless potential,' the home likely requires modernization and capital investment to update its original features.
At just 992 square feet, the living space is relatively small, which may be a constraint for buyers seeking a more expansive primary residence.
Welcome to your front-row seat to coastal living at Dillon Beach. This charming 3-bedroom, 2-bath beach house sits on one of the largest lots in the area and offers endless potential to make it your own. One bedroom is a detached studio—perfect for guests, a creative space, or possible rental income. Filled with years of cherished memories, this home is ready for its next chapter. Large windows frame stunning sunsets, while ocean breezes and soothing waves set the tone for everyday life. With easy access to the Bay Area’s rare off-leash beach, plus nearby surfing, fishing, kayaking, and the Dillon Beach Resort restaurant & general store, this is more than a home—it’s a lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 992 | 1,632 | 40% |
| Lot Size | 3,060 | 5,401 | 40% |
| Price | $980.0K | $1.02M | 40% |
| Price per sq ft | $988 | $623 | 80% |
| Built year | 1951 | 1959 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 211 | 20% |
Mar 4, 2026
$980,000
Initial Listing