405 Kelly Avenue, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 3 bed, 3 bath
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Half Moon Bay, California 94019
This Coastal Single Family Residence represents a Strong Value Opportunity, listed at $1,785,000—positioned well above the $1,696,907 Fair Market Value by 5%. While priced at a premium, the property offers significant upside through its 9,912sqft lot and ADU Value-Add Potential, supported by existing architectural plans. Featuring a Condition Rating of 3, the home includes a Gourmet Kitchen and a Spacious Deck with mountain views. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused coastal asset with long-term development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 Kelly Avenue Subject | $1,785,000* List Price | 3 | 3 | 1,700 | $998 | - |
A 754 Vasques Drive Sold | $1,310,000 | 3 | 3 | 1,778 | $737 | 0.7 mi |
B 638 Alsace Loraine Avenue Sold | $1,557,300 | 3 | 2 | 1,780 | $875 | 0.2 mi |
C 303 Filbert Street Sold | $1,950,000 | 4 | 2 | 1,620 | $1,204 | 0.5 mi |
D 371 Granelli Avenue Sold | $1,630,000 | 4 | 3 | 2,110 | $773 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property is in well-maintained, move-in ready condition. The kitchen and living areas have been updated with contemporary finishes, including white shaker cabinetry, granite countertops, stainless steel appliances, and modern flooring, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9912, living area = 1700.
Situated just steps from the beach and coastal trails, this property offers an ideal lifestyle with walking access to State Beach, downtown Half Moon Bay, and local schools.
The oversized 9,912 sqft lot features a gourmet outdoor setup with a large fireplace, custom shower, and full hookups for a large vehicle, perfect for coastal entertaining and recreation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9912, other record lot size in square feet = 9984.
While ADU plans are included, they are only proposed; the buyer must navigate the city's permitting process, which can be time-consuming and carries no guarantee of approval.
At approximately 1,700-1,790 sqft, the interior living space is relatively compact for a three-bedroom home at this price point, particularly given the expansive lot size.
Bright, modern home just steps from the beach & coastal trails. Set on a 9,912sqft lot, this light-filled home offers 3 bedrooms, 2.5 bathrooms, & approximately 1,790sqft of living space. The open-concept floor plan blends comfort & style, with abundant natural light, flexible bedroom/den space, with a loft, & additional storage. French doors open to a spacious deck, creating effortless indoor-outdoor living ideal for relaxing, entertaining, & enjoying the coastal air. The gourmet kitchen is designed for both everyday living & elevated entertaining, featuring high-end stainless-steel appliances, granite countertops, a breakfast bar, 5-burner gas cooktop, walk-in pantry, & contemporary finishes throughout. The outdoor setting is a true highlight, with the backyard having a large outdoor fireplace, custom outdoor shower, parking and full hookups for a large vehicle. Located within walking distance to State Beach, the coastal trail, local schools, downtown Half Moon Bay, and the local Farmers Market, this exceptional property offers the space, lifestyle, and future potential that make coastal living so desirable. Home has two proposed architectural plans for an ADU, one with a roof deck; & one over the garage buyer will have to submit to the city for permits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,700 | 2,115 | 30% |
| Lot Size | 9,912 | 7,193 | 83% |
| Price | $1.78M | $1.61M | 57% |
| Price per sq ft | $1.1K | $807 | 83% |
| Built year | 2002 | 1977 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 150 | 3% |
May 15, 2026
$1,785,000
Initial Listing
Sep 3, 2020
$1,400,000
Public Record
Aug 15, 2000
$280,000
Public Record