
Long Beach, California 90807
This Stunning Virginia Country Club Estate is a High-Potential Investment Opportunity, listed at $2,799,000—positioned well below the $2,809,923 Fair Market Value by 0.39%. Featuring an Extensive High-End Remodel and an Excellent Condition Rating, the property offers $10,923 in Instant Equity. With 1,400 sq. ft. of unfinished second-story space, this home provides significant expansion potential for Value-Add Investors or Owner-Occupants seeking a luxury residence with long-term appreciation upside in a prestigious Long Beach neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4217 Cedar Avenue Subject 4 bd · 6 ba · 4,283 sqft · $656 | $2,799,000* List Price | 4 | 6 | 4,283 | $656 | - |
A 630 W Devon Sold 4 bd · 4 ba · 4,465 sqft · $731 · 0.3 mi | $3,262,098 | 4 | 4 | 4,465 | $731 | 0.3 mi |
B 4406 California Ave Sold 5 bd · 4 ba · 3,803 sqft · $671 · 1.0 mi | $2,550,000 | 5 | 4 | 3,803 | $671 | 1.0 mi |
C 3930 Myrtle Sold 3 bd · 4 ba · 2,771 sqft · $767 · 0.9 mi | $2,125,000 | 3 | 4 | 2,771 | $767 | 0.9 mi |
D 3939 Pacific Active 4 bd · 4 ba · 3,684 sqft · $787 · 0.2 mi | $2,899,999 List Price | 4 | 4 | 3,684 | $787 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive high-end remodel featuring a designer kitchen with Thermador appliances and premium en-suite bathrooms. Critical systems are recently updated, including three newer HVAC units, new PEX water lines, and tankless water heaters, placing it in mint condition with no maintenance required.
The property features approximately 1,400 sq. ft. of unfinished second-story space, offering a rare opportunity to increase the total living area to nearly 5,700 sq. ft. and build immediate equity.
Extensively updated with premium finishes, including a chef’s kitchen with Thermador appliances, a unique secret speakeasy, and major infrastructure upgrades like new PEX plumbing and three newer AC units.
Situated on a sprawling 14,827-sq.-ft. lot in the prestigious Virginia Country Club area, the estate includes a detached guest suite, a rare basement, and an oversized three-car garage with gated RV parking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The advertised potential square footage is currently unfinished, requiring the buyer to verify permits and invest additional capital and time to complete the second story.
Despite its luxury status and prestigious location, the property is listed as having no views, which may be a drawback for high-end buyers seeking panoramic vistas.
Rare Virginia Country Club estate offering over 4,280 sq. ft. of beautifully remodeled living space on an approx. 14,827-sq.-ft. lot, with approx. 1,400 sq. ft. of unfinished second-story space already in place, creating potential for nearly 5,700 sq. ft. if completed. Buyer to verify square footage, permits and feasibility. Extensively updated while preserving character, the home features generous living and entertaining spaces, fireplaces, floor-to-ceiling windows, a grand formal dining room and a dramatic secret speakeasy with illuminated Cristallo quartzite, Newport Brass fixtures and copper sink. The remodeled kitchen offers premium quartz, Thermador appliances, Newport Brass fixtures, a Native Trails hammered-copper sink, abundant cabinetry and excellent storage. The main residence includes three private en-suite bedrooms plus two powder rooms, with premium finishes, custom glass and a curbless primary shower. Two laundry areas add convenience, including one off the kitchen and a second washer/dryer in the primary suite. The detached guest suite adds an additional room with full bath and built-in bed that stows away to maximize living space. Existing plumbing and electrical create additional possibilities. A rare basement offers flexible use as wine storage, secure storage, private retreat or creative space. Major improvements include three newer AC units and furnaces, guest-suite mini-split, new PEX water lines, tankless water heaters, LED lighting, exterior lighting, plantation shutters, porcelain tile flooring, fresh interior/exterior paint and updated finishes throughout. Expansive front and rear yards offer space for entertaining, recreation or a future pool. Updated hardscaping, irrigation, landscaping, sod, fountains and custom wrought ironwork enhance the grounds. A large detached shed provides additional storage or creative-use potential. The oversized three-car garage is finished with drywall and insulated doors and includes storage above. Gated RV parking, custom automatic entry gate and abundant additional parking complete the property. Near Virginia Country Club, Rancho Los Cerritos, Bixby Knolls, the Long Beach waterfront, beaches, marinas, boating, dining and downtown. Originally designed by noted Long Beach architect Kenneth Wing, this estate offers history, extensive remodeling and extraordinary room to expand.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,283 | 1,516.237 |
| Lot Size | 14,827 | 5,828.075 |
| Price | $2.80M | $1.04M |
| Price per sq ft | $654 | $730 |
| Built year | 1956 | 1949 |
| HOA | $0 | $331 |
| Days on market | 13 | 49 |
Oct 12, 2026
$2,799,000
Initial Listing
Jan 20, 2023
$2,000,000
Public Record
May 14, 2013
$1,285,000
Public Record