459 Oceana Drive, Dillon Beach, CA 94929, Dillon Beach, 94929 - 4 bed, 4 bath
ACTIVE$2,225,000$2,947/sqft
Est. Value: $2,086,825
-6%
AboveEstimate
459 Oceana Drive, Dillon Beach, CA 94929
4Beds
4Baths
2,947Sqft
9,601Lot
Price Vs. Estimate
The estimated value ($2,086,824.58) is $138,175.42 (6%) lower than the list price ($2,225,000). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Coastal Views: The property boasts fantastic, unobstructed views of the ocean, Tomales Point, and Bodega Head, enhanced by its hilltop location.
Top Cons:
Substantial Association Fees: The property incurs a significant association fee of $909, adding to the recurring ownership costs.
Compared to the nearby listings
Price:$2.23M vs avg $1.29M (+$937,500)89%
Size:2,947 sqft vs avg 1,664 sqft78%
Price/sqft:$755 vs avg $74356%
More Insights
Built in 1996 (30 years old).
Condition: Built in 1996, this property is well-maintained and move-in ready. The kitchen features modern stainless steel appliances, white shaker-style cabinets, and granite countertops, though the mosaic backsplash is a bit dated. Bathrooms are clean and functional, with some elements like glass block showers and mosaic borders showing signs of a renovation from 15-20 years ago, rather than a recent update. Flooring (tile and carpet) and overall interior appear in good condition with minimal wear and tear, suitable for its use as a popular vacation rental.
Year Built
1996
Close
-
List price
$2.23M
Original List price
-
Price/Sqft
$755
HOA
$909
Days on market
-
Sold On
-
MLS number
325094516
Home ConditionGood
Features
Excellent View:
Deck
Spa
View-
About this home
Popular vacation rental ready for a new owner! 4 bed. 4 bath, 2947sf on large lot with fantastic views! Perched at the top of the hill, three decks, one with hot tub, what a place to relax! Listen to the ocean, look at the ocean, Tomales Point, and Bodega Head! Great room on one level, primary bed and bath on another, family room on mid level.
E
Ellen Lesher
Listing Agent
Price History
Date
Event
Price
04/12/94
Sold
$192,000
11/22/19
Sold
$1,475,000
01/15/14
Sold
$895,000
03/14/13
Sold
$840,000
Condition Rating
Good
Built in 1996, this property is well-maintained and move-in ready. The kitchen features modern stainless steel appliances, white shaker-style cabinets, and granite countertops, though the mosaic backsplash is a bit dated. Bathrooms are clean and functional, with some elements like glass block showers and mosaic borders showing signs of a renovation from 15-20 years ago, rather than a recent update. Flooring (tile and carpet) and overall interior appear in good condition with minimal wear and tear, suitable for its use as a popular vacation rental.
Pros & Cons
Pros
Panoramic Coastal Views: The property boasts fantastic, unobstructed views of the ocean, Tomales Point, and Bodega Head, enhanced by its hilltop location.
Proven Income-Generating Asset: Currently a popular vacation rental, offering immediate revenue potential for a new owner.
Generous Living Space & Layout: With 4 bedrooms, 4 bathrooms, and 2947 sqft across multiple levels, including a great room and family room, it provides ample space and a versatile floor plan.
Enhanced Outdoor Amenities: Features three decks, one equipped with a hot tub, providing multiple spaces for relaxation and enjoying the coastal environment.
Relatively Modern Construction: Built in 1996, the property benefits from more contemporary construction standards compared to older coastal homes.
Cons
Substantial Association Fees: The property incurs a significant association fee of $909, adding to the recurring ownership costs.
Aggressive Price Point: The current list price of $2.225M represents a considerable increase from previous sales, necessitating thorough market analysis to justify its value to potential buyers.
Potential for Vacation Rental Wear & Tear: As a popular vacation rental, the property may have experienced higher usage and potential wear and tear, which could require ongoing maintenance or future updates.