
Dillon Beach, CA 94929
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $1,799,000—positioned above the $1,656,312 Fair Market Value. While priced for its premium location, the property offers a proven track record as a successful vacation rental. Featuring an Excellent Condition Rating, this home includes a Tesla solar system, EV charger, and a large hot tub on a private deck. With its sweeping ocean views and flexible, updated floor plan, this is an ideal acquisition for Buy-and-Hold Investors or Second-Home Buyers seeking immediate income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 471 Oceana Drive Subject | $1,799,000* List Price | 3 | 3 | 2,222 | $745 | - |
A 9 Maui Lane Sold | $1,625,000 | 2 | 3 | 2,543 | $639 | 0.0 mi |
B 557 Oceana Drive Pending | $1,500,000 List Price | 3 | 3 | 2,352 | $638 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property has undergone significant recent updates including a modern kitchen with stainless appliances and renovated bathrooms. The systems are highly upgraded with a Tesla solar/battery backup and EV charger. The interior is in excellent, move-in-ready condition, though the exterior deck shows minor surface wear consistent with a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9021, living area = 2222.
The property features rare, sweeping ocean views to the west and picturesque rolling hill views to the east, significantly enhancing its aesthetic appeal and market value.
Equipped with a Tesla solar system, battery backup, and an EV charger, the home provides modern energy efficiency and reliability during potential power outages.
The $1,164 association fee represents a significant recurring carrying cost that may impact the overall affordability and net ROI for some buyers.
Built in 1989, the property may require diligent and specialized ongoing maintenance to mitigate the effects of the salt-air environment typical of Dillon Beach.
Very desirable, recently updated single-level home offering sweeping ocean views and beautiful views of the rolling hills to the east. Perched near the top of the hill in Dillon Beach, this exceptional property is also a highly successful vacation rental managed by 5StarVR.com. The open floor plan is ideal for entertaining and provides a relaxed setting for enjoying the spectacular surroundings. The spacious great room opens onto a huge deck, creating an inviting indoor-outdoor living space with expansive ocean views. The home offers three spacious bedrooms and an office currently used as a forth bedroom, all large enough to accommodate king-sized beds. Three of the bedrooms open directly onto the rear deck to enjoy beautiful ocean views. A full bathroom making it three, was recently added to one of the bedrooms, providing additional convenience and flexibility. The well-proportioned primary suite features a spacious bathroom with a large double vanity, oversized jetted tub, separate shower, and walk-in closet. Modern energy features include a Tesla solar system with battery backup, providing energy efficiency and added peace of mind during power outages, along with an EV charger for convenient electric-vehicle charging at home. An enclosed front courtyard provides a private setting for relaxing in the large hot tub, while a generous laundry room adds to the home's long list of amenities. With its single-level living, spectacular views, recent updates, flexible sleeping accommodations, and proven vacation-rental success, this beautiful Dillon Beach home offers an exceptional opportunity to enjoy the best of coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,222 | 1,586.333 |
| Lot Size | 9,021 | 7,684 |
| Price | $1.80M | $1.09M |
| Price per sq ft | $810 | $759 |
| Built year | 1989 | 1963 |
| HOA | $1164 | $714 |
| Days on market | 14 | 89 |
Aug 26, 2026
$1,799,000
Initial Listing
Nov 2, 2021
$648,290
Public Record
Jun 26, 2020
$929,000
Public Record
Dec 2, 2014
$745,000
Public Record