508 Avenida Victoria, San Clemente, California 92672, San Clemente, 92672 - 6 bed, 7 bath

508 Avenida Victoria, San Clemente, California 92672 home-pic-0
ACTIVE$5,695,000
508 Avenida Victoria, San Clemente, California 92672
6Beds
7Baths
4,752Sqft
4,356Lot
Year Built
2020
Close
-
List price
$5.7M
Original List price
$6M
Price/Sqft
$1,198
HOA
-
Days on market
-
Sold On
-
MLS number
NP24218068
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Ocean, Panoramic, Pier
Deck
Patio
ViewCity Lights,Hills,Ocean,Panoramic,Pier

About this home

We found 3 Cons,5 Pros. Rank: price - $5.70M(93th), sqft - 4752(90th), beds - 6(93th), baths - 7(93th).

Completed in 2020, this exceptional duplex property presents a rare opportunity to embrace the finest in California coastal living. Located in the coveted San Clemente Pier Bowl, the residence is just moments from the iconic San Clemente Pier and Avenida Del Mar’s vibrant shopping and dining scene. Blending a premier location with exceptional privacy, the property offers two distinct living spaces: an owner's unit and a permitted short-term rental unit with a separate entrance, making it ideal for multi-generational living, rental income opportunities, or hosting guests. The owner’s unit spans approximately 2,861 square feet and features entry-level access from a secure courtyard and a 4.5-car garage, with a foyer and private hydraulic elevator leading to the main living areas. The second level showcases a gourmet chef’s kitchen outfitted with Thermador appliances, a 6-burner stove, double oven, Sub-Zero refrigerator, walk-in pantry, and breakfast bar, opening to a dining room with a private outdoor deck, a family room, and a luxurious primary suite with a walk-in closet and spa-inspired bathroom. This level also includes a second bedroom and full bathroom. The third floor offers an additional ensuite bedroom with a walk-in closet, a second family room, a laundry room, and a massive covered outdoor deck with white-water and pier views, complete with outdoor heaters for year-round enjoyment. The secondary residence, a permitted single-level unit above the garage, is accessed via a stone staircase leading to a covered front patio. This approximately 1,891-square-foot, single-level unit features an open-concept kitchen with an oversized island, quartz countertops, and a sea-glass backsplash, along with three ensuite bedrooms, including a primary suite with a walk-in closet and direct yard access. A powder room, laundry area, and a spacious dining area complete this flexible rental unit. Additional property highlights include a massive 8.5-car garage, divided into 4.5-car and 4-car configurations, as well as a soft-water filtration system. Both residences feature luxurious details throughout, redefining beachside living in one of California’s most sought-after coastal locations.

Condition Rating
Excellent

This property was completed in 2020, making it virtually brand new. The description highlights 'luxurious details throughout,' including gourmet chef's kitchens with high-end Thermador and Sub-Zero appliances, quartz countertops, and 'spa-inspired' bathrooms. All systems and finishes are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Pros & Cons

Pros

Premier Coastal Location & Views: Situated in the coveted San Clemente Pier Bowl, moments from the iconic Pier and Avenida Del Mar, offering exceptional white-water, pier, ocean, panoramic, and city lights views.
Income-Generating Duplex with STR Permit: Features two distinct living spaces, including a permitted short-term rental unit, providing significant potential for rental income, multi-generational living, or guest accommodation.
New Construction & Luxury Finishes: Completed in 2020 with luxurious details throughout, including a gourmet chef’s kitchen with Thermador and Sub-Zero appliances, spa-inspired bathrooms, and high-end materials.
Exceptional Amenities & Accessibility: Equipped with a private hydraulic elevator, a massive 8.5-car garage, a soft-water filtration system, and covered outdoor decks with heaters for year-round enjoyment.
Spacious & Flexible Living: Boasts a total of 4,752 sqft across two units with 6 beds and 7 baths, offering ample space, multiple family rooms, and open-concept designs for versatile living arrangements.

Cons

High Investment Threshold: The premium list price of $5.695M, even after a reduction, positions the property in a very exclusive market segment, potentially limiting the pool of prospective buyers.
Limited Traditional Outdoor Space: Despite multiple decks, the relatively small 4,356 sqft lot size suggests minimal traditional yard space, which may not appeal to buyers seeking extensive private outdoor areas.
Ongoing Management for Rental Unit: While offering income potential, the permitted short-term rental unit requires continuous management, marketing, and upkeep, which could be a significant responsibility for an owner not seeking active landlord duties.

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