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515 S Sierra Ave 119, Solana Beach, California 92075, Solana Beach, 92075 - 2 bed, 3 bath

515 S Sierra Ave 119, Solana Beach, California 92075 home-pic-0
ACTIVE$2,900,000
515 S Sierra Ave 119, Solana Beach, California 92075
2Beds
3Baths
1,375Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Top Cons:
Substantial Monthly HOA Dues: The $800.0 monthly association fee represents a significant ongoing expense, which could impact affordability and buyer interest.

Compared to the nearby listings

Price:$2.90M vs avg $1.57M (+$1,332,500)93%
Size:1,375 sqft vs avg 1,359.5 sqft50%
Price/sqft:$2.1K vs avg $1.2K93%

More Insights

Built in 1975 (50 years old).
Condition: The property, built in 1975, has undergone significant modernization, particularly in the kitchen and main living areas. The kitchen features updated white cabinetry, a grey island with a built-in microwave, modern stainless steel appliances, and contemporary pendant lighting. Throughout the main living spaces and bedrooms, there is consistent, well-maintained light-colored plank flooring and recessed lighting. While the building itself is older, the unit presents as move-in ready with no immediate renovations required. Some elements, such as the entry doors, bedroom ceiling fans, and specific bathroom wallpaper choices, suggest the renovation might not be ultra-recent or comprehensive to every single detail, but the overall condition is well-maintained and updated.
Year Built
1975
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$2,109
HOA
$800
Days on market
-
Sold On
-
MLS number
250044526SD
Home ConditionGood
Features
Excellent View: Bluff, Coastline, Ocean, Panoramic, Water
Deck
ViewBluff, Coastline, Ocean, Panoramic, Water

About this home

Elevated OCEANFRONT location with fantastic Pacific Ocean views. This 2 bedroom 2 & 1/2 bathroom, 1,375 sq. foot condo provides coastal elegance just steps to beach access and close to Solana Beach shops and restaurants. Great single level, open concept floor plan. Primary suite is generous with a bonus office and walk-in closet. Entertain family and friends in the updated kitchen with newer high efficiency appliances designed to blend modern luxury with comfort and style. Walks on the beach, surf, swim, pickleball or tennis followed by a relaxing dip in the pool and spa plus sunsets from your deck. This unit carries a Short Term Rental Permit! Elevated OCEANFRONT location with fantastic Pacific Ocean views. This 2 bedroom 2 & 1/2 bathroom, 1,375 sq. foot condo provides coastal elegance just steps to beach access and close to Solana Beach shops and restaurants. Great single level, open concept floor plan. Primary suite is generous with a bonus office and walk-in closet. Entertain family and friends in the updated kitchen with newer high efficiency appliances designed to blend modern luxury with comfort and style. Walks on the beach, surf, swim, pickleball or tennis followed by a relaxing dip in the pool and spa plus sunsets from your deck. This unit carries a Short Term Rental Permit!

Nearby schools

8/10
Skyline Elementary School
Public,•K-6•0.9mi
10/10
Solana Vista Elementary School
Public,•K-3•1.8mi
8/10
Earl Warren Middle School
Public,•7-8•0.9mi
10/10
Pacific Trails Middle
Public,•7-8•5.3mi
9/10
Torrey Pines High School
Public,•9-12•3.4mi

Price History

Date
Event
Price
05/03/01
Sold
$295,000
04/09/24
Sold
$2,700,000
Condition Rating
Good
The property, built in 1975, has undergone significant modernization, particularly in the kitchen and main living areas. The kitchen features updated white cabinetry, a grey island with a built-in microwave, modern stainless steel appliances, and contemporary pendant lighting. Throughout the main living spaces and bedrooms, there is consistent, well-maintained light-colored plank flooring and recessed lighting. While the building itself is older, the unit presents as move-in ready with no immediate renovations required. Some elements, such as the entry doors, bedroom ceiling fans, and specific bathroom wallpaper choices, suggest the renovation might not be ultra-recent or comprehensive to every single detail, but the overall condition is well-maintained and updated.
Pros & Cons

Pros

Great Schools: Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Prime Oceanfront Location & Panoramic Views: Elevated oceanfront position offering fantastic, panoramic Pacific Ocean, coastline, and bluff views, coupled with immediate beach access.
Lucrative Short-Term Rental Potential: The property holds a Short Term Rental Permit, providing significant income-generating opportunities for investors or flexible usage for owners.
Modernized Interior & Functional Layout: Features an updated kitchen with high-efficiency appliances, a generous primary suite with a bonus office and walk-in closet, and a desirable single-level, open-concept floor plan.
Resort-Style Community Amenities: Access to a range of lifestyle amenities including a pool, spa, pickleball, and tennis courts, complementing the direct beach access and proximity to Solana Beach shops and restaurants.
Top-Tier School District: Located within a highly-rated school district, with multiple elementary, middle, and high schools boasting ratings of 8-10, appealing to families.

Cons

Substantial Monthly HOA Dues: The $800.0 monthly association fee represents a significant ongoing expense, which could impact affordability and buyer interest.
Age of Building: Constructed in 1975, the building is nearly 50 years old. While the unit is updated, the age of the overall structure may lead to higher maintenance costs or less modern infrastructure compared to newer developments.
Premium Price Point: Listed at $2,900,000, this property commands a very high price for a 2-bedroom condominium, potentially narrowing the pool of prospective buyers.

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