54 Bay Drive, Dillon Beach, CA 94929, Dillon Beach, 94929 - 3 bed, 2 bath
54 Bay Drive
Dillon Beach, CA 94929
Property Price
SUMMARY
Analysis of 54 Bay Drive, Dillon Beach, CA 94929 is currently available with a list price of $1,095,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Dillon Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1959, the property is well-maintained and functional, but the kitchen features dated wood cabinets and tile countertops, and the bathrooms show similar older styles. While move-in ready, the finishes and fixtures suggest renovations that are likely 20-40 years old, indicating a need for minor updates to modernize the aesthetic and potentially systems, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Coastal Location
The property boasts an ideal location, just a 5-minute walk to the beach and a short stroll to the village and the landing, offering prime access to Dillon Beach amenities.
- Stunning Ocean & Bay Views
Enjoy breathtaking ocean and bay views from multiple vantage points within the home, significantly enhancing its desirability and value.
- Versatile Dual Living Spaces
Featuring two distinct living areas, including a downstairs unit with a separate entrance and plumbing for a kitchenette, providing excellent potential for rental income, guest quarters, or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1632, other record living area = 1522.
- Age of Property
Built in 1959, the home is over 60 years old, which may imply the need for significant updates to systems (electrical, plumbing), insulation, or general modernization to meet contemporary standards and buyer expectations.
- Sold Below List Price
The property sold for approximately 7.1% below its initial list price, which could suggest market resistance, overpricing, or undisclosed condition issues that impacted its final sale value.
About 54 Bay Drive
Ideally located just a 5 minute walk to the beach, and a short stroll to the village and the landing, this home offers stunning ocean and bay views. With plenty of space for the whole family, it features two distinct living areas. The downstairs area has a separate entrance, one bedroom, a full bath, dining and living spaces, and is even plumbed for a kitchenette. Upstairs, you'll find a spacious living and dining area with fantastic ocean and bay vistas, a well-equipped kitchen, two bedrooms, and a full bath. Outside, there's ample parking, with spots available both in the driveway on Cliff Street and along the private Bay Drive.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 5,401 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,632 | 1,664 | 43% |
| Lot Size | 5,401 | 9,480 | 29% |
| Price | $1.02M | $1.29M | 29% |
| Price per sq ft | $623 | $623 | 50% |
| Built year | 1959 | 1976 | 29% |
| HOA | $0 | $950 | 29% |
| Days on market | 165 | 299 | 43% |
Pricing History
Sold
Nov 10, 2025
$1,017,000
Public Record