551 4th Street, Montara, California 94037, Montara, 94037 - 4 bed, 3 bath
Loading property details...
Montara, California 94037
This Spacious Coastal Residence is a Strong Value Opportunity, listed at $1,475,000—positioned well below the $1,578,332 Fair Market Value by 6%. This valuation gap delivers $103,332 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 3, the home features 2,620 square feet of light-filled living space with skylights, hardwood floors, and partial ocean views. Located just 0.15 miles from Farallone View Elementary, the property offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 551 4th Street Subject | $1,475,000* List Price | 4 | 3 | 2,620 | $602 | - |
A 256 6th Street Active | $1,650,000 List Price | 4 | 3 | 2,500 | $660 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974, this home has been well-maintained with renovations to the kitchen and bathrooms that appear to be 15-20 years old. While the white appliances and cabinet styles are dated, the interior is functional and move-in ready with hardwood flooring, recessed lighting, and skylights. The overall condition reflects a high level of care despite the age of the systems and finishes.
With 2,620 square feet of living space priced at $1,475,000, this property offers a highly competitive price-per-square-foot for the Montara area, making it an attractive option for buyers seeking more room for their investment.
The home features an open floor plan complemented by multiple skylights and large windows, creating a bright and airy atmosphere that enhances the overall living experience.
The floor plan includes a primary bedroom on the main level for accessibility, plus a large under-house area suitable for storage or a hobby workshop, providing significant utility for various lifestyle needs.
Built in 1974, the property may require capital improvements or cosmetic updates to meet modern aesthetic standards and energy efficiency expectations.
While the elementary school is very close, the designated middle and high schools are located over six miles away, which may pose a daily commuting challenge for families with older children.
Well maintained, well loved home in a quiet area of Montara. This lovely 4 bedroom, 3 bath home offers loads of natural light and a warm open floor plan. Perfect for entertaining or just spending some quiet time. Several skylights lighten the kitchen living room area and make it even more welcoming. The primary bedroom is on the main floor as well as another bedroom and full bath. Large area under the house can be used for storage or possibly for hobbies. Front yard is landscaped with low maintenance plants. Lots of square footage for the price!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 6.8 mi
Grades 9-12 • 6.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 80% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 2,620 | 1,280 | 80% |
| Lot Size | 5,000 | 6,250 | 40% |
| Price | $1.48M | $1.33M | 60% |
| Price per sq ft | $563 | $1.1K | 20% |
| Built year | 1974 | 1963 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 102 | 20% |
Apr 17, 2026
$1,475,000
Initial Listing
Dec 17, 1999
$80,000
Public Record