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5517 China, Long Beach, California 90803, Long Beach, 90803 - 3 bed, 3 bath

5517 China, Long Beach, California 90803 home-pic-0
ACTIVE$2,225,000
5517 China, Long Beach, California 90803
3Beds
3Baths
2,307Sqft
3,468Lot

Price Vs. Estimate

The estimated value ($2,111,968.315) is $113,031.685 (5%) lower than the list price ($2,225,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unobstructed Water Views & Privacy: The property boasts 60 feet of unobstructed water views, offering maximum privacy and tranquility, a highly desirable feature for waterfront living.
Top Cons:
Ongoing Association Fee: The property incurs a monthly association fee of $270.0, which is an additional recurring cost for ownership.

Compared to the nearby listings

Price:$2.23M vs avg $1.62M (+$600,000)84%
Size:2,307 sqft vs avg 1,888 sqft59%
Price/sqft:$964 vs avg $89767%

More Insights

Built in 1989 (36 years old).
Condition: Built in 1989, this property has undergone significant updates including a remodeled kitchen, new interior paint, and hardwood floors, making it move-in ready. While the kitchen is updated, some bathroom elements, such as the powder room wallpaper and the master bathroom's vessel sinks and vanity lighting, appear to be from an earlier renovation (likely 10-15 years ago) rather than brand new. The overall condition is well-maintained with functional systems, aligning with a 'Good' rating.
Year Built
1989
Close
-
List price
$2.23M
Original List price
$2.38M
Price/Sqft
$964
HOA
$270
Days on market
-
Sold On
-
MLS number
OC25064906
Home ConditionGood
Features
Excellent View: Bay, Harbor, Marina, Panoramic, Water
Deck
Patio
ViewBay, Harbor, Marina, Panoramic, Water

About this home

Nestled in the picturesque community of Spinnaker Bay and one of the original model homes with northeast exposure, 5517 China Point presents an exquisite 60 feet of unobstructed water views with maximum privacy and tranquility. Wake up to breathtaking water views everyday in this idyllic home which boasts vaulted ceilings upstairs and 9 foot ceilings downstairs, a remodeled kitchen, hardwood floors and new interior paint.Consisting of 2,307 square feet of living space on a generous oversized 3,468 square foot lot. The waterfront backyard is a haven for both relaxation and entertainment, with a patio area, drought tolerant landscaping and unobstructed water views.This home is conveniently located within walking distance to all three schools, the Colorado Lagoon, 18 hole golf course, dog Park and Marina Vista Park. Whether you're into boating, kayaking, or simply enjoying the calming influence of the water, this home offers the quintessential waterfront living experience.

Nearby schools

7/10
Mann Elementary School
Public,•K-5•0.6mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.2mi
6/10
Wilson High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
07/22/96
Sold
$145,500
09/18/24
Sold
$775,000
04/04/17
Sold
$585,000
Condition Rating
Good
Built in 1989, this property has undergone significant updates including a remodeled kitchen, new interior paint, and hardwood floors, making it move-in ready. While the kitchen is updated, some bathroom elements, such as the powder room wallpaper and the master bathroom's vessel sinks and vanity lighting, appear to be from an earlier renovation (likely 10-15 years ago) rather than brand new. The overall condition is well-maintained with functional systems, aligning with a 'Good' rating.
Pros & Cons

Pros

Unobstructed Water Views & Privacy: The property boasts 60 feet of unobstructed water views, offering maximum privacy and tranquility, a highly desirable feature for waterfront living.
Prime Waterfront Location & Lifestyle: Nestled in the picturesque Spinnaker Bay community, this home provides a quintessential waterfront living experience, ideal for boating, kayaking, and enjoying the water.
Remodeled Interior Features: The home features a remodeled kitchen, hardwood floors, new interior paint, vaulted ceilings upstairs, and 9-foot ceilings downstairs, indicating modern updates and appealing architectural details.
Excellent Walkability & Local Amenities: Conveniently located within walking distance to three schools, Colorado Lagoon, an 18-hole golf course, dog park, and Marina Vista Park, enhancing lifestyle and accessibility.
Generous Waterfront Backyard: The waterfront backyard is designed for relaxation and entertainment, featuring a patio area, drought-tolerant landscaping, and direct access to unobstructed water views.

Cons

Ongoing Association Fee: The property incurs a monthly association fee of $270.0, which is an additional recurring cost for ownership.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $2.378M to $2.225M, which may suggest initial overpricing or market resistance.
Age of Property (1989 Build): While some interior updates are noted, the 1989 build year suggests that major systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future investment.

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