567 Terrace Avenue, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 3 bed, 2 bath
567 Terrace Avenue
Half Moon Bay, California 94019
Property Price
SUMMARY
Analysis of 567 Terrace Avenue, Half Moon Bay, California 94019 reveals a Fairly Priced Property with a current list price of $1,249,000 aligned with the estimated $1,243,895 Fair Market Value. This represents a stable investment opportunity at market rate. 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 Half Moon Bay 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 567 Terrace Avenue Subject | $1,249,000* List Price | 3 | 2 | 1,640 | $758 | - |
A 1519 Hawser Lane Sold | $1,165,000 | 4 | 2 | 1,600 | $728 | 0.6 mi |
B 423 Casa Del Mar Dr Sold | $1,425,000 | 4 | 2 | 1,640 | $869 | 0.5 mi |
C 1557 Mizzen Lane Active | $1,425,000 List Price | 3 | 2 | 1,752 | $813 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1975, this home is well-maintained but largely original or dated. The kitchen features older wood cabinetry, laminate countertops, and white electric coil appliances. Bathrooms show mid-century styling with older tile work and fixtures. While the property is clean and functional, the presence of popcorn ceilings, older carpeting, and 1970s-era architectural details indicates that no major modern renovations have been performed recently, placing it firmly in the 'fair' category for its age and style.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Ideally situated minutes from downtown shops, restaurants, and scenic coastal trails, offering the perfect balance of convenience and a relaxed beach-town lifestyle.
- Desirable Single-Story Layout
The 1,640-square-foot ranch-style floor plan provides a seamless flow and accessible living, making it highly attractive for families and those seeking long-term comfort.
- Proximity to Schools
Located within walking distance to Half Moon Bay High School and close to intermediate and elementary schools, providing significant value for families with children.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
The kitchen and living areas are described as having 'classic charm,' suggesting that the 1975 interior may require modern updates and customization to meet current buyer tastes.
- Potential for Aging Systems
Built in 1975, the property may require inspections and potential investments into older mechanical, plumbing, or electrical systems common in homes of this era.
About 567 Terrace Avenue
This charming single-story ranch home blends comfort, convenience, and coastal living. Step inside to a warm, welcoming atmosphere with spacious living areas that flow seamlessly with 3 bedrooms, 2 bathrooms, and approximately 1,640 square feet of thoughtfully designed space, this home is perfectly suited for relaxed living and easy entertaining. The kitchen, while lovingly maintained with its classic charm, offers a great space for culinary adventures and the potential for customization to reflect your personal style. Outside, the generous backyard provides plenty of room for outdoor activities or simply unwinding in the fresh coastal air. Ideally located just minutes from local schools, downtown shops and restaurants, and everyday conveniences, you'll enjoy the best of this vibrant community while still having your own private retreat. Highway 92 is nearby, offering a smooth commute, and the areas stunning coastal trails are just moments away, perfect for morning walks, sunset strolls, or weekend bike rides along the coastal trail. 567 Terrace Avenue is representative of Half Moon Bays laid-back coastal residential neighborhoods: comfortable homes, easy access to amenities, and the sound of the ocean just a short drive or ride away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 5,300 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
Half Moon Bay Unified Schools
Alvin S. Hatch Elementary School
Grades K-5 • 0.8 mi
Manuel F. Cunha Intermediate School
Grades 6-8 • 0.8 mi
Half Moon Bay High School
Grades 9-12 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,640 | 2,105 | 26% |
| Lot Size | 5,300 | 7,486.5 | 20% |
| Price | $1.25M | $1.59M | 15% |
| Price per sq ft | $762 | $794 | 41% |
| Built year | 1975 | 1976 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 176 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,249,000
Initial Listing