5812 Spinnaker Bay Drive, Long Beach, California 90803, Long Beach, 90803 - 3 bed, 3 bath

5812 Spinnaker Bay Drive, Long Beach, California 90803 home-pic-0
ACTIVE$2,250,000
5812 Spinnaker Bay Drive, Long Beach, California 90803
3Beds
3Baths
2,265Sqft
3,258Lot

Price Vs. Estimate

The estimated value ($2,025,816.35) is $224,183.65 (9%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Lowell Elementary School (9/10).
Top Cons:
Age of Property / Potential for Updates: Built in 1991, the property is over 30 years old. While well-maintained, some areas or systems may be original or dated, potentially requiring future renovation or modernization beyond the primary bathroom.

Compared to the nearby listings

Price:$2.25M vs avg $1.62M (+$625,000)84%
Size:2,265 sqft vs avg 1,888 sqft59%
Price/sqft:$993 vs avg $89772%

More Insights

Built in 1991 (34 years old).
Condition: Built in 1991, this property is over 30 years old. While the exterior and overall structure appear well-maintained, the interior, particularly the bathrooms, show significant signs of being outdated with tiled countertops, older light fixtures, and dated wallpaper. The living room carpet also appears worn. Although functional, these areas require minor updates and modernization to meet current aesthetic standards. The lack of clear kitchen images suggests it may also be original or similarly dated. The property fits the 'Fair' criteria as it is aged but maintained, with major components functional but showing signs of being outdated, requiring minor updates.
Year Built
1991
Close
-
List price
$2.25M
Original List price
$2.27M
Price/Sqft
$993
HOA
$270
Days on market
-
Sold On
-
MLS number
PW25219947
Home ConditionFair
Features
Excellent View: Bay, Water
Deck
Patio
ViewBay, Water

About this home

With front-row seats to Marine Stadium, this fabulous 3-bedroom, 3-bathroom home with deeded 28’ boat slip offers a lifestyle unlike any other. Spanning 2,265 square feet, this grand residence is a waterside paradise, perfectly positioned to capture breathtaking sunsets and the excitement of world-class events, including the upcoming 2028 Olympic rowing and canoe-sprint competitions. Welcome to the prestigious Spinnaker Bay Community! Unobstructed views and seamless living Upon entering, you'll be captivated by high ceilings and an open, bright floor plan that flows effortlessly toward the water. The kitchen, breakfast nook, and living room all open to the backyard, where you can watch boats drift by and enjoy gorgeous sunset views over the water. Private and spacious upstairs retreat All three bedrooms are located upstairs for maximum privacy. The spacious primary bedroom is a true sanctuary, with its own serene water views of Marine Stadium. The en-suite bathroom features a custom sunken soaking tub and dual vanities for a spa-like experience. The second and third bedrooms are generously sized, and an upstairs laundry room adds convenience to daily life. Unbeatable location and community amenities This home is ideally located for those who love to be active and connected to the community. You'll be within easy reach of: • Dining and shopping: Discover a vibrant array of local restaurants and boutiques. • Recreation: Enjoy a variety of outdoor activities at nearby parks, tennis and pickleball courts, and golf courses. • Local events: Experience the charm of the weekly Farmers Market every Wednesday and summer concerts in the park on Thursday evenings. • Beaches: Head to the nearby beaches for a day of sun and sand. • Easy access: Commuting is a breeze with convenient freeway access. This is more than a home; it's a front-row ticket to a vibrant and beautiful waterfront lifestyle. Welcome home to your little slice of paradise.

Nearby schools

9/10
Lowell Elementary School
Public,K-50.6mi
7/10
Rogers Middle School
Public,6-80.6mi
6/10
Wilson High School
Public,9-121.5mi

Price History

Date
Event
Price
03/17/00
Sold
$585,000
Condition Rating
Fair

Built in 1991, this property is over 30 years old. While the exterior and overall structure appear well-maintained, the interior, particularly the bathrooms, show significant signs of being outdated with tiled countertops, older light fixtures, and dated wallpaper. The living room carpet also appears worn. Although functional, these areas require minor updates and modernization to meet current aesthetic standards. The lack of clear kitchen images suggests it may also be original or similarly dated. The property fits the 'Fair' criteria as it is aged but maintained, with major components functional but showing signs of being outdated, requiring minor updates.
Pros & Cons

Pros

Great Schools: Elementary School: Lowell Elementary School (9/10).
Prime Waterfront Location & Views: Offers front-row, unobstructed views of Marine Stadium, providing breathtaking sunsets and a unique waterside lifestyle, including proximity to the 2028 Olympic rowing and canoe-sprint competitions.
Deeded Boat Slip: Includes a valuable 28-foot deeded boat slip, a highly sought-after amenity for waterfront properties that enhances recreational opportunities and property value.
Desirable Community & Lifestyle: Located in the prestigious Spinnaker Bay Community, offering easy access to dining, shopping, parks, tennis/pickleball courts, golf courses, local events, beaches, and convenient freeway access.
Functional & Private Layout: Features high ceilings, an open and bright floor plan with living areas flowing to the backyard, and all three bedrooms located upstairs for maximum privacy, including a spacious primary suite with water views.
Spa-like Primary Bathroom: The en-suite primary bathroom boasts a custom sunken soaking tub and dual vanities, providing a luxurious and spa-like experience.

Cons

Age of Property / Potential for Updates: Built in 1991, the property is over 30 years old. While well-maintained, some areas or systems may be original or dated, potentially requiring future renovation or modernization beyond the primary bathroom.
Ongoing Association Fees: A monthly association fee of $270 adds to the recurring costs of homeownership, which could be a consideration for budget-conscious buyers.
No Mention of Cooling System: The property description does not specify the presence of an air conditioning or cooling system, which could be a significant comfort factor and potential expense for buyers in Southern California's climate.

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