5978 Moonstone Beach Drive, Cambria, California 93428, Cambria, 93428 - 1 bed, 1 bath
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5978 Moonstone Beach Drive
Cambria, California 93428
ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
480Sq Ft
6,432Lot Size
Property Price
LIST PRICE$1,850,000
SUMMARY
Analysis of 5978 Moonstone Beach Drive, Cambria, California 93428 is currently available with a list price of $1,850,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Cambria Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1959 (65 years old) with no mention of renovations, this 480 sqft cottage is explicitly marketed as a 'fixer upper' or a lot to 'build your new dream home.' The property value is concentrated in the land and panoramic ocean views rather than the aged structure.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated on the prestigious Moonstone Beach Drive, this property offers unblockable panoramic ocean views and immediate access to the beach and boardwalk.
- Development Potential
The oversized 6,432 sqft level corner double lot provides a rare opportunity to build a custom dream home in a highly sought-after area where land is scarce.
- Exceptional Views
The property boasts stunning, unobstructed views of the coastline, mountains, and sunsets, ensuring long-term value and aesthetic appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6432, other record lot size in square feet = 3000.
- Significant Renovation Required
The existing 480 sqft structure is a fixer-upper in original 1959 condition, likely requiring a complete remodel or teardown to meet modern living standards.
- High Entry Cost for Size
With a list price of $1.85 million for a one-bedroom cottage, the investment is primarily in the land, necessitating substantial additional capital for development.
About 5978 Moonstone Beach Drive
The Corner Cottage at Moonstone Beach Drive. Panoramic Unblockable Ocean Views. A Perfect Fixer Upper Opportunity or Build Your New Cambria Dream Home on this oversize level corner double lot (+-6432sqft). Step out your front door to the beach and boardwalk. A short walk to Moonstone Beach restaurants and Leffingwell Landing. Sunsets at the Beach every evening. A Rare Offering on much sought after Moonstone Beach Drive. Call your Realtor Today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,432 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.7 |
| Square foot | 480 | 1,745.026 |
| Lot Size | 6,432 | 5,271.538 |
| Price | $1.85M | $1.14M |
| Price per sq ft | $3.9K | $720 |
| Built year | 1959 | 1982 |
| HOA | $0 | $0 |
| Days on market | 22 | 56 |
Pricing History
Listed for Sale
Aug 18, 2026
$1,850,000
Initial Listing