71 Patrick Way, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 2 bed, 3 bath
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Half Moon Bay, California 94019
This Turnkey Coastal Condominium represents a High-Potential Investment Opportunity with a List Price of $969,000—positioned well below the $1,102,819 Fair Market Value by 12%. This valuation gap delivers $133,819 in Instant Equity for a property in Move-in Ready Condition. The 1,400 sq. ft. interior features modern hardwood flooring, vaulted ceilings with skylights, and a private deck. Located within the Cabrillo Unified district near local schools, it balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or coastal enthusiasts seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 71 Patrick Way Subject | $969,000* List Price | 2 | 3 | 1,400 | $788 | - |
A 172 Amesport Sold | $795,000 | 2 | 2 | 950 | $837 | 0.7 mi |
B 444 Cypress Avenue Sold | $725,000 | 2 | 2 | 1,028 | $705 | 0.6 mi |
C 52 Amesport Sold | $830,000 | 2 | 2 | 950 | $874 | 0.6 mi |
D 230 Amesport Sold | $790,000 | 2 | 1 | 908 | $870 | 0.6 mi |
E 78 Amesport Active Under Contract | $920,000 List Price | 2 | 3 | 1,215 | $757 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant aesthetic and functional updates. Although built in 1994, the interior features modern hardwood flooring, updated stainless steel appliances (LG and GE), and refreshed cabinetry with contemporary countertops. The bathrooms and light fixtures appear well-maintained and updated, and the overall presentation shows no signs of deferred maintenance, fitting the criteria for a well-maintained home within the 5-15 year renovation window.
The interior is enhanced by vaulted ceilings and multiple skylights in both the kitchen and living areas, creating a bright, open, and airy atmosphere.
The property features highly desirable functional upgrades, including a two-car garage, upper-floor laundry facilities, and a primary suite with a walk-in closet.
Ideally situated within the Cabrillo Unified district, the home is less than half a mile from both the local middle and high schools, offering excellent convenience for families.
The association fee of $762 per month is substantial and may be a deterrent for buyers sensitive to high recurring non-mortgage carrying costs.
With a lot size of only 984 sq. ft. for a 1,400 sq. ft. home, the property offers very limited private yard or outdoor area for gardening and recreation.
Located in Half Moon Bay, this 1,400 sq. ft. home offers 2 bedrooms and 2 full bathrooms pus a half bath within the Cabrillo Unified elementary school district. The kitchen features built-in gas oven range, refrigerator, microwave, dishwasher, garbage disposal, and a breakfast bar with a skylight, seamlessly connected to the family room. Flooring combines hardwood and carpet throughout. The living space includes a gas log fireplace, vaulted ceilings, and additional skylights, enhancing natural light. The primary suite includes a walk-in closet and a bathroom with a stall shower, while the second bathroom features a shower over tub and double sinks. Laundry facilities with washer, dryer, and 220V electric hookup are located on the upper floor. Heating is provided by central forced air gas, with no cooling system installed. The property sits on a 984 sq. ft. lot and includes a two-car garage.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,400 | 1,090 | 60% |
| Lot Size | 984 | - | 80% |
| Price | $969.0K | $795.0K | 80% |
| Price per sq ft | $692 | $692 | 50% |
| Built year | 1994 | 1990 | 80% |
| HOA | $762.0 | $636 | 60% |
| Days on market | 16 | 86 | 20% |
Apr 6, 2026
$969,000
Initial Listing
Dec 18, 2020
$920,000
Public Record
May 4, 2018
$860,000
Public Record