9120 Balboa Avenue 12, San Simeon, California 93452, San Simeon, 93452 - 2 bed, 2 bath

9120 Balboa Avenue 12
San Simeon, California 93452
Property Price
SUMMARY
Analysis of 9120 Balboa Avenue 12, San Simeon, California 93452 is currently available with a list price of $825,000. 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 San Simeon 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this condo is largely in its original condition and shows significant signs of being outdated. The kitchen features older oak-style cabinetry, laminate countertops, and dated white appliances, while the bathrooms retain original 1980s vanities and fixtures. The presence of older carpeting, baseboard heating, and fluorescent box lighting, combined with the listing's own mention of 'renovation potential,' places it firmly in the fair category as a functional but aged property requiring modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just steps from the Pacific Ocean in the exclusive Seagate Court, this property offers immediate access to Pico Creek Beach and is minutes from the cultural attractions of Hearst Castle and Cambria.
- Exceptional Ocean Views
The private patio provides expansive, unobstructed views of the Pacific horizon, a high-value feature that significantly enhances the coastal living experience.
- Functional Single-Level Layout
The 1,125-square-foot open floor plan features a desirable single-level design with an oversized primary suite, walk-in closet, and natural light-enhancing skylights.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
Built in 1980 and marketed with 'renovation potential,' the condo likely requires a significant capital investment to modernize the interior finishes and fixtures.
- Market Pricing Adjustment
A recent price reduction from the original listing suggests the property may have faced initial challenges with market absorption at its previous price point.
About 9120 Balboa Avenue 12
Discover coastal living at its finest in this charming single-level condo nestled within the exclusive Seagate Court complex. Just steps from the Pacific Ocean, this delightful retreat offers the perfect blend of comfort and convenience that makes every day feel like a vacation. The open floor plan creates an inviting atmosphere where natural light dances through the living spaces, while a cozy fireplace anchors the main area for those perfect California evenings. Step onto your private patio to savor stunning ocean views that stretch endlessly toward the horizon. The thoughtfully designed layout features two comfortable bedrooms and two full bathrooms. The oversized primary bedroom provides a peaceful sanctuary complete with a generous walk-in closet, while the guest bathroom boasts a charming skylight that bathes the space in natural illumination. The iconic Hearst Castle sits nearby, offering cultural enrichment and historical grandeur. The quaint village of Cambria awaits just minutes away, while Pico Creek Beach provides additional coastal recreation opportunities. This 1,125-square-foot condo represents an exceptional opportunity to own a piece of California's spectacular Central Coast, where renovation potential meets unparalleled natural beauty.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 1,125 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,125 | 1,173 | 25% |
| Lot Size | 1,125 | 1,173 | 25% |
| Price | $825.0K | $622.9K | 75% |
| Price per sq ft | $733 | $501 | 75% |
| Built year | 1980 | 1985 | 25% |
| HOA | $310.0 | $290 | 50% |
| Days on market | 136 | 175 | 25% |
Pricing History
Listed for Sale
Feb 26, 2026
$825,000
Initial Listing
Price Change
Oct 22, 2025
$845,000
Initial Listing
Sold
Nov 17, 1994
$161,000
Public Record































