926 Nolbey St, Cardiff By The Sea, California 92007, Cardiff By The Sea, 92007 - 3 bed, 2 bath
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Cardiff By The Sea, California 92007
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned above the $1,544,830 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 6,534 sqft lot and Peek-A-Boo Ocean Views offer significant upside for vertical expansion or an ADU. Located near Top-Rated Schools like Pacific Trails Middle, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through strategic renovation in a premier coastal neighborhood.
Coastal Cardiff-by-the-Sea home with ocean views and expansion potential. 3BR/2BA on a large lot near top-rated schools. Perfect renovation project for investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 926 Nolbey St Subject | $1,599,000* List Price | 3 | 2 | 1,149 | $1,344 | - |
A 1363 Justin Road Sold | $1,650,000 | 3 | 2 | 1,268 | $1,301 | 0.3 mi |
B 733 Cathy Ln Sold | $1,895,000 | 3 | 2 | 1,423 | $1,332 | 0.4 mi |
C 960 Woodlake Dr Pending | $1,499,000 List Price | 3 | 2 | 1,176 | $1,275 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, the property features highly dated interior finishes, including older linoleum flooring and fixtures that appear to be over 30-40 years old. While the recent roof (2025) and plumbing updates improve the systems, the overall condition of the living spaces requires a full rehab to be competitive with modern standards.
Middle School: Pacific Trails Middle (10/10).
Situated in a highly desirable Cardiff-by-the-Sea neighborhood, the home is within walking distance to top-rated schools and minutes from pristine beaches, surrounded by higher-value homes that protect and enhance investment value.
The spacious 6,534 sqft lot provides significant upside potential, offering ample room to expand the existing footprint, build an ADU, or add a second story to maximize the ocean views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6400.
At just 1,149 square feet, the existing 3-bedroom, 2-bath layout is relatively small for the $1.599M price point, which may necessitate immediate renovation or expansion for some buyers.
Originally built in 1961, the home currently only offers peek-a-boo ocean views rather than full panoramic vistas, requiring further vertical development to fully capture the coastal scenery.
Nestled in one of Cardiff-by-the-Sea’s most desirable neighborhoods, this charming coastal home sits on a spacious lot brimming with opportunity. Peek ocean views, large two-car garage, generous eat-in kitchen, and surrounded by larger, higher-value homes. Whether you envision expanding the existing footprint, adding a second story to capture even more ocean views, or building an ADU, the possibilities are endless. Check comparable recent sales! New roof Spring 2025. Major plumbing updates by Bill Howe this year. Move right in, renovate over time, or create your dream coastal retreat. Rarely does a property with this combination of location, lot size, and upside potential become available in Cardiff-by-the-Sea. Located within walking distance of superior schools (Ada Harris Elementary and San Dieguito Academy) and just minutes from Cardiff’s pristine beaches, local parks, Seaside Market, and a vibrant dining and shopping scene.
No exterior & parking available.
Grades 3-6 • 0.2 mi
Grades K-3 • 0.7 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,149 | 2,472 |
| Lot Size | 6,534 | 7,164.5 |
| Price | $1.60M | $2.92M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1961 | 1986 |
| HOA | $0 | $360 |
| Days on market | 27 | 49 |
Jun 25, 2026
$1,599,000
Initial Listing