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1112 Palmetto Avenue

Pacifica, CA 94044
  • $299,900
  • STATUS: Active
  • ON SITE: 518 Days
  • ID#: ML81860775
UPDATED: 61 min ago
$299,900
  • 2
    BEDS
  • 0.84
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,170
    SQFT
  • $256
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:

School Ratings & Info

School District:
Listing Agent(s): Datta Khalsa of Main Street Realtors (831-462-4000)


Description

Unique oceanfront house with commercial zoning, tucked behind a high gate. Red Tagged due to 35' of bluff loss in 2016 with estimated costs of required remediation exceeding $2.5 Million before property can be re-occupied, and city is requiring commercial use due to non-conforming residential use going dormant. Due to economies of scale, would ideally be purchased with the adjacent 25,000 SF commercial food production facility at 1080 Palmetto, listed separately for $3.5 Million. The house could be repurposed as a restaurant or tasting room featuring goods produced at the food production facility. Others may choose to tear down for complete redevelopment as hotel or resort if purchased with the bluff-front listings at1050 and 1070 Palmetto, also currently on the market for $1.35M and $1.5M, for combined total 2+/- acres bluff-front opportunity. Zoning may allow for redevelopment as mixed-use commercial with residential, visitor services, restaurant, automotive, and/or hospitality.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-02T22:29:46.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
www.findyosemiteareahomes.com/homes/121005574
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1112 Palmetto Avenue Pacifica, CA 94044

  • Price: $299,900
  • Status: Active
  • On Site: 518 Days
  • Updated: 61 min ago
  • ID#: ML81860775
2
Beds
1
Baths
0
½ Baths
0.84
Acres
1,170
SQFT
$256
$/SQFT
1950
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
Property Description
Unique oceanfront house with commercial zoning, tucked behind a high gate. Red Tagged due to 35' of bluff loss in 2016 with estimated costs of required remediation exceeding $2.5 Million before property can be re-occupied, and city is requiring commercial use due to non-conforming residential use going dormant. Due to economies of scale, would ideally be purchased with the adjacent 25,000 SF commercial food production facility at 1080 Palmetto, listed separately for $3.5 Million. The house could be repurposed as a restaurant or tasting room featuring goods produced at the food production facility. Others may choose to tear down for complete redevelopment as hotel or resort if purchased with the bluff-front listings at1050 and 1070 Palmetto, also currently on the market for $1.35M and $1.5M, for combined total 2+/- acres bluff-front opportunity. Zoning may allow for redevelopment as mixed-use commercial with residential, visitor services, restaurant, automotive, and/or hospitality.
Exterior Features

Architectural Style Cape Cod Attached Garage YN No Carport Spaces 1 Carport YN Yes Direction Faces West Fencing Chain LinkWood Foundation Details Concrete Perimeter Lot Features Level Parking Features CoveredCarportGuestGatedOff StreetUncovered Parking Total 2 Property Attached YN No Roof CompositionShingle View OceanWater View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace YN No Flooring TileWood Heating Electric Heating YN Yes

Property Features

Association YN No Garage YN Yes Laundry Features Outside Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Possession Close Of Escrow Property Condition Fixer Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning C30000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-02-02T22:29:46.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Concierge Real Estate Services, Inc.. Licensed in the State of California, USA.
 
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Concierge Real Estate Services, Inc.
4989 California 140
Mariposa CA, 95338
Listing Agent(s): Datta Khalsa of Main Street Realtors (831-462-4000)