1263 Reservoir Road, Pescadero, California 94060, Pescadero, - bed, bath

home-pic
ACTIVE$2,800,000
1263 Reservoir Road, Pescadero, California 94060
3Beds
2Baths
2,000Sqft
76,230Lot
Year Built
1950
Close
-
List price
$2.8M
Original List price
$3.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82009102
Home ConditionFair
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Imagine waking up to the stunning expanse of the Pacific Ocean right outside your window. This is more than just another listing. it's a rare opportunity to own a piece of coastal paradise. Situated on 1.75 acres of pristine land, this property offers both unobstructed ocean views and a range of compelling features that truly set it apart. Perfect for those envisioning a family compound or looking to invest in a property with substantial potential income, this estate seamlessly combines luxury living with practical benefits. The main and guest houses allow flexibility, whether you're hosting family and friends or leveraging the thriving short-term rental market. The guest house alone brings in about $80,000 annually, providing a substantial return on investment. Key Features and Amenities: Main house and guest house with dedicated spaces for comfort and hospitality. Two-car garage, offering convenience and ample storage. Panoramic ocean views complimented by spectacular sunsets from your front yard. Proximity to Pescadero Beach and Pescadero Marsh, ideal for nature lovers. Just two miles from downtown Pescadero, famous for its quaint shops and charming local culture.

Price History

Date
Event
Price
09/13/25
Price Change
$2,800,000-11.1%
09/06/25
Price Change
$3,150,000
05/30/25
Listing
$3,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds33
50%
Baths21
75%
Square foot2,0001,245
75%
Lot Size76,23061,376
50%
Price$2.8M$1.36M
75%
Price per square foot$1,400$1,116.5
75%
Built year19509625965
100%
HOA
Days on market159149
50%
Condition Rating
Fair

The property, built in 1950, is well-maintained and appears move-in ready. However, the kitchen features painted cabinets, basic dark countertops, dated track lighting, and vinyl/linoleum flooring, suggesting a renovation that is likely 15-30 years old rather than recent. While appliances are stainless steel, the overall kitchen aesthetic is outdated. Other areas show good hardwood flooring and fresh paint, but some light fixtures are also dated. The lack of visible bathroom images prevents a full assessment of those key areas, but based on the kitchen and general age, the property requires minor updates to meet current aesthetic standards.
Pros & Cons

Pros

Panoramic Ocean Views: The property boasts unobstructed panoramic ocean views and spectacular sunsets from the front yard, offering a highly desirable coastal living experience.
Significant Income Potential: The guest house alone generates approximately $80,000 annually, providing a substantial return on investment and a strong financial benefit.
Dual Living & Family Compound Potential: Featuring both a main house and a guest house, the property offers excellent flexibility for multi-generational living, hosting, or continued short-term rental income.
Expansive Acreage: Situated on 1.75 acres of pristine land, the property provides ample space, privacy, and a sense of seclusion.
Desirable Coastal Location: Its proximity to Pescadero Beach, Pescadero Marsh, and downtown Pescadero offers convenient access to nature and charming local amenities.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $3.5M to $2.8M, which may suggest previous overpricing or challenges in attracting buyers.
Age of Property: Built in 1950, the main residence may require updates to systems, infrastructure, or aesthetics to meet modern buyer expectations, which is not detailed in the description.
Limited Main House Details: While the guest house income is highlighted, the description lacks specific details regarding recent renovations or the current condition of the main house, potentially raising questions for buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State