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331 Parsons Landing, Long Beach, California 90803, Long Beach, 90803 - 3 bed, 3 bath

331 Parsons Landing, Long Beach, California 90803 home-pic-0
ACTIVE$1,975,000
331 Parsons Landing, Long Beach, California 90803
3Beds
3Baths
2,140Sqft
2,955Lot
Year Built
1990
Close
-
List price
$1.98M
Original List price
$2.3M
Price/Sqft
$923
HOA
$270
Days on market
-
Sold On
-
MLS number
PW25136007
Home ConditionFair
Features
Excellent View: Park/Greenbelt, Water
Deck
Patio
ViewPark/Greenbelt, Water

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.98M(79th), sqft - 2140(58th), beds - 3(50th), baths - 3(50th).

SPINNAKER BAY….one of Long Beach’s finest resort-style communities located in the back bay of the desirable Alamitos Bay area. This corner home features expansive views of the water and lush greenbelt, offering 3 bedrooms, 3 baths plus a valuable 33-foot DEEDED BOAT SLIP!! Inside, you'll find soaring cathedral ceilings and abundant natural light in the spacious living room, complete with a cozy fireplace and an open-concept layout that’s ideal for both entertaining and quiet relaxation. The adjacent dining room flows naturally into the living space, all designed to capture the tranquil outdoor setting. The primary suite is a peaceful retreat, featuring a two-sided fireplace, a private sitting area, and charming water and greenbelt views. Located near California Distinguished Schools, CSULB, and just minutes away from the vibrant 2nd & PCH shopping center, premier boutiques on 2nd Street, excellent dining options, and a variety of water related activities. Truly a must see to appreciate!

Nearby schools

9/10
Lowell Elementary School
Public,•K-5•0.6mi
7/10
Rogers Middle School
Public,•6-8•0.6mi
6/10
Wilson High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
11/08/25
Price Change
$1,975,000-5.8%
09/10/25
Price Change
$2,097,000-4.6%
08/02/25
$2,197,000
06/18/25
$2,300,000
03/16/05
Sold
$932,500
Condition Rating
Fair
The property was built in 1990, making it 34 years old. While appearing well-maintained, the kitchen features light wood, shutter-style cabinetry, granite countertops, and stainless steel appliances that, along with the tile flooring and mirrored dining wall, reflect a dated aesthetic from the 1990s or early 2000s. Similarly, the bathrooms exhibit light wood vanities, tile countertops, and multi-bulb light fixtures consistent with this era. The property is functional and clean, but its finishes and styles are outdated and would require minor updates to align with contemporary standards, fitting the 'Fair' category criteria for properties built over 20 years ago with renovations between 15-30 years ago or no major renovations since construction.
Pros & Cons

Pros

Great Schools: Elementary School: Lowell Elementary School (9/10).
Prime Waterfront Location: Situated in Spinnaker Bay, a highly desirable resort-style community in the back bay of Alamitos Bay, offering an exclusive lifestyle.
Expansive Views: As a corner home, it boasts expansive water and lush greenbelt views from multiple vantage points, including the primary suite.
Deeded Boat Slip: Includes a valuable 33-foot deeded boat slip, a significant and highly sought-after amenity for waterfront living enthusiasts.
Architectural Appeal & Natural Light: Features soaring cathedral ceilings and abundant natural light, creating an open, spacious, and inviting atmosphere.
Excellent Local Amenities: Located minutes from California Distinguished Schools, CSULB, 2nd & PCH shopping center, premier boutiques, dining, and various water activities.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2955, living area = 2140.
Price History: The property has undergone multiple significant price reductions from its original list price of $2.3M to the current $1.975M, potentially indicating an initial overvaluation or extended market time.
Association Fees: A monthly association fee of $270 adds to the recurring cost of homeownership, which potential buyers will need to factor into their budget.
Age of Property: Built in 1990, while well-maintained, the property may require updates to certain systems or finishes to fully align with contemporary luxury standards and buyer expectations.

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