5015 Palmetto Avenue 1, Pacifica, California 94044, Pacifica, - bed, bath
ACTIVE$750,000
5015 Palmetto Avenue 1, Pacifica, California 94044
2Beds
2Baths
1,200Sqft
Lot
Year Built
1973
Close
-
List price
$750K
Original List price
$810K
Price/Sqft
-
HOA
$996
Days on market
-
Sold On
-
MLS number
SN25219316
Home ConditionFair
Features
Excellent View: Ocean
ViewOcean
About this home
Significant Price Reduction!!! Don't miss this opportunity at this price with an ocean view! Enjoy fabulous sunsets and a FULL Ocean view in this lovely 1200 square foot condo. This spacious size is larger than many single-family homes. The end unit location in the complex is Superior, providing privacy. Enjoy this fresh home boasting new laminate floors, fresh paint & a new stove. 1 car garage with lots of storage. HOA includes INSURANCE, garbage, water, sewer, exterior maintenance, common area and exterior landscaping! Be the lucky new owner of this Excellent Value!!!
Nearby schools
4/10
Sunset Ridge Elementary School
Public,•PK-5•0.7mi
6/10
Ortega Elementary School
Public,•K-5•5.0mi
5/10
Franklin Delano Roosevelt Elementary School
Public,•K-8•0.3mi
6/10
Ocean Shore Elementary School
Public,•K-8•0.6mi
6/10
Fernando Rivera Intermediate School
Public,•6-8•1.2mi
6/10
Ingrid B. Lacy Middle School
Public,•6-8•1.4mi
7/10
Vallemar Elementary School
Public,•K-8•3.2mi
7/10
Cabrillo Elementary School
Public,•K-8•4.2mi
/10
Pacifica Independent Home Study
Public,•K-8•5.1mi
/10
Linda Mar Educational Center
Public,•K-8•5.1mi
7/10
Oceana High School
Public,•9-12•1.6mi
7/10
Westmoor High School
Public,•9-12•1.7mi
4/10
Jefferson High School
Public,•9-12•2.9mi
6/10
Terra Nova High School
Public,•9-12•4.7mi
Price History
Date
Event
Price
11/03/25
Price Change
$750,000-4.9%
09/27/25
Price Change
$789,000-2.6%
09/18/25
Listing
$810,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,200 | 1,253 | 40% |
| Lot Size | 0 | 0 | |
| Price | $750K | $905K | 40% |
| Price per square foot | $625 | $705 | 20% |
| Built year | 1973 | 1981 | 20% |
| HOA | $996 | $996 | 50% |
| Days on market | 48 | 160 | 40% |
Condition Rating
Fair
The property, built in 1973, is over 50 years old. While it boasts recent cosmetic updates such as new laminate floors, fresh paint, and a new stove, these are not extensive enough to qualify as a full renovation. The kitchen features dated light wood cabinets, although the countertops appear new and the appliances include a new stove and a stainless steel dishwasher. The living areas have recessed lighting, and bedrooms have new carpet. However, the fireplace surround is dated, and the heating system consists of older baseboard units. No bathroom images were provided, but based on the overall condition, they are likely functional but dated. The property is move-in ready due to the recent updates, but major components and overall style show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Full Ocean Views & Sunsets: The property boasts a full ocean view and offers fabulous sunsets, a highly desirable and premium feature for coastal living.
Significant Price Reduction: A significant price reduction has been applied, presenting an excellent opportunity and potential value for buyers.
Spacious End Unit with Privacy: At 1200 sqft, the condo is spacious, larger than many single-family homes, and its end-unit location provides superior privacy.
Recent Interior Updates: The home features new laminate floors, fresh paint, and a new stove, offering a fresh and move-in ready interior.
Comprehensive HOA Inclusions: The HOA fee covers insurance, garbage, water, sewer, exterior maintenance, common areas, and exterior landscaping, reducing owner's direct expenses.
Cons
High Association Fee: The association fee of $996.0 is substantial and could be a significant ongoing cost for potential buyers.
Older Building Construction: Built in 1973, the building's age, despite recent interior updates, may imply older infrastructure or potential for future common area assessments.
Lack of Mentioned Cooling System: There is no mention of a cooling system (e.g., air conditioning), which could be a drawback for some buyers during warmer periods.