5327 Marina Pacifica Drive N Key19, Long Beach, California 90803, Long Beach, 90803 - 2 bed, 2 bath

5327 Marina Pacifica Drive N Key19, Long Beach, California 90803 home-pic-0
ACTIVE$1,550,000
5327 Marina Pacifica Drive N Key19, Long Beach, California 90803
2Beds
2Baths
1,550Sqft
979,084Lot
Year Built
1974
Close
-
List price
$1.55M
Original List price
$1.79M
Price/Sqft
$1,000
HOA
$695
Days on market
-
Sold On
-
MLS number
RS25101071
Home ConditionGood
Features
Good View: Back Bay, City Lights, Harbor, Marina, Panoramic, Water
ViewBack Bay,City Lights,Harbor,Marina,Panoramic,Water

About this home

We found 3 Cons,5 Pros. Rank: price - $1.55M(98th), sqft - 1550(91th), beds - 2(51th), baths - 2(50th).

Marina Pacifica is the one-of-a-kind premiere condominium home for the discriminating buyer, who wants the best of everything. Nestled along the harbor, offering a mesmerizing view that captivates the senses, this top-floor corner waterfront residence was specifically selected by the original Marina Pacifica architect, as his personal residence. It is the best location & best available unit in the entire 576-unit community. It has been remodeled to the highest European 5-Star standards. This property is most suited as either a LUXURY executive penthouse, or a small family residence. From the studs on up, this unit has been completely rebuilt. The replacement cost today would be over $2.2 Million. There are no actual comps for this property.This 2 bedroom & den 2-bath loft style floor plan offers spectacular, quiet sunsets from your private wrap-around balcony, living room & bedroom, with no views of adjoining neighbors. Entertain in the magnificent gourmet kitchen with state of the art appliances, designer cabinets & counter tops. This magnificent Turnkey property with extended loft is completely remodeled with no expense spared. Great for vacationing with friends and family. A true entertainers home. Sleeps 6 (plus 1 in third-level loft). Boat slips are available at additional rental expense. Gourmet Kitchen: Subzero Refrigerator/Freezer Subzero Wine Refrigerator Subzero 2-Drawer Refrigerator Freezer Wolf Electric Stove Wolf Commercial Exhaust Hood Wolf Food Warmer Wolf Microwave & Oven Wolf Indoor Grill U-Line Bar Refrigerator Miele Dishwasher Double Stainless Steel Sink Potfiller Sink/ Water Purification Custom Decora Cabinetry Designer Bathroom: Extra Large Toto Whirlpool Tub Multi-jet Rain Shower Designer Stone Walls Additional Property Amenities Large Wrap-Around Balcony Ultra-Customized Zone Lighting Throughout 2 Side by Side Parking Spaces Large Garage Storage Cabinets (5) Floor to Ceiling Windows Stainless Steel Bannisters Click VIRTUAL TOUR for different photos, videos and neighborhood information, as well as a comprehensive list of features. Available for sale as a half-share. Ask for details.

Nearby schools

10/10
Naples Elementary School
Public,K-50.7mi
9/10
Lowell Elementary School
Public,K-50.9mi
7/10
Rogers Middle School
Public,6-81.0mi
6/10
Wilson High School
Public,9-122.0mi

Price History

Date
Event
Price
04/06/17
Sold
$750,000
07/14/05
Sold
$685,000
06/27/05
Sold
$625,000
Condition Rating
Good

Although built in 1974, the listing states the unit was remodeled to high European standards from the studs up. The kitchen features high-end appliances like Subzero and Wolf. The bathroom has designer stone walls and a Toto whirlpool tub. The images confirm a modern aesthetic and high-quality finishes throughout. While the building is older, the extensive renovation brings the unit's condition to 'good'.
Pros & Cons

Pros

Waterfront Location: The property boasts a prime waterfront location in Marina Pacifica, offering direct access and views of the harbor.
High-End Remodel: The unit has been completely remodeled to European 5-Star standards, with a replacement cost exceeding $2.2 million, indicating superior quality and design.
Gourmet Kitchen: The property features a state-of-the-art gourmet kitchen equipped with Subzero and Wolf appliances, custom cabinetry, and a pot filler sink.
Panoramic Views: The top-floor corner unit offers spectacular, quiet sunsets and panoramic views of the back bay, city lights, harbor, and marina from the wrap-around balcony, living room, and bedroom.
Unique Loft Layout: The 2-bedroom, 2-bath loft-style floor plan with an extended loft provides a unique and versatile living space, suitable for both luxury executive living and small family residences.

Cons

High Association Fee: The monthly association fee of $695 is relatively high, which could deter some potential buyers.
Boat Slip Rental: Boat slips are available only at an additional rental expense, which may not appeal to buyers seeking included boat storage.
Price Reduction: The property has experienced a price reduction from $1,790,000 to $1,550,000, which might raise concerns about its market value or underlying issues.

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