659 48th Avenue, San Francisco, CA 94121, San Francisco, 94121 - 3 bed, 2 bath

659 48th Avenue, San Francisco, CA 94121 home-pic-0
ACTIVE$4,995,000
659 48th Avenue, San Francisco, CA 94121
3Beds
2Baths
3,578Sqft
7,916Lot
Year Built
1951
Close
-
List price
$5M
Original List price
-
Price/Sqft
$1,396
HOA
$0
Days on market
-
Sold On
-
MLS number
425034180
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $5.00M(93th), sqft - 3578(89th), beds - 3(50th), baths - 2(47th).

A rare legacy coastal property that will take your breath away.Enjoy panoramic views of the Pacific Ocean,Kelly's Cove, Ocean Beach & Golden Gate Park from every part this stunning coast side compound.The main level of this sensational stand alone residence features an expansive living/dining area,an updated kitchen,2 well-appointed bedrooms and a gorgeous vintage-style bathroom.Dazzling views will make you feel like you are on a permanent vacation!Impressive Western & Southern exposure floods the property with natural light.On the middle floor is a large primary suite, with copious space for a lounge/home office.The extraordinary Ocean Views continue on this level. Adjacent to this is a generous laundry area. Beyond this is a huge multi-functional bonus area. On the ground floor is 2nd flexible space,serving as the perfect home gym.Both of these areas offer significant potential for expansion within the building envelope.The lush backyard features a sunny patio & direct access down to Ocean Beach below.The home sits on 2 lots,offering endless possibilities for future development.Nearby Balboa Village offers an array of world class eateries & cafes. Close proximity to Lands End trail,Sutro Park & the newly opened Sunset Dunes'' make this a true Seaside Sanctuary.

Nearby schools

9/10
Lafayette Elementary School
Public,K-50.7mi
8/10
Alamo Elementary School
Public,K-51.6mi
9/10
Chinese Immersion School At Deavila
Public,K-53.6mi
6/10
San Francisco Public Montessori School
Public,K-54.3mi
1/10
Mission Education Center
Public,K-54.9mi
2/10
Fairmount Elementary School
Public,K-55.2mi
/10
Chinese Education Center
Public,K-55.9mi
8/10
Presidio Middle School
Public,6-81.1mi
9/10
Lawton Alternative Elementary School
Public,K-81.7mi
8/10
Yu (Alice Fong) Elementary School
Public,K-82.5mi
6/10
Rooftop Elementary School
Public,K-83.9mi
9/10
Lilienthal (Claire) Elementary School
Public,K-84.1mi
4/10
Buena Vista/ Horace Mann K-8
Public,K-85.1mi
3/10
San Francisco Community Alternative School
Public,K-85.4mi
3/10
Carmichael (Bessie)/Fec
Public,K-85.6mi
2/10
Revere (Paul) Elementary School
Public,K-85.9mi
7/10
Washington (George) High School
Public,9-121.0mi
7/10
Lincoln (Abraham) High School
Public,9-122.5mi
10/10
Lowell High School
Public,9-123.4mi
7/10
Wallenberg (Raoul) Traditional High School
Public,9-123.5mi
6/10
Academy Of Arts And Sciences
Public,9-123.9mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,9-123.9mi
2/10
Wells (Ida B.) High School
Public,9-124.1mi
3/10
Mission High School
Public,9-124.6mi
8/10
Galileo High School
Public,9-125.0mi
3/10
O'connell (John) High School
Public,9-125.3mi
7/10
Balboa High School
Public,9-125.3mi
2/10
S.F. International High School
Public,9-125.7mi
1/10
Downtown High School
Public,9-125.8mi
2/10
Jordan (June) School For Equity
Public,9-126.0mi
2/10
Marshall (Thurgood) High School
Public,9-126.5mi
5/10
Burton (Phillip And Sala) Academic High School
Public,9-126.9mi

Price History

Date
Event
Price
03/01/25
Price Change
$4,995,000
11/30/21
Sold
$5,000,000
Condition Rating
Good

The property, built in 1951, presents as move-in ready with significant and stylish updates. The kitchen features modern stainless steel appliances, light wood cabinetry, and granite countertops, appearing well-maintained and functional. Both bathrooms have been recently and tastefully renovated with contemporary vanities, subway tiling, glass shower enclosures, and modern fixtures, contradicting the 'vintage-style' description in the text. Hardwood floors are present throughout the main living areas and bedrooms, and light fixtures are modern. While the cosmetic updates are extensive and high-quality, the property's age (1951) and the MLS analysis noting potential older major systems (plumbing, electrical, HVAC) prevent it from reaching an 'Excellent' score, which implies virtually all components are new or extensively renovated within 5 years. The current condition suggests renovations within the last 5-15 years, making it a solid 'Good' with no immediate renovation needs.
Pros & Cons

Pros

Great Schools: Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Panoramic Ocean & Park Views: The property offers unparalleled, breathtaking panoramic views of the Pacific Ocean, Kelly's Cove, Ocean Beach, and Golden Gate Park from nearly every part of the compound.
Exceptional Coastal Location & Access: A rare legacy coastal property boasting direct access to Ocean Beach and immediate proximity to iconic natural landmarks like Lands End trail and Sutro Park.
Significant Expansion & Development Potential: Situated on two lots with multiple flexible bonus areas, providing substantial opportunities for future expansion or potential development within the existing building envelope.
Abundant Natural Light: Impressive Western and Southern exposure ensures the residence is consistently flooded with natural light, enhancing its bright and airy ambiance.
Updated Kitchen & Desirable Local Amenities: Features an updated kitchen and benefits from close proximity to Balboa Village, offering an array of world-class eateries and cafes.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7916, other record lot size in square feet = 4316.
Age of Property & Potential System Upgrades: Built in 1951, the property, despite an updated kitchen, may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) to meet contemporary standards and buyer expectations.
High Entry Price Point: The nearly $5 million asking price positions this property within a highly competitive luxury segment, which may narrow the pool of potential buyers.
Limited Bathroom Count for Size: With 3 bedrooms and over 3,500 sqft, the presence of only two bathrooms might be considered insufficient for some luxury buyers or larger families, potentially necessitating future renovation.

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 housing market trends by state