845 Fassler Avenue, Pacifica, California 94044, Pacifica, - bed, bath
ACTIVE$328,624
845 Fassler Avenue, Pacifica, California 94044
2Beds
3Baths
1,472Sqft
Lot
Year Built
2025
Close
-
List price
$329K
Original List price
$329K
Price/Sqft
-
HOA
$437
Days on market
-
Sold On
-
MLS number
ML82012230
Home ConditionExcellent
Features
Excellent View: Canyon, Mountain(s), Ocean, Valley
Deck
Patio
ViewCanyon, Mountain(s), Ocean, Valley
About this home
This is a City of Pacifica Below Market Rate (BMR) home. To obtain additional information and secure a BMR lottery application to purchase the home visit BAAHA's property website - Lottery applications must be submitted by no later than 5:00pm Friday July 25, 2025. For more information and questions regarding the City of Pacifica's BMR Program contact BAAHA at info@myhomegateway.com
Price History
Date
Event
Price
06/24/25
Listing
$328,624
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 43% |
| Baths | 3 | 3 | 50% |
| Square foot | 1,472 | 1,472 | 50% |
| Lot Size | 0 | 0 | |
| Price | $329K | $1.15M | 14% |
| Price per square foot | $223 | $776 | 14% |
| Built year | 2025 | 2025 | 50% |
| HOA | $437 | $437 | 50% |
| Days on market | 134 | 134 | 50% |
Condition Rating
Excellent
This property is listed with a 'Year Built' of 2025, indicating it is a brand new construction. The exterior images showcase a modern townhouse development. As a newly built home, all components, including the kitchen, bathrooms, appliances, and finishes, are expected to be new, meet current quality standards, and have no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
Exceptional Affordability (BMR Program): The property is offered at a significantly reduced price ($328,624) through the City of Pacifica's Below Market Rate (BMR) program, making homeownership accessible in a high-cost area for eligible buyers.
Brand New Construction: Built in 2025, the home offers modern design, new systems, and minimal immediate maintenance, providing peace of mind and contemporary living standards.
Desirable Coastal Location: Situated in Pacifica, the property benefits from a sought-after coastal environment with natural beauty and convenient access to major employment centers in the Bay Area.
Stunning Multi-Directional Views: Features impressive views of the Canyon, Mountains, Ocean, and Valley, significantly enhancing the property's aesthetic appeal and living experience.
Favorable Bathroom Count: With 3 bathrooms for 2 bedrooms, the property offers excellent convenience and functionality, a strong selling point for a townhouse of this size.
Cons
Strict Eligibility and Lottery Process: Purchase is contingent on meeting specific BMR income/asset requirements and successfully navigating a competitive lottery application, limiting broad market access and guaranteeing no purchase.
Significant Monthly Association Fees: The $437.00 monthly association fee adds a considerable recurring cost to homeownership, which could impact the long-term affordability for BMR-eligible buyers.
Resale Restrictions: BMR properties typically come with long-term resale restrictions and appreciation caps, potentially limiting future investment growth and market flexibility compared to market-rate homes.