Home for Sale at 703 Avenida Presidio, San Clemente, CA 92672

703 Avenida Presidio
San Clemente, CA 92672

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Property Details

List Price:	$3,480,000
Beds:	3
Baths:	4
Status:	Active
SqFt:	2757
Agency:	Legacy 15 Real Estate Brokers

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Description/Comments

Lot Size:	10,400 sqft
Property Type:	Residential
Year Built:	2005
Notes:	SPECTACULAR UNOBSTRUCTED OCEAN & CATALINA VIEWS SPANNING 5 CITIES--SINGLE STORY newer built 3 BD 3.5 BATH home with 24 foot CATHEDRAL Ceilings, NO HOA, THREE car garage (with AC) and 10,800 foot lot. TWO primary bedrooms with baths. Clean, contemporary design, privacy, upgrades galore, including all BOSCH kitchen appliances and effortless landscaping. Block and stone frontage on a single loaded street welcome you to a private gated courtyard with patio cover and sculptural centerpiece. The living room entry with sidelites reveals an open floorplan with travertine flooring that spans throughout the home. A custom wet bar with granite counter and wine fridge creates a natural flow from the living room to the light and bright family and dining rooms. The expansive kitchen is outfitted with granite counters, skylights, center island and breakfast bar. Glass sliders open to the spacious rear covered terrace with European style columns, where the lot extends down the hillside. Vinyl fencing on all perimeters and an access gate at the lower cul-de-sac, allowing for potential ADU, boat/RV parking, pool, or multiple other potential luxuries (buyer to perform due diligence re city requirements and codes.) Dedicated laundry in both primary suites. Murphy bed in 3rd bedroom. All baths extensively remodeled. Garage with epoxy coated floors and pet bath. New Roof, HVAC System, Halo Water Filtration System, Interior/Exterior Paint, Tankless Water Heater, Double Pane Crank Windows, Sprinkler System and Smart Control Box. Too many other features to list. The epitome of coastal living with no expense spared. Centrally located in the hills just above historic downtown and the fine dining on Avenida Del Mar, plus the iconic San Clemente Pier and beach trails. Minutes to aquatic center, parks, golf & shops too! Welcome to your perfect ocean view oasis, the essence of coastal living in vibrant San Clemente!
MlsNumber:	OC24035372

Listing Provided By:	Legacy 15 Real Estate Brokers, original listing
Name:	Legacy 15 Real Estate Brokers
Phone:	(949) 709-1300
Office Name:	Legacy 15 Real Estate Brokers
Office Phone:	(949) 709-1300
Agent Name:	Diane Cirignani
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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