525 E Avenida San Juan, San Clemente, CA 92672

Property Description

Owned by the same family since 1972, this is now a trust-owned property and the family has decided to sell it! Located on the ocean-view side of Avenida San Juan, this property will appeal to those with a builder's eye, know-how, and a creative eye for the potential in an ocean-view lot. The dwelling is mostly original. This residence is presently a four bedroom, two and a half bath with commanding ocean views from the living room, family room, dining area, and three of the upper level bedrooms, including the master bedroom, which also has a small balcony. An expansive 23,000 plus square foot canyon lot (approximately 7000 Sq ft usuable pad) makes for a very natural setting on the view side of the residence. There is accrued depreciation and a lot of deferred maintenance on this property. Most dwellings of this type and condition would be razed by a typical buyer in this market. The site has major soil movement and there are several slab cracks. It is located on a very upscale street in the the hills of South East San Clemente, however. It is difficult to estimate the cost to level the dwelling or to cure the soil settling challenges.