We had mentioned this one a few weeks back as we thought it was a great opportunity.  Clearly so did others as the home that was listed at $2,699,000 sold quickly at $3,075,607.

The home was listed by John Briscoe of Re/Max Estate Properties and we thought it was a great opportunity to fix up or build new.  Normally homes on the east side of the street don’t have views but this one was very different. 

Built in 1955 and pretty much looking like a house built in 1955 it’s all about potential and location.  

Although it’s on the east side (not the ocean side) of Paseo De La Playa it sits right at the base so it offers some big views down the coastline and of the ocean.

Although it’s clean and appears to be in good shape, the home is definitely either a big remodel project or the site of future new construction.