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721 Big Bend Dr
Score
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Pacifica, CA

721 Big Bend Dr

1.6M
4 bd • 3 ba • 2,710 sf

This analysis was generated on 2/11/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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0:00 / 0:00
List Price

$1,600,000

Price/Sq.Ft

$590

Year Built

1970

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• **Remodeled Kitchen and Bathrooms:** The property features a remodeled kitchen with quartz countertops, travertine backsplash, and honey oak cabinets, as well as remodeled bathrooms with granite countertops and travertine tile. These updates enhance the property's appeal and reduce the need for immediate renovations. • **Desirable Outdoor Space:** The two-level back deck with a retractable awning, porch swing, firepit, hot tub, and artificial turf provides ample space for outdoor relaxation and entertaining. The oversized driveway offers ample parking and RV parking. • **Scenic Views:** The property offers postcard-worthy views of rolling hills, sunrises, and sunsets, providing a tranquil and visually appealing living environment. The Milgard windows enhance the viewing experience. • **Functional Garage:** The two-car garage features custom cabinetry, a built-in workbench, and sleek epoxy flooring, offering a functional and organized space for storage and hobbies. • **Convenient Location:** The property is located minutes from Frontierland (trails, playground, fitness stations, pickleball), Nick's Seafood, and 15 minutes from SFO airport and the city, providing easy access to recreational activities, dining, and transportation.

The Bad

• **High Insurance Costs:** The estimated insurance cost of $5,760 per year is substantially higher than the national average. This is primarily due to the property's location in a high-risk flood zone and moderate fire risk area. This significantly increases the total cost of ownership. • **Price per Square Foot:** At $590.41 per square foot, the property is priced higher than some comparable homes in Pacifica. Researching recent sales of similar properties in the area is crucial to determine if the price is justified by the renovations and features. • **Limited Public Transportation:** Public transportation options in Pacifica are relatively limited compared to other parts of the Bay Area. This may be a disadvantage for those who rely on public transit for commuting or other transportation needs. • **Highway 1 Dependency:** Access to the property and surrounding areas relies heavily on Highway 1, which is prone to closures due to landslides and other issues. This can lead to significant commute delays and impact access to essential services. • **School Ratings:** While the property is located near several schools, the ratings of Ortega Elementary (5/10) and Cabrillo Elementary (6/10) are relatively average. Buyers with young children may want to consider this factor.

The Ugly

• **Extreme Flood Risk (10/10):** The property's location in FEMA Zone X_UNSHADED indicates a high probability of flooding, requiring potentially expensive flood insurance and raising concerns about property damage. This is a critical consideration for potential buyers. • **High Estimated Insurance Cost ($5,760/year):** The combination of flood and fire risks results in significantly higher insurance premiums compared to other areas. This adds a substantial ongoing cost to homeownership. • **Potential for Ongoing Maintenance:** Built in 1970, the property may require ongoing maintenance and potential upgrades to older systems (plumbing, electrical, HVAC). A thorough inspection is essential to identify potential issues and estimate repair costs. • **Air Quality Issues:** The MAJOR air quality risk (6/10) and 11 bad air days per year could impact respiratory health and limit outdoor activities. This may require investments in air purification systems. • **Dependency on Highway 1:** Pacifica's reliance on Highway 1 for access means potential disruptions due to closures caused by landslides, erosion, or accidents. This can significantly impact commute times and access to essential services.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Remodeled Home with Views: This property offers remodeled kitchen and bathrooms, along with desirable vista views, appealing to those who value updated living spaces and scenic surroundings. • Individuals Valuing Outdoor Living: With features like a two-level deck, firepit, hot tub, and artificial turf, this home is ideal for people who prioritize outdoor relaxation and entertaining. The retractable awning provides added comfort and style. • Buyers Prioritizing Proximity to Amenities: Located minutes from Frontierland (trails, playground, fitness stations, pickleball) and a short drive from Nick's Seafood, SFO airport, and the city, the property suits those who appreciate easy access to recreational activities, dining, and transportation. • Individuals with RVs: The oversized driveway offers ample parking, including space for an RV, making this property suitable for those who own or plan to own a recreational vehicle. • Buyers Who Appreciate a Finished Garage: The custom cabinetry, built-in workbench, and epoxy flooring in the garage make it appealing to those who value a well-organized and functional workspace.

Not For

• Buyers Sensitive to Environmental Risks: The EXTREME flood risk (10/10) and MAJOR air quality risk (6/10) may deter those who prioritize living in areas with minimal environmental hazards. The high insurance costs associated with these risks may also be a deterrent. • Buyers on a Strict Budget: With an estimated insurance cost of $5,760 per year and a price per square foot of $590.41, this property may not be suitable for buyers seeking more affordable options in Pacifica. Factoring in potential mortgage payments, property taxes, and maintenance costs, the total cost of ownership could be substantial. • Buyers Requiring Minimal Commute Time: While the property is located 15 minutes from SFO airport and the city, Highway 1 challenges (closures due to landslides, erosion, and accidents) can impact commute times and access to essential services. This may not be ideal for those with inflexible work schedules or frequent travel needs. • Buyers Seeking a Newly Constructed Home: Built in 1970, this home may require ongoing maintenance and potential upgrades compared to newer constructions. Buyers seeking a move-in-ready property with modern amenities may prefer newer options. • Buyers Prioritizing Walkability and Public Transportation: Public transportation options in Pacifica are relatively limited compared to other parts of the Bay Area. While the property is close to Frontierland and Nick's Seafood, it may not be ideal for those who rely on public transit or prefer a highly walkable neighborhood.
Demographics
Area Median Income

$138,381

Property History

Price History
Ownership Timeline
$0Financed
Nov 21, 2016
Randy Lockhart, Jody Denise BordessaRandy Lockhart, Jody Denise Bordessa
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Aug 21, 2002
Randy LockhartRandy Lockhart, Jody Denise Lockhart
Intrafamily Transfer
Non-Arm's Length Transactions
$0Financed
Aug 19, 2002
Randy Lockhart, Jody Denise LockhartRandy Lockhart
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Apr 10, 2001
Randy LockhartRandy Lockhart, Jody Denise Lockhart
Gift Deed
Non-Arm's Length Transactions
$575,000Financed
Mar 28, 2001
William Dennis Carlson, Angeline Caroline CarlsonRandy Lockhart
Grant Deed
Standard Sale (Purchase/Resales)

Property Taxes

$12,451
2024 Tax Assessment
6.9%from previous year
Assessed Value$849,426
Tax Rate1.47%

Sunlight Analysis

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Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

4.3/10
Average

Middle

4.3/10
Average

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$2,410

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,600,000
Price/sqft
$590
Layout
4 bd3 ba
Days on market
31 daysat time of analysis

Stats in the Area

Based on 1 comparable properties nearby

Average Price

$1,600,000

0.0%

Your price is 0.0% below average

Median Price

$1,600,000

0.0%

Based on 1 recent sales

Price per Sq.Ft

$675

12.5%

Your price is 12.5% below average $/sqft

Comparable Properties

9 Barton Place, Pacifica, CA 94044
Price: $1,600,000
Sq.Ft: 2,370
Beds/Baths: 4/3
$/Sq.Ft:
$67514.3%
Sale Date: 10/4/2024

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