New ‘Pocket’ Listing – My clients get the first chance at this beauty

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New ‘Pocket’ Listing – My clients get the first chance at this beauty

I’ve a single story 3 bedroom, 2 bath 2,000 sqft condo pocket listing with panoramic ocean views. It is actually 2 side by side condos with the wall taken down between them.

The condo has been completely remodeled with a large kitchen with 3 sinks, 2 refrigerators, granite countertops and new high end cabinets.

There are slate floors throughout the living area, all new windows, crown molding and an ‘open’ office converted from a bedroom.

The large patio, with sliding doors and ‘dutch’ doors give a nice indoor/outdoor feel. The ocean view can be seen throughout the condo with the exception of the bedrooms.

This won’t be in the mls for another week or two. So if you’re interested please let me know asap if you’d like to see the property.

3 blocks to the magnificent beaches in front of the award winning Montage Resort.

21692 Ocean Vista offered at $1,470,000

Click Here to see all photos

IMG_0171 SL 13 2012-03-18 12.50.38

21692 Ocean Vista

About Author

Sean McCracken

As the OC Realtor I’ll help you find your special OC Coastal home at that special price. With my hand holding, I’ll take you through the buying process for the minimal amount of pain - Call Me @ 949-290-5317

1 Comment


December 12, 2015 at 8:24 pm

There may be a few large cities in the Midwest that could be vuelrnable, but I am thinking more about the smaller cities and towns. They never joined the real estate boom….it’s just business as usual for real estate. – from chris g (above) WAIT, you are missing something real bigThe midwest did not get the flippers like Phoniex, but much of the middle class did refi cash out I/O ARMS to pay off credit cards and finance a lifestyle way beyond their long term means to pay.Foreclosures and Bankruptcies are very high in the mid west. Home prices are expected to stay flat in nominal dollars for years, but drop in inflation adjusted dollars.I have been searching for cash flow positive rentals in the mid west for the last three years and can’t find any. There are to many newbie investors willing to buy rental prop and rent out at a slight loss to get the tax benefits. Plus, as mortgage rates rise and rents stay flat in the mid west; home prices have to drop even further to get to a cash flow positive situation. And don’t forget that true cash flow positive, must include an allowance for maintenance expenses and normal wear and tear of carpets, appliances, etc.Bottom line. Now is not the time to try to enter the landlord profession. When is a good time? When 10 times sustaniable monthly rent covers 100% of fixed annual expenses, including (mortgage, taxes, repair and replacment of consumable items). Good luck to all.

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