Purchased for $5.3 million, or roughly $3,139 per square foot, back in 2015, the 1,688-square-foot Stinson Beach home at 13 Walla Vista returned to the market at the end of last year priced at $5.995 million or roughly $3,552 per foot.

Sited on a wide oceanfront lot which first sold for $80,000 in 1979 and was developed the next year, the three-bedroom pad was completely remodeled in 2013 and now features walls of accordion glass doors which open the house to its inner courtyard, dune and beach.

This past Friday, the resale of 13 Walla Vista quietly closed escrow with a $5.65 million contract price. And while that’s not a record for Stinson, either in the absolute or even relatively at $3,347 per square foot (a couple of oceanfront homes on Seadrift Road fetched over $3,500 per foot circa 2016/17), it was 6.6 percent over its 2015 price and represents appreciation of roughly 1.9 percent per year.

Comments from Plugged-In Readers

  1. Posted by Eric Altree

    Nice property, but seems like a big number for house that is not in Seadrift.

    • Posted by Notcom

      It could be yet: give it a few years and it might become a houseboat.

  2. Posted by Sam Walters

    No water view from the house, just a view of the sand. I could dump a load of sand at my house and save 4 million.

Comments are closed.

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