San Clemente real estate prices over the last several years has really since an increase which is making it harder to find properties for sale under the $500,000 price point. The days are gone where you can find a single family home in this price range leaving only residential condos. There are just a few select places to look in order to find the best deals in San Clemente for under $500,000.
The first place to find the best deals is the Vista Pacifica complex. It wasn't too long ago that you could find a nice one bedroom condo for under $200,000 in this complex. Today, condos currently start $275,000 for a one bedroom unit with 560 square feet. Two bedroom condos are even more expensive and currently start at $389,000 and go up to $409,990. The best deals in this complex are the larger one bedroom units and the 2 bedroom condos that have some kind of an ocean view. When looking at one bedroom condos keep in mind that there are several floor plans that can be quite small. Look for one of the largest floor plans that have 680 square feet and incorporate an open kitchen and living room spaces with an individual bedroom and master bath. The best deals are those located on the second floor that offer vaulted ceilings and outdoor decks. If you can find a well priced two bedroom unit located on the 2nd floor with an ocean view jump at the opportunity as these rarely come on the market for sale.
Another place to look is the Presidential Heights neighborhood. This is a beautiful community that can offer panoramic ocean and golf course views. The days for finding a view property for under $500,000 is long gone but homes still come on the market in the $400,000 range. The floor plans are very well planned with typical living spaces incorporating all the bedrooms located on the 2nd level while living room and kitchen located on the main level. There are two neighborhoods in Presidential Heights commonly known as Presidential Heights I and Presidential Heights II. Homes located on the first community tend to be more desirable and offer the best views. If you have the opportunity to find a view property in the low $500,000 range I would jump on it. These homes really hold there value and are always in demand.