San Clemente Homes For Sale Under $1.5 Million
Posted by Sam Smith on Wednesday, May 31st, 2023 at 11:17am.
I have a client that is coming into town and is looking to buy a home or condo for under $1.5 million. When doing a search this morning it was evident that there were not a lot of quality properties on the market even with this healthy price range. Properties listed between $1 to $1.5 million were predominately single family detached homes spread throughout the Talega, Forster Ranch, Rancho San Clemente and the San Clemente North neighborhoods. There was no one property that really stood out as a great deal in a great neighborhood but more like average to good homes in neighborhoods my client was not interested in living. The Talega area was automatically out due to the conformity of tract style homes that look to similar to neighboring homes combined with the additional Mello Roos tax that is often associated with Talega homes. There were other properties that were located in areas that have seen land slides so I was not comfortable in showing those homes as well.
What's happening in the San Clemente Real Estate market and countrywide is that there is not a lot of inventory of homes on the market. Seller's don't want to sell since many of these owners have locked in very low interest rates and would be forced to pay a lot more in mortgage payments with the higher interest rates when they buy another property. This is essentially what is keeping real estate prices up during a down market is there is still a good amount of people that want to buy combined with a limited number of homes on the market creating stable prices. Is it a good time to buy a home? The answer to this question I believe is YES. Look down the road in two to three years when interest rates will start to come back down, once this happens real estate prices will continue to climb upwards. The key to buying in this market is not to buy properties in less demand and cherry pick the very best properties in the best locations. If these properties are priced correctly expect to have other buyers competing against you for the same property but down the road this will most likely turn out to be a good long term investment. Below are the current San Clemente homes for sale under $1.5 million.
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San Clemente 1064 Calle Del Cerro # 1304
Beautifully upgraded upper-level residence in the highly desirable Vista Pacifica community of Rancho San Clemente. This thoughtfully designed home features a sought-after dual primary suite layout, offering comfort, flexibility, and privacy. Vaulted ceilings and abundant natural light create an open, airy feel throughout the living space, while hardwood flooring and plantation shutters add warmth and character. French doors lead to a private balcony where you can unwind to the soothing sound...$644,900
San Clemente 138 Mira Del Sur
Discover this beautiful home in Shorecliffs Terrace located on a quiet cul-de-sac that truly has it all! This well-maintained property features two spacious dining areas perfect for gatherings, complemented by two generous family rooms for entertaining or cozy evenings. Enjoy tranquility in two serene bedrooms, each boasting ample closet space, along with two beautifully appointed bathrooms. Step into the gourmet kitchen, equipped with Kitchen Aid appliances, including a gas-fired counter-top...$629,000
San Clemente 1052 Calle Del Cerro # 705
COMPLETELY REMODELED!!! ALL NEW FLOORING, WINDOWS, KITCHEN, BATHROOMS, ETC!!! Located in an uniquely private area of Vista Pacifica. Ground-level condominium nestled within the resort-style community of Vista Pacifica, situated in the scenic hills of San Clemente. Serenely positioned alongside a gentle brook, providing tranquil views and the soothing ambiance of flowing water. The community boasts numerous water features such as streams and waterfalls scattered throughout. The unit feature...$612,000
San Clemente 2501 S El Camino Real # 204
Welcome to coastal living in the heart of South San Clemente! This beautifully situated 1 bedroom,1 bath condo offers breathtaking ocean and Catalina Island views with spectacular sunsets enjoyed right from your private balcony. The spacious bedroom comfortably accommodates a king size bed and features ample closet space with convenient access to the bathroom and living area. The bright and inviting living room offers a cozy fireplace for cooler evenings and a large window that welcomes ref...$569,000
San Clemente 1068 Calle Del Cerro # 1506
Situated in the hills of Rancho San Clemente this upper level 1-bedroom, 1-bath condo has been renovated. Enjoy serene views of a peaceful stream and pond with mature tropical landscaping The kitchen has been renovated with white cabinets, Quartz counters and newer appliances (Refrigerator included). All rooms offer high ceilings and recessed lighting. The bedroom is open and features an over sized closet, along with a ceiling fan and en suite bath. The bathroom is renovated with a new vanit...$470,000
San Clemente 1062 Calle Del Cerro #1208
Welcome to 1062 Calle Del Cerro #1208, an opportunity to own in San Clemente at an accessible price point. This upper-level 1 bedroom, 1 bath residence features vaulted ceilings, an open living and dining area, updated flooring, and abundant natural light throughout. The kitchen offers quartz countertops, stainless steel appliances, and a breakfast bar that opens to the main living space. The spacious bedroom includes mirrored closet doors and direct access to the full bath, while in-unit sta...$455,000