tomo logo

$2,498,000

Beds
3
Baths
2.5
sq ft
2,307

5517 China Pt, Long Beach, CA 90803

5517 China Pt

Long Beach, CA 90803

  • 47 days on market
Welcome to the prestigious waterfront community of Spinnaker Bay, one of Long Beach’s most sought-after neighborhoods. Nestled in a prime location, 5517 China Point is an original model home that showcases stunning architecture and an abundance of natural light, with nearly every room framing breathtaking water views. The home’s unique split-level design welcomes you with rich hardwood floors, vaulted ceilings, and an inviting layout. The living room offers panoramic water views, a cozy fireplace, and an attached deck perfect for soaking in the scenery. The remodeled kitchen features stainless steel appliances, a sleek new backsplash, and more captivating water views. The primary suite serves as a peaceful retreat, offering a spa-like bath, walk-in closets, and more views of the sparkling waterfront. Downstairs, a spacious family room opens to an expansive backyard, boasting over 60 feet of uninterrupted views of the water and marina. Ideal for entertaining, this outdoor oasis features a large patio, seating area, and an unparalleled connection to the surrounding landscape. Two ample sized guest rooms and a full bath complete the lower level, providing comfort and privacy for all. With its proximity to Colorado Lagoon, Marina Vista Park, the weekly farmer’s market, and the vibrant shops and restaurants on 2nd Street, this home truly offers the best of coastal living. Don't miss this exceptional opportunity!

Details

Property type

Single Family Residence

Est. home value

$3,192,578

Property condition

Updated/Remodeled

Lot size

3,468 sq ft

Price per sq ft

$1,083

Year built

1989

Monthly HOA fee

$270

Price History

09/19/2024
CRMLS

CRMLS #OC24175268

Listed
$2,498,000
-5.7%
07/28/2024
CRMLS

CRMLS #OC23189613

Removed
$2,649,000
06/27/2024
CRMLS

CRMLS #OC23189613

Price change
$2,649,000
-4.02%

Schools & Community

Neighborhood: 

Marina Area

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks, Park

High school district: 

Long Beach Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Broker Solutions Inc

Loan start date

November 2020

Original loan amount

$297,500

Est. remaining balance

$229,623

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Lynn D Mccune and The Lynn D Mccune Trust

Lender

First Union Home Equity Bank

Loan start date

December 1999

Original loan amount

$85,000

Est. remaining balance

$31,231

Interest rate

7.84%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Lender

Ditech Funding Corp

Loan start date

April 1999

Original loan amount

$325,500

Est. remaining balance

$100,541

Interest rate

7.06%

Loan type

Not Provided, 30 year

Seller

Lynn D Mccune and Lynn D Mccune Trust

Lender

Ditech Fundin Corp

Loan start date

January 1998

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Stand Alone Second, 25 year

Seller

Lynn Diane Mccune

Lender

Ditech Funding Corp

Loan start date

December 1997

Original loan amount

$289,000

Est. remaining balance

$66,648

Interest rate

7.23%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Lender

Norwest Mtg

Loan start date

April 1997

Original loan amount

$254,000

Est. remaining balance

$47,578

Interest rate

7.65%

Loan type

Not Provided, 30 year

Seller

Lynn Diane Mccune

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$2,350,000
3 bd
|
2.5 ba
|
2,560 sq ft
|
House

331 Salta Verde Pt, Long Beach, CA 90803

CRMLS
$2,200,000
3 bd
|
2 ba
|
2,670 sq ft
|
House

3702 E 1st St, Long Beach, CA 90803

Price drop
CRMLS
$2,475,000
4 bd
|
3 ba
|
2,597 sq ft
|
House

323 Parsons Lndg, Long Beach, CA 90803

Status: Active

Tomo last checked: 11/05/2024 at 1:20 AM

Listing updated: 10/20/2024 at 12:20 PM

Listed by: Sue La Bounty, First Team Real Estate Phone #: (562) 438-3130

MLS: CRMLS #OC24175268

CRMLS logo

Recently listed in Long Beach