106 Calle Corea, Pismo Beach, California 93449, Pismo Beach, 93449 - 3 bed, 3 bath

106 Calle Corea, Pismo Beach, California 93449 home-pic-0

106 Calle Corea

Pismo Beach, California 93449

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,190Sq Ft
4,000Lot Size

Property Price

LIST PRICE$1,550,000
EST. MARKET VALUE
$1,749,615
11% BelowMARKET VALUE

SUMMARY

Analysis of 106 Calle Corea, Pismo Beach, California 93449 reveals a Prime Investment Opportunity with a current list price of $1,550,000—significantly undercutting the $1,749,615 Fair Market Value by 11%. This valuation gap indicates a +$199,615 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Pismo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,749,615 +$199,615 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pismo Beach.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition and appears exceptionally well-maintained. Although built in 1989, the home features several key updates including a kitchen with granite countertops and stainless steel appliances, recessed lighting, and modern drought-tolerant landscaping with paver patios. While some architectural elements like the black-tiled fireplace and multi-level floor plan reflect its original era, the overall quality, cleanliness, and functional systems place it firmly in the 'good' category rather than 'fair'.

PROSSTRENGTHS & OPPORTUNITIES

  • Unobstructed Panoramic Views

    Positioned with a protected greenbelt in front, the home offers permanent, sweeping ocean views from Avila Beach to Point Sal, a rare and highly valuable asset.

  • Exclusive Gated Community

    Located in the prestigious Spyglass Ridge Villas, the property provides the security and prestige of a gated enclave with a notably low HOA fee of $148.

  • Superior Privacy

    The absence of rear neighbors combined with hillside positioning and drought-tolerant landscaping creates a secluded, serene outdoor oasis for residents.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2190, other record living area = 2011.

  • Multi-Level Layout

    The multi-level design, while maximizing views, may be a drawback for buyers with mobility concerns or those seeking the convenience of single-level living.

  • Dated Architectural Elements

    Constructed in 1989, certain features like the black-tiled fireplace and overall floor plan may require cosmetic updates to align with modern luxury trends.

About 106 Calle Corea

Breathtaking Ocean-View Retreat in Spyglass Ridge Villas Welcome to 106 Calle Corea, an elegant coastal sanctuary tucked inside the exclusive, gated Spyglass Ridge Villas of Pismo Beach. Perfectly positioned with a protected greenbelt in front, this home offers unobstructed panoramic ocean views stretching from Avila Beach to Point Sal—a daily backdrop of rolling waves, passing whales, cool sea breezes, and spectacular holiday fireworks enjoyed from your own balcony. This beautifully designed 3-bedroom, 3-bath residence features a thoughtfully planned multi-level layout that maximizes natural light and scenery. The inviting living room showcases a cozy fireplace and private view balcony, while the formal dining room—with tray ceiling and chandelier—creates an ideal setting for gatherings and celebrations. The gourmet kitchen is both stylish and functional, offering granite countertops, stainless steel appliances, custom cabinetry, and a charming breakfast nook that opens to another ocean-view balcony. A dedicated laundry room with walk-in pantry adds everyday convenience. Upstairs, skylights illuminate the landing leading to two private suites. The guest suite enjoys hillside and ocean views, a generous closet, and a full bath. The primary suite is a true retreat, featuring expansive Pacific vistas, a striking black-tiled fireplace, dual closets, and a spa-inspired ensuite with soaking tub, walk-in shower, and direct access to a serene backyard oasis. Outdoor living is effortless with paver patios, drought-tolerant landscaping, hillside privacy, and no rear neighbors. Additional highlights include recessed lighting, a spacious two-car garage, ample guest parking, a low HOA, and select furnishings that may be negotiable. Ideally located near downtown Pismo Beach, sandy shores, and world-class wine country, this exceptional home offers more than stunning views—it delivers the ultimate Central Coast lifestyle. Schedule your private showing and experience it for yourself.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
4,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$148.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,1901,857
66%
Lot Size4,0005,727.5
21%
Price$1.55M$1.45M
53%
Price per sq ft$708$745
47%
Built year19891986
66%
HOA$148.0$0
92%
Days on market44205
5%

Pricing History

Listed for Sale

Jan 22, 2026

$1,550,000

Initial Listing

Sold

Aug 30, 2019

$982,000

Public Record

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