
Pismo Beach, California 93449
This Coastal Single Family Residence represents a Strong Value Opportunity, listed at $1,625,000—positioned well below the $1,731,684 Fair Market Value by 6%. This valuation gap provides $106,684 in Instant Equity. Featuring a Condition Rating of 4, the home offers a Granite Kitchen and Ocean Views from the front balcony. Located in the Lucia Mar Unified district near Shell Beach Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime coastal lifestyle with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1607 Costa Del Sol Subject | $1,550,000* List Price | 4 | 3 | 1,826 | $857 | - |
A 229 Pier Avenue Sold | $1,611,000 | 5 | 3 | 2,094 | $769 | 0.5 mi |
B 266 Seaview Sold | $1,727,000 | 3 | 3 | 1,920 | $899 | 0.6 mi |
C 106 Calle Corea Sold | $1,400,000 | 3 | 3 | 2,190 | $639 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property is well-maintained but remains largely original. The kitchen features dated fluorescent light boxes and 90s-style cabinetry, while the bathrooms show original tile countertops and fixtures, meeting the >20y criteria for dated finishes needing updates.
Situated in the highly coveted Shell Beach area, this property offers immediate proximity to coastal trails, renowned dining, and picturesque beaches, epitomizing the premium Central Coast lifestyle.
The home features stunning ocean views from the front balcony, providing a high-value coastal atmosphere and the perfect vantage point for Pacific sunsets.
The thoughtful layout includes the primary suite and a guest bedroom on the main level, offering excellent flexibility for multi-generational living or those seeking long-term accessibility.
The 5,637 square foot lot is relatively compact for the price point, which may limit outdoor privacy and space for extensive landscaping or gardening.
Built in 1998, the property may require upcoming capital investments for major systems or cosmetic modernizations to compete with newer luxury builds in the area.
Coastal Living with Ocean Views in the Heart of Shell Beach! Experience the best of California's Central Coast in this beautifully appointed 4-bedroom, 3-bathroom home offering stunning ocean views, exceptional indoor-outdoor living, and an unbeatable Shell Beach location. Wake up to breathtaking ocean vistas from the front balcony, the perfect place to enjoy your morning coffee or unwind while watching the sunset over the Pacific. Inside, the thoughtfully designed floor plan is filled with natural light and features an open-concept kitchen that seamlessly flows into the family room, creating the perfect space for everyday living and entertaining. The kitchen is beautifully appointed with granite countertops, stainless steel appliances, a gas cooktop, double ovens, and abundant cabinetry, making it as functional as it is inviting. The main level features a spacious primary suite with a private en-suite bathroom making it a peaceful retreat to end each day. Also on the main level is a guest bedroom and full bathroom, providing flexibility for visitors, multi-generational living, or a home office. The lower level offers two additional guest bedrooms and another full bathroom, creating a comfortable and private space for family and guests. Step outside to a private, low-maintenance backyard designed for effortless enjoyment. The expansive patio features a built-in BBQ, multiple gathering and dining areas, and plenty of space to entertain family and friends or simply relax while enjoying the coastal climate. Ideally located just minutes from Shell Beach's renowned restaurants, picturesque beaches, coastal trails, and convenient freeway access, you'll enjoy the perfect blend of seaside tranquility and everyday convenience. Whether you're searching for a primary residence, vacation home, or investment opportunity, this exceptional property captures the essence of the coveted Shell Beach lifestyle.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 2.2 mi
Grades 8-12 • 6.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,826 | 2,134.92 |
| Lot Size | 5,637 | 6,152.24 |
| Price | $1.55M | $1.48M |
| Price per sq ft | $849 | $759 |
| Built year | 1998 | 1988 |
| HOA | $100.0 | $103 |
| Days on market | 39 | 70 |
Sep 5, 2026
$1,550,000
$1,595,000
-3% Price Drop
Initial Listing
Aug 20, 2026
$1,595,000
$1,625,000
-2% Price Drop
Initial Listing
Aug 1, 2026
$1,625,000
Initial Listing
Aug 10, 2012
$650,000
Public Record
Nov 30, 1998
$310,000
Public Record