229 Pier Avenue, Pismo Beach, California 93449, Pismo Beach, 93449 - 5 bed, 3 bath

229 Pier Avenue, Pismo Beach, California 93449 home-pic-0

229 Pier Avenue

Pismo Beach, California 93449

ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,094Sq Ft
4,480Lot Size

Property Price

LIST PRICE$1,799,000
EST. MARKET VALUE
$1,891,188
4% BelowMARKET VALUE

SUMMARY

Analysis of 229 Pier Avenue, Pismo Beach, California 93449 reveals a Prime Investment Opportunity with a current list price of $1,799,000—significantly undercutting the $1,891,188 Fair Market Value by 4%. This valuation gap indicates a +$92,188 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

$1,891,188 +$92,188 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pismo Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
229 Pier Avenue
Subject
$1,799,000*
List Price
532,094$903-
A
265 Leeward Avenue
Sold
$1,650,000321,646$1,0020.0 mi
B
427 Water
Sold
$2,245,000332,514$8930.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and shows pride of ownership with well-maintained systems and finishes. While originally built in 1959, the home has undergone significant updates, including a kitchen with stone countertops and stainless steel appliances, and updated bathrooms with walk-in showers. The terra cotta tile and custom built-ins are in excellent shape. It does not qualify as 'excellent' because the renovations and style (e.g., cabinetry and tile choice) appear to be older than five years, but it remains in high-quality, functional condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Coastal Location

    Ideally situated in Pismo Beach, this property offers exceptional walkability and proximity to the beach, local parks, hiking trails, and downtown dining, epitomizing the California coastal lifestyle.

  • Versatile Multi-Suite Layout

    The rare five-bedroom configuration includes primary suites on both the main and upper levels, providing excellent flexibility for multi-generational living, guest privacy, or a high-end home office.

  • Inviting Indoor-Outdoor Living

    Thoughtful design elements like the covered front porch, French doors, and private flagstone patios seamlessly connect the interior to lush, mature landscaping and a citrus-anchored backyard.

CONSRISKS & DEFICIENCIES

  • Limited Ocean Sightlines

    The property features 'peek-a-boo' ocean views rather than expansive or unobstructed vistas, which may be a drawback for buyers expecting significant water views at this price point.

  • Dated Architectural Elements

    Originally built in 1959, some interior finishes and the overall aesthetic may require further modernization to meet the expectations of buyers seeking a contemporary luxury coastal home.

About 229 Pier Avenue

Relaxed seaside living! This thoughtfully designed coastal residence captures peek-a-boo ocean views, with lush, mature landscaping. A charming covered front porch and concrete patio create an inviting first impression, perfect for enjoying the coastal breeze and golden hour sunsets. Inside, the living room is warm and timeless, featuring custom built-in bookshelves, a window seat, and a wood-burning fireplace. Terra cotta tile flooring flows effortlessly from the entry through the dining room and into the kitchen, enhancing the home’s natural warmth and continuity. The dining room opens to both the backyard and kitchen through elegant French doors, ideal for entertaining and everyday living. The kitchen offers abundant counter and storage space, stone countertops, a dishwasher, gas range with microwave hood combo, and a refrigerator with coffee bar. A bright breakfast nook overlooking the backyard provides a welcoming space to start the day. Outdoor living shines with a concrete patio accented by brick detail—an ideal setting to unwind while taking in the sea air. A mature citrus tree anchors the space, while additional greenery and lawn offer room for relaxation or recreation. The downstairs primary suite features a ceiling fan, sliding door access to a private flagstone paver patio, and an ensuite bath with walk-in shower. Also on the main level are two additional bedrooms (one currently used as a dedicated office with built-in storage and skylight), and a full bath. A downstairs laundry room with storage doubles as a convenient mudroom with garage access. Upstairs, you’ll find a second spacious primary suite with an ensuite bath featuring a vanity area and full bath. A fifth bedroom adds even more flexibility. An additional vanity area off the upstairs hall connects to the ensuite shower and toilet via a privacy door—such a thoughtful and unique touch. With a great layout Ideally located close to the beach, local parks, hiking trails, shopping, dining, and entertainment in Pismo Beach—this is one you won’t want to miss.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1959
Lot Size
4,480 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Pismo Beach Unified Schools

Shell Beach Elementary School

Grades K-6 • 0.6 mi

7/10

Judkins Middle School

Grades 7-8 • 1.7 mi

5/10

Arroyo Grande High School

Grades 8-12 • 5.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
92%
Baths3.03.0
50%
Square foot2,0941,857
61%
Lot Size4,4805,727.5
29%
Price$1.80M$1.45M
66%
Price per sq ft$859$788
61%
Built year19591986
29%
HOA$0$0
50%
Days on market31205
5%

Pricing History

Listed for Sale

Feb 4, 2026

$1,799,000

Initial Listing

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