229 Pier Avenue, Pismo Beach, California 93449, Pismo Beach, 93449 - 5 bed, 3 bath
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Pismo Beach, California 93449
This Coastal Multi-Suite Residence is a Prime Investment Opportunity, listed at $1,799,000—positioned well below the $1,891,188 Fair Market Value by 4%. This valuation gap provides $92,188 in Instant Equity for the buyer. The home maintains a Condition Rating of 3, featuring a versatile five-bedroom layout with dual primary suites and peek-a-boo ocean views. Located near Shell Beach Elementary in the Lucia Mar Unified District, it balances lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 Pier Avenue Subject | $1,695,000* List Price | 5 | 3 | 2,094 | $804 | - |
A 266 Seaview Sold | $1,727,000 | 3 | 3 | 1,920 | $899 | 0.1 mi |
B 150 Castaic Sold | $1,412,500 | 3 | 2 | 1,484 | $952 | 0.2 mi |
C 120 Esparto Sold | $1,580,000 | 3 | 3 | 1,828 | $864 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.7 mi
Grades 8-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,094 | 1,993 | 57% |
| Lot Size | 4,480 | 5,000 | 37% |
| Price | $1.70M | $1.51M | 59% |
| Price per sq ft | $809 | $762 | 53% |
| Built year | 1959 | 1986 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 139 | 45% |
Mar 23, 2026
$1,695,000
$1,799,000
-6% Price Drop
Initial Listing
Feb 4, 2026
$1,799,000
Initial Listing