
Avila Beach, California 93424
This Stunning Coastal Residence is a High-Potential Investment Opportunity, listed at $2,699,000—positioned well below the $2,788,340 Fair Market Value by 3%. This valuation gap offers $89,340 in Instant Equity. Featuring a 2026 Mint Condition Rating, this home includes a Chef’s Kitchen with Wolf/Sub-Zero appliances and a 388 sq. ft. Junior ADU. Its prime downtown location and versatile layout make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury coastal living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2855 Avila Beach Drive Subject | $2,550,000* List Price | 4 | 4 | 2,262 | $1,162 | - |
A 2849 Avila Beach Active | $2,499,000 List Price | 4 | 4 | 2,262 | $1,105 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features a high-end chef's kitchen with premium Wolf and Sub-Zero appliances, modern luxury bathrooms with designer tile work, and brand-new systems throughout, requiring zero maintenance.
This 2026 new construction features premium architectural details, including a pivot glass entry door and a chef's kitchen equipped with top-tier Wolf and Sub-Zero appliances.
The inclusion of a private 388 sq. ft. junior ADU with its own exterior entrance offers significant flexibility for rental income, multi-generational living, or a dedicated home office.
Situated in the heart of downtown Avila Beach, the property provides an elite coastal lifestyle with immediate proximity to the beach, golf courses, and local dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3000, other record lot size in square feet = 4800.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3000, living area = 2262.
The 3,000 sq. ft. lot is relatively compact for a luxury single-family residence, which may restrict outdoor activities and privacy compared to larger estates.
Experience coastal luxury at The Colony in downtown Avila Beach. Thoughtfully designed with premium finishes, flexible living spaces, and sophisticated coastal architecture, this exceptional residence offers the ideal blend of comfort, style, and location just moments from the beach, restaurants, wine tasting, boutique shopping, golf, and outdoor recreation. The welcoming front patio is designed for entertaining and relaxation, featuring a citrus tree, built-in barbecue, raised planter beds, privacy hedges, elegant exterior lighting, and gas plumbing for a future fire pit. Distinctive architectural details include copper downspouts, cable railings, modern beach-inspired trim, designer lighting, and a dramatic pivot glass entry door. The main living level offers convenient entry-level living with a spacious guest bedroom and beautifully appointed bathroom with shower luxurious tile and a shower-wand. The open-concept great room features a custom dry bar with beverage refrigerator and icemaker, a linear electric fireplace, and expansive sliding glass doors opening to a generous deck. The deck is pre-plumbed for future outdoor enhancements. The chef's kitchen showcases premium appliances and designer finishes, including a Wolf six-burner cooktop, Wolf oven, vent hood, Sharp drawer microwave, Bosch dishwasher, built-in trash receptacles, and paneled Sub-Zero refrigerator and freezer. The lower level offers a spacious two car garage and includes a private 388± sq. ft. junior ADU with its own exterior entrance, electric cooktop, microwave, sink, closet space, and three-quarter bath. Whether utilized for guests, extended family, a private office, or additional income potential, this flexible space enhances the versatility of the home. Upstairs, a guest suite enjoys beautiful hillside views and a full bath with tub. The luxurious primary suite serves as a private retreat, offering dual vanities, a dedicated makeup area, spacious walk-in closets, and a private walkout deck. An inviting lounge nook with integrated cabinetry provides the perfect space for reading, working remotely, or simply relaxing. Enjoy peekaboo ocean views, scenic hillside vistas, and glimpses of the iconic Cal Poly Pier from this stunning coastal residences private primary suites private deck. Combining luxury finishes, thoughtful design, and an unbeatable location, this home presents a rare opportunity to own in one of Avila Beach's newest and most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,262 | 3,877 |
| Lot Size | 3,000 | 10,370 |
| Price | $2.55M | $1.98M |
| Price per sq ft | $1.1K | $768 |
| Built year | 2026 | 2003 |
| HOA | $0 | $112 |
| Days on market | 41 | 84 |
Jul 14, 2026
$2,550,000
$2,699,000
-6% Price Drop
Initial Listing
Jun 11, 2026
$2,699,000
Initial Listing
Apr 29, 2022
$2,100,000
Public Record
Feb 13, 2003
$805,000
Public Record
Jul 19, 2002
$3,024,000
Public Record