351 Selma Street, Pismo Beach, California 93449, Pismo Beach, 93449 - 3 bed, 3 bath
351 Selma Street
Pismo Beach, California 93449
Property Price
SUMMARY
Analysis of 351 Selma Street, Pismo Beach, California 93449 reveals a Prime Investment Opportunity with a current list price of $1,695,000—significantly undercutting the $1,817,947 Fair Market Value by 6%. This valuation gap indicates a +$122,947 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 351 Selma Street Subject | $1,695,000* List Price | 3 | 3 | 2,286 | $795 | - |
A 201 Miguelito Lane Sold | $1,779,000 | 3 | 3 | 2,079 | $856 | 0.5 mi |
B 841 Visalia Street Street Active Under Contract | $1,610,000 List Price | 3 | 2 | 2,062 | $781 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2008, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with recent cosmetic refreshments including new interior paint and new carpeting in the bedrooms. The kitchen and bathrooms feature original but high-quality finishes such as bamboo flooring, granite-style countertops, and stainless steel appliances that are well-maintained. While the architectural style is unique and contemporary, the interior fixtures and cabinetry reflect the mid-2000s construction era rather than a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Nestled in the prestigious Pismo Heights on a quiet cul-de-sac, this property offers a rare blend of privacy and convenience, situated within walking distance to the beach and downtown Pismo's dining and shopping.
- Unique Architectural Design
Designed by a local engineer, the home features a striking contemporary aesthetic with weathered corrugated steel cladding, providing both a one-of-a-kind look and enhanced fire resistance and durability.
- Versatile Floor Plan
The spacious 2,638 square foot interior includes dedicated office and media rooms, catering to modern work-from-home needs and providing ample space for high-end entertaining.
CONSRISKS & DEFICIENCIES
- Niche Exterior Aesthetic
The industrial corrugated steel exterior is a bold architectural statement that may have limited appeal for buyers seeking a more traditional or classic coastal California style.
- Limited Usable Yard Space
Due to its hillside location and cul-de-sac positioning, the property may offer less flat, usable outdoor recreation space compared to other residential lots in the area.
About 351 Selma Street
Great location nestled in the highly desirable Pismo Heights neighborhood, this one of a kind home features both privacy and convenience. Just minutes from the freeway, downtown Pismo Beach world class restaurants, coffee shops, grocer stores and local services for all your needs. walking distance to the beach and nature surrounds this quiet end of culdesac street. Unique architectural design. Built and designed by a local engineer. The exterior is clad in weathered corrugated steel, blending contemporary style with durability and potential fire resistance. Mature oak trees and palms surround the property, enhancing its natural beauty and providing a serene coastal retreat. Spacious living and entertaining 3 bedrooms, 3 baths, dedicated office room and Media room. 2 car garage. total square footage of 2638. The open floor plan seamlessly connects the living room, dining room and kitchen with a bar for extra seating. Large windows fill the interior with natural light and frame the views of the hillsides. Newly repainted and new carpet in all bedrooms. All other flooring is light bamboo and tile in baths. Must see this architectural dream home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2008
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,286 | 1,857 | 68% |
| Lot Size | 5,000 | 5,727.5 | 45% |
| Price | $1.70M | $1.45M | 58% |
| Price per sq ft | $741 | $762 | 50% |
| Built year | 2008 | 1986 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 205 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,695,000
Initial Listing
Sold
Jun 9, 2006
$40,000
Public Record
Sold
Oct 14, 2005
$205,000
Public Record
Sold
Sep 22, 2005
$410,000
Public Record
Sold
Aug 11, 2000
$79,000
Public Record