48 Whitecap, Pismo Beach, California 93449, Pismo Beach, 93449 - 3 bed, 3 bath
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Pismo Beach, California 93449
This Strong Value Opportunity is listed at $1,795,000, positioned well below the $1,803,410 Fair Market Value by 0.47%, offering $8,410 in Instant Equity. Featuring a Condition Rating of 4, this 3,900 sqft estate offers a grand layout with a curved staircase and private deck, though it requires cosmetic updates to modernize its 1990s aesthetic. Located in the Lucia Mar Unified district, this property is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a spacious coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48 Whitecap Subject | $1,795,000* List Price | 3 | 3 | 3,899 | $463 | - |
A 59 Valley View Sold | $1,700,000 | 3 | 3 | 3,173 | $536 | 0.1 mi |
B 106 La Colima Sold | $1,725,000 | 4 | 3 | 3,189 | $541 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the home is well-maintained but functionally dated. While the kitchen features some past updates like granite counters, the bathrooms retain original 1990s gold fixtures and tile. The overall interior, including the white carpeting and mirrored wet bars, requires cosmetic modernization to meet current luxury standards.
Boasting nearly 3,900 square feet of living area on a generous 12,552 square foot lot, this custom estate offers rare scale and architectural grandeur, including soaring ceilings and a signature curved staircase.
The oversized primary suite functions as a private sanctuary, complete with a dedicated sitting area, fireplace, wet bar, and private deck, providing a high-end resort-like experience.
Designed for hosting, the home features multiple wet bars, a grand living room, an enclosed sunroom, and a large backyard with a gazebo, catering perfectly to an indoor-outdoor lifestyle.
While the property is located in a coastal community, the ocean views are characterized as 'peek-a-boo,' which may not meet the expectations of buyers seeking panoramic or unobstructed water vistas at this price point.
Despite the substantial 3,899 square foot floor plan, the home only offers three bedrooms, which may limit its appeal for larger families or those requiring more guest accommodations relative to the home's size.
This magnificent 3,900 square foot custom Mediterranean estate showcases timeless elegance and refined architectural details. From its grand entry and soaring ceilings to its beautifully appointed living spaces, every room has been carefully designed to blend luxury, comfort, and sophistication. The expansive primary suite is a true private retreat, featuring a cozy fireplace, wet bar, spacious deck and a generous sitting area to unwind in comfort. This fine home also features a impressive curved staircase, a grand living room, inviting family room with a second wet bar, built-in entertainment center, private office and an enclosed sunroom. There is a large backyard with a gazebo for entertaining, and peek-a-boo ocean views from the kitchen and primary bedroom. This is a must see home!
No exterior & parking available.
Grades K-6 • 3.3 mi
Grades 7-8 • 1.0 mi
Grades 8-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,899 | 2,657 |
| Lot Size | 12,552 | 10,816 |
| Price | $1.79M | $1.54M |
| Price per sq ft | $460 | $786 |
| Built year | 1990 | 1991 |
| HOA | $0 | $120 |
| Days on market | 28 | 68 |
Jun 24, 2026
$1,795,000
Initial Listing
Nov 6, 1997
$539,000
Public Record