721 Lemoore, Pismo Beach, California 93449, Pismo Beach, 93449 - 3 bed, 3 bath

721 Lemoore
Pismo Beach, California 93449
Property Price
SUMMARY
Analysis of 721 Lemoore, Pismo Beach, California 93449 reveals a Prime Investment Opportunity with a current list price of $1,249,000—significantly undercutting the $1,296,210 Fair Market Value by 3%. This valuation gap indicates a +$47,210 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 721 Lemoore Subject | $1,249,000* List Price | 3 | 3 | 2,288 | $567 | - |
A 870 Visalia St Sold | $1,285,000 | 4 | 2 | 2,542 | $506 | 0.3 mi |
B 171 Surf Street Active | $999,000 List Price | 3 | 2 | 1,555 | $642 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and functional but remains largely in its original 1983 condition. The kitchen features dated oak cabinetry, white tile countertops, and older appliances, while the bathrooms and light fixtures also reflect styles from the era of construction. While the home is move-in ready and offers excellent views, it requires cosmetic updates and modernization to meet current market standards for the area.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean Views
The property features breathtaking ocean views from every room, a rare and highly sought-after attribute that significantly enhances its market value and coastal appeal.
- Prime Pismo Heights Location
Situated in one of Pismo Beach’s most desirable neighborhoods, the home offers excellent proximity to downtown dining, shopping, and local beaches.
- Spacious Interior Layout
With approximately 2,288 square feet of living space, the home provides a generous and functional floor plan that maximizes natural light and coastal vistas.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1983, the home may require updates to its original finishes and systems to meet the expectations of modern luxury buyers.
- Compact Lot Size
The 5,000 square foot lot offers limited outdoor space, which may be a drawback for buyers seeking expansive gardens or significant outdoor recreation areas.
About 721 Lemoore
Experience classic coastal living in the highly desirable Pismo Heights neighborhood just moments from beaches, parks, and downtown Pismo Beach. This spacious 3-bedroom, 2.5-bathroom single-family residence offers approximately 2,288 sq ft of thoughtfully designed living space on a 5,000 sq ft lot. Enjoy beautiful ocean views from every room, filling the home with natural light and showcasing the stunning Central Coast coastline from sunrise to sunset. The generous living areas are ideal for both relaxed daily living and entertaining, with expansive windows that perfectly frame the sweeping vistas. The well-proportioned kitchen flows seamlessly into the main living spaces, creating an inviting atmosphere for gatherings. The private primary suite offers a peaceful retreat with captivating ocean views, while the additional bedrooms provide flexibility for guests, family, or a home office, each benefiting from the same breathtaking scenery. A functional floor plan, abundant light, and panoramic views throughout make this home truly special. Outside, the private yard invites al fresco dining and outdoor enjoyment in the mild coastal climate. An attached garage provides convenient parking and additional storage. Located just minutes from Pismo Beach’s vibrant dining, shopping, and recreation, this property delivers the quintessential Central Coast lifestyle with unmatched coastal views. Don’t miss this rare opportunity to own a view home in one of Pismo Beach’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- 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 | 2,288 | 1,857 | 68% |
| Lot Size | 5,000 | 5,727.5 | 45% |
| Price | $1.25M | $1.34M | 47% |
| Price per sq ft | $546 | $745 | 16% |
| Built year | 1983 | 1986 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 205 | 3% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,249,000
Initial Listing

















