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

721 Lemoore, Pismo Beach, California 93449 home-pic-0

721 Lemoore

Pismo Beach, California 93449

ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,288Sq Ft
5,000Lot Size

Property Price

LIST PRICE$1,249,000
EST. MARKET VALUE
$1,296,210
3% BelowMARKET VALUE

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

$1,296,210 +$47,210 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pismo Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
721 Lemoore
Subject
$1,249,000*
List Price
332,288$567-
A
870 Visalia St
Sold
$1,285,000422,542$5060.3 mi
B
171 Surf Street
Active
$999,000
List Price
321,555$6420.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,2881,857
68%
Lot Size5,0005,727.5
45%
Price$1.25M$1.34M
47%
Price per sq ft$546$745
16%
Built year19831986
39%
HOA$0$0
50%
Days on market6205
3%

Pricing History

Listed for Sale

Mar 1, 2026

$1,249,000

Initial Listing

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