
Pismo Beach, California 93449
This Coastal Residential Asset is a Strong Value Opportunity, listed at $2,200,000—positioned well below the $2,154,069 Fair Market Value by -2%. Featuring a Fair Condition Rating, this multi-level home offers Panoramic Coastal Views, a Custom Wine Cellar, and Owned Solar. While the 1990s architecture provides a foundation for modernization, the unique layout ensures privacy for each bedroom. This property balances high-end coastal living with significant potential for cosmetic value-add, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 961 Shafer Lane Subject | $2,200,000* List Price | 3 | 4 | 3,401 | $633 | - |
A 841 Visalia Street Street Sold | $1,550,000 | 3 | 2 | 2,062 | $752 | 0.3 mi |
B 202 Cima De Colina Sold | $1,850,000 | 4 | 4 | 2,602 | $711 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained but reflects its age through dated architectural features like glass block accents and 90s-style cabinetry. While it features high-end materials like marble and granite, plus modern systems like owned solar, the overall aesthetic and 30+ year age align with the 'Fair' category requiring cosmetic updates.
The property offers exceptional, unobstructed views of the Pismo pier, coastline, and dunes from multiple levels, including a dedicated rooftop deck for optimal sunset viewing.
Each of the three bedrooms is strategically located on its own floor with a private en-suite bathroom, providing an ideal setup for guest privacy or multigenerational living.
The home is equipped with high-end features including owned solar, a custom wine cellar, and a massive 25-foot cedar-lined closet, all within walking distance to downtown Pismo Beach.
The multi-level architectural design may be a drawback for buyers with mobility concerns or those who prefer a more integrated, single-level living flow.
Built in 1990, some architectural details and finishes like marble flooring and granite countertops may require modernization to align with current luxury market trends.
Perched in the coveted Pismo Heights neighborhood, this architecturally distinctive coastal retreat captures panoramic views of the beach, pier, surfing and incredible dunes along the horizon. You will find unique coastal experiences on every level with a front row seat for an incredible Pismo Beach lifestyle. To top it off is the rooftop deck and beautiful open areas to further experience the spectacular sunrises, sunsets and city lights. Blending modern design with warm coastal elegance, this custom residence offers 3 bedrooms, 3.5 bathrooms, and a thoughtfully designed multi-level floor plan that embraces thoughtful living that blends both privacy and entertaining. Inside, soaring ceilings, expansive windows, and abundant natural light create an airy, sophisticated atmosphere. The open-concept living spaces flow seamlessly into a beautifully appointed kitchen featuring granite countertops, generous storage, and a layout ideal for gathering with family and friends. Marble flooring and artisan architectural details elevate the home’s refined coastal aesthetic. Each bedroom is privately situated on its own level with an en-suite bathroom, creating an ideal setup for guests or multigenerational living. Occupying an entire floor, the primary suite offers a peaceful escape complete with a dramatic 25-foot cedar-lined closet and private deck access with ocean breezes just beyond your door. Additional highlights include a custom wine cellar, indoor laundry room with utility sink, multiple ocean-view decks, beautifully landscaped grounds and owned solar. Perfectly positioned within walking distance of downtown Pismo Beach, beaches, restaurants, shopping, and nearby hiking trails, this exceptional home delivers the ultimate Central Coast lifestyle where luxury, scenery, and everyday living come together and create endless memories.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 3,401 | 1,993 | 96% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $2.20M | $1.55M | 80% |
| Price per sq ft | $647 | $762 | 22% |
| Built year | 1990 | 1986 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 135 | 4% |
May 27, 2026
$2,200,000
Initial Listing
May 26, 2017
$1,225,000
Public Record
Jul 23, 1997
$485,000
Public Record