NOT LISTED FOR SALE

500 Baxter Ln Pismo Beach, CA 93449

Estimated Value: $2,173,000 - $2,663,573

3 Beds
3.5 Baths
2,282 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $2,950,000 $1,293 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $13,645/month

77 Days on Market

Highlights

  • White Water Ocean Views
  • Above Ground Spa
  • Heated Floor in Bathroom
  • Arroyo Grande High School Rated A-
  • Solar Power System
  • 3-minute walk to Boosinger Park

About This Home

As of March 2024

Introducing 500 Baxter Lane, an architectural masterpiece of contemporary design perched on a hill, offering Panoramic ocean and Pismo Preserve views. This stunning 3-bed plus office, 3.5-bath home + ADU boasts 2,282 sq ft of modern elegance on a 9,609 sq ft lot, featuring over 1,000 sq ft of deck space. As you approach the property, you'll be captivated by the sleek exterior with a unique mix of CorTen Steel, glass, and Santa Barbara finish stucco. These are complemented with seamless glass railings and stainless rails. Upon entering, you'll be immediately drawn to the impressive Great Room, featuring gorgeous painted wood ceilings, luxury faux wood flooring, and an exquisite floor-to-ceiling Peninsula Glass Fireplace. Floor-to-ceiling brand new luxury windows envelop this open floor plan, allowing you to soak in the panoramic views from every corner of the home. The spacious Great Room seamlessly flows into a huge wrap-around deck complete with a jacuzzi and outdoor shower, making it the prime spot to enjoy dinner while watching the sunset. The kitchen is a chef's dream, boasting a large bar counter, wine fridge, high-end appliances, and countertops covered in leathered Taj Mahal quartzite. However, the real highlight is cooking with those breathtaking views as your backdrop. The Primary bedroom offers a sanctuary of tranquility with beamed wood ceilings, a window nook, and breathtaking views of both sunrise and sunset. The luxurious Ensuite bathroom features dual floating vanities, smart mirrors, a gorgeous walk-in shower, and programmable heated floors that run from the bed to the bath & shower. The lower levels feature 2 beds, plus office and 2 baths. The first comes with an additional versatile room with views, ideal for an office or personal workout zone. The third serves as an office with a large deck with awe-inspiring views. Every room is equipped with mini splits – each room with individual controls. The 2-car garage includes a large laundry room and storage room. Notably, this property includes an additional permitted ADU serving as an income opportunity. The ADU Suite features high beamed ceilings, sliding doors to a balcony with picturesque views, a modern kitchenette, and a walkin closet. Incredible location, providing easy access to everything you need and enjoy on the Central Coast. This home is a true coastal gem, where modern design, stunning views, and luxurious living come together to create a one-of-a-kind living experience.

Last Agent to Sell the Property

Lindsey Harn

Christie's International Real Estate Sereno License #01868098 Listed on: 11/09/2023

Christie's International Real Estate Sereno

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 9,609 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 2,282 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Mirrored Closets Doors
  • Heated Floor in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Patio
  • Wrap Around Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 52 / 6
  • Assessor Parcel Number 005032011

Community Details

Overview

  • No Home Owners Association
  • Pismo Beach Subdivision

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Pismo Beach (360)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 005032011
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2282.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting, Track Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room, See Through, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1292.73
  • Room Type: Great Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bedroom
  • Spa Features: Above Ground
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Heated Floor, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, White Water
  • Patio And Porch Features: Deck, Front Porch, Wrap Around
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9609.00
  • Lot Size Acres: 0.2206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9609.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jan 30, 2024
Sold by
Frank M Demayo And Heidi Demayo Family T
Bought by
Martin And Lori Etcheverry Family Trust and Etcheverry
Seller's Agent
Lindsey Harn
Christie's International Real Estate Sereno
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,995,000
Sold Price
$2,950,000
Premium/Discount to List
-$45,000
-1.5%
Views
176
Current Estimated Value
$2,393,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$556,142
Avg. Annual Appreciation
-10.52%
Original Mortgage
$766,550
Outstanding Balance
$751,717
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,642,141

Purchase Details

Closed on
Aug 9, 2023
Sold by
Demayo Heidi and Demayo Frank M
Bought by
Frank M Demayo And Heidi Demayo Family Trust and Demayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Faucette Gary C
Bought by
Faucette Gary C and Quinn Terri M

Purchase Details

Closed on
Mar 17, 2003
Sold by
Quinn Terri M
Bought by
Faucette Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.82%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Faucette Gary C
Bought by
Faucette Gary C and Quinn Terri M

Purchase Details

Closed on
Sep 3, 1999
Sold by
Quinn Terri M
Bought by
Faucette Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.82%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Ross Edwin C and Ross Bonnie Lou
Bought by
Faucette Gary C and Quinn Terri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.94%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin And Lori Etcheverry Family Trust $2,950,000 Fidelity National Title
Frank M Demayo And Heidi Demayo Family Trust -- Fidelity National Title
Demayo Heidi -- Fidelity National Title
Faucette Gary C -- None Available
Faucette Gary C -- Fidelity Title Company
Faucette Gary C -- --
Faucette Gary C -- First American Title Ins Co
Faucette Gary C $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin And Lori Etcheverry Family Trust $766,550
Previous Owner Demayo Heidi $1,950,000
Previous Owner Faucette Gary C $500,000
Previous Owner Faucette Gary C $382,500
Previous Owner Faucette Gary C $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $2,950,000 -1.5% $1,293 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $2,995,000 +136.2% $1,312 / Sq Ft
10/15/2020 10/15/20 Sold $1,268,000 +0.7% $642 / Sq Ft View Prior Sale
09/05/2020 09/05/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $1,259,000 -- $638 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,428 $2,148,181 $1,443,991 $704,190
2024 $14,258 $1,345,611 $955,087 $390,524
2023 $14,258 $1,319,227 $936,360 $382,867
2022 $14,039 $1,293,360 $918,000 $375,360
2021 $14,006 $1,268,000 $900,000 $368,000
2020 $6,639 $599,019 $297,830 $301,189
2019 $6,588 $587,275 $291,991 $295,284
2018 $6,505 $575,761 $286,266 $289,495
2017 $6,393 $564,472 $280,653 $283,819
2016 $6,044 $553,404 $275,150 $278,254
2015 $5,961 $545,092 $271,017 $274,075
2014 $5,746 $534,416 $265,709 $268,707
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC23203918

California Regional Multiple Listing Service (CRMLS)

APN: 005-032-011