NOT LISTED FOR SALE

Estimated Value: $4,644,397 - $5,848,000

4 Beds
5 Baths
6,087 Sq Ft
$864/Sq Ft Est. Value

About This Home

Introducing 502 Pacific Avenue, a luxurious oceanfront villa set above the shores of Cayucos on California's Central Coast. This 6,000+ sq ft residence is designed for the most discerning buyers, showcasing exceptional craftsmanship, technology, and comfort. The property sits on a 10,000+ sq ft oceanfront lot and welcomes you through a self-opening wrought iron gate into a travertine courtyard, surrounded by lush landscaping, roses, and water features. Inside, the foyer's 18-foot ceilings, mahogany corbels, and stained-glass skylight set an impressive tone. Marble floors, radiant heating, and Swarovski crystal chandeliers enhance the sophistication. The great room offers Pacific Ocean views through floor-to-ceiling windows, complemented by Venetian plaster walls and smart home features, including Roman shades and a whole-home sound system. The chef's kitchen is equipped with a 60" Wolf range, Sub-Zero refrigerators, Bosch and Fisher Paykel dishwashers, and a backlit onyx island. A pass-through window connects the kitchen to a dining area, which opens to outdoor seating with a fire pit and a private stairway to the beach. Two primary suites on separate levels with ocean views and private patios offer unmatched luxury. The main level suite features a spa-like bathroom with heated surfaces, a walk-in shower, and crystal-accented vanities. The upper suite boasts floor-to-ceiling sliders that slide into the wall to take in the ocean air, an expansive terrace with outdoor TV & fire pit, and is perfect for viewing sunsets over Morro Rock. For entertainment, the lower level offers a 450+ bottle wine cellar, a bronze dolphin water feature, and a home theater. A motorized staircase leads to a recreation room above the detached two-car garage, adding possibilities & functionality. This estate is equipped with fireplaces + patio or balcony in every bedroom, advanced home automation, Lutron lighting, a 14-camera security system, mirror TV, 45kW natural gas backup generator, radiant floor heating, a 19-panel solar array, motorized TV mounts, and a secret switch for a 50,000-lumen beach light. With dual spiral staircases, an elevator, ADA accessibility, and a rooftop terrace with retractable awnings, this home is a marvel of modern design and engineering. Located in one of California's prime oceanfront communities, this trophy property offers a rare opportunity to own a masterpiece framed by the Pacific Ocean's beauty - truly a legacy estate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 1998
Sold by
Steiner Louis J and Steiner Brenda
Bought by
Steiner Louis J and Steiner Brenda
Current Estimated Value
$5,260,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$127,835
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,132,631

Purchase Details

Closed on
Jul 12, 1995
Sold by
Buford Emmett Edwin and Buford William E
Bought by
Steiner Louis J and Steiner Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Steiner Louis J -- Chicago Title Co
Steiner Louis J $750,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Louis J $600,000
Previous Owner Steiner Louis J $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 For Sale $10,998,000 0.0% $1,807 / Sq Ft
03/02/2026 03/02/26 Off Market $10,998,000 -- --
07/28/2025 07/28/25 Price Changed $10,998,000 -6.8% $1,807 / Sq Ft
02/28/2025 02/28/25 Price Changed $11,798,000 -0.8% $1,938 / Sq Ft
01/11/2025 01/11/25 Price Changed $11,898,000 -0.8% $1,955 / Sq Ft
09/25/2024 09/25/24 For Sale $11,998,000 -- $1,971 / Sq Ft

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 $29,752 $2,888,841 $1,075,768 $1,813,073
2024 $29,439 $2,832,198 $1,054,675 $1,777,523
2023 $29,439 $2,776,666 $1,033,996 $1,742,670
2022 $28,949 $2,722,222 $1,013,722 $1,708,500
2021 $28,562 $2,668,846 $993,846 $1,675,000
2020 $17,246 $1,607,769 $934,169 $673,600
2019 $15,903 $1,481,952 $915,852 $566,100
2018 $13,705 $1,275,895 $897,895 $378,000
2017 $13,513 $1,258,290 $880,290 $378,000
2016 $12,235 $1,138,530 $863,030 $275,500
2015 $11,987 $1,108,067 $850,067 $258,000
2014 $11,194 $1,051,416 $833,416 $218,000
Source: Public Records

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