NOT LISTED FOR SALE

Estimated Value: $3,667,255

1.24 Acres
$2,957,485 Price per Acre
54,014 Sq Ft Lot

Sale Details

Date Sold: August 18, 2020

Last sale price $2,270,000

Est. 62% increase in value since last sale

Current estimated payment $23,769 / mo

138 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Rectangular Lot
  • Oceanside
  • 54,014 Sq Ft lot

About This Lot

As of August 2020

Here's your opportunity to own an oceanfront parcel on California's Central Coast in the exclusive gated community, The Bluffs at San Luis Bay, in Shell Beach. Nestled in an enchanting enclave on a private drive of just 23 homes, this last remaining acreage lot of over 54,000sf presents a rare opportunity to design and build your dream home with unobstructed, panoramic views of the Pacific Ocean. Let the sound of the crashing waves and endless sunsets await you. Enjoy the sight of dolphins, sea otters, seals, and migrating whales from the comfort of your home. This amazing property is central to Hiking Trails, Beaches, Pirates Cove, Cave Landing, Tennis Courts, Basketball Courts, and Parks. Your home will be surrounded by fine dining, shopping, beautiful beaches and dunes in Pismo and Avila Beach; and wineries in Edna Valley and Paso Robles. Water, power, and other utilities at street. Soil report and Archeological report in hand. Don't let this opportunity of a lifetime pass you by!

Last Agent to Sell the Property

Sherry Melwani

Smart Mortgage & Investments License #01756749 Listed on: 02/12/2020

Last Buyer's Agent

Sherry Melwani

Smart Mortgage & Investments License #01756749 Listed on: 02/12/2020

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.24 Acre Lot
  • Ocean Front
  • Rectangular Lot
  • Hillside Location
  • Property is zoned RR

Property Views

  • Ocean
  • Coastline
  • Panoramic

Utilities

  • Public Hookup Available For Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010562014

Community Details

Security

  • Gated Community

Recreation

  • Oceanside

Property Details

Property Type

Land

Lot Details

1.24 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Sherry Melwani, Smart Mortgage & Investments, sherry@smartmortgageteam.com, (818) 472-2251 Here's your opportunity to own an oceanfront parcel on California's Central Coast in the exclusive gated community, The Bluffs at San Luis Bay, in Shell Beach. Nestled in an enchanting enclave on a private drive of just 23 homes, this last remaining acreage lot of over 54,000sf presents a rare opportunity to design and build your dream home with unobstructed, panoramic views of the Pacific Ocean. Let the sound of the crashing waves and endless sunsets await you. Enjoy the sight of dolphins, sea otters, seals, and migrating whales from the comfort of your home. This amazing property is central to Hiking Trails, Beaches, Pirates Cove, Cave Landing, Tennis Courts, Basketball Courts, and Parks. Your home will be surrounded by fine dining, shopping, beautiful beaches and dunes in Pismo and Avila Beach; and wineries in Edna Valley and Paso Robles. Water, power, and other utilities at street. Soil report and Archeological report in hand. Don't let this opportunity of a lifetime pass you by!
  • Complex Name: The Bluffs
  • Legal Description: TR 1618 LT 14
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • View: Yes

Utilities

  • Cable: Yes
  • Gas: In Street
  • Sewer: Public Hookup Available
  • Telephone: Yes
  • Water: Public

Condo/Co-op/Association

  • HOA Fees: 375.00

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Assessor Parcel Number: 010562014
  • Geocode Override: No
  • Lot Description: Gated Community, Lot Shape-Rectangular
  • Lot Location: Hillside, Ocean Front, Ocean Side Of Highway 1, Water Front
  • Lot Size Area: 54014
  • Site Decription: Beach
  • Units Per Acre: 0-1 Unit/Acre

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jul 1, 2020
Sold by
Bought by
Seller's Agent
Sherry Melwani
Smart Mortgage & Investments
Buyer's Agent
Sherry Melwani
Smart Mortgage & Investments
List Price
$2,600,000
Sold Price
$2,270,000
Premium/Discount to List
-$330,000
-12.69%
Current Estimated Value
$3,667,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,397,255
Avg. Annual Appreciation
8.38%
Original Mortgage
$1,000,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2017
Closed on
Nov 17, 2017
Sold by
Bought by
Seller's Agent
Linda Wilson
Central Coast Sotheby's International Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,779,000
Sold Price
$1,500,000
Premium/Discount to List
-$279,000
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%

Purchase Details

Listed on
Jan 6, 2017
Closed on
Nov 6, 2017
Sold by
Bought by
Seller's Agent
Linda Wilson
Central Coast Sotheby's International Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,779,000
Sold Price
$1,500,000
Premium/Discount to List
-$279,000
-15.68%

Purchase Details

Listed on
Jan 6, 2017
Closed on
Sep 19, 2017
Sold by
Bought by
Seller's Agent
Linda Wilson
Central Coast Sotheby's International Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,779,000
Sold Price
$1,500,000
Premium/Discount to List
-$279,000
-15.68%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pismo Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,270,000 Stewart Title
-- None Available
-- Placer Title Company
$1,500,000 Placer Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $2,270,000 +3.2% --
06/29/2020 06/29/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $2,200,000 -15.4% --
02/12/2020 02/12/20 For Sale $2,600,000 +73.3% --
11/14/2017 11/14/17 Sold $1,500,000 -15.7% -- View Prior Sale
10/09/2017 10/09/17 For Sale $1,779,000 -15.3% --
09/15/2017 09/15/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $2,100,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $51,667 $4,677,456 $2,457,120 $2,220,336
2024 $33,348 $4,585,742 $2,408,942 $2,176,800
2023 $33,348 $2,934,308 $2,361,708 $572,600
2022 $25,314 $2,315,400 $2,315,400 $0
2021 $24,902 $2,270,000 $2,270,000 $0
2020 $17,310 $1,560,600 $1,560,600 $0
2019 $17,107 $1,530,000 $1,530,000 $0
2018 $16,767 $1,500,000 $1,500,000 $0
2017 $8,406 $723,724 $723,724 $0
2016 $8,248 $709,534 $709,534 $0
2015 $8,128 $698,877 $698,877 $0
2014 $7,512 $685,187 $685,187 $0
Source: Public Records

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Map

Source: The MLS

MLS Number: 20-551610

The MLS

APN: 010-562-014

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