NOT LISTED FOR SALE

99 Indio Dr Pismo Beach, CA 93449

Estimated Value: $6,164,000 - $9,581,000

4 Beds
7 Baths
7,528 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $6,050,000 $804 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $51,280/month

138 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Wine Cellar
  • C.L. Smith Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to Palisades Park

About This Home

As of July 2020

Endless and spectacular ocean views surround this custom-built Italian style villa in Pismo Beach. Ideally situated to capture the stunning views, the home presents four bedrooms, five full and two half bathrooms in over 7,500 square feet. This extraordinary coastal estate boasts an open floor plan, abundant natural light, and wall-to-wall windows and doors to capture the gorgeous views. The impressive interior showcases lavish rooms, mahogany hardwood flooring, elevator access to all three levels, and a gourmet kitchen. The magnificent great room with two-story vaulted ceilings and a fireplace, a family room located off the kitchen, and a finished basement with a temperature-controlled wine cellar offer an incredible range of living spaces. The epicurean kitchen features Subzero refrigerators and freezer drawers, two Dacor convection ovens, two stainless steel dishwashers, granite countertops and custom Cherry cabinetry with appliance garages. The gorgeous exterior offers an ocean-facing loggia with a fireplace, large heated in-ground pool and spa with waterfalls and fountains, a backyard gazebo overlooking the ocean, and private stairway access to the beach below. Additional highlights include a private gated driveway, oversized three-car garage, solar roof panels, and professionally landscaped grounds. Located just steps from the beach and minutes from shopping, premier restaurants and renowned wineries, this incredible home brings you the best of the Central Coast.

Last Agent to Sell the Property

Chris Richardson

Richardson Sotheby's International Realty License #01200458 Listed on: 02/13/2020

Richardson Sotheby's International Realty

Co-Listed By

Kristen Gentry

Richardson Sotheby's International Realty License #01968754

Last Buyer's Agent

Peri Kost

SLO Life Realty Group License #00902440

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,569

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Beach Front
  • Security Fence
  • Wrought Iron Fence
  • Stucco Fence
  • Fence is in good condition
  • Drip System Landscaping
  • Sprinkler System
  • Back Yard
  • Value in Land
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors
  • Driveway Down Slope From Street
  • Automatic Gate
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Panoramic
  • Bluff
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 7,528 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Home Theater
  • Home Office
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas and Electric Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Heated Floor in Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar owned by seller

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature
  • Pool Cover

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Gazebo
  • Rain Gutters

Schools

  • Laguna Middle School

Utilities

  • Radiant Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Water Purifier
  • Water Softener
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010141043

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,569

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Shell Beach(600)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 010141043
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7528.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Elevator, Granite Counters, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Two Story Ceilings, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Master Retreat, Outside, Gas, Great Room, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 803.67
  • Room Type: Basement, Dressing Area, Family Room, Formal Entry, Great Room, Home Theatre, Kitchen, Laundry, Master Suite, Media Room, Office, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Heated Floor, Linen Closet/Storage, Privacy Toilet Door, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Gazebo
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • View: Bluff, Hills, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Good Condition, Security, Stucco Wall, Wrought Iron
  • Patio And Porch Features: Covered, Stone, Terrace
  • Pool Features: Private, Heated, In Ground, Pool Cover, Waterfall
  • Pool Private: Yes
  • Roof: Clay, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street, Garage - Three Door, Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas & Electric Range, Microwave, Refrigerator, Warming Drawer, Water Purifier, Water Softener
  • Electric: Electricity - On Property, Photovoltaics Seller Owned, Standard
  • Heating Type: Radiant
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: San Luis Coastal Unified
  • Middle School: Laguna
  • Middle Or Junior School: Laguna

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Drip System, Value In Land
  • Lot Size Sq Ft: 19500.00
  • Lot Size Acres: 0.4477

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19500.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Sea Front

Tax Info

  • Tax Census Tract: 117.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jul 2, 2020
Sold by
Shell Beach Sunset Llc
Bought by
Desilva David
Seller's Agent
Chris Richardson
Richardson Sotheby's International Realty
Buyer's Agent
Peri Kost
SLO Life Realty Group
List Price
$5,999,000
Sold Price
$6,050,000
Premium/Discount to List
$51,000
0.85%
Current Estimated Value
$8,205,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,155,208
Avg. Annual Appreciation
6.38%

Purchase Details

Listed on
Jun 18, 2010
Closed on
Jan 19, 2012
Sold by
Limberg Michael B and Giorlando Joanna M
Bought by
Shell Beach Sunset Llc
Seller's Agent
Linda Wilson
Wilson & Co. Sotheby's Intl' R
Buyer's Agent
Jenele Buttery
J B Enterprises
List Price
$5,250,000
Sold Price
$5,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Feb 12, 2010
Sold by
Limberg Michael B and Limberg Joanna G
Bought by
Limberg Michael B and Limberg Joanna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1997
Sold by
Limberg Michael B and Limberg Joanna
Bought by
Limberg Michael B and Limberg Joanna G
Source: Public Records

Range of Values:

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Average Value
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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
Desilva David $6,050,000 First American Title Company
Shell Beach Sunset Llc -- First American Title Company
Limberg Michael B -- Fidelity National Title Co
Limberg Michael B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limberg Michael B $2,500,000
Previous Owner Limberg Michael $200,000
Previous Owner Limberg Michael B $2,940,000
Previous Owner Limberg Michael B $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $6,050,000 +0.9% $804 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $5,999,000 +14.3% $797 / Sq Ft
02/01/2012 02/01/12 Sold $5,250,000 0.0% $772 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
06/18/2010 06/18/10 For Sale $5,250,000 -- $772 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $71,569 $6,548,713 $3,788,512 $2,760,201
2024 $70,272 $6,420,308 $3,714,228 $2,706,080
2023 $70,272 $6,294,420 $3,641,400 $2,653,020
2022 $65,891 $6,171,000 $3,570,000 $2,601,000
2021 $64,839 $6,050,000 $3,500,000 $2,550,000
2020 $65,520 $6,114,091 $4,019,762 $2,094,329
2019 $64,768 $5,994,208 $3,940,944 $2,053,264
2018 $63,497 $5,876,675 $3,863,671 $2,013,004
2017 $62,390 $5,761,447 $3,787,913 $1,973,534
2016 $61,250 $5,648,479 $3,713,641 $1,934,838
2015 $60,371 $5,563,634 $3,657,859 $1,905,775
2014 $55,488 $5,454,651 $3,586,207 $1,868,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI20032523

California Regional Multiple Listing Service (CRMLS)

APN: 010-141-043