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Luxury

LUXURY HOME MARKET

The Luxury Home Market varies depending on the market you are in and the values within the local area. The key indicators are generally in a prime location, expensive price, large size, privacy, unique, exclusive, view, high-end materials, expert design, and valuable amenities and in some instances, a prestigious history is a few of the qualifiers for a Luxury home.

Depending on the area “Luxury” can start out at a few million in some areas to over fifty million in other markets. The national average of a luxury home is two million. Beyond “Luxury” you have “Ultra-Luxury” which generally is what the top 1% of the population can even think about affording.

CENTRAL COAST BY AREA

PISMO BEACH
The luxury market for Pismo Beach is primarily in the northern portion of Shell Beach, known as the Palisades and the Bluffs. The lots are larger and many of the homes have ocean views there are gated communities like the Bluffs where there are less than 20 homes, all with spectacular ocean views mainly $4M and above.

ARROYO GRANDE

Arroyo Grande has both City and County properties that consist of primarily larger homes that are on larger lots, some with ocean views, some in gated or golf communities, vineyards, and larger accessory structures for agriculture or other hobby-related activities that range in price from $2-4M.

GROVER BEACH

In Grover Beach, there are several areas with ocean views but mainly the luxury market here is larger homes, some new construction in the $1-2M range, and one area is the gated community of Mar Brisa.

OCEANO

Oceano is an interesting town, it is one of the most affordable California beach cities and has oceanfront properties which would be the luxury market here ranging from $1-3M. The beach community of Oceano is unincorporated so there is a community Services District vs. City government and amenities like an unmanned County airport for easy travel access for private commuter planes.

NIPOMO

The town of Nipomo is the southernmost town of the County with a luxury market ranging from $2-4M mainly comprised of larger homes on larger lots, acreage, vineyards, and multiple structures like barns, large garages, and workshops. There are two golf course communities, Black Lake and Trilogy that offer various levels of luxury in these communities.

SAN LUIS OBISPO

The city of San Luis Obispo is rich in its history, the center of the county affords a vast variety of luxury from $2-6M with a diversity of historic estates, agricultural use acreage, new modern custom homes, gated communities, country club lifestyle and architectural masterpieces.

AVILA BEACH

Avila Beach has been revitalized in the past 20 years as you can see in both the residential and commercial real estate. The luxury market ranges from $2-4M and mainly consists of new construction of homes with and without views, medium-sized homes averaging around 3000 square feet with smaller lots averaging around 6,000 square feet vs. Other areas in the county with much larger parcels in the same price range.

LOS OSOS

A rural community sometimes referred to as lower Morro Bay, the luxury market is from $1.5-3M and consists mainly of custom homes in a hillside community or bayfront properties primarily with spectacular views looking into Morro Bay.

MORRO BAY

A city rich in history and a globally well-known landmark, the Morro Rock, the luxury market here ranges from $1.5M-7M with the majority of the homes in the $1.5-2M range mainly consisting of newer built or remodeled homes overlooking the water or the Rock.

CAYUCOS

A big little town with no room to grow, the luxury market here ranges from $1.5M to 6M with the majority of the $3M+ properties being oceanfront. The $3M and below are a collection of newer, newly remodeled, and older homes mostly close to or with ocean views and small lots, occasionally a home on acreage comes available and sells in this price range.

CAMBRIA

A very romantic beach community with a luxury market that spans from $1.5M-6M with the majority of the properties $2.5M+ are oceanfront properties, the balance is a collection of custom homes mainly with ocean views or close proximity to the ocean with a few properties that will come up with acreage.

ATASCADERO

A diverse area primarily warmer in a climate with a luxury market from $1M-3.5M, only a handful of properties are over $2M and they usually are larger homes 4,000 square feet and larger on acreage. The bulk of the market is $1-2M consisting of all styles of homes newer and older primarily on 1-5 acres.

TEMPLETON

A town rich in history with a luxury market ranging from $1M to 5M, the $3-5M estates are usually larger properties with 30 to over 100 acres some with their own vineyards. The bulk of the luxury market is from $1.5-2.5M ranging from 2 to 50 acres primarily of newer homes with a few historic homes from time to time.

PASO ROBLES

Paso Robles is rich in vineyards and wine culture the luxury market here ranges from $1.5-10M, with the majority being between $1.5-2.5M of larger homes on larger lots, some with vineyards, agriculture, and views. Several of the upper ends has over 100 acres and homes over 6,000 square feet.

SANTA MARIA / ORCUTT

A very affordable luxury market with a lot of value for the money, Santa Maria is in Santa Barbara County about 30 minutes south of Pismo Beach. The luxury market ranges from $1-2M with the bulk in the lower one million range with an average home size of over 3,000 square feet on just under an acre with many that are newer construction.

Min. Price
Max. Price
Beds
Baths
5010 Cabrillo Cayucos, CA 93430
$18,250,000
2 Beds 2 | 2 Baths 2,296 SqFt Listing No. NS23158700 Property Type: House camera Virtual Tour camera (61) This listing is courtesy of David Crabtree Home & Ranch Sotheby's Intl (CA BRE # shown above if in IDX data)
Details
2135 Live Oak Rd Paso Robles, CA 93446
$15,500,000
5 Beds 0 | 6 Baths 5,258 SqFt Listing No. NS23231100 Property Type: House camera (71) This listing is courtesy of Carolyn McNairn RE/MAX Parkside Real Estate (CA BRE # shown above if in IDX data)
Details
615 Camino Vina Paso Robles, CA 93446
$15,000,000
3 Beds 4 | 1 Baths 7,275 SqFt Listing No. 24363255 Property Type: House camera Virtual Tour camera (29)
Details
3130 Oakdale Road Paso Robles, CA 93446
$12,995,000
5 Beds 4 | 1 Baths 5,738 SqFt Listing No. NS23102378 Property Type: House camera Virtual Tour camera (75) This listing is courtesy of Jenny Heinzen Vineyard Professional Real Estate (CA BRE # shown above if in IDX data)
Details
502 Pacific Avenue Cayucos, CA 93430
$12,800,000
4 Beds 4 Baths 6,250 SqFt Listing No. SC23195391 Property Type: House camera Virtual Tour camera (75) This listing is courtesy of Dale Kaiser Dale Kaiser Real Estate (CA BRE # shown above if in IDX data)
Details
333 Indio Drive Pismo Beach, CA 93449
$8,950,000
3 Beds 2 | 1 Baths 3,065 SqFt Listing No. PI23218903 Property Type: House camera Virtual Tour camera (73) This listing is courtesy of Joyce DeLine Cornerstone Modern Broker (CA BRE # shown above if in IDX data)
Details
500 Spanish Springs Drive San Luis Obispo, CA 93401
$8,500,000
3 Beds 2 Baths 1,672 SqFt Listing No. PI24027960 Property Type: House camera Virtual Tour camera (52) This listing is courtesy of Chris Richardson Richardson Sotheby's International Realty (CA BRE # shown above if in IDX data)
Details
4375 Rustic Way San Luis Obispo, CA 93401
$7,300,000
3 Beds 2 Baths 2,200 SqFt Listing No. NS24030817 Property Type: House camera Virtual Tour camera (75) This listing is courtesy of Dana Sidders Platinum Properties (CA BRE # shown above if in IDX data)
Details
307 Indio Drive Pismo Beach, CA 93449
$6,950,000
3 Beds 2 | 1 Baths 2,627 SqFt Listing No. PI23226519 Property Type: House camera Virtual Tour camera (70) This listing is courtesy of Joyce DeLine Cornerstone Modern Broker (CA BRE # shown above if in IDX data)
Details
2850 El Pomar Drive Templeton, CA 93465
$6,900,000
3 Beds 2 Baths 1,326 SqFt Listing No. NS23180147 Property Type: House camera Virtual Tour camera (69) This listing is courtesy of Gwen Severson RE/MAX Success (CA BRE # shown above if in IDX data)
Details
188 Seacliff Drive Pismo Beach, CA 93449
$5,950,000
3 Beds 3 | 1 Baths 3,670 SqFt Listing No. SC24056484 Property Type: House camera Virtual Tour camera (49) This listing is courtesy of Kristi Donati The Avenue Central Coast Realty, Inc. (CA BRE # shown above if in IDX data) Open House: Mar 29, 2024 10:15 AM - 12:45 PM
Details
51 S Ocean Avenue Cayucos, CA 93430
$5,800,000
6 Beds 1 | 6 Baths 3,748 SqFt Listing No. SC24035889 Property Type: House camera (52) This listing is courtesy of Frankie Ciano Ciano Real Estate, Inc. (CA BRE # shown above if in IDX data)
Details
price

$18,250,000

beds

2 2 Beds

baths

2 | 2 2 | 2 Baths

lot size

2,296 SqFt 2,296 SqFt

listing no.

NS23158700 Listing No. NS23158700

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (61)

This listing is courtesy of David Crabtree Home & Ranch Sotheby's Intl (CA BRE # shown above if in IDX data)

price

$15,500,000

beds

5 5 Beds

baths

0 | 6 0 | 6 Baths

lot size

5,258 SqFt 5,258 SqFt

listing no.

NS23231100 Listing No. NS23231100

property type

House Property Type: House

gallery photos

camera (71)

This listing is courtesy of Carolyn McNairn RE/MAX Parkside Real Estate (CA BRE # shown above if in IDX data)

price

$15,000,000

beds

3 3 Beds

baths

4 | 1 4 | 1 Baths

lot size

7,275 SqFt 7,275 SqFt

listing no.

24363255 Listing No. 24363255

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (29)

price

$12,995,000

beds

5 5 Beds

baths

4 | 1 4 | 1 Baths

lot size

5,738 SqFt 5,738 SqFt

listing no.

NS23102378 Listing No. NS23102378

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (75)

This listing is courtesy of Jenny Heinzen Vineyard Professional Real Estate (CA BRE # shown above if in IDX data)

price

$12,800,000

beds

4 4 Beds

baths

4 4 Baths

lot size

6,250 SqFt 6,250 SqFt

listing no.

SC23195391 Listing No. SC23195391

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (75)

This listing is courtesy of Dale Kaiser Dale Kaiser Real Estate (CA BRE # shown above if in IDX data)

price

$8,950,000

beds

3 3 Beds

baths

2 | 1 2 | 1 Baths

lot size

3,065 SqFt 3,065 SqFt

listing no.

PI23218903 Listing No. PI23218903

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (73)

This listing is courtesy of Joyce DeLine Cornerstone Modern Broker (CA BRE # shown above if in IDX data)

price

$8,500,000

beds

3 3 Beds

baths

2 2 Baths

lot size

1,672 SqFt 1,672 SqFt

listing no.

PI24027960 Listing No. PI24027960

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (52)

This listing is courtesy of Chris Richardson Richardson Sotheby's International Realty (CA BRE # shown above if in IDX data)

price

$7,300,000

beds

3 3 Beds

baths

2 2 Baths

lot size

2,200 SqFt 2,200 SqFt

listing no.

NS24030817 Listing No. NS24030817

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (75)

This listing is courtesy of Dana Sidders Platinum Properties (CA BRE # shown above if in IDX data)

price

$6,950,000

beds

3 3 Beds

baths

2 | 1 2 | 1 Baths

lot size

2,627 SqFt 2,627 SqFt

listing no.

PI23226519 Listing No. PI23226519

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (70)

This listing is courtesy of Joyce DeLine Cornerstone Modern Broker (CA BRE # shown above if in IDX data)

price

$6,900,000

beds

3 3 Beds

baths

2 2 Baths

lot size

1,326 SqFt 1,326 SqFt

listing no.

NS23180147 Listing No. NS23180147

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (69)

This listing is courtesy of Gwen Severson RE/MAX Success (CA BRE # shown above if in IDX data)

price

$5,950,000

beds

3 3 Beds

baths

3 | 1 3 | 1 Baths

lot size

3,670 SqFt 3,670 SqFt

listing no.

SC24056484 Listing No. SC24056484

property type

House Property Type: House

virtual tour

camera VIRTUAL TOUR

gallery photos

camera (49)

This listing is courtesy of Kristi Donati The Avenue Central Coast Realty, Inc. (CA BRE # shown above if in IDX data)

Open House: Mar 29, 2024 10:15 AM - 12:45 PM

price

$5,800,000

beds

6 6 Beds

baths

1 | 6 1 | 6 Baths

lot size

3,748 SqFt 3,748 SqFt

listing no.

SC24035889 Listing No. SC24035889

property type

House Property Type: House

gallery photos

camera (52)

This listing is courtesy of Frankie Ciano Ciano Real Estate, Inc. (CA BRE # shown above if in IDX data)

Based on information from CSMAR, CRMLS, and/or CLAW, and/or CRISNet MLS as of March 28, 2024 9:20 AM PT. The information being provided by CSMAR, CRMLS and/or CLAW and/or CRISNet MLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. Any information relating to a property referenced on this website comes from the Internet Data Exchange ('IDX') program of CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. Any information relating to a property, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. IDX powered by iHomefinder, Inc.
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS).
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