Market Research Report: 226 Oak View Dr

Background

226 Oak View Dr is a residential property located in Avila Beach, California. The property is situated within the San Luis Bay Estates community, known for its scenic views and upscale residences. The home was rebuilt from the ground up, offering modern amenities and high-quality finishes.

Property Overview

Address: 226 Oak View Dr, Avila Beach, CA 93424

MLS Number: SC1064591

Listing Price: $826,000

Bedrooms: 3

Bathrooms: 2

Living Area: 1,968 sq ft

Lot Size: 0.26 acres

Year Built: 1978 (Rebuilt)

Key Features

Location: Premium location within San Luis Bay Estates, offering panoramic views of the hills, ocean, and valley.

Interior: Gourmet kitchen with limestone countertops and a cutting board island; equipped with Dacor, Bosch, and Wolf appliances.

Flooring: ¾-inch Hickory floors throughout the home.

Lighting: Whole-house LED lighting with seven venting skylights.

Exterior: Hardy Board exterior with a two-year-old roof and new foundation.

Systems: New electrical, plumbing, insulation, furnace, and ducting.

Decking: Mangeris decking installed.

Market Analysis

The property is located in San Luis Obispo County, which has experienced a steady real estate market with increasing property values. Avila Beach, in particular, is a desirable location due to its coastal views and proximity to amenities. The median home price in the area is approximately $900,000, indicating that this property is competitively priced within the local market.