Pismo Beach Homes Under $1 Million: Where Views, Lifestyle, and Value Meet

If you're looking for homes in Pismo Beach under $1 million, you're not limited to fixer-uppers or inland neighborhoods. There are several standout options offering ocean views, walkability, or proven rental income—making them attractive to a variety of buyers.

Let's break down the best homes currently available in this price range, each offering a different type of value.

781 Panorama Drive – Pure View Value at $995,000

• 2 bedrooms, 2 baths, 1,138 sqft
• Panoramic ocean and dune views from a corner lot
• Low-maintenance outdoor space, open floor plan

This is the best pick for buyers wanting the biggest view for the least money. The floor plan is simple and all about maximizing the ocean views. It's ideal for downsizers, second-home buyers, or anyone who prioritizes view and lifestyle over interior space. For under $1M, it delivers what many higher-end homes can't—a dramatic, sweeping vista.

360 Stimson Avenue – Downtown Vacation-Ready Condo at $938,000

• 2 bedrooms, 1.5 baths, 1,161 sqft
• Located two blocks from the ocean and pier
• Zoned for vacation rental, proven income history

If you're looking for a turnkey vacation rental or second home, this is the best pick. It's been a successful vacation rental in the heart of downtown Pismo, walkable to restaurants, shops, and the beach. Lower maintenance makes it easy to lock and leave. The HOA fee covers exterior upkeep, making this one of the most hassle-free ownership options near the beach.

105 Joyce Way – Family-Friendly Starter at $849,000

• 3 bedrooms, 2 baths, 1,364 sqft
• Toucan Terrace community with park, trails, and clubhouse
• Ocean views from upstairs bedroom

This is the best value for first-time Pismo Beach buyers or families. With a community setting, walkability to parks and trails, and a smart floor plan with primary bedroom on the main floor, it balances price, space, and location. The ocean peek upstairs is a bonus, while the overall package makes it the most approachable single-family home in Pismo under $900K.

Bottom Line:

• Best for View Seekers: 781 Panorama Dr
• Best for Investors or Low-Maintenance Buyers: 360 Stimson Ave
• Best for Entry-Level or Families: 105 Joyce Way

Each home offers a different slice of the Pismo Beach lifestyle without crossing the million-dollar threshold. Whether you're after views, rental income, or a place to call home, these properties offer smart entry points into one of California’s most desirable coastal markets.