987 Allesandro | Morro bay

Official Just Sold Market Update


This update is exclusively for nearby homeowners and is not publicly published.

 
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 Final Sale Summary

  • Listed For: $900,000

  • Sold For: $925,000

  • Days on Market: 1

 

Why This Sale Matters

The sale of 987 Allesandro establishes a new, relevant comparable that will influence nearby home values, buyer expectations, and appraisal outcomes over the next 6–12 months.

Sales like this directly affect:

  • Price-per-square-foot ranges used by appraisers and agents

  • Buyer psychology around what the market will support

 

How This Sale Was Achieved

Strategic Repositioning

When we took over the listing, the home had previously been on the market for over 100 days with no offers.

The issue wasn’t the property itself—it was pricing, preparation, and presentation.

The previous list price was not supported by comparables and did not account for the mixed residential/commercial neighborhood dynamics. The home was also cluttered, partially unfinished in areas, and lacked inspections or disclosures. Marketing consisted of dark cell phone photos and no targeted outreach.

Rather than relist it unchanged, we repositioned it entirely.

This mattered for three reasons:

  • Buyer confidence was low

  • The home’s unique dual-living flexibility was not clearly framed

  • The first impression did not match the value

Correcting these fundamentals changed the trajectory.

Property Preparation & High-ROI Improvements

Before relaunching, we focused only on improvements that would materially impact showings and marketing.

We completed:

  • Full interior decluttering and deep cleaning

  • Tenant coordination to remove excess belongings

  • Removal of an awkward bathroom connecting door

  • Removal of exterior washer/dryer units that detracted visually

  • Conversion of side yard space into a functional outdoor living area

  • Concrete painting and simple outdoor staging

  • Completion of unfinished exterior paint sections

  • Removal of a vehicle from the driveway

  • Minor repairs identified during inspection

These were not cosmetic overhauls.
They were strategic clarity improvements.

The result: buyers walked into a clean, cohesive, well-positioned property.

Removing Uncertainty Before It Starts

Before going live, we completed:

  • Home inspection

  • Pest inspection

  • Full seller disclosures

  • Preliminary title report

  • Natural Hazard Disclosure

All documentation was packaged into a buyer-facing disclosure file and linked digitally through the property website.

Providing transparency upfront accomplished three things:

  1. Reduced hesitation

  2. Shortened inspection timelines

  3. Eliminated renegotiation risk

Buyers wrote strong offers because there were fewer unknowns.

Professional Presentation & Targeted Marketing

We launched with:

  • Professional photography (full room coverage, proper lighting)

  • Property website with QR-linked access to disclosures

  • Printed buyer informational guide at showings

  • Agent-to-agent outreach via calls and targeted emails

  • Office exposure and brokerage amplification

  • Social media across personal and Sotheby’s platforms

  • Targeted digital ads

  • Retargeting focused on Central Valley buyers

  • Postcard campaign

  • Full online syndication

    The key shift:
    The property was framed correctly—as a flexible coastal asset that could function as either a 4-bedroom home or a dual-unit configuration.

That positioning created urgency.

The Result

Offer received on Day One
$25,000 over list price
Strong terms
Short inspection contingency
Smooth escrow with no renegotiation

This sale demonstrates a simple principle:

Homes don’t sit because of the market.
They sit because of mispricing, poor preparation, and weak positioning.

When those variables are controlled strategically, leverage shifts immediately.

 

Get Your Personalized Market Impact Report

If you’d like a private update on what your home could sell for based on this recent sale, I’m happy to prepare a Market Impact Report tailored to your property.