Reduced over $200,000, this 7 bed coastal compound in Cayucos delivers a rare turnkey opportunity for multigenerational living and an elevated beach lifestyle just half a block from the sand. 31 and 33 North 3rd Street features two fully renovated detached homes on a 7,544 square foot lot, designed for flexibility, privacy, and effortless coastal living. Completely reimagined with high end finishes and cohesive design throughout, this property stands out as one of the most compelling offerings near the Cayucos shoreline. Entertain, host, and enjoy with one of the largest rooftop decks in the area, a 40 foot glass enclosed space designed to capture ocean views, including Morro Rock, and create a true indoor outdoor experience. The front residence at 31 North 3rd Street offers four bedrooms and three bathrooms and was taken approximately 80 percent down to the studs and rebuilt with new plumbing, electrical, heating, and major systems. The home features a new roof, new windows, new flooring, and a redesigned kitchen with Taj Mahal quartzite countertops, a Bosch appliance suite with dual fuel range, and a custom wine and coffee bar with wine refrigerator. Three newly built bathrooms and two laundry centers add comfort and convenience. Ocean views are enjoyed from the kitchen island, living and game room, and multiple outdoor spaces. The second residence at 33 North 3rd Street offers three bedrooms and one bathroom, fully renovated with a new kitchen featuring matte porcelain slab countertops, Master Craft cabinetry, and GE Profile appliances. Additional upgrades include a new bathroom, new windows, new flooring, updated plumbing and lighting, an attached garage with coated floor, private outdoor space, and a dedicated laundry center. Both homes benefit from new landscaping, irrigation, concrete hardscape, fencing, drainage improvements, sewer line scope and scrub, and Section One clearance, creating a truly turnkey experience. With separate utilities and strong layout flexibility, this property supports multigenerational living, guest accommodations, or income potential from either residence. Zoned residential and guest house may be eligible for potential short term rental and would need a Minor Use permit and approval with the County, subject to buyer verification with San Luis Obispo County.
Bedrooms
7
Bathrooms
4
Square Feet
3,110
Lot Size
7,544 sqft
Year Built
1966
Property Type
Single Family Residence
Days on Market
285
HOA Fee
N/A
Garage Total
2
MLS #
SC25146106
Interior Features
Breakfast Bar, Separate Formal Dining Room, Eat In Kitchen, In Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Bedroom On Main Level, Instant Hot Water, Primary Suite, Walk In Pantry, Walk In Closets
Flooring
Laminate, Vinyl
Fireplace
Electric, Living Room
Accessibility
Safe Emergency Egress From Home
Appliances
Dishwasher, Energy Star Qualified Appliances, Electric Oven, Electric Range, Free Standing Range, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water To Refrigerator, Dryer, Washer
Laundry
Electric Dryer Hookup, In Garage, Stacked, Upper Level
Main Level Master
Yes
Heating
Central, Natural Gas
Patio & Porch
Rear Porch, Concrete, Deck, Enclosed, Front Porch, Open, Patio, Porch, Rooftop, Wood, Wrap Around
Security
Smoke Detectors
Construction
Wood Siding
Foundation
Slab
Roof
Composition, Shingle
Direction Faced
South
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Based on price, location, and features
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