
Cayucos, California 93430
This coastal cottage presents a Strong Value Opportunity with a List Price of $799,000—positioned well below the $852,107 Fair Market Value by 6%. This valuation gap offers $53,107 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property offers durable cinder block construction and Coastline and Ocean Views. While the detached garage requires TLC, the location near Studio Drive provides significant long-term potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 110 Chaney Subject | $799,000* List Price | 2 | 1 | 825 | $1,033 | - |
A 3437 Shearer Avenue Active | $849,000 List Price | 2 | 1 | 728 | $1,166 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this cinder block cottage is functional and move-in ready but significantly dated. While it features some cosmetic updates like newer laminate flooring in bedrooms, the original block construction, older built-ins, and the listing's note that the garage needs 'TLC' place it in the fair category requiring modernization.
The property is ideally situated just across Highway 1 from Studio Drive beach access, making it a perfect beach cottage for coastal living or vacationing.
Residents can enjoy beautiful blue water, coastline, and mountain views, which adds significant aesthetic appeal and investment value to the home.
The cinder block construction is specifically noted for its effectiveness in the coastal climate, offering better durability and lower maintenance against salt air.
The detached garage is noted as needing 'TLC,' suggesting immediate deferred maintenance and additional renovation costs for the buyer.
At only 825 square feet with a single bathroom, the compact footprint may be restrictive for full-time residents or those requiring more modern, spacious accommodations.
Great location for this Cayucos beach cottage. Just across highway one from a Studio Drive beach access. Ready for full time living or an easy care vacation home. The cinder block construction works well in this coastal climate. Blue water views and an efficient floor plan with 2 bedrooms and 1 bathroom and large kitchen. The back yard is a blank canvas and very private.The detached garage has laundry hookups, but needs some TLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 825 | 1,442.5 |
| Lot Size | 2,800 | 3,925 |
| Price | $799.0K | $1.56M |
| Price per sq ft | $968 | $966 |
| Built year | 1960 | 1968 |
| HOA | $0 | $0 |
| Days on market | 7 | 100 |
Jul 15, 2026
$799,000
Initial Listing