1124 S Ocean Avenue, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 3 bath
Loading property details...
Cayucos, California 93430
This Single Family Residence represents a Strong Value Opportunity, listed at $1,575,000—positioned effectively at its $1,574,461 Fair Market Value. While the home maintains a Condition Rating of 4, its prime location west of Highway 1 offers immediate beach access and Ocean Views. The 1,820 sqft reverse floor plan provides a functional layout, though the original 1980s finishes invite modernization to maximize long-term appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle project in Cayucos.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 S Ocean Avenue Subject | $1,575,000* List Price | 3 | 3 | 1,820 | $865 | - |
A 879 Saint Mary Avenue Sold | $1,350,000 | 3 | 2 | 1,639 | $824 | 0.1 mi |
B 21 12th Street Sold | $1,200,000 | 3 | 2 | 1,331 | $902 | 0.1 mi |
C 50 5th Street Sold | $1,575,000 | 3 | 2 | 1,554 | $1,014 | 0.3 mi |
D 50 S 3rd Sold | $1,400,000 | 2 | 2 | 1,259 | $1,112 | 0.4 mi |
E 180 G Pending | $1,349,000 List Price | 4 | 2 | 2,016 | $669 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this 44-year-old home is in mostly original condition. The kitchen and bathrooms are highly dated, featuring original tile countertops, older appliances, and 1980s fixtures. While the property appears well-maintained and functional, it requires significant cosmetic updates and modernization of systems and finishes to meet current standards.
Situated on the west side of Highway 1, the property offers immediate access to the beach via 10th and 12th Streets and is within walking distance to downtown Cayucos and the Historic Pier.
The upper-level main living area and spacious deck provide desirable ocean views, a key value driver for coastal real estate that enhances the home's appeal as a beach retreat.
The 1,820 sqft layout features a light-filled upper level for living and the primary suite, maximizing views while providing a two-car garage and ample storage on the lower level.
Built in 1980, the home may require cosmetic or systems updates to meet the modern luxury standards expected by buyers at the $1.5M+ price point.
With a 4,000 sqft lot, the property offers minimal yard space, which may be a drawback for buyers seeking significant private outdoor areas or gardening opportunities.
Charming 3 bedroom, 2.5 bathroom home on the west side of Coast Highway 1 and Ocean Avenue in the heart of Cayucos, just moments from beach access at the bottom of both 10th and 12th Streets. Enjoy ocean views, a two car garage, and an inviting floor plan designed for comfortable coastal living. The lower level features two bedrooms, a full bathroom, a dedicated laundry room, and ample storage. Upstairs, you’ll find the light filled main living area, a spacious deck with ocean views, a full bathroom, a convenient powder room, and a primary suite complete with a walk in closet. Thoughtful design and an easy flowing layout make this home ideal for everyday living or a relaxing beach retreat. Enjoy the short distance to downtown, the Historic Cayucos Pier, local shops, restaurants, and everything this wonderful beach town has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,820 | 1,442.5 |
| Lot Size | 4,000 | 3,925 |
| Price | $1.57M | $1.56M |
| Price per sq ft | $865 | $966 |
| Built year | 1980 | 1968 |
| HOA | $0 | $0 |
| Days on market | 13 | 100 |
Jul 9, 2026
$1,575,000
Initial Listing