
Oceano, California 93445
This Turnkey Beachfront Residence is a Strong Value Opportunity, listed at $2,795,000—positioned well below the $3,042,313 Fair Market Value by 8%. This valuation gap offers $247,313 in Instant Equity. Featuring unobstructed panoramic ocean views, expansive upper decks, and a turnkey condition rating of 3, the property serves as a high-yield rental asset. Located in the Lucia Mar Unified district, this rare corner-lot home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking premier coastal living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1612 Strand Subject | $2,795,000* List Price | 4 | 3 | 2,336 | $1,302 | - |
A 1839 Strand Way Active | $2,595,000 List Price | 3 | 2 | 1,850 | $1,403 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980, the property is well-maintained and presented as a turnkey investment. While the architectural style and some interior fixtures show their age, the home appears functional and move-in ready with no visible structural defects, suggesting consistent maintenance or updates within the last 15 years.
Situated on a rare corner lot with 'one step to the sand' access and only one neighboring structure, offering unparalleled proximity to the beach and enhanced privacy.
Features unobstructed, 'forever' views of the Pacific Ocean, coastline, and dunes, maximized by walls of glass and multiple expansive outdoor living spaces.
The property is sold fully furnished with a proven track record of verifiable rental income, making it an ideal ready-to-use secondary residence or high-yield investment.
Originally built in 1980, the property may require ongoing and potentially costly maintenance to mitigate the long-term effects of salt air and coastal weathering on the structure.
With a list price significantly higher than its 2021 sale price of $1.7M, the property carries a substantial premium that may impact appraisal values or investor ROI expectations.
Coastal Perfection at 1612 Strand Way—experience the pinnacle of beachfront living in this rare 'one step to the sand' residence. Situated on a premier 3,500 sq. ft. corner lot adjacent to open beach access, this home boasts unobstructed, 'forever' views spanning from the north to south and the majestic Pacific horizon to the west. Walls of glass seamlessly integrate the interior with the coastal landscape, framing sea views and sweeping dune panoramas. Multiple outdoor living areas, including an expansive upper deck and private primary bedroom balcony, extend the living space to maximize the elevated vantage points and scenic vistas. With only one neighboring structure, enjoy an unmatched sense of privacy while watching whales, dolphins, and world-famous sunsets from your private gallery. Fully furnished and turnkey, this property offers outstanding verifiable income as a premier investment. Rarely does a home of this caliber and proximity become available—secure your piece of the Central Coast today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 80% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,336 | 1,351.5 | 95% |
| Lot Size | 3,500 | 4,297.5 | 40% |
| Price | $2.79M | $772.5K | 95% |
| Price per sq ft | $1.2K | $582 | 95% |
| Built year | 1980 | 1987 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 171 | 5% |
May 2, 2026
$2,795,000
Initial Listing
Feb 22, 2021
$1,700,000
Public Record