
Cayucos, California 93430
This Versatile Coastal Residence is a High-Potential Investment Opportunity, listed at $1,395,000—positioned well below the $1,457,249 Fair Market Value by 4%. This valuation gap offers $62,249 in Instant Equity for buyers. While the home holds a Condition Rating of 4, its 1971 original state provides significant upside for modernization. Featuring Ocean and Pier Views and a separate lower-level entrance, the property offers excellent rental or multi-generational potential within the Coast Unified district. It is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 180 G Subject | $1,395,000* List Price | 3 | 2 | 2,016 | $723 | - |
A 191 J Street Active | $1,397,000 List Price | 3 | 3 | 1,805 | $774 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the home is well-maintained but remains largely in its original or aged state. The kitchen features dated wood cabinetry, tiled countertops, and older white appliances, while the interior shows popcorn ceilings, older wall-to-wall carpeting, and vintage linoleum flooring. While functional and livable, the property requires significant cosmetic and system updates to meet modern standards.
The property offers stunning, multi-directional views of the Pacific Ocean, the Cayucos Pier, and the surrounding hills from both living levels and expansive decks.
The lower level features separate exterior access, two bedrooms, and a bathroom, providing an ideal setup for a guest suite, rental opportunity, or multi-generational living.
Located on a desirable 'Letter Street,' the home is within close proximity to the downtown business area and local beaches, offering a high-demand coastal lifestyle.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2000, living area = 2016.
Built in 1971, the property likely requires modernization and cosmetic updates to meet current luxury standards and improve energy efficiency.
With a 2,000-square-foot lot for a 2,016-square-foot home, the building-to-land ratio is high, resulting in limited private outdoor space for recreation or gardening.
Unique Letter Street Home offers many options. The two-story design provides quality views of the ocean, pier and ever changing hills. Business area isn’t far. Lower level includes an oversized two-car garage, two large bedrooms and bath. Downstairs can be accessed from the exterior and presents many options for separate living space. There is also an inside stairway to access the upper main living area. The upper level serves up special ocean and town views and expansive decks for those special times. The spacious great room includes efficient view kitchen. A full bath is near and there are two large bedrooms. The west bedroom displays vivid coastal views. There’s an ample rear yard for future plans and an extra wide driveway for guests. Lots to like in the basics and many ideas to explore.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,016 | 1,643.5 | 65% |
| Lot Size | 2,000 | 3,541 | 10% |
| Price | $1.40M | $1.32M | 55% |
| Price per sq ft | $692 | $815 | 30% |
| Built year | 1971 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 204 | 5% |
Apr 6, 2026
$1,395,000
Initial Listing