
Cayucos, California 93430
Analysis of 1998 Circle, Cayucos, California 93430 is currently available with a list price of $998,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Cayucos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Originally built in 1953, this property has undergone significant recent cosmetic renovations including brand-new luxury vinyl plank flooring, all-new interior and exterior paint, and updated landscaping. The kitchen is functional with newer stainless steel appliances, and the electrical has been partially updated with a new panel for the workshop. While the bathroom retains a vintage pink tub, the home is well-maintained and move-in ready.
Situated west of Highway 1 on a quiet cul-de-sac just one block from the ocean, this property offers rare, walkable proximity to the beach and downtown Cayucos.
The home features a spacious back deck providing stunning coastline and water views, allowing for whale watching and a true coastal living experience.
Two detached bonus structures with electricity provide essential flexibility for a home office, creative studio, or guest accommodations, effectively expanding the property's utility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3000, other record lot size in square feet = 5743.
At only 525 square feet, the main living area is exceptionally compact, which may challenge buyers looking for a more traditional residential footprint.
The list price of $998,000 represents a premium investment for a 1-bedroom bungalow, potentially limiting the buyer pool to niche coastal investors or second-home seekers.
Nestled west of Highway 1 in one of the last true small beach towns on California's Central Coast, this charming 1-bedroom, 1-bathroom beach bungalow—with two detached bonus rooms—is brimming with opportunity. Located on a highly desirable, quiet cul-de-sac just over one block from the Pacific Ocean, you'll fall asleep to the sound of crashing waves and wake up to ocean views, salty sea breezes, and the chance to watch whales spout and breach from your own back deck. Thoughtful recent improvements enhance the home's timeless coastal charm, including restored and freshly painted original redwood siding, all-new interior paint, brand-new luxury vinyl plank flooring throughout, and updated low-maintenance landscaping. The spacious back deck is the perfect place to relax, enjoy spectacular sunsets, and take in the ever-changing ocean scenery. The home also features indoor laundry, an enclosed basement for added storage, and a detached bonus room with electricity—ideal for guests, a home office, or a creative studio. A newly constructed workshop with its own electrical panel offers endless possibilities for hobbies, surfboard storage, or future expansion. Just moments from downtown Cayucos, the historic pier, boutique shops, and local dining, this inviting property captures the essence of Central Coast beach living. Don't miss your opportunity to own a slice of the California coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 525 | 1,442.5 |
| Lot Size | 3,000 | 3,925 |
| Price | $998.0K | $1.56M |
| Price per sq ft | $1.9K | $966 |
| Built year | 1953 | 1968 |
| HOA | $0 | $0 |
| Days on market | 21 | 100 |
Jul 1, 2026
$998,000
Initial Listing
Oct 29, 2002
$95,000
Public Record
Mar 26, 2002
$525,000
Public Record
Jun 23, 2000
$250,000
Public Record