
Cayucos, California 93430
This Oceanfront Residential Asset is a High-Potential Investment Opportunity, listed at $3,950,000—positioned above the $3,442,099 Fair Market Value. While priced at a premium, the property features a Good Condition Rating and an active Short-Term Rental License, providing immediate income potential. Highlights include a private bluff deck, updated kitchen, and panoramic ocean views. This property balances coastal lifestyle with investment utility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating retreat in a highly regulated market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2234 Pacific Subject | $3,950,000* List Price | 2 | 2 | 1,328 | $2,592 | - |
A 2678 Studio Active | $3,275,000 List Price | 3 | 2 | 1,518 | $2,157 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1957, the property has undergone significant updates including a modern kitchen with new appliances and sleek countertops, updated windows, and a tankless water heater. The home is well-maintained and move-in ready, though some areas like the bathrooms show older tile work consistent with a 'Good' rather than 'Excellent' rating.
Situated on the bluffs of Cayucos, the property offers unobstructed Pacific views and a private bluff deck, providing a premium coastal living experience.
The property is an active vacation rental with a short-term rental license, offering immediate income potential and investment flexibility in a highly regulated coastal market.
Features an updated kitchen with a center island and new appliances, along with updated windows and a tankless water heater, blending modern convenience with beachside charm.
With a list price of $3.95 million for 1,328 square feet, the property carries a significant premium that reflects land value over interior living space.
The two-bedroom layout may restrict appeal for larger families or groups, potentially limiting the pool of prospective buyers compared to larger coastal estates.
Welcome to 2234 Pacific Avenue, an inviting oceanfront retreat perched on the bluffs of Cayucos, where sweeping Pacific views and effortless indoor outdoor living come together. Currently operating as an active vacation rental with a short term rental license, this property offers wonderful flexibility for personal enjoyment or investment. Set on an extra wide 4,700 square foot lot, this single level 2 bedroom, 2 bath home offers expansive ocean views, a private bluff deck, and a sunny, sheltered courtyard patio. A wall of windows brings the beauty of the coastline into the living space, while the bluff deck provides the perfect setting for sunsets and the soothing sound of crashing waves. The updated kitchen features a generous center island, sleek countertops, contemporary cabinetry, and new appliances. Updated windows fill the home with natural light while enhancing comfort. Additional highlights include a cozy fireplace, tankless water heater, spacious bedrooms, and an extra deep two car garage with plenty of room for beach gear, surfboards, kayaks, and storage. A true Cayucos treasure, where ocean views, sunshine, and laid back beach town living are right outside your door
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,328 | 1,893.235 |
| Lot Size | 4,700 | 3,694.059 |
| Price | $3.95M | $1.58M |
| Price per sq ft | $3.0K | $938 |
| Built year | 1957 | 1979 |
| HOA | $0 | $5.5K |
| Days on market | 26 | 97 |
Aug 14, 2026
$3,950,000
Initial Listing
Aug 14, 2014
$240,000
Public Record
Feb 24, 2012
$116,000
Public Record