
Cayucos, California 93430
This rare oceanfront property represents a Strong Value Opportunity, listed at $3,495,000—positioned well below the $3,840,930 Fair Market Value by 9%. This valuation gap offers $345,930 in Instant Equity. Featuring a Condition Rating of 3, the home offers unobstructed panoramic ocean views, private beach access, and versatile guest quarters. This coastal Single Family Residence balances high-end lifestyle perks with significant financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, high-utility coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2850 Studio Subject | $3,495,000* List Price | 3 | 2 | 1,326 | $2,897 | - |
A 2234 Pacific Active | $3,950,000 List Price | 2 | 2 | 1,328 | $2,974 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1949, the property has been well-maintained and significantly updated. The kitchen features stainless steel appliances, granite countertops, and updated cabinetry, suggesting a renovation within the 5-15 year range. The interior shows move-in ready condition with wood flooring and architectural details, and the exterior structures like the private beach stairs and guest quarters appear functional and sturdy.
This rare two-lot parcel features 50 feet of ocean frontage and is situated closer to the bluff edge than neighboring homes, providing superior, unobstructed panoramic coastline and white-water views.
The property includes a set of private, finely crafted stairs that lead directly to a broad sandy beach, offering an exclusive and highly desirable coastal amenity.
In addition to the main residence, the property features separate guest quarters and a sheltered interior patio, providing excellent flexibility for hosting visitors or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1326, other record living area = 926. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,326 square feet of living space at a $3.495M asking price, the property represents a significant investment on a per-foot basis, which may deter buyers looking for a larger interior footprint.
The 1949 bluff-top construction and private beach stairs require ongoing maintenance and vigilance regarding coastal erosion and salt-air exposure, typical of high-end oceanfront real estate.
Rare oceanfront offering. This distinctive parcel comprises approximately 7,400± square feet, with 50 feet of ocean frontage and over 145 feet of depth. Situated closer to the bluff edge than neighboring residences, the property enjoys sweeping point-to-point coastline views and dramatic white-water vistas, enhanced by offshore rock formations. A set of finely crafted private stairs descends through an ice plant–covered bluff to a broad sandy beach below. The property includes a street-side two-car garage with additional storage, along with guest quarters, offering flexibility for visitors, extended family, or private accommodations. Beyond the garage is a sheltered interior patio well suited for container gardening, a spa, or outdoor entertaining. The main residence is accessed from the patio and opens into a full-width great room featuring vaulted ceilings, expansive glass, and an open-concept living, dining, and kitchen area. Wood flooring and detailed ceiling insets contribute warmth and architectural interest, while ocean views are enjoyed throughout the primary living spaces. The main living area includes a ceiling fan and a stackable washer/dryer discreetly located in a living room closet. The efficient kitchen is appointed with updated cabinetry and stainless steel appliances. The dining area is highlighted by an arched window and plank-style ceiling. The main residence offers two bedrooms with ample natural light, including one generously sized to accommodate twin beds, along with a full bathroom featuring a pedestal sink. A wide bluff-top patio extends from the living area and provides direct access to the private beach stairs. This rare oceanfront parcel, combined with private beach access, expansive views, and separate guest quarters, presents a truly unique coastal opportunity
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,326 | 1,893.235 |
| Lot Size | 7,000 | 3,694.059 |
| Price | $3.50M | $1.58M |
| Price per sq ft | $2.6K | $938 |
| Built year | 1949 | 1979 |
| HOA | $0 | $5.5K |
| Days on market | 40 | 97 |
Jul 31, 2026
$3,495,000
Initial Listing
Jun 12, 1998
$595,000
Public Record