29 20th, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 2 bath
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Cayucos, California 93430
This Licensed Short-Term Vacation Rental presents a Strong Value Opportunity, listed at $1,390,000—positioned well above the $1,291,256 Fair Market Value by 7%. While the property carries a Condition Rating of 4, its Licensed Short-Term Rental Permit and Attached Two-Car Garage provide immediate income potential in a prime coastal location. The functional, single-level floor plan offers a stable foundation for cosmetic modernization to increase long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey beach retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 20th Subject | $1,390,000* List Price | 3 | 2 | 1,153 | $1,076 | - |
A 21 12th Street Sold | $1,200,000 | 3 | 2 | 1,331 | $902 | 0.3 mi |
B 50 S 3rd Sold | $1,400,000 | 2 | 2 | 1,259 | $1,112 | 0.7 mi |
C 50 5th Street Active Under Contract | $1,575,000 List Price | 3 | 2 | 1,554 | $1,014 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is well-maintained but significantly dated. Visuals show popcorn ceilings, older wood cabinetry, and tile flooring likely over 20 years old. While functional and move-in ready as a vacation rental, the kitchen and interior finishes require modernization to meet current market standards.
Situated just steps from the beach and within walking distance to downtown Cayucos, the pier, and local dining, offering an ideal lifestyle for beach enthusiasts.
The property includes a rare, licensed short-term vacation rental permit, providing immediate revenue potential in a highly sought-after Central Coast destination.
Sold fully furnished and move-in ready, the home features a rare attached two-car garage and a functional single-level floor plan, maximizing convenience for owners or guests.
Despite its proximity to the shore, the property does not offer ocean or coastal views, which may be a disadvantage compared to other high-end listings in the area.
With only 1,153 square feet of living area and a 1972 build date, the home may feel compact for larger groups or those seeking more modern, expansive architectural features.
Charming Cayucos Beach Retreat | Licensed Short-Term Vacation Rental | Steps to the Sand - Rare opportunity to own a fully furnished, single-level beach home on one of Cayucos’ popular numbered streets — just steps to the beach and walkable to downtown, the pier, shops, and restaurants. This 3-bedroom, 2-bath home features a warm and inviting living room, a dining area adjoining a fully equipped kitchen with refrigerator, dishwasher, oven, and stove. All appliances are included. The functional floor plan places the primary suite centrally between two guest bedrooms, with generous walk-in closet spaces. The back patio is ideal for outdoor entertaining and relaxing, while the landscaped front yard and welcoming front porch add great curb appeal. Added bonus: an attached two-car garage — a rare find in this coastal community. Property is being sold fully furnished and move-in ready. Most notably, this home holds a licensed short-term-vacation-rental permit, offering immediate income potential in one of the Central Coast’s most desirable beach destinations. All furnishings (except for 2 sets of chests/credenza in primary suite), and appliances to convey. Buyer to verify all short-term-rental permit terms and conditions with the County.
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 | 1,153 | 1,597 | 14% |
| Lot Size | 3,750 | 3,875 | 50% |
| Price | $1.39M | $1.37M | 50% |
| Price per sq ft | $1.2K | $817 | 82% |
| Built year | 1972 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 191 | 9% |
May 11, 2026
$1,390,000
Initial Listing