3166 Shearer Avenue, Cayucos, California 93430, Cayucos, 93430 - 4 bed, 3 bath
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Cayucos, California 93430
This Coastal Multi-Level Residence serves as a Customizable Seaside Retreat listed at $1,649,500, offering price stability at its $1,649,500 Fair Market Value. While maintaining a Condition Rating of 4, the well-maintained 1997 structure provides a significant opportunity for forced appreciation through cosmetic interior updates. The property features Panoramic Ocean Views of Estero Bay, a private Elevator, and a versatile Shop/Studio within the Coast Unified School District. This is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or Value-Add Buyers looking to build equity in a premium location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3166 Shearer Avenue Subject | $1,649,500* List Price | 4 | 3 | 2,674 | $617 | - |
A 60 Rapf Avenue Sold | $1,200,000 | 2 | 2 | 1,802 | $666 | 0.3 mi |
B 3486 Davies Avenue Active Under Contract | $1,275,000 List Price | 3 | 2 | 2,162 | $590 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the home is exceptionally well-maintained and move-in ready, but remains largely in its original state. The kitchen and bathrooms feature 1990s-era white tile countertops, dated cabinetry, and older white appliances. While the property includes premium features like an elevator and newer windows, the overall aesthetic and major systems are nearing 30 years old without a comprehensive modern renovation, placing it firmly in the 'fair' category based on age and style.
The top-floor living area features vaulted ceilings and wall-to-wall windows that showcase breathtaking views of Estero Bay, Morro Rock, and the Cayucos Pier.
The home offers exceptional flexibility with three levels connected by an elevator, featuring a massive finished flex-room and a dedicated turnkey shop/studio.
The expansive primary ensuite is conveniently located on the main living level and includes a soaker tub, large walk-in closet, and an integrated laundry room.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2800, living area = 2674.
At 2,800 square feet, the lot is relatively small for the home's size, resulting in limited yard space for those seeking extensive outdoor grounds.
Built in 1997, the property is marketed as an opportunity to customize, suggesting that some interior finishes may require modernization to meet contemporary tastes.
This impressive 4BD/2.5BA home in south Cayucos has an extraordinary layout and offers a rare opportunity to customize your dream beach retreat. It stands out with boundless entertaining and living possibilities for indoor and outdoor enthusiasts alike with majestic views, unique living spaces, and rare, custom features throughout the its three levels, all connected via wide staircases or a quiet elevator ride. The expansive main living area on the top floor features vaulted ceilings and wall-to-wall windows that showcase the stunning ocean views of Estero Bay from Morro Rock to the Cayucos Pier and beyond. The kitchen has lots of counter space and storage, a cute breakfast nook, and large island with an adjacent dining room overlooking the ocean or mosey outside to the wide upper deck to relax during the gorgeous sunsets. Throughout the comfortable open living area you’ll find beautiful custom built-ins plus a cozy fireplace. Off the living room is the large primary bedroom ensuite with soaker tub, shower, double vanity, extra large walk-in closet, second closet, and laundry room. On the lower level you will find an enormous finished flex-room to jolt your imagination, to use as a second living area, media room, game room, or more. Plus, hobbyists, collectors, and makers will instantly recognize the utility of the turnkey shop/studio. There are three additional large bedrooms on the main entry level, all with good closet space, partial ocean views, and a full bathroom. There are newer windows throughout, recently upgraded garage doors, an intercom system, and internal vacuuming outlets. And the large 2-car garage offers lots of built-in custom storage and automatic doors to store your four-wheeled beauties. A small entry patio and lower yard area ensures low-maintenance landscaping needs year-round. Conveniently located just a few minutes to downtown shopping and restaurants, stunning beaches, and numerous activities throughout San Luis Obispo County. Bring your creative ideas…this is a truly inspirational opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,674 | 1,643.5 | 85% |
| Lot Size | 2,800 | 3,541 | 40% |
| Price | $1.65M | $1.32M | 65% |
| Price per sq ft | $617 | $815 | 20% |
| Built year | 1997 | 1975 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 259 | 227 | 65% |
Mar 6, 2026
$1,649,500
$1,749,500
-6% Price Drop
Initial Listing
Feb 26, 2026
$1,749,500
Initial Listing
Aug 6, 2025
$1,849,500
Initial Listing