33 23rd, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 3 bath
33 23rd
Cayucos, California 93430
Property Price
SUMMARY
Analysis of 33 23rd, Cayucos, California 93430 reveals a property with a current list price of $1,995,000, which is 8% above the estimated $1,838,360 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33 23rd Subject | $1,995,000* List Price | 3 | 3 | 1,397 | $1,316 | - |
A 10 11th Street Sold | $1,975,000 | 2 | 2 | 1,612 | $1,225 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2002, this property is well-maintained and move-in ready, currently serving as an active vacation rental. The home features modern architectural elements such as vaulted ceilings and expansive glass to maximize ocean views. The kitchen is described as well-appointed with quality countertops and distinctive details, suggesting it has been updated or kept in high-quality condition. While the structure is 23 years old, its status as a rental and the description of its 'finely crafted' features indicate minimal wear and tear and functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- Active Vacation Rental License
The property currently holds a vacation rental license, offering immediate income potential and a rare advantage in a coastal market where such permits are often capped or restricted.
- Prime Coastal Location
Situated on the highly desirable numbered streets of Cayucos with convenient beach access at 24th Street, the home provides an ideal setting for beach-centric living.
- Modern Architectural Features
Built in 2002, the residence boasts vaulted ceilings, expansive glass areas, and multiple decks that enhance the sense of space and maximize the indoor-outdoor coastal experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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 = 2567.
- High Price Per Square Foot
At a listing price of $1,995,000 for 1,397 square feet, the property carries a premium price tag of approximately $1,428 per square foot, which may be a hurdle for value-conscious buyers.
- Partial Ocean Views
While the property offers ocean views, several vantage points are described as 'peeks,' which may not meet the expectations of buyers seeking unobstructed, panoramic horizon vistas.
About 33 23rd
Located near the beach on desirable numbered streets, this ocean-view property offers an articulated silhouette with multiple decks, a sheltered entry, and an ample driveway providing extra parking. The property currently holds a vacation rental license, making it ideal for both personal enjoyment and income potential. A finely crafted entry door opens to a welcoming foyer with access to the garage and lower-level living areas. The garage includes washer and dryer hook-ups. The lower level features three bedrooms and two full bathrooms. One bedroom enjoys a street-facing window with a peek of the ocean, while another includes a sliding door to the rear yard. The upper level boasts vaulted ceilings, expansive glass areas, ocean views, and a convenient half bath. The well-appointed kitchen offers ample storage, quality countertops, and distinctive ceiling details. The living area includes a fireplace and additional ocean-view windows. A rear patio provides north-facing views and a peek of the ocean. An easy-care yard and nearby beach access at 24th Street complete this coastal offering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,397 | 1,643.5 | 30% |
| Lot Size | 3,000 | 3,671 | 35% |
| Price | $2.00M | $1.38M | 70% |
| Price per sq ft | $1.4K | $838 | 85% |
| Built year | 2002 | 1978 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 230 | 5% |
Pricing History
Listed for Sale
Dec 25, 2025
$1,995,000
Initial Listing
Sold
Jul 12, 2002
$659,500
Public Record
Sold
Jan 17, 2001
$490,000
Public Record
Sold
Jul 28, 1997
$225,000
Public Record