
Cayucos, California 93430
This property presents a Strong Value Opportunity with a List Price of $1,799,000—positioned well below the $1,910,038 Fair Market Value by 5%. This valuation gap offers $111,038 in Instant Equity for the next owner. Featuring a Fair Condition Rating and an established, turnkey vacation rental operation, the home offers immediate income potential. With panoramic ocean views and multiple decks, this is a Buy-and-Hold Investor asset or a second-home buyer retreat seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33 23rd Street Subject | $1,799,000* List Price | 3 | 3 | 1,397 | $1,367 | - |
A 29 20th Sold | $1,470,000 | 3 | 2 | 1,153 | $1,275 | 0.1 mi |
B 57 17th Street Active | $1,700,000 List Price | 3 | 1 | 1,260 | $1,349 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old and appears to retain its original finishes, including oak cabinetry and dated carpeting. While the listing describes it as a turnkey, well-maintained vacation rental, the age of the systems and interior aesthetics fall into the >20 year 'Fair' category, suggesting a need for modern updates.
The property is a licensed, fully furnished vacation rental with an established 5-star track record and professional management, offering immediate income potential for the next owner.
Situated on a quiet numbered street just steps from beach access, the home offers stunning ocean views and a serene environment free from highway noise.
Featuring vaulted ceilings, skylights, and expansive windows, the upper-level living space is flooded with natural light and seamlessly connects to multiple outdoor decks.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1397, other record living area = 1040.
The 3,000-square-foot lot is relatively compact, which limits private outdoor yard space and expansion possibilities compared to other single-family residences.
At nearly $1.8 million for 1,397 square feet, the property commands a significant premium, reflecting its turnkey rental status and coastal proximity rather than interior volume.
Licensed Vacation Rental | Ocean Views | Steps to the Beach! A rare opportunity to own a fully furnished coastal home on one of Cayucos’ desirable numbered streets, just moments from the sand and beach access at 24th Street. Set in a very quiet neighborhood with no highway noise, this is a place where you can hear the ocean waves at night and truly enjoy the coastal setting. This 3-bedroom, 2.5-bath property offers ocean views, multiple outdoor spaces, and an existing short-term vacation rental license, making it ideal for both personal use and income potential. The property is an established Airbnb and VRBO with a history of 5-star guest ratings and is already professionally managed by Beachside Rentals, offering a truly turnkey, hands-off opportunity for the next owner. The home is being sold fully furnished and includes linens, kitchenware, and the essentials needed to continue operating as a vacation rental. The lower level features three bedrooms and two full bathrooms, including one bedroom with direct access to the rear yard. Upstairs, vaulted ceilings, skylights, and expansive windows create abundant natural light while showcasing ocean views. The kitchen offers generous storage and counter space and opens to the living area with a fireplace and access to multiple decks and outdoor spaces. Additional highlights include an attached garage with washer and dryer hookups, ample driveway parking, an easy-care yard, and convenient access to the beach, downtown Cayucos, the pier, shops, and restaurants. A rare fully turnkey coastal property with an established vacation rental operation, professional management, furnishings, and rental infrastructure already in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,397 | 1,893.235 |
| Lot Size | 3,000 | 3,694.059 |
| Price | $1.80M | $1.58M |
| Price per sq ft | $1.3K | $938 |
| Built year | 2002 | 1979 |
| HOA | $0 | $5.5K |
| Days on market | 12 | 97 |
Aug 28, 2026
$1,799,000
Initial Listing
Jul 12, 2002
$659,500
Public Record
Jan 17, 2001
$490,000
Public Record
Jul 28, 1997
$225,000
Public Record