3437 Ocean, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 2 bath
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Cayucos, California 93430
This Turnkey Coastal Residence represents a Strong Value Opportunity, listed at $1,549,000—positioned well below the $1,729,540 Fair Market Value by 10%. This valuation gap provides $180,540 in Instant Equity. Featuring a Mint Condition Rating following a down-to-the-studs renovation, the home includes Panoramic Ocean Views, two decks, and an Active Short Term Rental License. This property is an ideal acquisition for Buy-and-Hold Investors seeking immediate income or Owner-Occupants desiring a luxury coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3437 Ocean Subject | $1,549,000* List Price | 3 | 2 | 1,745 | $991 | - |
A 3585 Studio Active | $1,999,000 List Price | 4 | 3 | 2,052 | $974 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive 'down to the studs' renovation within the last 5 years. It features all-new major systems including plumbing, electrical, roof, and windows. The interior boasts a modern open-concept kitchen with new appliances and designer bathrooms, meeting the criteria for mint condition with no maintenance required.
The property offers exceptional, unobstructed views of the Pacific Ocean, coastline, and hills from nearly every room and two dedicated ocean-view decks.
Taken down to the studs, the home features all-new plumbing, electrical, roof, windows, and appliances, providing a modern, worry-free living experience.
The inclusion of an active STR license is a significant value-add, offering immediate income potential in a highly desirable coastal market where such permits are often restricted.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-08-20. The sold price is $650,000.00.
With a lot size of only 2,800 square feet, the property offers minimal private outdoor yard space compared to other single-family residences.
Wake up to panoramic Pacific Ocean views, sunsets, and whale watching from nearly every room — including two ocean-view decks — in this fully renovated Cayucos home with an active Short Term Rental license already in place. Taken down to the studs, the home was reconfigured from 2 bedrooms to a spacious 3-bedroom, 2-bath layout with an open-concept living, dining, and kitchen area built to showcase the views. A private backyard patio off the kitchen is ideal for BBQ and outdoor entertaining. The primary suite offers its own ocean-view deck, a walk-in closet, and an ensuite with a double vanity and rain/standard shower combo. The guest bath features an oversized designer walk-in shower. Nearly every system is new: plumbing, electrical, roof, sewer line, windows, flooring, driveway, doors, and appliances, plus a finished epoxy garage floor. Licensed asbestos abatement and engineered structural upgrades were completed during construction. A rare opportunity for a full-time home, coastal getaway, or turnkey investment — move-in ready with modern systems, ocean views, and an active Short Term Rental license in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,745 | 1,442.5 |
| Lot Size | 2,800 | 3,925 |
| Price | $1.55M | $1.56M |
| Price per sq ft | $888 | $966 |
| Built year | 1974 | 1968 |
| HOA | $0 | $0 |
| Days on market | 20 | 100 |
Jul 2, 2026
$1,549,000
Initial Listing
Aug 20, 2025
$650,000
Public Record