3486 Davies Avenue, Cayucos, California 93430, Cayucos, 93430 - 3 bed, 2 bath
3486 Davies Avenue
Cayucos, California 93430
Property Price
SUMMARY
Analysis of 3486 Davies Avenue, Cayucos, California 93430 reveals a Fairly Priced Property with a current list price of $1,289,000 aligned with the estimated $1,289,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 3486 Davies Avenue Subject | $1,289,000* List Price | 3 | 2 | 2,162 | $596 | - |
A 2758 Santa Barbara Sold | $1,150,000 | 3 | 2 | 2,094 | $549 | 0.7 mi |
B 3277 Ocean Boulevard Sold | $924,138 | 3 | 2 | 1,370 | $675 | 0.2 mi |
C 60 Rapf Avenue Sold | $1,200,000 | 2 | 2 | 1,802 | $666 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1987, the home is well-maintained but retains its original 'classic' aesthetic, including dated oak cabinetry, white tile countertops, and older appliances. While functional and livable, the interior finishes, flooring, and fixtures are nearly 40 years old and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean Views
The property offers exceptional, rare panoramic views of the Pacific Ocean, a highly sought-after feature on the Central Coast that significantly enhances its long-term value and appeal.
- Versatile Living Space
With over 2,100 square feet across three stories and a dedicated office easily convertible into a fourth bedroom, the layout provides excellent flexibility for growing families or remote professionals.
- Equity-Building Potential
Priced competitively with a recent reduction, this home serves as an ideal canvas for buyers looking to build immediate equity through cosmetic updates and personalized modernizations.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
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 = 2162.
- Dated Interior Condition
The home maintains a 'classic' 1987 aesthetic that will likely require a significant additional investment in modernizing finishes, appliances, and fixtures to meet current luxury standards.
- Vertical Layout & Small Lot
The three-story configuration may pose accessibility challenges, while the 2,800-square-foot lot offers limited outdoor yard space compared to other residential options.
About 3486 Davies Avenue
Come experience panoramic views of the Pacific Ocean from this rare Central Coast gem! This spacious 3-story home offers over 2100 SF of living space, featuring 3 bedrooms, 2 bath and a dedicated office-easily convertible to a 4th bedroom. Though the home has a more classic feel, it priced accordingly and offers the perfect opportunity to update and customize to your own taste. Imagine creating your dream coastal retreat in a location where homes with views like this are few and far between. Don't miss out-homes with these views don't come around often and they never last long!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 2,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 | 50% |
| Square foot | 2,162 | 1,716 | 75% |
| Lot Size | 2,800 | 3,671 | 35% |
| Price | $1.29M | $1.32M | 50% |
| Price per sq ft | $596 | $815 | 15% |
| Built year | 1987 | 1978 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 169 | 230 | 40% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,289,000
Initial Listing
Price Change
Sep 19, 2025
$1,399,000
Initial Listing