
Oceano, California 93445
Analysis of 364 Mccarthy Avenue, Oceano, California 93445 is currently available with a list price of $1,674,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceano 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.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. The property features a high-end kitchen with quartz countertops and custom cabinetry, modern energy-efficient systems including owned solar and a heat pump HVAC, and premium finishes throughout, requiring zero maintenance.
The property is eligible for vacation rental licensing and features an elevator-ready shaft, making it an ideal high-yield income producer or a future-proof multi-generational residence.
Rare for coastal homes, this property offers an oversized lot with dedicated RV parking and a waste connection, providing significant value for owners with large vehicles or outdoor gear.
As a 2026 brand-new build, the home features high-end finishes, owned solar, and energy-efficient HVAC systems, ensuring low maintenance costs and immediate move-in readiness.
Despite its proximity to the coast, the ocean views are described as 'peek-a-boo' from the rooftop, which may be a drawback for buyers prioritizing direct waterfront vistas.
The list price is at the high end for the Oceano submarket, where the surrounding neighborhood character may not yet fully align with the luxury caliber of this specific custom build.
Luxury Coastal Living Just Minutes from Pismo Beach & Shell Beach. Built by Beach Front Builders, this brand-new custom home is located at the gateway to Pismo State Beach, just minutes from Pismo Beach, Shell Beach, downtown Arroyo Grande, and the Oceano Dunes. Eligible to be licensed as a vacation rental, it offers an outstanding opportunity as a primary residence, second home, or income-producing coastal property. Set on an oversized 4,300± sq. ft. lot with 43 feet of road frontage, one of the home's biggest advantages is something rarely found this close to the beach: generous off-street parking and a dedicated RV parking area with an RV waste connection. Whether you're bringing an RV, side-by-sides, dune toys, or looking for features that appeal to vacation renters, this setup offers exceptional flexibility. The main level features an open floor plan connecting the living room, dining area, and kitchen with wide-plank flooring, coffered ceilings with wood beam accents, recessed lighting, a gas fireplace, and two large sliders opening to the backyard patio. The kitchen includes quartz countertops, custom cabinetry, double wall ovens, a six-burner gas cooktop with pot filler, oversized island, workstation sink, and spacious butler's pantry. A private first-floor bedroom with en suite bath, an additional guest bath, and a framed shaft designed for a future elevator provide flexibility for guests, multigenerational living, or long-term accessibility. Upstairs, the family room with wet bar opens to a balcony overlooking the Oceano Lagoon and dunes. The upper level has also been thoughtfully configured to allow a portion of the space to potentially be converted into a one-bedroom, one-bath junior ADU, creating additional flexibility for extended family, guests, or multiple rental configurations. Buyer to verify feasibility, permitting, and use. The primary suite features dual walk-in closets, a private balcony, makeup vanity, soaking tub, dual sinks, and walk-in shower. Two additional bedrooms and another full bath complete the upper level. A rooftop deck offers peekaboo ocean views, coastal breezes, and panoramic dune views. Additional features include owned solar, tankless water heating, and energy-efficient heat pump HVAC. Brand-new construction, vacation rental eligibility, exceptional parking, and immediate access to Pismo State Beach and the Oceano Dunes make this one of the Central Coast's most versatile coastal properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,772 | 1,194 |
| Lot Size | 4,300 | 3,616.4 |
| Price | $1.67M | $731.6K |
| Price per sq ft | $604 | $578 |
| Built year | 2026 | 1980 |
| HOA | $0 | $119 |
| Days on market | 50 | 67 |
Sep 8, 2026
$1,674,000
$1,799,000
-7% Price Drop
Initial Listing
Jul 21, 2026
$1,799,000
Initial Listing
Nov 18, 2021
$400,000
Public Record
Jun 3, 2014
$150,000
Public Record