
Cayucos, California 93430
This Turnkey Coastal End-Unit Condo is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,213,367 Fair Market Value by 1%. This valuation gap offers $14,367 in Instant Equity. Featuring a Condition Rating of 2, the interior boasts a remodeled quartz kitchen and panoramic ocean views from a private balcony. Located steps from the sand in the San Luis Coastal Unified district, the property includes a rare active vacation rental license. This is an ideal acquisition for Vacation Rental Investors or Lifestyle-Oriented Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77 N Ocean Avenue 12 Subject | $1,199,000* List Price | 2 | 2 | 938 | $1,294 | - |
A 77 N Ocean 8 Pending | $1,250,000 List Price | 2 | 3 | 938 | $1,333 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully modernized with quartz countertops, a designer tile backsplash, and contemporary gold hardware. The interior features updated wood-look flooring throughout, modern light fixtures, and a clean, move-in-ready aesthetic suitable for its high-performing vacation rental status. All visible components meet current quality standards with no signs of deferred maintenance.
Situated just steps from the sand in Old Town Cayucos, this end-unit offers rare panoramic views of the ocean, pier, and coastline, significantly enhancing its desirability and market value.
The property comes with a coveted vacation rental license and an established VRBO profile, offering immediate revenue generation for investors in a high-demand short-term rental market.
As a desirable end-unit with extra natural light, the home features a stylishly remodeled kitchen with quartz countertops and designer finishes, providing a contemporary feel within a classic coastal setting.
With only 938 square feet of living space, the interior may feel restrictive for buyers seeking a more spacious primary residence or larger group accommodations.
The $550 monthly association fee represents a significant recurring expense that could impact the overall net return on investment for short-term rental operators.
Experience the charm of California's Central Coast in this beautifully updated 2-bedroom, 2-bath end-unit condo just steps from the sand in Old Town Cayucos. With sweeping ocean views, a vacation rental license, and an established record of short-term rentals with an active VRBO profile, this coastal retreat offers the perfect blend of lifestyle and income potential. As a desirable end unit, the home enjoys added privacy, views, and natural light. Upstairs, the inviting living room opens to a private balcony where you can take in the ocean breeze and coastal views. The remodeled kitchen is both stylish and functional, featuring quartz countertops, a designer tile backsplash, gold hardware, and bar seating. A cozy breakfast nook connects the kitchen and living area, creating a welcoming space for casual meals and conversation, while a guest bath completes the upper level. Downstairs, both bedrooms provide a peaceful retreat, with a full bath conveniently situated between them for comfort and convenience. Located just a few hundred feet from Cayucos Beach and right along iconic Ocean Avenue, you'll enjoy easy access to beloved local favorites like Duckie's Chowder House, Luna Coffee Bar, and Brown Butter Cookie Company. Whether you're searching for a coastal getaway, an income-producing vacation rental, or the ideal mix of both, this rare Cayucos opportunity captures the best of Central Coast living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 938 | 967 | 50% |
| Lot Size | 958.32 | 977.16 | 50% |
| Price | $1.20M | $954.5K | 50% |
| Price per sq ft | $1.3K | $996 | 50% |
| Built year | 1974 | 1980 | 50% |
| HOA | $550.0 | $425 | 50% |
| Days on market | 36 | 165 | 50% |
Mar 17, 2026
$1,199,000
Initial Listing
Oct 21, 2022
$957,500
Public Record
Jun 14, 1995
$220,000
Public Record