Reduced over $200,000 with two fully renovated turnkey homes. Is there a 7 bedroom coastal compound in Cayucos half a block from the sand that is truly turnkey? 31 and 33 North 3rd Street delivers two fully upgraded detached homes on a 7,544 square foot lot with separate utilities, modernized interiors, and completed improvements designed for low maintenance coastal living. Located in one of Cayucos’ most walkable beachside neighborhoods, this dual residence property offers rare flexibility with finished quality throughout. The front home at 31 North 3rd Street, offering four bedrooms and three baths, was taken approximately 80 percent down to the studs and rebuilt with new plumbing, electrical, heating, and systems. It features a new roof, new 40 foot glass enclosed rooftop deck, new front deck, new windows, new flooring, a redesigned kitchen with Taj Mahal quartzite countertops, Bosch appliance suite with dual fuel range, custom wine and coffee bar with wine refrigerator, four new bathrooms, and two laundry centers with included washers and dryers. Ocean views with Morro Rock are enjoyed from the kitchen island, living and game room, and outdoor decks. The second residence at 33 North 3rd Street offers three bedrooms and one bath and has been fully renovated with a new kitchen featuring matte porcelain slab countertops, Master Craft cabinetry, GE Profile appliances, a new bathroom, new windows, new flooring, updated plumbing fixtures and lighting, an attached garage with coated floor, private outdoor space, and a dedicated laundry center with washer and dryer included. Both homes benefit from new landscaping, irrigation, concrete hardscape, fencing, drainage improvements, sewer line scope and scrub, and Section One clearance. Zoned residential with potential short term rental eligibility for the guest home subject to buyer verification with San Luis Obispo County, this is a rare opportunity to secure two fully modernized detached homes near the ocean in Cayucos with long term lifestyle and income flexibility.
Days on market: 253
Listing updated: March 12, 2026 - 05:12:03
Listed by: Kathy Scruton DRE #01321040 760-722-3222, Real Estate eBroker Inc. - San Luis Obispo Coastal
Source: San Luis Obispo Coastal, MLS#: SC2411 Originating MLS: CRMLS
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