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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.
| Last Updated | 1/28/2026 | Tract | Town of Cayucos(540) |
|---|---|---|---|
| Year Built | 1966 | Garage Spaces | 2.0 |
| County | San Luis Obispo |
Price History
| Prior to Sep 3, '25 | $3,350,000 |
|---|---|
| Sep 3, '25 - Sep 24, '25 | $3,249,900 |
| Sep 24, '25 - Jan 28, '26 | $3,149,900 |
| Jan 28, '26 - Today | $3,145,000 |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Washer |
|---|---|
| CONSTRUCTION | Rammed Earth |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 7545 sq ft |
| LOT DIMENSIONS | 7,500-10,889 SF |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Cottage, Craftsman/Bungalow, Custom Built |
| SUBDIVISION | Town of Cayucos(540) |
| UTILITIES | Electricity Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Ocean, Panoramic, Water |
| WATER | Public |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2026 San Diego MLS®, Inc.
Properties on this website was last updated as recently as 3/13/26 1:30 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.
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