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Two beautifully rebuilt ocean-view homes just steps from the sand: welcome to 31 & 33 N. 3rd Street in Cayucos. Set on a prime 7,544 square foot lot just diagonally across the street from the beach and down the road from the pier, this rare Central Coast property offers two separate single-family homes on one parcel with distinct addresses, separate meters, and a world of opportunity. Live in one and host guests in the other, create a multigenerational coastal retreat, or explore potential income options "” including possible short-term rental eligibility (buyer to verify with SLO County Planning but they state it is eligible). The main 4-bed, 3-bath home blends modern luxury with redwood craftsmanship, featuring Taj Mahal quartzite counters, a full Bosch kitchen suite, a built-in wine and coffee bar, upgraded central heating, and dual laundry areas. Step out to the spacious new front deck or take in sweeping ocean views from the 40-foot rooftop deck with full glass panel enclosure. The second home offers 3 beds and 1 bath with the same thoughtful attention to quality, including matte porcelain slab counters, Master Craft cabinetry, updated plumbing and electrical, its own laundry, and garage. Both homes are move-in ready and designed for comfort, with new windows, flooring, and lighting throughout. Driveways, garages, and beautifully landscaped outdoor areas provide privacy and function, complete with fencing, irrigation, and new concrete hardscape. Just a short walk to Sea Shanty, Hidden Kitchen, and Lunada, plus local shops, the farmers market, and trails along Highway 1, this is a rare chance to live where every day feels like a beach vacation. Whether you're looking to invest, host, or simply relax, 31 & 33 N. 3rd Street offers the best of coastal living in the heart of Cayucos.
| Last Updated | 9/24/2025 | Tract | Town of Cayucos(540) |
|---|---|---|---|
| Year Built | 1966 | Community | CAYU - Cayucos |
| 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 - Today | $3,149,900 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Stacked |
| AREA | CAYU - Cayucos |
| CONSTRUCTION | Redwood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Walk-In Closet(s) |
| LOT | 7545 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Rectangular Lot |
| LOT DIMENSIONS | 7544 |
| PARKING | Direct Access, Driveway, Garage Faces Front, Garage, Guest, Oversized, Paved, Private |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| STYLE | Bungalow, Cottage, Custom |
| SUBDIVISION | Town of Cayucos(540) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt, Neighborhood, Ocean, Panoramic, Water |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access, Ocean Access |
Location
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