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Introducing the "Duneside Retreat""”a rare coastal opportunity offering exceptional development potential in a designated Opportunity Zone. Set on a versatile parcel, this property features a 2-bedroom, 2-bath main residence with the potential to permit a conversion of part of the home into a Junior ADU studio with its own bathroom. Whether you're looking to occupy, invest, or expand, the flexible design offers immediate usability with long-term upside. With zoning that allows for a main residence plus up to three additional ADUs (each up to 1,200 sq ft, buyer to verify with SLO County), this property presents a compelling opportunity for developers, investors, or those seeking to create a multi-unit coastal compound. Located within an Opportunity Zone, buyers may benefit from significant tax advantages, including the potential to defer capital gains and eliminate taxes on future appreciation when held long term (buyer to consult tax professional). Beyond its development potential, Duneside Retreat offers immediate lifestyle appeal"”ideal for owner-occupants, multi-generational living, or generating rental income through short- or long-term leasing. Its adaptable configuration makes it equally suited as a primary residence, vacation getaway, or income-producing asset. A truly unique offering combining location, flexibility, and long-term financial upside.
| Last Updated | 4/1/2026 | Tract | Oceano(350) |
|---|---|---|---|
| Year Built | 1930 | Community | OCNO - Oceano |
| Garage Spaces | 1.0 | County | San Luis Obispo |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater |
| AREA | OCNO - Oceano |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Back Yard, Rectangular Lot |
| LOT DIMENSIONS | 5000 |
| PARKING | Garage Faces Front, Garage, Paved, RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Oceano(350) |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/2/26 9:34 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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