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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 | 1/27/2026 | 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 - Jan 27, '26 | $3,149,900 |
| Jan 27, '26 - Today | $3,145,000 |
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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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 3/7/26 12:13 AM PST 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
This IDX solution is (c) Diverse Solutions 2026.
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