$3,650,000
$345K PRICE DROP

Estimated payment $20,712/month

Total Views 10,615
3 Beds
2 Baths
1,830 Sq Ft
$1,995 Price per Sq Ft

Highlights

  • Beach Front
  • Fishing
  • No HOA
  • White Water Ocean Views
  • Ocean Side of Highway 1
  • Hiking Trails

About This Home

Licensed Vacation Rental – Oceanfront Duplex on Studio Drive, Cayucos. Exceptional opportunity to own a fully licensed vacation rental on highly desirable Studio Drive in Cayucos. This oceanfront duplex offers direct beach access and versatile living options with two separate units—perfect to live in one and rent the other, or use both as income-producing vacation rentals. Unit A (ocean side) features 2 bedrooms, 2 bathrooms, a full kitchen, and a private oceanview patio. Both bedrooms include queen beds, with a futon in the living area for additional guests. Unit B (street side) offers 1 bedroom, 1 bathroom, a cozy living room with futon, and a compact kitchen with a dining area for three. Each unit can be rented individually or together, making this property ideal for multi-generational living, guest privacy, or maximizing rental income.

Listing Agent

Dale Kaiser

Dale Kaiser Real Estate Brokerage Phone: 805-550-9900 License #01297036 Listed on: 07/21/2025

Co-Listing Agent

Gail Riley

Dale Kaiser Real Estate Brokerage Phone: 805-550-9900 License #01118809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,690

Year Built

  • Built in 1948

Lot Details

  • 7,338 Sq Ft Lot
  • Beach Front
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 10 / 67
  • Assessor Parcel Number 064254020
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Strand Subdivision
  • Foothills

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,690

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Strand (530)
  • View: Yes
  • Zoning: RSF
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 064254020
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1830.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Masonry
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1994.54
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower

Exterior Features

  • View: Coastline, Ocean, Panoramic, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Hiking, Park, Watersports, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Bluff, Front Yard
  • Lot Size Sq Ft: 7338.00
  • Lot Size Acres: 0.1685

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7338.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 67
  • Tax Census Tract: 105.04
  • Tax Lot: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,690 $3,264,000 $2,805,000 $459,000
2024 $17,502 $1,678,623 $1,464,376 $214,247
2023 $17,502 $1,645,710 $1,435,663 $210,047
2022 $17,210 $1,613,442 $1,407,513 $205,929
2021 $16,977 $1,581,807 $1,379,915 $201,892
2020 $16,797 $1,565,588 $1,365,766 $199,822
2019 $16,467 $1,534,891 $1,338,987 $195,904
2018 $16,144 $1,504,796 $1,312,733 $192,063
2017 $15,825 $1,475,292 $1,286,994 $188,298
2016 $15,514 $1,446,365 $1,261,759 $184,606
2015 $15,383 $1,424,641 $1,242,807 $181,834
2014 $14,837 $1,396,736 $1,218,463 $178,273
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $3,650,000 -3.9% $1,995 / Sq Ft
09/24/2025 09/24/25 Price Changed $3,800,000 -4.9% $2,077 / Sq Ft
07/21/2025 07/21/25 For Sale $3,995,000 -- $2,183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25149186

California Regional Multiple Listing Service (CRMLS)

APN: 064-254-020