$3,145,000
OPEN SAT 1PM - 3PM $205K PRICE DROP

Estimated payment $17,249/month

Total Views 60,313
7 Beds
-- Bath
3,110 Sq Ft
$1,011 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Primary Bedroom Suite
  • Property has ocean access
  • Second Garage
  • 1-minute walk to Paul Andrew Park

About This Home

Located just half a block from the sand, 31 and 33 North 3rd Street offers a rare opportunity to own two fully upgraded, detached single-family homes on one coastal lot in one of Cayucos’ most walkable and sought-after neighborhoods. Set on a 7,544 square foot parcel with separate addresses, garages, driveways, and utility meters, this property provides exceptional flexibility for multigenerational living, hosting, or income potential. The main residence at 31 North 3rd Street was taken approximately 80 percent down to the studs and rebuilt with new plumbing, electrical, roofing, windows, heating, and designer finishes throughout. The property features two new custom kitchens, four new bathrooms, and new flooring throughout. The main home offers four bedrooms and three baths with Taj Mahal quartzite countertops, a Bosch appliance suite, custom wine and coffee bar with wine refrigerator, two laundry centers complete with washers and dryers, and included refrigerators. Stunning ocean views with Morro Rock as a focal point are enjoyed from the main house kitchen island as well as from the living and game room downstairs, in addition to the front deck and expansive 40 foot rooftop deck enclosed in glass. The second residence at 33 North 3rd Street has been fully renovated and includes three bedrooms and one bath, matte porcelain slab countertops, Master Craft cabinetry, a coated garage floor, one laundry center complete with washer and dryer, an included refrigerator, an attached garage, and private outdoor space. Both homes are move-in ready and enhanced by fresh landscaping, new concrete hardscape, fencing, and dedicated outdoor areas. The location supports an active coastal lifestyle with nearby surfing, paddle boarding, fishing, coastal trails, Morro Bay recreation, and scenic Highway 1 access, all within walking distance to the pier, local dining, and shops. Zoned residential with possible short-term rental eligibility for the guest home subject to buyer verification with San Luis Obispo County Planning, this is a rare chance to own two coastal homes near the ocean with long-term flexibility and lifestyle appeal.

Listing Agent

Kathleen Scruton

Real Estate eBroker Inc. Brokerage Phone: 805-602-2532 License #01321040 Listed on: 07/03/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 7,544 Sq Ft Lot
  • West Facing Home
  • Drip System Landscaping
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • Property is zoned RSF

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Second Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level
  • Guest Parking
  • RV Potential

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Custom Home
  • Cottage
  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Redwood Siding

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Instant Hot Water

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Unit 1 Bathroom: 0

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Stacked Washer and Dryer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Property is near park

Listing and Financial Details

  • Legal Lot and Block 9 / 4
  • Tax Tract Number 105
  • Assessor Parcel Number 064124007

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Custom
  • Town Of Cayucos Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washers, Dryers, Fridges
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: RSF
  • Architectural Style: Bungalow, Cottage, Custom Built
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 064124007
  • Year Built: 1966
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Interior Amenities: In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: One, Two
  • Price Per Square Foot: 1011.25
  • Room Type: Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Guest House, Guest House Detached, Second Garage Detached, Shed(s), Two On A Lot, Workshop
  • View: Coastline, Neighborhood, Ocean, Panoramic, Park/Greenbelt, Water, White Water
  • Builder Name: Custom
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Redwood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Level, Garage Faces Front, Garage - Single Door, Guest, Oversized, Private, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Garage, Upper Level, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Rectangular Lot, Park Nearby, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 7544.00
  • Lot Size Acres: 0.1732

Multi Family

  • Lot Size Area: 7544.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 4
  • Tax Lot: 9
  • Tax Tract Number: 105.04

Map

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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 $11,009 $1,047,241 $602,731 $444,510
2024 $10,887 $1,026,708 $590,913 $435,795
2023 $10,887 $1,006,577 $579,327 $427,250
2022 $10,701 $986,841 $567,968 $418,873
2021 $10,546 $967,492 $556,832 $410,660
2020 $10,434 $957,573 $551,123 $406,450
2019 $10,229 $938,798 $540,317 $398,481
2018 $10,027 $920,391 $529,723 $390,668
2017 $9,827 $902,345 $519,337 $383,008
2016 $9,633 $884,653 $509,154 $375,499
2015 $9,550 $871,366 $501,507 $369,859
2014 $9,215 $854,298 $491,684 $362,614
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2026 01/27/26 Price Changed $3,145,000 -0.2% $1,011 / Sq Ft
09/24/2025 09/24/25 Price Changed $3,149,900 -3.1% $1,013 / Sq Ft
09/03/2025 09/03/25 Price Changed $3,249,900 -3.0% $1,045 / Sq Ft
07/03/2025 07/03/25 For Sale $3,350,000 +92.5% $1,077 / Sq Ft
09/16/2024 09/16/24 Sold $1,740,000 -10.8% $559 / Sq Ft View Prior Sale
08/26/2024 08/26/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $1,950,000 -- $627 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25149155

California Regional Multiple Listing Service (CRMLS)

APN: 064-124-007