$3,000,000
SOLD JUL 2, 2026
7 Beds
-- Baths
3,110 Sq Ft
7,544 Sq Ft Lot

Sale Details

Date Sold: July 2, 2026

$965 Per Sq Ft

10% Below List Price

284 Days on Market

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

As of July 2026

Reduced over $200,000, this 7 bed coastal compound in Cayucos delivers a rare turnkey opportunity for multigenerational living and an elevated beach lifestyle just half a block from the sand. 31 and 33 North 3rd Street features two fully renovated detached homes on a 7,544 square foot lot, designed for flexibility, privacy, and effortless coastal living. Completely reimagined with high end finishes and cohesive design throughout, this property stands out as one of the most compelling offerings near the Cayucos shoreline. Entertain, host, and enjoy with one of the largest rooftop decks in the area, a 40 foot glass enclosed space designed to capture ocean views, including Morro Rock, and create a true indoor outdoor experience. The front residence at 31 North 3rd Street offers four bedrooms and three bathrooms and was taken approximately 80 percent down to the studs and rebuilt with new plumbing, electrical, heating, and major systems. The home features a new roof, new windows, new flooring, and a redesigned kitchen with Taj Mahal quartzite countertops, a Bosch appliance suite with dual fuel range, and a custom wine and coffee bar with wine refrigerator. Three newly built bathrooms and two laundry centers add comfort and convenience. Ocean views are enjoyed from the kitchen island, living and game room, and multiple outdoor spaces. The second residence at 33 North 3rd Street offers three bedrooms and one bathroom, renovated with a new kitchen featuring matte porcelain slab countertops, Master Craft cabinetry, and GE Profile appliances. Additional upgrades include a new bathroom, new windows, new flooring, updated plumbing and lighting, an attached garage with coated floor, private outdoor space, and a dedicated laundry center. Both homes benefit from new landscaping, irrigation, concrete hardscape, fencing, drainage improvements, sewer line scope and scrub. With separate utilities and strong layout flexibility, this property supports multigenerational living, guest accommodations, or income potential from either residence. Zoned residential and guest house may be eligible for potential short term rental and would require a Minor Use permit and approval with the County, subject to buyer verification with San Luis Obispo County.

Last Agent to Sell the Property

Kathleen Scruton

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

Last Buyer's Agent

Ryan Nadeau

Joel Pace Real Estate, Inc. License #02025354

Joel Pace Real Estate, Inc.
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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
  • Midcentury Modern Architecture
  • Cottage
  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Atrium Doors
  • 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

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

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

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Location

  • Across the Road from Lake or Ocean
  • Property is near park

Utilities

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

Listing and Financial Details

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

Community Details

Overview

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

Amenities

  • Laundry Facilities

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

7,544 Sq Ft Lot

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: Mid Century Modern, Cottage, Custom Built, Bungalow
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 064124007
  • Year Built: 1966
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Pantry, Living Room Deck Attached, Recessed Lighting, Open Floorplan, In-Law Floorplan, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Door Features: Atrium Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Electric, Living Room
  • Levels: One, Two
  • Price Per Square Foot: 964.63
  • Room Type: Formal Entry, Walk-In Closet, Primary Bedroom, Walk-In Pantry, Laundry, Kitchen, Main Floor Bedroom, Primary Suite, Primary Bathroom
  • Window Features: Double Pane Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Electric Oven, Free-Standing Range, Gas Cooktop, Water Line to Refrigerator, Ice Maker, Instant Hot Water, ENERGY STAR Qualified Appliances, Gas & Electric Range, Self Cleaning Oven, Refrigerator, Dishwasher, Microwave
  • Electric: Standard
  • Heating Type: Natural Gas, Central
  • Laundry Features: In Garage, Electric Dryer Hookup, Upper Level, Stackable, Washer Included, Dryer 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: Level with Street, Landscaped, Rectangular Lot, Park Nearby, Sprinklers Drip System, 2-5 Units/Acre, Front Yard, Back Yard, 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: Ocean Side Of Highway 1, Ocean Access, Across the Road from Lake/Ocean, Ocean Side of Freeway

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Jun 29, 2026
Sold by
Phoenix Consulting Llc
Bought by
Seller's Agent
Kathleen Scruton
Real Estate eBroker Inc.
Buyer's Agent
Ryan Nadeau
Joel Pace Real Estate, Inc.
List Price
$3,350,000
Sold Price
$3,000,000
Premium/Discount to List
-$350,000
-10.45%
Views
1555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,250,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2024
Closed on
Sep 4, 2024
Sold by
Yvonne M Serpa Living Trust and Serpa Yvonne M
Bought by
Phoenix Consulting Llc
Seller's Agent
Dale Kaiser
Dale Kaiser Real Estate
Buyer's Agent
Kathleen Scruton
Real Estate eBroker Inc.
List Price
$1,950,000
Sold Price
$1,740,000
Premium/Discount to List
-$210,000
-10.77%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.57%

Purchase Details

Closed on
Aug 23, 2012
Sold by
Serpa Matilda D and Serpa Yvonne M
Bought by
Serpa Yvonne M and Yvonne M Serpa Living Trust

Purchase Details

Closed on
Sep 8, 2000
Sold by
Bettencourt Katherine Tena
Bought by
Serpa Matilda D and Matilda D Serpa Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $3,000,000 First American Title
Grant Deed $1,740,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $695,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,250,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2026 07/02/26 Sold $3,000,000 -4.6% $965 / Sq Ft
04/13/2026 04/13/26 Pending -- -- --
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,259 $1,929,800 $1,020,000 $909,800
2025 $18,259 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25149155

California Regional Multiple Listing Service (CRMLS)

APN: 064-124-007

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