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$3,145,000
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Property Description
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, fully 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, and Section One clearance, creating a truly turnkey experience. With separate utilities and strong layout flexibility, this property supports multigenerational living, guest accommodations, or income potential from either residence. Located in one of Cayucos' most walkable beachside neighborhoods, enjoy close access to the sand, local dining, coastal trails, and the relaxed charm of this Central Coast destination. Zoned residential with potential short term rental eligibility for the guest home, subject to buyer verification with San Luis Obispo County.
Full Property Details
Full Property Details for 31 N 3rd St
General
- Price: $3,145,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SC25146106
- Updated: 3/31/2026
- Days on Market: 273 days
- Added to Site: 273 day(s) ago
Interior
- Rooms/Areas: Formal Entry, Walk-In Closet, Primary Bedroom, Walk-In Pantry, Laundry, Kitchen, Main Floor Bedroom, Primary Suite, Primary Bathroom
- Interior Features: Quartz Counters, Pantry, Living Room Deck Attached, Recessed Lighting, Open Floorplan, In-Law Floorplan, Stone Counters
- Fireplace: Yes
- Fireplace(s): Electric, Living Room
- Eating Areas: Breakfast Counter/Bar, L-Shaped Dining Area, Dining Room, In Kitchen, Area
- Appliances: Gas Water Heater, Electric Oven, Free-Standing Range, Gas Cooktop, Water Line to Refrigerator, Icemaker, Instant Hot Water, ENERGY STAR Qualified Appliances, Gas & Electric Range, Self Cleaning Oven, Refrigerator, Dishwasher, Microwave
- Flooring: Vinyl, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Garage, Electric Dryer Hookup, Upper Level, Stackable, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Wraparound, Open Patio, Wood, Patio, Concrete, Enclosed, Deck, Rear Porch, Porch, Front Porch, Rooftop
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Paved, Garage (Direct Access), Garage (Single Door), Guest, Driveway Level, Garage Faces Front, Driveway, Private, RV Potential, Oversized
Location
- County: San Luis Obispo
- Subdivision: Town of Cayucos(540)
- Driving Directions: Ocean Ave to N. 3rd Street, turn towards ocean. Houses are down on the right 2nd from Pacific.
- Direction Faces: South
School Information
- School District: Coast Unified
Community
- Community Features: Biking, Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage, Custom-Built, Bungalow
- Structure Type: Single Family Residence
- Builder: Custom
- Construction: Wood Siding
- Foundation: Slab
- Roof: Composition, Shingle
- Common Walls: No Common Walls
- Windows: Double-Pane Windows, Screens, Atrium
- Disability Access: 2 or More Accessible Exits
- Entry Location: 1
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 3,110
- Sq. Ft. Source: Assessor
- Year Built: 1966
- Year Built Source: Assessor
- Property Condition: Termite Clearance, Building Permit, Turnkey, Updated/Remodeled
Additional Structures
- Other Structures: Second Garage Detached, Workshop, Guesthouse, Guest House Detached, Two on a Lot, Shed(s)
Lot Features
- Property View: Coastline, Ocean, White Water, Park/Greenbelt, Neighborhood, Water, Panoramic
- Lot Size (Acres): 0.1732
- Lot Size (Sq. Ft.): 7,544
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: RSF
- Lot Description: Level with Street, Landscaped, Rectangular Lot, Park Nearby, Drip Sprinkler System, 2-5 Units/Acre, Front Yard, Back Yard, Yard
Financial Considerations
- Price Per Sq. Ft.: $1,011.25
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Washers, Dryers, Fridges
Listed by Real Estate eBroker Inc., Kathy Scruton
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Schools
Schools serving 31 N 3rd St
School District:Cayucos Elementary School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31 N 3rd St
Date
Details
Price
Change
Source
1/27/2026
Price Reduced
$3,145,000
-0.16%
MLS
9/24/2025
Price Reduced
$3,149,900
-3.08%
MLS
9/03/2025
Price Reduced
$3,249,900
-2.99%
MLS
7/02/2025
Listed
$3,350,000
92.53%
MLS
9/13/2024
Sold
$1,740,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 31 N 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,259
68%
$1,047,241
2%
2023
$10,887
—
$1,026,708
2%
2023
$10,887
2%
$1,006,577
2%
2022
$10,701
1%
$986,841
2%
2021
$10,546
1%
$967,492
1%
2020
$10,434
2%
$957,573
2%
2019
$10,229
2%
$938,798
2%
2018
$10,027
2%
$920,391
2%
2017
$9,827
2%
$902,345
2%
2016
$9,633
1%
$884,653
2%
2015
$9,550
4%
$871,366
2%
2014
$9,215
—
$854,298
—
2013
$9,174
—
$850,438
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31 N 3rd St
31 N 3rd Street, Cayucos, CA 93430 (MLS# SC25146106) is a Single Family property with 7 bedrooms and 4 full bathrooms. 31 N 3rd Street is currently listed for $3,145,000 and was received on July 02, 2025. Want to learn more about 31 N 3rd Street? Do you have questions about finding other Single Family real estate for sale in Cayucos? You can browse all Cayucos real estate or contact a Coldwell Banker agent to request more information.

