31 N 3rd Street, Cayucos, CA 93430 - Photo 1

1/1

$3,000,000

Sold
Closed
Multi-Family

1/1

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, 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.

Full Property Details

Full Property Details for 31 N 3rd St

General

Sold For: $3,000,000
Status: Closed
Type: Multi-Family
Source: MRMLS
MLS ID: SC25149155
Added to Site: 386 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(s): Electric, Living Room
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

Other Rooms

Laundry: In Garage, Electric Dryer Hookup, Upper Level, Stackable, Washer Included, Dryer Included

Additional Information

Pool Description: None
Spa Description: None

Parking

Garage Spaces: 2
Parking Features: Paved, Direct Garage Access, Garage (Single Door), Guest, Driveway Level, Garage Faces Front, Driveway, Private, RV Potential, Oversized
Parking: Paved, Garage (Direct Access), Garage (Single Door), Guest, Driveway Level, Garage Faces Front, Driveway, Private, RV Potential, Oversized

Location

Area: CAYU - Cayucos
County: San Luis Obispo
Development Name: CAYU - Cayucos
Driving Directions: Ocean Ave to N. 3rd Street, turn towards ocean. Houses are down on the right 2nd from Pacific.
Direction Faces: West

Heating & Cooling

Cooling Type: None
Heating Type: Natural Gas, Central

Utilities

Sewer: Public Sewer
Water: Public
# Water Meters: 2
# Gas Meters: 2
# Electric Meters: 2

Structural Information

Architectural Style: Mid Century Modern, Cottage, Custom-Built, Bungalow
Foundation: Slab
Roof: Composition, Shingle
Windows: Double-Pane Windows
Doors: Atrium Doors, Sliding Doors
Entry Location: 1
Stories/Levels: One,Two
Stories Description: One, Two
Square Feet: 3,110
Year Built: 1966

Unit Information

Unit 1

Number of Units: 2
Bedrooms: 7

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 Source: Assessor
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.: $964.63
Price Per Unit: 1572500

Disclosures and Reports

Inclusions: Washers, Dryers, Fridges

Listed by Real Estate eBroker Inc., Kathy Scruton
Sold by Joel Pace Real Estate, Inc., Ryan Nadeau

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Listing agent

— 31 N 3rd St —

Kathy Scruton

Real Estate eBroker Inc.

805-602-2532

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NMLS#: 1598647

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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

7/02/2026

Sold

$3,000,000

-4.61%

MLS

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

7/03/2025

Listed

$3,350,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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31 N 3rd St, Cayucos, CA 93430 - Photo 1

Sold

$3,000,000