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$2,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 14 hours ago
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A 2016-built oceanfront triplex on Oceano's most coveted street -- Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano - the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast. Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat - all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high. Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned - with the same view the single-family homes on this street pay $4M+. Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.

Full Property Details for 1111 Strand Way

General

  • Price: $2,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PI26194623
  • Updated: 9/5/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Walk-In Closet, Entry, Laundry, Main Floor Primary Bedroom, Multi-Level Bedroom, Kitchen, Living Room, Main Floor Bedroom, Loft, Primary Bathroom
  • Interior Features: Furnished, High Ceilings, Two-Story Ceilings, Open Floorplan, Storage, Wired for Sound
  • Fireplace(s): Gas
  • Appliances: ENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Built-In Range, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan, ENERGY STAR Qualified Water Heater, Range Hood, Gas Oven, Dishwasher
  • Flooring: Vinyl, Laminate

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Awning(s), Rain Gutters, Lighting

Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Garage Faces Side, Asphalt, Private, Oversized, Paved, Driveway, Direct Garage Access, Garage (Two Doors), Garage Door Opener
  • Parking: Garage, Garage Faces Side, Asphalt, Private, Oversized, Paved, Driveway, Garage (Direct Access), Garage (Two Doors), Garage Door Opener

Location

  • Area: OCNO - Oceano
  • County: San Luis Obispo
  • Development Name: OCNO - Oceano
  • Driving Directions: Head northwest on Price St toward Ocean View Ave, turn left on Ocean View Ave, turn left onto CA-1 S/Dolliver St, turn right onto Pier Ave, turn right onto Strand Way, the destination will be on the right.

Heating & Cooling

  • Cooling Type: Electric, Zoned, ENERGY STAR Qualified Equipment
  • Heating Type: Fireplace(s), Electric, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Contemporary, Custom-Built
  • Foundation: Slab
  • Roof: Membrane, Synthetic
  • Windows: Double-Pane Windows, ENERGY STAR Qualified Windows
  • Doors: ENERGY STAR Qualified Doors, Sliding Doors
  • Entry Location: Front Door
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,869
  • Year Built: 2016

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: Dunes, Ocean, White Water
  • Lot Size (Acres): 0.1373
  • Lot Size (Sq. Ft.): 5,980
  • Lot Size Source: Assessor
  • Zoning: CR
  • Lot Description: Landscaped, Rectangular Lot, Level, Lawn, Yard, Value In Land

Green Features

  • Energy Efficient: Construction, Appliances, Windows
  • Energy Generation: Solar

Financial Considerations

  • Price Per Sq. Ft.: $774.1
  • Price Per Unit: 998333

Listed by Invest SLO, Abel Contreras

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Listing agent

— 1111 Strand Way —

  • Abel Contreras

    Invest SLO

805-709-7143

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1111 Strand Way

School District:Lucia Mar Unified School District
NameGradesDistance
Oceano Elementary School
1551 17th Street, Oceano, CA 93445
K-61 mi
Judkins Middle School
680 Wadsworth Street, Pismo Beach, CA 93449
7-82.8 mi
Arroyo Grande High School
495 Valley Road, Arroyo Grande, CA 93420
8-122.9 mi
Central Coast New Tech High School
523 North Thompson Avenue, Nipomo, CA 93444
9-129.1 mi
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 1111 Strand Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$2,995,000
28.68%
MLS
7/07/2020
Sold
$2,327,500
—
Public Record
Get Price Alerts and Save Property
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 for 1111 Strand Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,900
3%
$2,569,744
2%
2024
$26,981
1%
$2,519,358
2%
2023
$26,681
—
$2,469,960
2%
2023
$26,681
1%
$2,421,531
2%
2022
$26,292
4%
$2,374,050
2%
2021
$25,324
7%
$2,327,500
7%
2020
$23,691
72%
$2,180,000
74%
2019
$13,751
1%
$1,249,507
2%
2018
$13,586
—
$1,225,008
—
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 for 1111 Strand Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Invest SLO, Abel Contreras

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1111 Strand Way, Oceano, CA 93445 (MLS# PI26194623) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1111 Strand Way is currently listed for $2,995,000 and was received on September 04, 2026. Want to learn more about 1111 Strand Way? Do you have questions about finding other Multi-Family real estate for sale in Oceano? You can browse all Oceano real estate or contact a Coldwell Banker agent to request more information.

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