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Two upgraded homes just steps from the beach in Cayucos: 31 & 33 N. 3rd Street offers a rare opportunity to own two detached single-family residences on one coastal lot, perfect for multigenerational living or dual-income potential. Set on a 7,544 sq. ft. parcel with separate addresses, meters, and garages, this prime Central Coast property is located just half a block to the sand and walkable to the pier, Sea Shanty, Hidden Kitchen, and more. The main home at 31 N. 3rd Street was taken 80% down to the studs and completely rebuilt, with new plumbing, electrical, roofing, windows, and finishes throughout. It features 4 bedrooms and 3 baths, Taj Mahal quartzite counters, a Bosch appliance suite, custom wine and coffee bar, dual laundry areas, upgraded central heating, and luxury flooring. Enjoy stunning ocean views from the new front deck and the 40-foot rooftop deck enclosed in glass. The second home at 33 N. 3rd Street has been fully renovated with 3 bedrooms and 1 bath, matte porcelain slab countertops, Master Craft cabinetry, updated systems, its own laundry, and an attached garage. Both homes are move-in ready and offer private outdoor areas, fresh landscaping, new concrete hardscape, fencing, and dedicated driveways. This property is ideal for hosting, investment, or a true multigenerational retreat. Zoned residential with possible short-term rental eligibility for guest house, (buyer to verify with San Luis Obispo County Planning), this is a rare find in one of Cayucos' most walkable and scenic neighborhoods. Own the flexibility of two homes near the ocean"”whether for family, friends, or future income.
| Last Updated | 9/24/2025 | Tract | Town of Cayucos(540) |
|---|---|---|---|
| Year Built | 1966 | Community | CAYU - Cayucos |
| Garage Spaces | 2.0 | County | San Luis Obispo |
Price History
| Prior to Sep 3, '25 | $3,350,000 |
|---|---|
| Sep 3, '25 - Sep 24, '25 | $3,249,900 |
| Sep 24, '25 - Today | $3,149,900 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Stacked |
| AREA | CAYU - Cayucos |
| CONSTRUCTION | Redwood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Walk-In Closet(s) |
| LOT | 7545 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Rectangular Lot |
| LOT DIMENSIONS | 7544 |
| PARKING | Direct Access, Driveway, Garage Faces Front, Garage, Guest, Oversized, Paved, Private |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| STYLE | Bungalow, Cottage, Custom |
| SUBDIVISION | Town of Cayucos(540) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt, Neighborhood, Ocean, Panoramic, Water |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access, Ocean Access |
Location
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Based on information from California Regional Multiple Listing Service, Inc. as of 1/19/26 1:23 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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