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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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31 N 3rd Street, Cayucos – $3,145,000

  • $3.1M Price
  • 7 Beds
  • .17 Acres
  • 306 DOM
  • $3.1M Price
  • 7 Beds
  • .17 Acres
  • 306 DOM

31 N 3rd Street

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.

Essential Information

  • MLS® #SC25149155
  • Price$3,145,000
  • Bedrooms7
  • Bathrooms0.00
  • Acres0.17
  • Year Built1966
  • TypeResidential Income
  • Sub-TypeSingle Family Residence
  • StatusActive Under Contract

Style

Bungalow, Cottage, Custom, Mid-Century Modern

Community Information

  • Address31 N 3rd Street
  • AreaCAYU - Cayucos
  • SubdivisionTown of Cayucos(540)
  • CityCayucos
  • CountySan Luis Obispo
  • Zip Code93430

Amenities

  • Parking Spaces6
  • # of Garages2
  • PoolNone

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Guest, Oversized, Paved, Private, RV Potential

Garages

Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Guest, Oversized, Paved, Private, RV Potential

View

Coastline, Park/Greenbelt, Neighborhood, Ocean, Panoramic, Water

Waterfront

Across the Road from Lake/Ocean, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway

Interior

  • InteriorLaminate, Vinyl
  • HeatingCentral, Natural Gas
  • CoolingNone
  • FireplaceYes
  • FireplacesElectric, Living Room
  • # of Stories2
  • StoriesOne, Two

Interior Features

In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, Bedroom on Main Level, Instant Hot Water, Primary Suite, Walk-In Pantry, Walk-In Closet(s), French Door(s)/Atrium Door(s)

Appliances

Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Free-Standing Range, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water To Refrigerator, Dryer, Washer

Exterior

  • ExteriorWood Siding, Drywall
  • WindowsDouble Pane Windows
  • RoofComposition, Shingle
  • ConstructionWood Siding, Drywall
  • FoundationSlab

Lot Description

TwoToFiveUnitsAcre, Back Yard, Drip Irrigation/Bubblers, Front Yard, Landscaped, Near Park, Rectangular Lot, Street Level, Yard

Additional Information

  • Date ListedJuly 1st, 2025
  • Days on Market306
  • ZoningRSF

Listing Details

  • AgentKathy Scruton
  • OfficeReal Estate eBroker Inc.
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Price Change History for 31 N 3rd Street, Cayucos, (MLS® #SC25149155)

Date Details Change
Status Changed from Active to Active Under Contract
Price Reduced from $3,149,900 to $3,145,000 $4,900 (0.16%)
Price Reduced from $3,249,900 to $3,149,900 $100,000 (3.08%)
Price Reduced from $3,350,000 to $3,249,900 $100,100 (2.99%)

Kathy Scruton, Real Estate eBroker Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2026 at 1:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.