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33 23rd Street, Cayucos, CA 93430

$1.80M3bd · 3ba · 1,397 sqft
Lot 3,000 sqft•Single Family Residence•
Active
•47d on market•MLS# PI-26184361

Property Description

Licensed Vacation Rental | Ocean Views | Steps to the Beach! A rare opportunity to own a fully furnished coastal home on one of Cayucos’ desirable numbered streets, just moments from the sand and beach access at 24th Street. Set in a very quiet neighborhood with no highway noise, this is a place where you can hear the ocean waves at night and truly enjoy the coastal setting. This 3-bedroom, 2.5-bath property offers ocean views, multiple outdoor spaces, and an existing short-term vacation rental license, making it ideal for both personal use and income potential. The property is an established Airbnb and VRBO with a history of 5-star guest ratings and is already professionally managed by Beachside Rentals, offering a truly turnkey, hands-off opportunity for the next owner. The home is being sold fully furnished and includes linens, kitchenware, and the essentials needed to continue operating as a vacation rental. The lower level features three bedrooms and two full bathrooms, including one bedroom with direct access to the rear yard. Upstairs, vaulted ceilings, skylights, and expansive windows create abundant natural light while showcasing ocean views. The kitchen offers generous storage and counter space and opens to the living area with a fireplace and access to multiple decks and outdoor spaces. Additional highlights include an attached garage with washer and dryer hookups, ample driveway parking, an easy-care yard, and convenient access to the beach, downtown Cayucos, the pier, shops, and restaurants. A rare fully turnkey coastal property with an established vacation rental operation, professional management, furnishings, and rental infrastructure already in place.

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central, Fireplace(s)
Cooling
None
View
Coastline, Mountain(s), Ocean, Water
Flooring
Carpet, Laminate
City
Cayucos
Zip Code
93430
County
San Luis Obispo
Listed byNextHome Central Coast, CJ Hegney

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,096.72
Principal & Interest
Loan Amount
$1,439,200
Total Interest
$1,835,620
Total Payment Over 30 Years
$3,274,820
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

33 23rd Street, Cayucos, CA 93430

Cayucos · Single Family Residence

$1.80M
Luxury Tier
Beds
3
Baths
3
Sqft
1,397
Lot
3,000 sqft
Year
2002
$/Sqft
$1288
Pool: No✓
View: mountain✓
Garage: 1-car✓

Listed 70.5% above the median closed sale of $1,055,000. Price per sqft ($1,288) is a 17% premium to closed comps ($1,103). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.80M· $1,288/sqft
Total list price
Closed comps
vs closed median $1.05M
+$744K (+70.5%)
Active comps
vs active median $1.77M
+$24K (+1.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,253
+$35 (+2.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
57 17th StreetCayucos1959311,2603,000$1,187$1.50M20272
2678 StudioCayucos2008321,5183,505$1,910$2.90M8671
3080 StudioCayucos1986221,2083,300$1,469$1.77M6768
3481 Shearer AvenueCayucos1998331,8912,800$738$1.40M7468
3595 Shearer AveCayucos2026331,9472,731$963$1.88M4065
Total: 5 · Average2.82.21,564.83,067.2$1,253.4$1.89M93.8
Median1,518$1.77M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
110 ChaneyCayucos196009/01/2026218252,800$799,000$785,000$9520.984777
3448 Studio DriveCayucos194706/04/2026221,2733,132$2.90M$2.80M$2,2000.973371
2797 Orville AvenueCayucos198507/09/2026221,3603,500$1.06M$1.05M$7760.995571
3372 ShearerCayucos198205/18/2026331,6612,800$1.34M$1.26M$7620.9412171
3505 StudioCayucos196009/04/2026221,1002,989$995,000$905,000$8230.912169
Total: 5 · Average2.22.01,243.83,044.2$1.36M$1.36M$1,102.6—55.4
Median1,273$1.05M$1.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.