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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by CJ Hegney, DRE #02203414 • NextHome Central Coast

$ 2,600,000

Est. payment | -/mo

6 Beds

3 Baths

2,772 SqFt

Save

$ 2,600,000

Est. payment | -/mo

Save

6 Beds

3 Baths

2,772 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $937

MLS Listing ID CRPI26013165

Bedrooms 6

Full Baths 3

Year Built 1957

Lot Size 4,400 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Welcome to 2873 and 2971 Studio Drive, a rare luxury THREE UNIT coastal property on one of Cayucos' most coveted streets, just steps from the sand. Situated on an oversized DOUBLE LOT, this exceptional offering consists of a legal duplex with one residence thoughtfully configured into two separate living spaces, creating three distinct residences in total. The property has been meticulously renovated throughout and delivers an impressive approximate $200,000 in gross annual rental income. The property has undergone significant updates in 2024/2025, including new appliances, new HVAC and wall heaters, new in-slab plumbing, new bathrooms, and updated electrical throughout the home, offering a truly turnkey coastal investment. The main residence offers a modern four-bedroom, two-bathroom layout that is currently separated into upper and lower living areas, each with its own kitchen and private access, connected by an interior door when desired. This flexible design allows the home to function as a single expansive coastal residence or as two independent living spaces, ideal for maximizing income potential or accommodating extended family. The interiors are highlighted by fireplaces, sweeping ocean views, and an open, light-filled layout designed for both everyday comfort and r

Location

State CA

County San Luis Obispo

Area Cayu - Cayucos

Zoning RSF

Rooms

Family Room Other

Dining Room Formal Dining Room, Dining Area in Living Room, Other

Kitchen Dishwasher, Hood Over Range, Microwave, Other, Pantry, Exhaust Fan, Oven Range - Gas, Oven Range - Built-In, Refrigerator, Oven - Gas

Interior

Heating Central Forced Air

Cooling None

Fireplaces Type Family Room, Gas Burning, Living Room, Other Location

Laundry In Garage

Exterior

Parking Features Private / Exclusive, Garage, Other

Garage Spaces 3.0

Fence Other

Pool 31, None

Utilities Available Other

View Bay, Hills, Ocean, Panoramic, 34, Water

Building

Lot Description Grade - Level

Foundation Concrete Slab

Water Hot Water, District - Public

Others

Tax ID 064272016

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

2873 & 2871 Studio DR Cayucos, CA 93430