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Key Details
Sold Price $1,275,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision Oceano(350)
MLS Listing ID SC23157030
Sold Date 12/08/23
Bedrooms 2
Full Baths 2
Three Quarter Bath 1
Condo Fees $511
HOA Fees $511/mo
HOA Y/N Yes
Year Built 1991
Lot Size 914 Sqft
Property Description
Discover an exceptional investment property or the perfect full-time beachfront residence. Embrace the idyllic beachfront lifestyle and claim your own piece of paradise by the sea. This enchanting property has served as both the owner's cherished vacation home and a licensed vacation rental when they're away. Immerse yourself in awe-inspiring vistas of the Pacific Ocean, where each day unfolds from sunrise to sunset in breathtaking beauty.
Upon entering this two-story beachfront abode, you'll be greeted by the gentle caress of ocean breezes and the soothing symphony of waves. Both levels offer panoramic ocean and whitewater views, nestled within a quaint five-unit complex right at the water's edge. Access this coastal gem through secure electric gates leading to subterranean parking for two vehicles. The community boasts an enclosed courtyard, making it a convenient space for your furry friends.
The open kitchen features newly adorned granite countertops, complete with a breakfast counter that seamlessly transitions into the dining area and living room. The open living space is graced by a natural gas fireplace with a custom tile surround, a wet bar, and sliding glass doors that beckon you to the patio, where the beach is your backyard.
This gem also includes a downstairs bathroom with a shower and "one-year-old" stacked washer and dryer, thoughtfully provided. Ascend the stairs to find two generously sized primary suites and a cozy sitting area/home office bathed in natural light from the skylight above. The primary bedroom suite boasts a private balcony facing the ocean, offering mesmerizing whitewater views. The second spacious bedroom suite overlooks a serene common green belt area.
Situated near the Pier Avenue entrance to the Oceano Dunes, the west side of the building opens onto a state park, ensuring no future development to obstruct your view. The current owner has resided in the home for 7-8 months each year, renting it out for 4-5 months annually over the past four years. During this short rental period, the property has generated an impressive income ranging from $60,000 to $70,000 per year. If you intend to utilize it as a full-time vacation rental, anticipate a substantial increase in income. Marvel at glorious sunsets from your living room and catch glimpses of kite surfers and seasonal whales, making this property a coastal dream come true.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Zoning CR
Rooms
Ensuite Laundry Inside, Stacked
Interior
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, All Bedrooms Up, Multiple Primary Suites
Laundry Location Inside,Stacked
Cooling None
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Appliance Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
Laundry Inside, Stacked
Exterior
Garage Underground, Gated
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Fishing
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Amenities Available Controlled Access, Management, Picnic Area, Pets Allowed, Trash
Waterfront Description Beach Access,Beach Front,Ocean Front
View Y/N Yes
View Ocean
Parking Type Underground, Gated
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Entry Level Two
Sewer Septic Tank
Water Public
Level or Stories Two
New Construction No
Schools
School District Lucia Mar Unified
Others
HOA Name 1256 Strand Way
Senior Community No
Tax ID 061012062
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Cash Thomas • NONMEMBER MRML
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605