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.

Listed By CRMLS_CA / Peri Kost / SLO Life Realty Group / 805-540-1046

Last checked: Checking… • Last updated Dec 9, 2023 • Source: CRMLS_CA

MLS# SC23157030 — Report a problem