Home | San Luis Obispo County | Cayucos | 93430 | 2873 & 2871 Studio Dr
MLS: CRPI26013165 | Status: Active | Price: $2,600,000
Beds/Baths: 6 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 6 | 3 | 2,772 | 4,400 | 1957 |
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
| Field | Value |
|---|---|
| MLS # | CRPI26013165 |
| MLS Source | California Regional MLS |
| Days on Site | 80 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom, Primary Suite/Retreat |
| Kitchen | Exhaust Fan, Other, Pantry |
| Appliances | Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Other, Oven - Gas, Oven Range - Built-In, Oven Range - Gas, Refrigerator |
| Dining Room | Dining Area in Living Room, Formal Dining Room, Other |
| Family Room | Other |
| Fireplace | Family Room, Gas Burning, Living Room, Other Location |
| Laundry | In Garage |
| Cooling | Ceiling Fan, None |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Foundation | Slab |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Other, Private / Exclusive, Garage: 3 Car(s) |
| Elementary District | Coast Unified |
| High School District | Coast Unified |
| HOA Fee | $0 |
| Zoning | RSF |
CJ Hegney
NextHome Central Coast
License #: 02203414
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Cayucos Elementary School | public | K-8 | 1.98 mi | 8 |
| Del Mar Elementary School | public | K-5 | 2.64 mi | 6 |
| Morro Bay High School | public | 9-12 | 3.41 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 159 Ash Avenue | $2,600,000 | 4 | 2/1 | 2,362 | Active |
| 340 D St | $2,700,000 | 4 | 2/1 | 2,960 | PendingDoNotShow |
| 3092 Studio | $3,090,900 | 2 | 2 | 1,660 | Active |
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This listing information is up-to-date as of April 14, 2026. For the most current information, please contact CJ Hegney.