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Sold for $1,275,000 on 12/08/23
  • Listing Provided by: 

    Peri Kost DRE #00902440 805-540-1046,

    SLO Life Realty Group,

    Joesef Silva-Jackson DRE #01208980 805-202-8612,

    SLO Life Realty Group

    Bought with: NONMEMBER MRML
    $1,275,000

    1256 Strand Way #3, Oceano, CA 93445

    2beds
    1,664sqft
    Condominium
    Built in 1991
    -- sqft lot
    $1,309,600 Zestimate®
    $766/sqft
    $3,179 Estimated rent

    Home value

    $1,309,600

    $1.22M - $1.41M

    $3,179/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2023 at 05:38pm

    Listing Provided by:

    Peri Kost DRE #00902440 805-540-1046,

    SLO Life Realty Group,

    Joesef Silva-Jackson DRE #01208980 805-202-8612,

    SLO Life Realty Group

    Bought with:

    General NONMEMBER, DRE #01922037

    NONMEMBER MRML

    Source: CRMLS,MLS#: SC23157030MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
    • Laundry: Inside, Stacked
    Features
    • Ceiling Fan(s), Granite Counters, Open Floorplan, All Bedrooms Up, Multiple Primary Suites
    • Has fireplace: Yes
    • Fireplace features: Gas Starter, Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,664 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Underground, Gated
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front door
    • Pool features: None
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Beach Access, Beach Front, Ocean Front
    Lot
    • Size: 916 sqft
    Details
    • Parcel number: 061012062
    • Zoning: CR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Fishing
    Location
    • Region: Oceano
    • Subdivision: Oceano(350)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $511 monthly
    • Amenities included: Controlled Access, Management, Picnic Area, Pets Allowed, Trash
    • Association name: 1256 Strand Way
    • Association phone: 805-543-2636

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    12/8/2023Sold$1,275,000-8.6%$766/sqft
    Source: CRMLS #SC23157030
    11/2/2023Contingent$1,395,000$838/sqft
    Source: CRMLS #SC23157030
    10/7/2023Price change$1,395,000-1.8%$838/sqft
    Source: CRMLS #SC23157030
    9/16/2023Price change$1,420,000-5%$853/sqft
    Source: CRMLS #SC23157030
    8/27/2023Listed for sale$1,495,000+53.3%$898/sqft
    Source: CRMLS #SC23157030

    Public tax history

    YearProperty taxesTax assessment
    2025$14,223 +3.4%$1,300,500 +2%
    2024$13,761 +21.2%$1,275,000 +22%
    2023$11,355 +1.5%$1,045,394 +2%

    Find assessor info on the county website

    Neighborhood: 93445

    Nearby schools

    GreatSchools rating
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