tomo logo

$1,250,000

Beds
2
Baths
1.75
sq ft
938

77 N Ocean Ave Unit 12, Cayucos, CA 93430

77 N Ocean Ave Unit 12

Cayucos, CA 93430

  • 1 day on market
Wake up to breathtaking ocean views in this charming and recently updated 2-bed, 2-bath condo in the heart of Old town Cayucos. Just a quick walk to the sand, this vacation-licensed home offers the perfect mix of relaxation and convenience. The upper level features an inviting living room that opens to a balcony overlooking the ocean, creating the perfect spot to enjoy the coastal breeze. The well-appointed kitchen boasts quartz countertops, a stylish tile backsplash, gold hardware, and bar seating. A cozy breakfast nook connects the kitchen and living area - making it ideal for casual meals - with a guest bath to complete this level. Downstairs, both bedrooms provide a peaceful retreat, with a full bath conveniently separating the two. Positioned just a few hundred feet from Cayucos Beach and right on Ocean Ave, this condo places you within easy reach of popular spots like Duckie’s, Luna Cafe, and Brown Butter Cookie Company. Whether you're looking for a weekend escape or a potential vacation rental — OR BOTH! — this coastal gem is a rare opportunity.

Details

Property type

Condominium

Est. home value

$961,916

Lot size

958.32 sq ft

Price per sq ft

$1,333

Year built

1974

Monthly HOA fee

$550

Price History

03/03/2025
CRMLS

CRMLS #SC25045279

Listed
$1,250,000
+30.55%
10/21/2022
CRMLS

CRMLS #NS22172878

Sold
$957,500

Schools & Community

Elementary school: 

Cayucos

Middle school: 

Unknown

High school: 

Morro Bay

Community features: 

Curbs, Sidewalks

High school district: 

San Luis Coastal Unified

Number of units in community: 

12

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$539,998
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$610,002
Cash to seller
$539,998

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Country Club Mortgage Inc

Loan start date

September 2022

Original loan amount

$632,500

Est. remaining balance

$610,002

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Arturo Isaias Alafa and Tony Pires

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 10:35 PM

Listing updated: 03/03/2025 at 5:54 PM

Listed by: Blake Shawn, Real BrokerReal Broker Phone #: (619) 248-6934

MLS: CRMLS #SC25045279

CRMLS logo

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