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561 Lucerne, Cayucos, CA 93430

$1.17M2bd · 2ba · 1,396 sqft
Lot 1,616 sqft•HOA $500/mo•Condominium•
Active
•168d on market•MLS# SC-26107295

Property Description

Wake up each day to a front row panorama of Estero Bay, where the coastline from the Cayucos Pier to Morro Rock unfolds right outside your window. Just moments from the beach and a quick stroll to downtown Cayucos, this move in ready coastal two-story condo offers effortless living in one of the most scenic corners of San Luis Obispo County. From your elevated vantage point, the Pacific becomes part of your daily rhythm with rolling waves, sea breezes, and the glow of sunset stretching across the bay. The main living level is designed to showcase the view, with southwest facing windows that fill the space with natural light. A generous ocean view deck extends the living area outdoors, creating an ideal spot for morning coffee or evening meal. Inside, the living and dining spaces flow together around a gas fireplace, offering a warm retreat after beach walks or exploring nearby trails. The remodeled kitchen brings a fresh, modern feel with updated finishes, bar seating, and ample pantry storage while offering glimpses of Morro Rock. Downstairs, two comfortable bedrooms provide privacy and quiet, with full bathrooms conveniently located on each level. Great storage throughout the home ensures everything stays organized, whether you’re settling in full time or enjoying a coastal getaway. Each residence in this well kept six unit community includes a single car garage with indoor laundry plus an additional reserved parking space. The charming entryway welcomes you home and shared community landscaping is covered by the monthly HOA. With professional management overseeing the entire property, you can relax knowing the grounds and common areas are cared for year-round. Experience the best of Cayucos-by-the-Sea with this turnkey home, close to the ocean and your next adventure.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
None
View
Ocean
City
Cayucos
Zip Code
93430
County
San Luis Obispo
Listed byCentral Coast Real Estate, Catherine Stone

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,906.04
Principal & Interest
Loan Amount
$934,400
Total Interest
$1,191,776
Total Payment Over 30 Years
$2,126,176
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 1 active · 3 closed

561 Lucerne, Cayucos, CA 93430

Cayucos · Condominium

$1.17M
Affordable Tier
Beds
2
Baths
2
Sqft
1,396
Lot
1,616 sqft
Year
1980
$/Sqft
$837
Pool: No✓
View: water✓
Garage: 1-car✓

Listed 6.2% above the median closed sale of $1,100,000. Price per sqft ($837) is a 38% discount to closed comps ($1,340). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 194 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.17M· $837/sqft
Total list price
Closed comps
vs closed median $1.10M
+$68K (+6.2%)
Active comps
vs active median $1.20M
−$31K (−2.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $859
−$22 (−2.6%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
557 Lucerne St.Cayucos1980221,3961,616$859$1.20M50589
Total: 1 · Average2.02.01,3961,616$859$1.20M505
Median1,396$1.20M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
349 Ocean AvenueCayucos197708/14/202621790790$1.15M$1.10M$1,3920.9632680
77 OceanCayucos197405/01/202622938938$1.25M$1.19M$1,2650.957579
349 N. Ocean AvenueCayucos197708/28/202611745745$1.10M$1.01M$1,3620.9218278
Total: 3 · Average1.71.3824.333824.333$1.10M$1.10M$1,339.667—194.33333333333334
Median790$1.10M$1.10M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.