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.
CondoProperty Type
1991Year Built
916 sq ftLot Size
$867Est. Price/Sq.Ft.
2 car garageParking
Listed by Peri Kost•DRE #00902440• SLO Life Realty Group
Listed by Joesef Silva-Jackson•DRE #01208980• SLO Life Realty Group
Contact: 805-540-1046
Bought with Cash Thomas•DRE #01922037• NONMEMBER MRML
Own your own slice of beach paradise. Rent this successful beach rental for a night or two (like we did when we bought it 13 years ago),and you will fall in love. This two story beach home is in a small complex of just five units, right on the sand. Enter through electric gates to subterranean parking for two vehicles. The main level has stunning ocean and whitewater views from the moment you walk in the front door. Open kitchen has new oven, dishwasher, and pass-through breakfast counter to the dining area/living room. Entire north wall of the living/dining area has a handpainted mural of the ocean and coastal bluffs. Living room has a natural gas fireplace, wetbar, and sliding glass doors leading to the downstairs private patio, and out to the beach. There's also a bathroom with shower, and stacked washer/dryer downstairs. At the top of the stairs is a guest bedroom with private bathroom. There's a sitting area under big skylight off the upstairs hallway. The master bedroom has a private bath, and incredible ocean and whitewater views from the private balcony patio. Whale watch from the privacy of your balcony patio, and fall asleep to the sound of crashing waves. Located by the Pier Avenue entrance to the Oceano Dunes. OREL.
Public Records
Oct 14, 2005
Sold
$900,000
$541/sq ft
NSBCRMLS #104330
Oct 14, 2005
Listing Removed
—
Jul 14, 2005
Listed
$995,500
$598/sq ft
CRMLS #PI104330
Oct 14, 2005
Sold
$900,000
$541/sq ft
Jul 14, 2005
Listed
$995,500
$598/sq ft
NSBCRMLS #1015516
Apr 30, 2004
Sold
$765,000
$460/sq ft
Nov 4, 2002
Listed
$795,000
$478/sq ft
CRMLS #PI1015516
Apr 30, 2004
Sold
$765,000
$460/sq ft
Nov 4, 2002
Listed
$795,000
$478/sq ft
Public Records
Feb 1, 2002
Sold
$2,500,000
$1,502/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$14,223 (+3.4%)
$936,360 + $390,150
$1,326,510
2024
$13,761 (+21.2%)
$918,000 + $382,500
$1,300,500
2023
$11,355 (+1.5%)
$900,000 + $375,000
$1,275,000
2022
$11,187 (−4.6%)
$723,734 + $321,660
$1,045,394
2021
$11,722 (+6.2%)
$709,544 + $315,353
$1,024,897
2020
$11,039 (+0.7%)
$695,632 + $309,170
$1,004,802
2019
$10,960 (+3.5%)
$688,500 + $306,000
$994,500
2018
$10,593 (+46.8%)
$675,000 + $300,000
$975,000
2017
$7,214 (+4.0%)
$450,000 + $175,000
$625,000
2016
$6,937 (+3.4%)
$450,000 + $175,000
$625,000
2015
$6,710 (−20.5%)
$450,000 + $175,000
$625,000
2014
$8,438
$625,000 + $175,000
$800,000
2013
$8,431
$625,000 + $175,000
$800,000
2012
$8,428
$625,000 + $175,000
$800,000
Tax history for 1256 Strand Way #3
Year
Property tax
Land + Additions
Assessment*
2025
$14,223 (+3.4%)
$936,360 + $390,150
$1,326,510
2024
$13,761 (+21.2%)
$918,000 + $382,500
$1,300,500
2023
$11,355 (+1.5%)
$900,000 + $375,000
$1,275,000
2022
$11,187 (−4.6%)
$723,734 + $321,660
$1,045,394
2021
$11,722 (+6.2%)
$709,544 + $315,353
$1,024,897
2020
$11,039 (+0.7%)
$695,632 + $309,170
$1,004,802
2019
$10,960 (+3.5%)
$688,500 + $306,000
$994,500
2018
$10,593 (+46.8%)
$675,000 + $300,000
$975,000
2017
$7,214 (+4.0%)
$450,000 + $175,000
$625,000
2016
$6,937 (+3.4%)
$450,000 + $175,000
$625,000
2015
$6,710 (−20.5%)
$450,000 + $175,000
$625,000
2014
$8,438
$625,000 + $175,000
$800,000
2013
$8,431
$625,000 + $175,000
$800,000
2012
$8,428
$625,000 + $175,000
$800,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
1,664
Year built
1991
Style
Condo/Co-op
County
San Luis Obispo County
APN
061-012-062
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RMF
SAN LUIS BAY COASTAL PLANNING AREA
COASTAL ZONE
Residential, Multi-Family Distict
The purpose of this section is to establish standards for the conversion of rental housing into condominiums that conform to the General Plan and Housing Element, maintain a supply of affordable housing units, retain some rental units, reduce the impact of such conversions on the tenants, facilitate resident ownership of the converted units, ensure that converted housing achieves a high standard of safety and quality, and inform the prospective buyers of the physical conditions of the structure.
Zone overlays
Permitted uses
Include but are not limited to:
Bed & breakfast
Office-Other
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Gated, Subterranean
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside, Stackable
Kitchen Information
Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
Has Appliances
Bathroom Information
# of Baths (Full): 2
# of Baths (3/4): 1
Room Information
All Bedrooms Up, Two Primaries
Fireplace Information
Living Room, Gas Starter
Has Fireplace
Interior Features
Entry Level: 1
Entry Location: Front door
Ceiling Fan, Granite Counters, Open Floor Plan
Levels: Two
Main Level Bathrooms: 1
Main Level Bedrooms: 0
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Property Information
Common Interest: Condominium
Total # of Units: 5
Common Walls: 1 common wall
Living Area Source: Assessor's Data
Parcel Number: 061012062
Attached Property
Total # of Stories: 2
Has View
Waterfront Features: Lot has Beach Access, Lot on Beach Front, Lot on Ocean Front
Year Built Source: Assessor
Property ADU: No
Utilities
Utilities Information
Sewer: Septic Tank
Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected