(CA BRE # shown above if in IDX data)
805-540-9333
- Beds 2
- Garage 1
- Baths 2
- SQFT 1,104
- Status Active
- Year Built 1930
- Property Type house
About This Property
Introducing the "Duneside Retreat"--a rare coastal opportunity offering exceptional development potential in a designated Opportunity Zone. Set on a versatile parcel, this property features a 2-bedroom, 1-bath main residence complemented by a 432 sq ft addition that functions like a Junior ADU. Complete with its own bathroom and a flexible layout, this is a fully permitted addition completed in 2001 that is ideal for multi-generational living, guest quarters, or potential income. With zoning that allows for a main residence plus up to three additional ADUs (each up to 1,200 sq ft, buyer to verify with SLO County), this property presents a compelling opportunity for developers, investors, or those seeking to create a multi-unit coastal compound. Located within an Opportunity Zone, buyers may benefit from significant tax advantages, including the potential to defer capital gains and eliminate taxes on future appreciation when held long term (buyer to consult tax professional). Beyond its development potential, Duneside Retreat offers immediate lifestyle appeal--ideal for owner-occupants, multi-generational living, or generating rental income through short- or long-term leasing. Its adaptable configuration makes it equally suited as a primary residence, vacation getaway, or income-producing asset. A truly unique offering combining location, flexibility, and long-term financial upside.
Property Details
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS). !-->