Nice small home on a large lot in a fantastic downtown location! This small area of Cayucos has a microclimate that often enjoys sunshine when the rest of Cayucos is in fog. This location is also often free from the onshore wind that hits the rest of Cayucos. Not only is the microclimate great, but this home is across from the main park, Hardie Park. Talk about location, location, location - this home is 1 block from the tennis courts, 1 block from the swimming pool, 1/2 block from the library, next to the school, and only 3 blocks from the pier - this downtown location has it all! The entire flooring in the home was updated not long ago with bamboo hardwood flooring in the living room and all three bedrooms. The kitchen and both bathroom floors were also upgraded with tile flooring. Both bathrooms were also completely remodeled not long ago. The master bath has a tile walk-in shower with Moen fixtures. The double sink vanity was added with an attractive tile backsplash and Moen fixtures. The common bath was upgraded with a Kohler Villager tub and a tile surround. A new vanity was added with a matching tile backsplash and Moen fixtures.This light and airy three-bedroom two-full-bath home has vaulted ceilings in the living room and the kitchen. It also has an interior utility room to accommodate a full-sized washer and dryer.The electric pole was removed from across this property and the electric lines were all placed underground. No ugly electric lines to disrupt your views as is the case in most of Cayucos.The kitchen countertops were replaced with a Corian countertop and the kitchen has an updated kitchen sink and faucet. The kitchen cabinets are serviceable; however, the cabinets and appliances are in need of an update. The home is vacant and ready to move in now, or find a tenant and collect rent. The home should rent for $2,400 per month with tenant responsible for all utilities. Finally, not only is this the most affordable home in Cayucos, with all utilities on the property, but this large 5,625 square foot lot has room for a second home!! The 947 square foot size of this home qualify it as an ADU, meeting the 1,000 square feet maximum size allowed by the County under its current ADU size limitation. The active water meter and active sewer lateral in place on the property could service a main home and an ADU if a second home is added - buyer to verify with Cayucos Sanitary District and Morro Rock Mutual Water Co. Listed by Doug Michie, Ventura Realty.