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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 Type(s):
Single Family
| Last Updated | 4/13/2026 | Tract | Oceano(350) |
|---|---|---|---|
| Year Built | 1930 | Community | OCNO - Oceano |
| Garage Spaces | 1.0 | County | San Luis Obispo |
Price History
| Prior to Apr 13, '26 | $700,000 |
|---|---|
| Apr 13, '26 - Today | $675,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater |
| AREA | OCNO - Oceano |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Back Yard, Rectangular Lot |
| LOT DIMENSIONS | 5000 |
| PARKING | Garage Faces Front, Garage, Paved, RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Oceano(350) |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Invest SLO
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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