Listed by Abel Contreras, Invest SLO, (805) 709-7143
$2,995,000
5 Beds
5 Baths
3,869 sqft
1111 Strand Way, Oceano, CA 93445
Est. Mortgage $18,129/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2016
$774/sqft
Garage
Local Information
- Map ViewExplore the area around 1111 Strand Way.
- Schools1 Elementary School1 Middle School2 High Schools
- Shop & Eat
-- mins to
About this House
A 2016-built oceanfront triplex on Oceano's most coveted street --
Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast.
Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high.
Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+.
Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.
Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast.
Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high.
Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+.
Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.
Home Details for 1111 Strand Way
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Interior Details Number of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Entry Foyer, Kitchen, Laundry, Living Room, Loft, Other |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water HeaterDishwasherDisposalLaundry: InsideMicrowave |
Heating & Cooling Heating: Electric,Fireplace(s),ZonedHas CoolingAir Conditioning: Electric,ENERGY STAR Qualified Equipment,ZonedHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: GasSpa: NoneHas a FireplaceNo Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Window: Double Pane Windows, ENERGY STAR Qualified WindowsDoor: ENERGY STAR Qualified Doors, Sliding DoorsFlooring: Laminate, VinylCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Front DoorAccessibility: Parking, Accessible DoorsFloors: Laminate, Vinyl |
View Has a ViewView: Ocean |
Security Security: Security Lights |
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Exterior Home Features Roof: Membrane SyntheticFencing: NoneExterior: Awning(s), Lighting, Rain GuttersFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageNo Attached GarageParking Spaces: 8Parking: Asphalt,Door-Multi,Direct Access,Driveway,Garage,Garage Door Opener,Oversized,Paved,Private,Garage Faces Side |
Pool Pool: None |
Frontage Waterfront: Across the Road Water Frontage, Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Freeway, Ocean Side Of HighwayNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Days on Market: 1 |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TriplexArchitecture: Contemporary,Custom |
Building Construction Materials: Block, Cement Siding, Glass, Concrete, Stucco, SteelIs a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 061011049 |
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Price List Price: $2,995,000Price Per Sqft: $774 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: OceanoCommunity: Oceano(350) |
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Listing Agent Listing ID: PI26194623 |
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Building Area Building Area: 3869 Square Feet |
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Community Features: Preserve/Public LandNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 5980 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Owner May Carry, Submit |
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Energy Efficiency Features: Construction, Windows, Appliances, Water Heater |
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FurnishedNo Rent Control |
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Mls Number: PI26194623Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: 805-709-7143Common Interest: NoneUniversal Property Id: US-06079-N-061011049-R-N |
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Preserve/Public LandSource Internet Entire Listing Display |
Around this home
What Locals Say about Oceano
At least 33 Trulia users voted on each feature.
94 % Say car is needed
86 % Say it's dog friendly
74 % Say yards are well-kept
67 % Say parking is easy
67 % Say there are sidewalks
66 % Say there's holiday spirit
63 % Say it's walkable to grocery stores
61 % Say there's wildlife
60 % Say they plan to stay for at least 5 years
56 % Say it's walkable to restaurants
50 % Say kids play outside
49 % Say neighbors are friendly
43 % Say people would walk alone at night
39 % Say it's quiet
33 % Say streets are well-lit
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Oceano
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
1MoM
Home Value
Trulia Estimate
$2.89MSince last month
Increased$397K (+15.9%)Since last year
Increased$271K (+10.3%)Since last sale
Increased$562K (+24.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +154% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.89M |
| August 2026 | $2.52M |
| July 2026 | $2.49M |
| June 2026 | $2.52M |
| May 2026 | $2.53M |
| April 2026 | $2.53M |
| March 2026 | $2.55M |
| February 2026 | $2.53M |
| January 2026 | $2.46M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.06 | Multi-Family Home | $1,245,000 | 08/10/26 | 6 | 3 | 2,632 | |
1.32 | Multi-Family Home | $975,000 | 12/11/25 | 8 | 4 | 3,113 | |
1.19 | Multi-Family Home | $789,000 | 03/12/26 | 5 | 3 | 1,552 | |
1.02 | Multi-Family Home | $800,000 | 02/04/26 | 4 | 2 | 1,620 | |
1.23 | Multi-Family Home | $1,760,000 | 08/05/26 | 12 | 10 | 5,500 | |
1.25 | Multi-Family Home | $825,000 | 03/25/26 | 4 | 2 | 1,755 | |
1.32 | Multi-Family Home | $895,000 | 07/09/26 | 4 | 2 | 2,080 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $275,000 | - | - | - | Recently Sold | |
0.05 | $389,000 | - | - | - | For Sale | |
0.07 | $1,311,500 | 2 | 3 | 1,664 | Off Market | |
0.09 | $499,000 | - | - | - | For Sale | |
0.10 | $425,400 | - | - | - | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.13 | $2,999,900 | 5 | 3.5 | 3,118 | For Sale | |
0.12 | $1,799,000 | 4 | 3.5 | 2,772 | For Sale | |
0.12 | $1,351,200 | 8 | 7 | 4,074 | Off Market | |
0.15 | $325,000 | - | - | - | For Sale | |
0.17 | $2,796,900 | 3 | 3.5 | 2,950 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 4, 2026 Source: CRMLS #PI26194623 | Listed For Sale | $2,995,000 |
Jul 9, 2020 Source: CRMLS #SP20095208 | Sold | $2,327,500 |
Jun 18, 2020 Source: Agent Provided | Pending | $2,750,000 |
May 21, 2020 Source: Agent Provided | Listed For Sale | $2,750,000 |
Jul 11, 2019 Source: N/A | Sold | $730,000 |
Nov 1, 2018 Source: Agent Provided | Listed For Sale | $2,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $2,569,744 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Abel Contreras, Invest SLO
Agent Phone: (805) 709-7143
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 14:51:59 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 14:51:59 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 1111 Strand Way
- What is the estimated monthly payment for 1111 Strand Way?Based on a $2,995,000 list price with 20% down at today's rates, the estimated monthly payment for 1111 Strand Way in Oceano, CA is approximately $18,474 (about $15,679 principal & interest, $2,720 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Oceano?Residents describe Oceano, CA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Oceano, CA.
- What are the closest schools to 1111 Strand Way?The closest schools to 1111 Strand Way in Oceano, CA are Arroyo Grande High School (rated 9/10), Central Coast New Tech High School (rated 9/10), Judkins Middle School (rated 6/10).
- What is 1111 Strand Way estimated to be worth?Trulia's estimated value for 1111 Strand Way in Oceano, CA is $2,889,200.
- Does 1111 Strand Way have air conditioning?Yes, 1111 Strand Way in Oceano, CA has air conditioning.
- Does 1111 Strand Way have laundry facilities?Yes, 1111 Strand Way in Oceano, CA has laundry facilities.
1111 Strand Way, Oceano, CA 93445 is a 5 bedroom, 5 bathroom, 3,869 sqft multi-family built in 2016. This property is currently available for sale and was listed by CRMLS on Sep 4, 2026. The MLS # for this home is MLS# PI26194623.