Equity Opportunity – Licensed Vacation Rental with Big Upside!
A rare chance to own a double-parcel property in Cambria’s restricted building market, this licensed vacation rental offers income potential and long-term upside. The oversized lot provides additional outdoor space, while the setting captures views of the Santa Lucia Hills.

Most of the heavy lifting is complete: new copper plumbing throughout, updated electrical, added insulation, new sheetrock, and behind-the-walls structural upgrades on the bedroom side. What remains are interior finishes and pest/dry rot repairs (approx. $17K), along with a roof quote (approx. $17K). With an estimated $100,000 in additional improvements, a buyer could complete the project and unlock significant value — though actual costs and returns will vary.

Comparable finished homes in this neighborhood trade at higher price points, giving experienced buyers the opportunity to capture strong equity. Whether held as a vacation rental, finished for resale, or enjoyed as a long-term residence, the upside is undeniable.

This is a fantastic opportunity for the buyer who understands renovations and is ready to capture the reward of finishing a property already well on its way.