Exclusive, new, co-ownership opportunity: Own one-eighth of this professionally managed, white-glove-serviced turnkey home by Pacaso. Cayucos beachfront! One-of-a-kind, high-end 3 bed 3 bath ultra-custom home with steps to the sand is perfectly placed between Morro Rock and the Cayucos pier on one of the most desirable stretches of beach on the West Coast. You'll be dazzled by this fun, whimsical, deliciously decorated, quality home. The main living area includes ocean-front living room, dining area and custom kitchen with Viking, Bosch, and Thermador appliances. The upper premiere suite has a full theater/media system with hidden screen, private, upper-level entrance, king-sized bed, full walk-in closet, hand-blown glass sink, deluxe, sea-glass surrounded soaking tub with a view of the Morro Rock plus a brand-new, top-end, dual head steam shower. The expansive beach stone upper deck features a firepit and stunning 180-degree+ ocean views. The lower premiere suite features king bed, with a peek of the ocean and a custom en-suite bath. The third bedroom features two luxury yacht-style custom double bunks, totaling 4 adult-sized deluxe twin beds. Expansive den includes fully outfitted media room with foosball table, workout equipment, full laundry, spacious double-headed steam shower, and massive amounts of lockable storage. Doorknobs are handcarved moonstone. Outdoor area features English-mason-crafted stone (gas) firepit, two large decks off the living room, private all-teak gorgeously lit staircase with direct access to the beach a full hot and cold outdoor shower with additional hot and cold foot wash. Be sure to check out the Virtual Tour! The entire home is offered at $4,750,000 and is an extremely successful LICENSED VACATION RENTAL. Owner can offer a turnkey solution upon request for continued Vacation Rental operations with furnishings, equipment and supplies negotiable. This home can generate $200,000+ gross income if fully available. Two-year rental history available upon request to qualified buyers. This is an active vacation rental and showing times are very limited for summer. Contact your favorite realtor to learn more. All information deemed reliable and buyers are encouraged to do their own investigations regarding square footage, SLO County's ability to re-issue vacation rental license and income potential. Seller intends to participate in a 1031 Exchange at no cost to the buyer.