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 and frequent visits from local wildlife. With great curb appeal, two detached sheds (one with a "tiny home" look), and a cottage-style presence, the property blends opportunity with authentic Cambria charm.
Much of the heavy lifting has already been completed, including new copper plumbing, updated electrical, structural bracing, insulation, drywall, subfloor work, and a bathroom with improvements already underway. With further investment in finishes, buyers can unlock significant equity — comparable homes in this neighborhood trade at substantially higher price points.
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.
Sold for $699,000
Listed by: Central Coast Sotheby’s International Realty • Leslie Dougherty • Contact: 805-423-2279
Bought with: NONMEMBER MRML
$699,000
2260 Malvern St, Cambria, CA 93428
2beds
1,318sqft
Single Family Residence
Built in 1954
0.34 Acres Lot
$-- Zestimate®
$530/sqft
$3,034 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,034/mo
Zestimate® history
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List your homeWhat's special
Cottage-style presenceNew copper plumbingSubfloor workOversized lotStructural bracingDouble-parcel propertyGreat curb appeal
Zillow last checked:
Listing updated:
Listed by:
Leslie Dougherty DRE #01715846 805-423-2279,
Central Coast Sotheby’s International Realty
Bought with:
Tricia Copfer, DRE #02172466
NONMEMBER MRML
Source: CRMLS,MLS#: SC25167916
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Living Room
Bathroom
- Features: Low Flow Plumbing Fixtures, Walk-In Shower
Kitchen
- Features: Kitchen Island
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Gas Range, Ice Maker, Refrigerator, Self Cleaning Oven, Water To Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Living Room Deck Attached, Recessed Lighting, Unfinished Walls
- Flooring: Concrete, Laminate, See Remarks, Tile
- Windows: Double Pane Windows, Skylight(s)
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,318 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Down Slope From Street, Driveway, Gravel
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Deck, Open, Patio
- Pool features: None
- Spa features: None
- Fencing: Needs Repair,Wood,Wire
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 0.34 Acres
- Features: 0-1 Unit/Acre
Details
- Additional structures: Shed(s)
- Additional parcels included: 023383060
- Parcel number: 023383063
- Zoning: RSF
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Redwood Siding, Wood Siding, Copper Plumbing
- Foundation: Raised, Slab
- Roof: Composition,Shingle
Condition
- Fixer
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Dog Park, Fishing, Hiking, Park, Preserve/Public Land
- Subdivision: Lodge Hill(430)
Location
- Region: Cambria
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $435,958
- Annual tax amount: $4,828
- Date on market: 8/2/2025
- Cumulative days on market: 20 days
- Listing terms: Cash to New Loan,Submit
- Inclusions: Refrigerator, Stove, Washer, Dryer
- Exclusions: Yard Decor: potted plants, bird bath, garden decor, free standing butcher block, microwave
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $699,000$530/sqft |
Source:  CRMLS #SC25167916 Report a problem | ||
| 9/27/2025 | Pending sale | $699,000$530/sqft |
Source: CRMLS #SC25167916 Report a problem | ||
| 8/31/2025 | Contingent | $699,000$530/sqft |
Source: CRMLS #SC25167916 Report a problem | ||
| 8/16/2025 | Listed for sale | $699,000$530/sqft |
Source: CRMLS #SC25167916 Report a problem | ||
| 8/7/2025 | Pending sale | $699,000$530/sqft |
Source: CRMLS #SC25167916 Report a problem | ||
| 8/2/2025 | Listed for sale | $699,000+60.3%$530/sqft |
Source: CRMLS #SC25167916 Report a problem | ||
| 5/9/2014 | Sold | $436,000+0.2%$331/sqft |
Source: Agent Provided Report a problem | ||
| 3/16/2014 | Listed for sale | $435,000$330/sqft |
Source: Patterson Realty #1041979 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $4,828 | $435,958 +1.5% |
| 2015 | $4,828 +94.2% | $429,411 +95.9% |
| 2014 | $2,486 | $219,209 +2.5% |
| 2012 | -- | $213,942 +2% |
| 2011 | -- | $209,748 +0.8% |
| 2010 | -- | $208,182 -0.2% |
| 2009 | -- | $208,678 +2% |
| 2008 | -- | $204,587 +2% |
| 2007 | -- | $200,576 +2% |
| 2006 | -- | $196,644 +2% |
| 2005 | -- | $192,790 +2% |
| 2004 | -- | $189,011 +1.9% |
| 2003 | -- | $185,548 +2% |
| 2002 | -- | $181,911 +2% |
| 2001 | -- | $178,345 |
Find assessor info on the county website
Neighborhood: 93428
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Nearby schools
GreatSchools rating
- 4/10Cambria Grammar SchoolGrades: K-5Distance: 0.3 mi
- 5/10Santa Lucia Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Coast Union High SchoolGrades: 9-12Distance: 1.2 mi
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- California
- San Luis Obispo County
- Cambria
- 93428
- 2260 Malvern St
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