Rare Find on Cayucos Hillside! Two 40' x 70' ocean view lots with three units on the uphill side of Shearer Avenue. The 80' of frontage offers fine point-to-point ocean views and grand natural light in most rooms, with no neighboring structures on the parcels behind the 80' wide back yard. This setting creates an unusually open feeling with elements of beach and country. The carefully maintained property includes one 2 bedroom house with a large view deck, one 1 bedroom house with a smaller view deck and an efficient studio. Multiple utility meters are existing. There are two single car garages and outside parking for five cars along the 80 feet of street frontage. There are abundant options for use! Live in one or rent all the units, have a family compound for full time or vacation use, or connect the houses! Enjoy the special Cayucos lifestyle with ever changing ocean views, beautiful sunsets and the sound of crashing surf! The beach is a short walk away and the back part of the property is open to a natural environment. Must see to appreciate - Call your Realtor today!