Welcome to your coastal escape at 1565 Strand Way in Oceano, just steps from the white sand beaches of the Pacific Ocean. This versatile and beautifully maintained home offers 3 standard bedrooms, 3 bathrooms, plus a large bonus room that can serve as a large 4th bedroom—perfect for flexible living or a Vacation Rental to accommodate up to 10 guests. On the first floor, you will find two guest bedrooms, bonus room, a full bathroom, a stylishly updated ¾ bathroom with a walk-in shower, and laundry room. The newly finished bonus room (fully permitted) includes built-in cabinetry, a large storage space, new HVAC, upgraded insulation and windows, and a slider that opens to a private outdoor shower. Head upstairs to discover a bright and open living space with vaulted ceilings, exposed beams, a wood-burning stove, and ocean views. The well-appointed kitchen and dining area flow seamlessly out to a second-story ocean-facing deck, perfect for morning coffee and entertaining. The primary suite features an en-suite bathroom and a spacious walk-in closet. Step outside to a rarely found, expansive ground-level patio, complete with glass windbreak walls, fire pit, paver stones, and lush landscaping with Birds of Paradise and succulents on drip irrigation. Ample parking for up to 6 vehicles is available around the perimeter of the property. Pier Avenue, located just north of the property, offers many amenities including restaurants, a convenience market, the Elks Lodge, and beach access. Hiking and recreation is just around the corner at the Oceano Lagoon, the Dune Trail, and at Oceano Park. Vibrant nearby communities include Pismo Beach, Avila Beach, Arroyo Grande, and San Luis Obispo. Whether you're seeking a full-time residence, a vacation getaway, or a Vacation Rental opportunity, this property offers endless potential. *The property has an active Vacation Rental License (Contact SLO County to determine process for transferring/reapplying)*