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 bedrooms, and 3 bathrooms, plus a newly permitted bonus room on the ground level—perfect for flexible living or hosting guests. On the first floor, you will find two inviting guest bedrooms, a full bathroom, a stylishly updated ¾ bathroom with a walk-in shower, and a laundry room. The newly finished bonus room 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 is a peaceful retreat, featuring 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, a fire pit, paver stones, and lush landscaping with Birds of Paradise and succulents on drip irrigation. Ample parking is available in the driveway and along the east side of the home. Pier Avenue, located just north of the property, offers many amenities including restaurants, a convenience market, the Oceano Elks Lodge, and beach access for vehicles and ATVs. 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. Formerly a successful vacation rental, 1565 Strand Way blends comfort, character, and coastal charm, all just moments from the ocean. Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this property offers endless potential. *The property has an active Vacation Rental License (Contact SLO County to determine process for transferring/reapplying)*