take the pay cut if you have to and buy a reasonable house. If you think you surf enough now you have no idea how much more you will once you live close. You can still budget trips and whatever else you want to do all you have to do is have the will to make it happen. you your wife and the dog will be much more happier. Make the drive for the family visits not the ocean visits
Thanks for the advice and welcome to swellinfo, I think you're right, just gotta figure this thing out so that it's a seamless transition.