51 S Ocean Avenue, Cayucos, CA 93430

$5,800,000
6
BD
7
BA
3,748
SqFt
List Price
$5,800,000
Status
ACTIVE
MLS#
SC24035889
Year Built
1938
Bedrooms
6
Bathrooms
7
Living Sq. Ft
3,748
Lot Size
10,019
Acres
0.23
Lot Location
Corner Lot
Days on Market
147
Property Type
Single Family Residential
Style
Spanish
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Town Of Cayucos(540)

Property Description

Legacy, Opportunity, and Functionality; a Spanish Mediterranean style property that has it all. Zoned commercial, residential, and hospitality, the possibilities are rich. Situated a block from the heart of beautiful downtown Cayucos, this prime corner property includes a completely renovated 3 bedroom, 2 bathroom main residence with basement. Adjacent to the main house is a free standing 2 car garage with a 1 bedroom guest suite above that is slated for redesign. Included in the sale is a boutique motel with options for 2 suites with full kitchens, or 4 separate units if desired. The motel, modernized while capturing the classic feel, was the first to operate in Cayucos in the 1930's and features a small office. There are 5 parking spaces on site as well as 2 private spaces accessed from Pacific Street. Within 500 feet of the beautiful sandy beaches, this downtown parcel consists of 4 underlying lots, opening up the possibility of additional development. With a population of nearly 3,000, Cayucos is one of the most idyllic places to live in California and this is a rare opportunity to own an iconic beach town property with ocean views. Established short term rental business/hospitality designation offers a variety of options for the new owner.

Additional Information

Other Buildings
Guest House
Pool Description
None
Fireplace Description
Living Room
Cooling Description
None
View
Ocean
Exterior Construction
Stucco
Patio
Covered, Front Porch
Roof
Spanish Tile
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
San Luis Coastal Unified
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Frankie Ciano (frankie@cianorealestate.com) from Listing Office: Ciano Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.