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51 S Ocean Avenue

Cayucos, CA 93430
  • $5,800,000
  • STATUS: Active
  • ON SITE: 112 Days
  • ID#: SC24035889
UPDATED: 172 min ago
$5,800,000
  • 6
    BEDS
  • 0.23
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,748
    SQFT
  • $1,547
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:

School Ratings & Info

School District:
Listing Agent(s): Frankie Ciano of Ciano Real Estate, Inc. (805-771-9779)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-13T16:42:14.61. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/147802891
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51 S Ocean Avenue Cayucos, CA 93430

  • Price: $5,800,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 172 min ago
  • ID#: SC24035889
6
Beds
7
Baths
0
½ Baths
0.23
Acres
3,748
SQFT
$1,547
$/SQFT
1938
Built
Neighborhood:
Town Of Cayucos(540)
County:
San Luis Obispo
Area:
CAYU - Cayucos
School District:
San Luis Coastal Unified
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.
Exterior Features

Architectural Style Spanish Attached Garage YN No Construction Materials Stucco Entry Level 1 Entry Location 1 Exterior Features Rain Gutters Fencing BlockBrickWood Lot Features Corner Lot Other Structures Guest House Parking Features Door-MultiDrivewayGarageGravelRV Potential Parking Total 2 Patio And Porch Features CoveredFront Porch Pool Features None Pool Private YN No Property Attached YN No Roof Spanish Tile Sign On Property YN No View Ocean View YN Yes Waterfront Features Ocean Side Of Highway

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Main Level Bathrooms 7 Main Level Bedrooms 5 Window Features Insulated Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN Yes Land Lease YN No Laundry Features Common Area Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Property Condition Turnkey Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Utilities Cable AvailableNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-13T16:42:14.61. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Frankie Ciano of Ciano Real Estate, Inc. (805-771-9779)