51 Ocean Avenue, Cayucos, CA 93430
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Listed Price :
$5,800,000
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Beds :
6
-
Baths :
7
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Property Size :
3,748 sqft
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Year Built :
1938
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.
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
7 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
51 Ocean Avenue |
| City |
Cayucos |
| State |
CA |
| Zip |
93430 |
| County |
San Luis Obispo |
| Listing Agent |
Frankie Ciano DRE #01412309 |
| Courtesy Of |
Ciano Real Estate, Inc. |
| List Price |
$5,800,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
3,748 |
| Lot Size |
10,019 |
| Year Built |
1938 |
Listing information courtesy of: Frankie Ciano, Ciano Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 22nd, 2024 at 6:41 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
