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$5,800,000
6 bed
1 bath
3,748 Sqft
10,019 Sqft lot

51 S Ocean Avenue, Cayucos, California 93430

  • Residential Property Type
  • 125 Days Time on market
  • $1,547 Price per sqft
  • 1938 Year Built
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.

Basic Details
Residential
Buy
SC24035889
$5,800,000
6
1
3,748 Sqft
1938
10,019 Sqft
Active
Single Family Residence
Houses
Features
: Wood, Block, Brick
: Ocean
: Living Room
: Covered, Front Porch
: Spanish
: Sidewalks
2
$0
: Spanish Tile
: Public Sewer
Address
CA
San Luis Obispo
Cayucos
93430
51 S Ocean Avenue
51
Avenue
0
W121° 5' 57.3''
N35° 26' 50.5''
S
Additional Information
125
1
1
1
7
: One
1
: Common Area
2
1
0 Sqft
1
0 Sqft
0 Sqft
: Estimated
0.23 Sqft
10,019 Sqft
1
: No Common Walls
0 Sqft
064125040
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
21/02/2024 15:09:38
$0
: Standard
CashtoNewLoan
On South East corner of Pacific and Ocean, East side of the road. Enjoy!
Destrahan
Harry Hurst
Ciano Real Estate, Inc.
Frankie Ciano
SCFRAN
SC01412309
$0
: Stucco
1
1
: Corner Lot
1
: House
Town of Cayucos(540)
: Cable Available, Phone Available, Natural Gas Connected, Water Connected, Sewer Connected
: Oceansideofhighway
: Insulated Windows
1
0
6
: Rain Gutters
1
: Square Feet
5
Guest House
Turnkey
1
US-06079-N-064125040-R-N
SingleFamilyResidence
21/02/2024 23:16:49
Ocean
CAYU - Cayucos
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