There are multiple listings for this address:
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.
Property Details
Price:
$5,800,000
MLS #:
SC24022652
Status:
Active
Baths:
0
Address:
51 S Ocean Avenue
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
Town of Cayucos540
Neighborhood:
cayucayucos
City:
Cayucos
Listed Date:
Feb 2, 2024
State:
CA
ZIP:
93430
Year Built:
1938
Schools
Interior
Exterior
Parking Spots
2.00
Stories Total
1
Water Source
Public
Financial
Buyer Agent Compensation
2.000
Utilities
Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Map
Contact Us
Mortgage Calculator
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Courtesy of Ciano Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.51 S Ocean Avenue
Cayucos, CA
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.
Property Details
Price:
$5,800,000
MLS #:
SC24035889
Status:
Active
Beds:
6
Baths:
7
Address:
51 S Ocean Avenue
Type:
Single Family
Subtype:
Hotel/Motel
Subdivision:
Town of Cayucos540
Neighborhood:
cayucayucos
City:
Cayucos
Listed Date:
Feb 21, 2024
State:
CA
Finished Sq Ft:
3,748
ZIP:
93430
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1938
Schools
Interior
Exterior
Parking Spots
2.00
Stories Total
1
Water Source
Public
Financial
Buyer Agent Compensation
2.000
Utilities
Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 3352 Studio Drive
Cayucos, CA$4,750,000
1.98 miles away
Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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