51 S Ocean Avenue
Cayucos, CA 93430

  • 6 beds
  • 7 baths
  • 3,748 sqft
  • 10,019 sqft lot
  • $1,547 per sqft
  • 1938 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Frankie Ciano / Ciano Real Estate, Inc. / 805-748-1026

Last checked: Checking… • Last updated Feb 22, 2024 •

MLS# SC24035889 —

This home is listed in more than one place. See it here.

Monthly cost estimate

51 S Ocean Avenue

Asking price

$5,800,000

Expense Monthly cost
Mortgage

$31,057

Taxes N/A
Insurance $1,595
Utilities $276 See report
Total $32,928/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
2/21/24
Listed / Active CRMLS_CA $5,800,000
6/5/23
Listed / Active BRIDGE
5/23/23
Listed / Active CRMLS_CA

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Listing provided by broker:

Frankie Ciano

Ciano Real Estate, Inc.

805-748-1026

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This house located in Cayucos, CA 93430 is currently for sale for $5,800,000. 51 S Ocean Avenue is a 3,748 square foot house with 6 beds and 7 baths that has been on Estately for 67 days.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Ciano Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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.

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