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.
Listed By CRMLS_CA / Frankie Ciano / Ciano Real Estate, Inc. / 805-748-1026
Last checked:
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Last updated Feb 22, 2024
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MLS# SC24035889 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$5,800,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$31,057
|
Taxes | N/A |
Insurance | $1,595 |
Utilities | $276 See report |
Total | $32,928/mo.* |
*This is an estimate |
Walk Score®
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Bike Score®
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Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/21/24
Feb 21, 2024
|
Listed / Active | CRMLS_CA | $5,800,000 | |
6/5/23
Jun 5, 2023
|
Listed / Active | BRIDGE | ||
5/23/23
May 23, 2023
|
Listed / Active | CRMLS_CA |