Active

51 S Ocean Avenue

Cayucos CA, 93430

$5,800,000


$1,547.49 per sqft

Active

6 Beds

5.5 Baths

3,748 sqft

Residential

Built in 1938

Listed by Frankie Ciano with Ciano Real Estate, Inc. 805-771-9779

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.

SC24035889

MLS ID

February 21, 2024

Listed

March 28, 2024

Updated

Map

51 S Ocean Avenue
Cayucos CA, 93430

Interior Features

Total Stories

1


Bedrooms

6 Beds


Bathrooms

5.5 Baths


Laundry Description

Common Area


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Rain Gutters


Lot Features

Corner Lot


Architectual Style

Spanish


Roof

Spanish Tile


Sewer

Public Sewer

School Information

School District

San Luis Coastal Unified

Other Property Details

Area Name

CAYU - Cayucos


Days on Market

1


Garage

Yes


Garage Spaces

2


Parking

Door-Multi, Driveway, Garage, Gravel, RV Potential


Parking Total

2


View

Yes


View Description

Ocean


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2%

Listing Contact: 805-771-9779 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:34 PM UTC

 

Powered byLuxury Presence