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$5,800,000
170 Days Online

51 S Ocean Avenue
Cayucos, CA 93430

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
3,892
SqFt
$1,490
/SqFt
1938
Built
County:
San Luis Obispo
Listed by Frankie Ciano of Ciano Real Estate, Inc. 805-748-1026

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51 S Ocean Avenue51 S Ocean Avenue51 S Ocean Avenue51 S Ocean Avenue
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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.

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Listing Snapshot
Price 
$5,800,000
Days Online 
170 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,892 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1938
MLS® Number 
SC24022652
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
6 months agoListing first seen online
General Features
Number of Stories 
1
Acreage 
0.23
Water 
Public
Property Sub Type 
Hotel Motel
Utilities 
Cable AvailableNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot 
Corner Lot
Community Features
MLS Area 
CAYU - Cayucos


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. The 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.

Neighborhood & Commute
Source: Walkscore
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