Thank you
Frankie Ciano
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.
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Total Bedrooms : 6
Total Baths: 7
Full Baths: 1
Half Baths: 0
Water Source : Public
Sewer : Public Sewer
Roof : Spanish Tile
Exterior Property Features : Rain Gutters
Windows: Insulated Windows
Fireplace: Living Room
None
Air Conditioning
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1938
Construction: Stucco
Roof: Spanish Tile
Rain Gutters
None
Common Area
Covered,Front Porch
Block,Brick,Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.23
Lot Size Source: Assessor
Lot Size Square Feet: 10019
Original List Price: 5,800,000
Listing Contract Date: 2024-02-21
Listing Agreement: Exclusive Right To Sell
Parcel Number: 064125040
Garage Description: Door-Multi,Driveway,Garage,Gravel,RV Potential
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: CAYU - Cayucos
Postal Code Plus 4: 1647
Directions: On South East corner of Pacific and Ocean, East side of the road. Enjoy!
Source Property Type: Residential
Area: CAYU - Cayucos
Property SubType: Single Family Residence
Property Age: 86
Common Walls: No Common Walls
Property Condition: Turnkey
Structure Type: Single Family Residence
Year Built Source: Owner
Total Square Feet Living: 3748
Entry Level: 1
Entry Location: 1
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
560 Hacienda Drive, Cayucos, CA,93430 | $175,000 | -- | -- | -- | 10000 Sqft |
Spence Avenue, Cayucos, CA,93430 | $11,000 | -- | -- | -- | 3500 Sqft |
Herbert Avenue, Cayucos, CA,93430 | $11,000 | -- | -- | -- | 4356 Sqft |
Cabrillo, Cayucos, CA,93430 | $2,900,000 | -- | -- | -- | 1428768 Sqft |
3579 Gilbert Avenue, Cayucos, CA,93430 | $385,000 | -- | -- | -- | 5453 Sqft |
210 Cerro Gordo Avenue, Cayucos, CA,93430 | $445,000 | -- | -- | -- | 4000 Sqft |
3094 Gilbert Avenue, Cayucos, CA,93430 | $100,000 | -- | -- | -- | 2664 Sqft |
2797 Richard Avenue, Cayucos, CA,93430 | $445,000 | -- | -- | -- | 5446 Sqft |
Pacific Avenue, Cayucos, CA,93430 | $2,100,000 | -- | -- | -- | 6900 Sqft |
Paper Roads Cayucos, Cayucos, CA,93430 | $7,500 | -- | -- | -- | 1545 Sqft |
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ByOwner last updated this listing 04/28/2024 @ 06:53
MLS: SC24035889
LISTED BY: Frankie Ciano, Ciano Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.