51 S Ocean Avenue, Cayucos

Cayucos Home For Sale

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.

Property Details

51 S Ocean AvenueSquare Ft: 3,748Lot Size: 0.23Bedrooms: 6Bathrooms: 7Price: $5,800,000Zip: 93430
MLS® #: SC24035889Garages: 2School District: Days on Market: 1Listed By: Frankie Ciano, Ciano Real Estate, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Additional Information

  • City:
    Cayucos
  • County:
    San Luis Obispo
  • Zip:
    93430
  • MLS® #:
    SC24035889
  • Bedrooms:
    6
  • Bathrooms:
    7
  • Square Ft:
    3,748
  • Lot Size:
    0.23
  • Neighborhood:
    CAYUCOS (93430)
  • Garages:
    2
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Listing information last updated on July 21st, 2024 at 10:30pm PDT.