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51 S Ocean | San Luis Obispo CA | 7272541471

This listing was posted on ListedBuy.

$5,800,000

51 S Ocean, Cayucos CA 93430

Price:
$5,800,000
BR/BA:
6 BR, 7 BA
Location:
51 S Ocean, San Luis Obispo, CA
Description:

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 saleal business/hospitality designation offers a variety of options for the new owner. Still available at ListedBuy!
Property Type:
Single-Family Houses
Sq feet:
3,748 sq. ft.
Amenities:
Parking, View
For sale by:
By Owner
May 17 on ListedBuy
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More About this Listing: 51 S Ocean, Cayucos CA 93430
51 S Ocean, Cayucos CA 93430 is a Six Bedroom 7.5 Bath Single-Family Homes for Sale at 51 S Ocean in San Luis Obispo CA. Find other listings like 51 S Ocean, Cayucos CA 93430 and listings near 51 S Ocean by searching Oodle Classifieds for Six Bedroom 7.5 Bath Single-Family Homes for Sale in San Luis Obispo CA.