51 S  Ocean Ave, Cayucos, CA 93430
FOR SALE
Listed by Frankie Ciano, Ciano Real Estate, Inc., (805) 771-9779

51 S Ocean Ave
Cayucos, CA 93430

  • 6 Beds
  • 7 Baths
  • 3,748 sqft
  • 6 Beds
  • 7 Baths
  • 3,748 sqft

$5,800,000

Est. Mortgage $36,369/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

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 rental business/hospitality designation offers a variety of options for the new owner.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
A/C
Contact Manager
HOA
None
Price/Sqft
$1,547
Listed
36 days ago

Home Details for 51 S Ocean Ave

Interior Features

Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 5Number of Bathrooms: 7Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 6Number of Bathrooms (main level): 7
Dimensions and Layout
Living Area: 3748 Square Feet
Appliances & Utilities
Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedLaundry: Common Area
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Gas & Electric
No Electric on Property
Windows, Doors, Floors & Walls
Window: Insulated WindowsCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1
View
Has a ViewView: Ocean

Exterior Features

Exterior Home Features
Roof: Spanish TilePatio / Porch: Covered, Front Porch, PatioFencing: Block, Brick, Wood, FencedOther Structures: Guest HouseExterior: Rain GuttersNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Gravel,Garage - Two Door,RV Potential
Pool
Pool: None
Frontage
Waterfront: Ocean Side Of Highway 1Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 36

Property Information

Year Built
Year Built: 1938
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Spanish
Building
Construction Materials: StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: TurnkeyParcel Number: 064125040

Price & Status

Price
List Price: $5,800,000Price Per Sqft: $1,547

Active Status

MLS Status: Active

Location

Direction & Address
City: CayucosCommunity: Town of Cayucos(540)
School Information
High School District: San Luis Coastal Unified

Agent Information

Listing Agent
Listing ID: SC24035889

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 10019 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: SC24035889Water ViewWater View: OceanAttribution Contact: 805-748-1026

Additional Information

Sidewalks
Last check for updates: 1 day ago
Listing Provided by: Frankie Ciano DRE #01412309, (805) 748-1026
Ciano Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SC24035889

Price History for 51 S Ocean Ave

DatePriceEventSource
02/21/2024$5,800,000Listed For SaleCRMLS #SC24035889
11/21/2023$6,200,000ListingRemovedCRMLS #SC23075585
05/24/2023$6,200,000Listed For SaleCRMLS #SC23075585

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$1,870,000
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1
810

What Locals Say about Cayucos

  • Shareen S.
    "This is a safe neighborhood. Kids can ride bikes and play and be active even past dark like we did when we were kids. Granted, there is a lot of older folks, most of them are pretty nice people. I would say the only downfall would be the people who are from out of the area and they are renting a vacation home, have no respect for the local people. But children can be wild and free range living here in cayucos. "
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LGBTQ Local Legal Protections

Frankie Ciano, Ciano Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
51 S Ocean Ave, Cayucos, CA 93430 is a 6 bedroom, 7 bathroom, 3,748 sqft single-family home built in 1938. This property is currently available for sale and was listed by CRMLS on Feb 21, 2024. The MLS # for this home is MLS# SC24035889.