Cayucos, CA 93430 51 S Ocean Avenue

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Presented By: Frankie Ciano with Ciano Real Estate, Inc.; 805-748-1026
  • MLS# SC24022652
  • 02/02/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 3,892
  • GarageGarage • 2

Home Details

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.
Presented By: Frankie Ciano with Ciano Real Estate, Inc.; 805-748-1026

Interior Features for 51 S Ocean Avenue

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 51 S Ocean Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building NameSea Gull Motel
Business TypeHotelMotel, Hospitality
Carport Y/NNo
CityCayucos
CountySan Luis Obispo
Days on Market14
DirectionsOn South East corner of Pacific and Ocean, East side of the road. Enjoy!
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet10019.0
MLS AreaCAYU - Cayucos
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalHotelMotel
Property SubTypeHotelMotel
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameOcean
Total Units5
UtilitiesCableAvailable, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1938
Year Built SourceOwner

Exterior for 51 S Ocean Avenue

Building Area Total3892.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.23
Lot Size Area10019.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $5,800,000
MLS#SC24022652
List Date 02/02/2024
Property Type Commercial
Phone 714.964.3311
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