A premier investment opportunity, this Spanish Mediterranean property 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.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$5,200,000
Days On Site
125 Days
Bedrooms
N/A
Inside Area (SqFt)
3,892 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.23 Acres
Year Built
1938
MLS® Number
SC25056822
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
4 months ago
Listing first seen on site
4 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.23
Number Of Stories
1
Property Sub Type
Hotel/Motel
Special Circumstances
Standard
SqFt Total
3892
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
Commercial/Residentail
Interior Features
Heating
Forced Air
Laundry Features
Inside
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Stucco
Fencing
BlockBrickWood
Lot Features
Corner Lot
Roof
Spanish TileTile
Community Features
MLS Area
CAYU - Cayucos
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.