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.
SC24035889
Single Family, 1 Story
6
San Luis Obispo
1 Full/6 Three-Qtr
1938
0.23
Acres
Public
1
Stucco
Public Sewer
3,748
Sq. Ft.
Yes
- 2
spaces
Town of Cayucos(540)
Cable Available,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
School Information
San Luis Coastal Unified
Bathrooms
1
6
Total:7
Detailed Room Information
- Bedroom(s)
- Main Level: 5, Total: 6
- Laundry
- Common Area
Interior Features
- Cooling
- None
- Common Walls
- No Common Walls
- Doors/Windows
- Insulated Windows
- Entry Location
- 1
- Fireplaces
- Living Room.
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. 0 Covered Parking Spaces. Door-Multi,Driveway,Garage,Gravel,RV Potential.
- Exterior
- Stucco
- Patio
- Covered,Front Porch
- Roof
- Spanish Clay Tile
- Pool Description
- None
- Lot View
- Ocean
- Fence
- Block,Brick,Wood
- Structural Condition
- Turnkey
- Additional Exterior/Lot Features
- Rain Gutters. Corner Lot.
Financial Considerations
064125040
Cash to New Loan
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