$440,000
$475,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2,500 Sqft Lot
SOLD DATE : 02/02/2022
Key Details
Sold Price $440,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Town Of Cayucos(540)
MLS Listing ID SC19193693
Sold Date 02/02/22
HOA Y/N No
Lot Size 2,500 Sqft
Property Description
Prime location, in downtown Cayucos, with tentative plans and permit fees paid for a 3-unit custom boutique hotel with approximately 2,400 sq ft, just a block from public beach access, market, restaurant, church, and park, plus its only 3 blocks to the historic Cayucos Pier. Enjoy pier fishing, surfing, walking on the beach, or just relaxing in luxurious accommodations. Two units have 2 bedrooms, 2 bathrooms with fireplace. One unit is 1 bedroom with fireplace. All units have a private viewing deck. One unit is ADA compliant. The units are designed to have raised ceilings, granite counter tops, stainless steel appliances, high end flooring, and window coverings. Imagine the possibilities for family use and rental income. We think this is a potential cash cow, and it's a perfect destination spot to visit Hearst Castle, San Luis Obispo Mission , Morro Bay Embarcadero, Montana De Oro State Park, or wine tasting around Paso Robles, Santa Margarita, SLO, and Avila Beach. Call today for all the details.
Location
State CA
County San Luis Obispo
Area Cayu - Cayucos
Zoning CR
Interior
Fireplace No
Exterior
Community Features Biking, Fishing, Hiking, Park
View Y/N Yes
View Ocean
Building
Lot Description 2-5 Units/Acre, Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 064125051
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Trust
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Bought with David Crabtree • Home & Ranch Sotheby's Intl