$1,040,000
$1,200,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,823 SqFt
SOLD DATE : 05/21/2020
Key Details
Sold Price $1,040,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,823 sqft
Price per Sqft $570
Subdivision Cayucos Rural(520)
MLS Listing ID SP19240434
Sold Date 05/21/20
Bedrooms 3
Full Baths 3
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 3,920 Sqft
Property Description
Two Units. 690 S. Ocean is truly a unique and one of a kind property located in the heart of Cayucos. This home is just one block north of beach access along Pacific Avenue and steps from the quaint Downtown. From the second story deck are commanding views of the Pacific Ocean, the Cayucos coastline, and the city. Architecturally chic and rich with nautical inspired interior elements, it would be impossible to recreate the authenticity, character, and history of this mid-century work of art. The forty by one-hundred foot lot is mostly flat and commercially zoned as Office-Professional. This two-unit property is currently permitted as a 1 Unit Hotel with an attached Owner/Caretaker unit to the right. The current owners reside in the smaller unit and operate a short-term vacation rental business out of the main residence. For over ten-years this property has been enjoyed by numerous guests from around the world, and rated five-stars with 390 reviews. The main residence consists of two bedrooms, a full kitchen, loft sleeping area, living/dining room, open concept den, and balcony. The secondary unit is a one-bedroom with full bath, an open-concept living/dining with full kitchen, and a roof deck with spa and semi-enclosed lounge. There are multiple outdoor spaces with separate hot-tubs and seating areas for each unit to enjoy. This home is perfect for those seeking a genuine piece of Cayucos history with the ability to produce substantial long-term income.
Location
State CA
County San Luis Obispo
Area Cayu - Cayucos
Zoning OP
Rooms
Other Rooms Shed(s), Storage
Main Level Bedrooms 2
Interior
Interior Features Beamed Ceilings, Balcony, Crown Molding, High Ceilings, Bedroom on Main Level, Loft, Main Level Master
Heating Wall Furnace, Zoned
Cooling None
Flooring Concrete
Fireplaces Type Free Standing, Gas, Living Room
Fireplace Yes
Laundry Inside, Laundry Closet, Upper Level
Exterior
Garage Concrete, Gravel
Pool None
Community Features Urban
View Y/N Yes
View Coastline, Neighborhood, Ocean, Panoramic, Pier, Water
Roof Type Barrel,Metal
Private Pool No
Building
Lot Description Gentle Sloping, Level, Rectangular Lot
Story 2
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Contemporary, Mid-Century Modern
Level or Stories Two
Additional Building Shed(s), Storage
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 064145036
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Gail Riley • Dale Kaiser Real Estate