A Landmark Investment Opportunity: The Historic Cass House. A turnkey opportunity to own a charming Bed & Breakfast, Artisanal Bakery, stylish Bar & Grill, and versatile Wedding & Event Venue. Own a piece of Cayucos history with this exceptional investment opportunity. This historically significant estate, encompassing two combined lots includes 222 N. Ocean Avenue, Cayucos, CA. The Iconic Cass House, established in 1875 by town founder Captain James Cass, is a landmark property located in the heart of downtown Cayucos, just one block from the ocean and a short drive from Morro Bay and the Madonna Inn. This estate, approximately 30,000 sq ft (0.68 acres) is zoned for commercial, offering opportunities for hospitality or private residential purposes. This property offers a unique blend of existing improvements and diverse development potential. The Cass House, originally priced at 5 million more than a decade ago, was acquired in 2014 for 2.5 million. Substantial investments were made to redevelop the property, including the addition of new structures like a bar & grill, bakery, outdoor pavilion, storage, restrooms, and parking facilities. Throughout the development process, the property's original architecture was carefully preserved to ensure its charm and character were maintained. This project required dedication and passion to bring to fruition. The property boasts four distinct structures, including the renowned Bijou Bakery. The meticulously restored 1876 main residence exudes historic grandeur in a Victorian architectural style. Each bedroom has its own ensuite bathroom, and there are various amenities such as a reception area, banquet room, formal dining room, and a commercial-grade kitchen perfect for its previous operation as The Cass House Bed & Breakfast and Wedding Venue. A picturesque wedding arbor and expansive lawn provide an idyllic setting for events. Currently used as a private residence, this grand estate awaits its next chapter as a premier destination. Complementing the main residence is a guest house, ideal for on-site management, additional guest accommodations, or a bridal suite. Further enhancing the property are a cold storage unit designed to seamlessly blend with the historic aesthetic, a dry storage area, public restrooms, on-site parking, and established vegetable and herb gardens, offering exciting farm-to-table possibilities. The fully equipped restaurant space, formerly the Cass House Bar & Grill, is primed for reopening. Featuring multiple beer and wine taps, a wood-fired oven and Argentina grill, a professional-grade bar and kitchen, and an inviting alfresco dining pavilion with retractable covers, ample seating, and elegant chandeliers, this space is perfectly suited for a thriving restaurant and wine events. The Bijou Bakery currently operates under a month-to-month lease, providing the new owner with flexibility to renegotiate terms, secure a long-term lease, or explore alternative arrangements. This highly visible property enjoys a prime location, attracting both locals and tourists. Its unique combination of historical significance, proximity to the ocean, versatile zoning, existing infrastructure, and potential for expansion makes this a truly compelling investment in a thriving coastal community. Please insert the following link into your web browser for the video illustrating the property's immense potential: https://youtu.be/fmsG-Sl8jLg?si=ZNo0WGNWeAEGEoH1 . Financials and pro forma details available upon request. Contact our team today for more information or to schedule a private showing.
Income-Generating Coastal Gem with Stunning 180° Ocean Views in Cayucos. Unlock the incredible rental income potential of this stunning property located on the hill just above the heart of Cayucos. With unparalleled elevated 180-degree ocean views stretching south to Morro Rock and beyond, and north well past the Cayucos pier, this property is a dream destination for owners, vacationers and renters alike. The upper level 3 bedroom, 3 bath, 2500apxsf main home offers breathtaking views from large picture windows in the family room, the breakfast nook, the enclosed sunroom, one of the primary suites, or any of the five view decks on the front of this Mediterranean-style home. The main living area on the upper level features a spacious family room/dining area with a stone gas jet fireplace, a quaint kitchen with a breakfast bar and nook, a butler’s pantry, a formal living room with a brick woodburning/gas fireplace, a guest bath, two primary suites with baths, a private outdoor sitting area between the primary suites, a guest bedroom, a laundry room, and an enclosed sunroom. The lower level apartment offers a 1-bedroom, 1-bath 600apxsf space with a living room, kitchenette, and separate entry, making it perfect for generating rental income or hosting guests. The oversized lot includes a long driveway leading to the 2-car garage at the back of the property and ample off-street parking in the front. Additionally, the large private deck and patio spaces in the rear yard provide excellent retreat areas. This property’s prime location and layout make it ideal for short-term vacation rentals (restrictions apply) or long-term tenants. Imagine offering guests daily beach walks, stunning sunsets, and the soothing sound of waves in a peaceful and picturesque beach town. Located in a friendly and welcoming neighborhood with easy access to local shops, restaurants, and parks, this rare property has all the features to maximize its rental income potential. Whether you're looking for a full-time residence, a vacation home, or an income-generating property with separate family spaces, 285 Bakersfield Ave in Cayucos has it all. All offers seriously considered.
Breathtaking Views of the Pacific Ocean and Whale Rock Reservoir from this 24 Plus Acre Property with two Homes with two separate addresses - one home is 2,216 sq. ft, and the other home is 1,600 sq. ft., and has an attached 1,400 sq. ft workshop, a Concrete Studio - 600 sq.ft. one Large Apartment - 820 sq. ft., and a Huge 1,834 Sq. Foot Workshop. The heart of both larger homes, the concrete house, and apartment are masterpieces of craftsmanship. Plenty of room for one large family, multiple families, short orlong term rentals or whatever your heart desires, plus open space for crops, livestock or a small vineyard. All in a highly desirable location in the Heart of the Rolling Hills of Cayucos with a seasonal creek, Just a few miles to the beach, hiking trails, and downtown Cayucos.
The median home value in Cayucos, CA is $1,185,000. This is higher than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Cayucos, CA is $1,185,000. Approximately 28.33% of Cayucos homes are owned, compared to 17.8% rented, while 53.87% are vacant. Cayucos real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cayucos real estate agent to arrange a tour today!
Cayucos, California has a population of 2,133. Cayucos is less family-centric than the surrounding county with 6.54% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Cayucos, California is $77,963. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Cayucos is 62 years.
The average high temperature in July is 73.3 degrees, with an average low temperature in January of 43.1 degrees. The average rainfall is approximately 19.7 inches per year, with 0 inches of snow per year.