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    5010 Cabrillo Ave Cayucos, CA 93430

    Sponsored
    For Sale
    $18,250,000

    Coastal Ranch, Ocean Views, Abalone Farm

    Property size:
    1,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 357-acre coastal ranch, situated between Cayucos and Harmony, offers unparalleled oceanfront living. The property is bisected by Highway 1, encompassing a 195-acre inland portion and a 162.41-acre coastal section with extensive ocean frontage. The main residence boasts over 2,295 square feet of living space, showcasing stunning ocean views, two bedrooms, 2.5 bathrooms, a basement, and a three-car carport. A detached studio/workshop complements the main house. The property also includes several mobile homes and various outbuildings. A significant feature is a 16-acre abalone farm, currently leased for 30 years at $61,200 per quarter. Historically used for livestock, the ranch's open grasslands, mild climate, and water resources are well-suited for continued agricultural use, supported by existing corrals. The inland acreage lies outside coastal zone jurisdictions, presenting potential future development opportunities. This unique property offers a blend of coastal elegance, agricultural potential, and breathtaking ocean views. The 1,440 sq ft home is situated on 79.26 acres of the total property.

    Property Features for 5010 Cabrillo Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,440 SF
    Lot Size
    3,452,566 SF

    Building Details

    Year Built
    1967
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Gym & Fitness Pharmacy Wholesale Shop Kitchen & Bath Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cayucos
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.9753
    Latitude
    35.4605

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    FAQs

    What type of property is this?
    Commercial real estate - Coastal Ranch, Ocean Views, Abalone Farm
    Where is this commercial real estate located?
    The property is located at 5010 Cabrillo Ave Cayucos, CA.
    What is the asking price?
    The asking price for this property is $18,250,000.
    (805) 434-9700
    Request Owner's contact information
    5010 Cabrillo Ave Cayucos, CA 93430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5010 Cabrillo Ave Cayucos, CA 93430
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