$2,135,000

6820 Moonstone Beach Drive

Cambria CA, 93428

Description

Take advantage of the anticipated boom in domestic tourism. Keep as-is or RE-DEVELOP to 8 units-4.8 water meters included. Industry professionals say drive-to coastal destinations will be in high demand as we start to open up from Covid 19. Many domestic tourists are expected to forego flying from CA to popular destinations such as Hawaii & Cabo. This is a fantastic opportunity to benefit from this value-add investment. The home & business is undisputedly located on one of the finest beaches on the Central Coast. The property consists of a home/manager residence & 2 rental units with separate entrances (all w/ ocean views). Originally built as an ocean view home plus two B&B/motel rooms it offers the options to: 1) RE-DEVELOP and convert the house into 3 spectacular ocean/whitewater view Jacuzzi units, & 2 side units & 3 stand-alone secluded cottages for a total of 8 units; or 2) Keep the house as-is & rent the existing 2 hospitality units. The large kitchen has a Chambers cook-top/griddle/dbl oven, butcher block island with sink, walk-in pantry & mitered ocean view window. Master suite has 2 large walk-in closets, floor safe & ocean views. Spa-like master bath has dbl sinks, separate tub & shower & ample counter space. The 15 x 25 bonus room could be used as an art studio/gallery. Private courtyard great for gardening & pets. Living room fireplace, new interior paint/carpet, newer roof, RV parking and 9 parking spaces. All this and just steps from the boardwalk and beach.

Details

MLS#SC19285458
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1983
Days On Site336

Features

SQ Feet3,981
Story(s)1
ZoningRecreational

Market Activity 93428

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Area Information
StateCA
CountySan Luis Obispo
CityCambria
Zip Code93428
AreaCAMB - Cambria
Listing VS Median (in 93428)
Price:
$2,135,000
low | high
Med:
$299,000
100% of Average
SqFt:
3,981
low | high
Med:
316
100% of Average
$ / SqFt:
$536
low | high
Med:
$237
100% of Average
On Site:
336
low | high
Med:
64
100% of Average
Listing Updated: December 4, 2020 5:10:26 AM PST
Mark Epstein LogoMLS Number: SC19285458
Listing Provided By:
Mark Epstein  of  Mark Epstein Associates
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