Seller's Agent in 2020
Charles Richardson
Charles Richardson, Broker
(805) 440-1260
15 Total Sales
5306 Highway 1 Cayucos, CA 93430
Estimated Value: $829,000 - $6,066,000
550.43
Acres
$6,701
Price per Acre
23,976,730
Sq Ft Lot
Highlights
- Ocean View
- Horse Property
- Across the Road from Lake or Ocean
- Community Stables
- Home fronts a pond
- 550.43 Acre Lot
About This Lot
As of February 2020Located just 4 miles North of Cayucos alongside scenic Highway 1, this prestige property presents breathtaking views of Morro Rock, Estero Bay, and the vast panoramas of the Pacific coastline. Situated on the East side of the highway, a historic undercrossing offers direct access to the ocean and Estero Bluffs State Park. A total of 550+/- acres, the Ranch features a magnificent two-story 5,000+/- sqft Swiss-style barn with a full length loft, 2 offices, shower area, deck, and balcony with great views of the ocean. Additionally, a circa 1880’s ranch house, a bunk house, other misc out buildings, corrals at center of the ranch, cross-fencing, and an extensive road system. Ranch offers an opportunity and excellent potential as an ocean view estate, family compound, retreat, horse ranch and cattle ranch. There are prized Australian low-line black Angus cattle currently raised on the ranch. An elaborate modern water system with 8 tanks holding a total of 40,000 gal of water storage that distributes water throughout the ranch for livestock and domestic residential use. Property also features a large pond, a large lined reservoir with roughly 897,600+/- gallons. Ranch has been under the California Williamson Act since 1975, providing low property taxes. Enjoy the unmatched climate and a prime ocean view building sites, making this opportunity to own a piece of California’s unique history such a value!
Last Agent to Sell the Property
Charles Richardson, Broker License #00416661 Listed on: 07/24/2019
Property Details
Property Type
- Land
Lot Details
- 550.43 Acre Lot
- Home fronts a pond
- Property fronts a highway
- Rural Setting
- Cross Fenced
- Property is zoned AG
Property Views
- Ocean
- Bay
- Pond
- Panoramic
- Canyon
- Reservoir
- Creek or Stream
- Mountain
- Hills
Home Design
- Ranch Style House
Utilities
- Propane
- Private Water Source
- Well
- Conventional Septic
Additional Features
- Across the Road from Lake or Ocean
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 046161013
Community Details
Overview
- No Home Owners Association
- Reservoir in Community
- Mountainous Community
Recreation
- Community Stables
- Horse Trails
- Horse Property
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2019
Closed on
Jan 7, 2020
Sold by
Demski Lydia
Bought by
Jackson Declan and Schow Melanie J
Seller's Agent
Charles Richardson
Charles Richardson, Broker
Buyer's Agent
Andrew Richardson
Central Coast Sotheby's International Realty
List Price
$6,325,000
Sold Price
$4,128,225
Premium/Discount to List
-$2,196,775
-34.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$439,963
Avg. Annual Appreciation
-1.83%
Purchase Details
Closed on
Apr 18, 2001
Sold by
Muscio Richard Theodore and Muscio Timothy Nelson
Bought by
Demski Lydia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 1, 2001
Sold by
Cherry Elizabeth H
Bought by
Muscio Richard Theodore and Muscio Timothy Nelson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 28, 2001
Sold by
Cherry Elizabeth H
Bought by
Muscio Richard Theodore and Muscio Timothy Nelson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jackson Declan | $4,128,500 | First American Title Company | |
| Demski Lydia | $2,000,000 | First American Title | |
| Muscio Richard Theodore | -- | First American Title | |
| Muscio Richard Theodore | -- | First American Title | |
| Muscio Richard Theodore | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Demski Lydia | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $4,128,225 | -17.4% | -- |
| 12/18/2019 12/18/19 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | Price Changed | $5,000,000 | -20.9% | -- |
| 07/24/2019 07/24/19 | For Sale | $6,325,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,825 | $2,205,237 | $691,775 | $1,513,462 |
| 2024 | $12,723 | $1,895,924 | $707,720 | $1,188,204 |
| 2023 | $12,723 | $1,205,390 | $653,523 | $551,867 |
| 2022 | $12,549 | $1,185,295 | $644,248 | $541,047 |
| 2021 | $12,422 | $1,165,594 | $635,155 | $530,439 |
| 2020 | $11,368 | $1,066,987 | $431,894 | $635,093 |
| 2019 | $11,047 | $4,412,311 | $3,167,029 | $1,245,282 |
| 2018 | $10,747 | $1,008,709 | $398,276 | $610,433 |
| 2017 | $10,578 | $992,846 | $394,382 | $598,464 |
| 2016 | $9,795 | $919,335 | $332,605 | $586,730 |
| 2015 | $9,228 | $860,429 | $282,512 | $577,917 |
| 2014 | $9,814 | $930,240 | $363,643 | $566,597 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Richardson
-
Andrew Richardson
Seller Co-Listing Agent in 2020
Andrew Richardson
Central Coast Sotheby's International Realty
(805) 781-6040
70 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI19175945
APN: 046-161-013
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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