NOT LISTED FOR SALE

5306 Highway 1 Cayucos, CA 93430

Estimated Value: $3,780,001

550.43 Acres
$6,867 Price per Acre
23,976,730 Sq Ft Lot

Sale Details

Date Sold: February 7, 2020

Last sale price $4,128,225

Est. 8% decrease in value since last sale

Current estimated payment $20,874 / mo

147 Days on Market

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 2020

Located 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

Charles Richardson, Broker License #00416661 Listed on: 07/24/2019

Charles Richardson, Broker

Co-Listed By

Andrew Richardson

Central Coast Sotheby's International Realty License #01872187

Central Coast Sotheby's International Realty

Last Buyer's Agent

Andrew Richardson

Central Coast Sotheby's International Realty License #01872187

Central Coast Sotheby's International Realty
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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

Property Details

Property Type

Land

Lot Details

550.43 Acres

Listing Details

  • Road Frontage Type: Highway
  • Subdivision Name Other: Cayucos Rural(520)
  • View: Yes
  • Zoning: AG
  • Property Type: Land
  • Parcel Number: 046161013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.17

Exterior Features

  • View: Bay, Canyon, Creek/Stream, Hills, Mountain(s), Ocean, Panoramic, Pond, Reservoir
  • Fencing: Cross Fenced

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Sewer: Conventional Septic
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous, Stable(s), Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property, Lot Over 40000 Sqft, Ranch
  • Lot Size Sq Ft: 23976731.00
  • Lot Size Acres: 550.4300

Multi Family

  • Lot Size Area: 23976731.0000 Square Feet
  • Waterfront Features: Across the Road from Lake/Ocean, Pond, Reservoir in Community

Tax Info

  • Tax Census Tract: 130.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jan 7, 2020
Sold by
Bought by
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
$3,780,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$348,224
Avg. Annual Appreciation
-1.34%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Bought by

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
Bought by

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
Bought by

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
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,128,500 First American Title Company
$2,000,000 First American Title
-- First American Title
-- First American Title
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,785,000
Previous Owner $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,656 $36,056
2024 $1,632 $42,701
2023 $1,660 $31,855 $1,250 $30,605
2022 $1,632 $24,420 $1,250 $23,170
2021 $1,815 $21,795 $0 $0
2020 $1,633 $21,187 $0 $0
2019 $1,635 $20,055 $0 $0
2018 $1,565 $17,419 $0 $0
2017 $1,471 $17,417 $0 $0
2016 $1,493 $17,315 $1,250 $16,065
2014 $1,679 $12,187 $1,000 $11,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI19175945

California Regional Multiple Listing Service (CRMLS)

APN: 046-161-013

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