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Active Under Contract

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$18,250,000

3,452,783 sqft lot|1967 Built|1056 DOM

5010 Cabrillo, Cayucos, CA 93430

Property Description

Alexander Ranch is a stunning, oceanfront/coastal ranch of over 357 acres located between Cayucos and the small Community of Harmony. The ranch is bisected by Highway 1 and features a northerly/ inland portion with 195± acres and a southerly/coastal portion comprising 162.41± acres that includes extensive coastal frontage. An extraordinary property that presents a setting unlike any other with extensive ocean frontage, proximity to Cayucos, usable terrain, creeks, spectacular coastal views, and southerly orientation. The ranch features a main, single-family residence with shoreline views and several mobile home farmsteads with multiple miscellaneous buildings. The elegantly appointed main residence features over 2,295± sq. ft. of direct ocean views offering the perfect blend of classic comfort and modern living. Complete with 2 bedrooms, 2.5 bathrooms, basement, attached carport that holds up to 3 vehicles and a detached studio/workshop. The generous acreage also features substantial improvements and facilities comprising an extensive abalone farm and facilities on 16± acres leased for 30 years at $61,200 per quarter. In addition to the abalone farming, this property has historically been operated as a livestock ranch. Due to the predominant open grass, mild climate and water conditions, this ranch is well-suited to livestock production with a set of corrals located near the main gate. The inland ranch portion is located outside the coastal zone jurisdictions which allows for potential future development. Elevated coastal living awaits you with unobstructed ocean views and the natural splendor of the generous acreage.

Listing provided by: David CrabtreeDRE #01092187805-434-9700 davidcrabtreeandassociates@gmail.com, Home & Ranch Sotheby's Intl

MLS #: NS23158798