Description
Prior nonconforming residential use has expired due to extended vacant status. Any future use must be in conformance with the property's C-3 zoning. Buyer to confirm whether partial residential use may be allowed under new occupancy permit. C-3 zoning allows for redevelopment as mixed use commercial with residential. The property extends out to the beach, with an estimated 35' portion of bluff lost in a single high-water event several years ago, when view deck and walkways were lost to the sea. A grand side courtyard with trellises and outdoor fireplace remain, providing a setting for world-class entertaining. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.
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2BEDS
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0.84ACRES
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1BATHS
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01/2 BATHS
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1,170SQFT
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$384$/SQFT
Description
Prior nonconforming residential use has expired due to extended vacant status. Any future use must be in conformance with the property's C-3 zoning. Buyer to confirm whether partial residential use may be allowed under new occupancy permit. C-3 zoning allows for redevelopment as mixed use commercial with residential. The property extends out to the beach, with an estimated 35' portion of bluff lost in a single high-water event several years ago, when view deck and walkways were lost to the sea. A grand side courtyard with trellises and outdoor fireplace remain, providing a setting for world-class entertaining. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-01T17:34:39.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.